Mark Binelli on the disaster that has resulted since Kansas tried the old "supply-side" theory of trickle-down economics. It's never worked anywhere but that won't keep certain folks from fighting for it.
I have a theory that years ago, a bunch of rich folks hired an unscrupulous economist and said, "We need an argument we can advance to poor and middle-class people that they'll somehow be better off if we don't pay taxes." He thought for a while and came up with this.
They said to him, "Won't that harm the economy?" and he answered, "Yeah…but what will you care? You'll be richer than ever."