What flaws, if any, do you find in this perspective?

Well, he called that scumbag what he did instead of what he was: a filthy, scumbag sewer rat. I refuse to even type that ignominious name. I call it Ronnie Raygun.

The tax cut myth has always been just that. It is a deliberate distortion of a valid economic point, namely that excessive and inappropriate taxes can inhibit growth. That is NOT the same thing as the GOP fantasy that tax cuts equate to growth, nor does it imply that "resulting growth will produce increased tax revenue in the long run" -- which is NOT what the actual economics says.

The same thing applies to many other conservative economic fairy tales, including their fantasies that claim a minimum wage is bad, regulations hurt the economy, and worker's rights hurt businesses. The reality is that all are false assertions that have no foundation as general principles.

Here's a simple truth.... Reagan's economic policies were only partially instituted.... but it was enough to create the largest and longest peacetime economic boom in our history.

Reagan spent a ton. He cut taxes. Hello debt.

The Washington Post? Never mind.