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Jim Parmelee

Who Knows Business After All?

by: Dan Sullivan

Sun May 03, 2009 at 01:44:39 AM EDT

( - promoted by kindler)

There is something fundamentally disturbing encountering economic ignorance among Republicans. Time was when a self-respecting progressive could rationalize being Republican through associations with like-minded businessmen. The GOP held an aura of business-minded, fiscal responsibility. Republicans scoffed at Democrats who stood for labor with arguments that ignored fiscal reality.

That was some time ago when it required an education and/or some success in business to establish your bona fides. Not so, now. Becoming a Republican apparently anoints one an expert on business and fiscal responsibility; sort of a born-again businessman/economist motif. This is all post supply side economics and the Laffer (laugher?) curve.

Now, there is a set of quaint bumper sticker slogans that replace analysis either in the classroom or the crucible of actually running a business. This came home to me today during the back and forth on Inside Scoop 's "The Road To." On the one hand, there was a Republican strategist rattling off the party lines on taxes and the economy. On the other, there was a successful Democratic businessman, one who the Republicans would have lathered over when credentials mattered, laying out the facts. And there were other Democrats who admirably held their ground.  

There's More... :: (0 Comments, 1282 words in story)
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