Democrats have lambasted Republicans for years for believing in “Voodoo economics.”
Well, the evidence is mounting that economic superstition is alive and well in the nation’s political circles, though it has nothing to do with a fondness for tax cuts. It’s instead the crazy belief that the government can spend its way to prosperity for the rest of us. Underscoring this conclusion, the Ways and Means Committee in the new GOP-majority House released a report titled “It’s Official: On Unemployment and Jobs, Democrats’ 2009 Stimulus Was a Huge Failure.”