The “single example” excuse is one commonly heard, but completely invalidated, since Kansas is the first real world application of every measure of supply-side ideology.
That’s pretty much the stupidest thing I’ve ever heard anyone write, and that’s sayin’ something. You should be ashamed of yourself for even letting it come through your fingers. I formerly had some regard for your scholarship. That’s gone now.
Kansas is not an closed economic system. It is an integrated subsection of a larger economy called the United States. It is not a close economic system. Ergo, it cannot possibly be a real-world test of anything.
Further, I’ll point out here that my original post did not mention “supply side economics” even once, because of the very simple fact that “supply side economics” is NOT a synonym for “conservative economics”.
“Supply side economics” refers to the singular notion that tax cuts can be used to stimulate investment, which works *if* there is a dearth of investment capital in the economy. Conversely, if there’s no shortage of investment capital…..tax cuts don’t do too much other than run up red ink. We’ve seen both outcomes demonstrated over the last forty years.
“Conservative economics”, which you see more generally implemented in the red states, is a much broader term which refers to the rather simple notion that the economy is better off if you let the economy run generally unregulated, with the view that market intervention through regulation generally results in unexpected consequences which are not beneficial; and that high taxes remove capital from business, where it is used most efficiently, and puts capital in the hands of the government, where it is used less efficiently.
So, impuning red-state economics using the Kansas example is a bit like pulling an apple off a tree, finding it rotten, and deciding to cut down the tree.
Not to mention that you’re discounting two entire scientific studies that show (one) that red states are better incubators of small business, (two) that red and blue states operate approximately equally as business environments, and (three) ignoring the obvious reality that through credit ratings, they are better stewards of taxpayer money.
All because of “Kansas”. LOL. More fool you.