Charles Sauer, Economist/President-The Market Institute & Julio Rivera, (aka the ConservaRican) Editorial Director-Reactionary Times/Columnist-Newsmax.Reaganomics has finally come to an end. On Tuesday - the Republican-controlled state legislature overrode a veto by Republican Governor Sam Brownback and rolled back his signature tax cuts. When Brownback signed those tax cuts for the extremely rich into law back in 2012 - he said they would boost job growth and improve the economy. That hasn't happened. Instead of improving the economy - Brownback's cuts have ruined it. Since 2013 - tax revenues have declined by $570 million - resulting in massive budget shortfalls and savage cuts to public education, as well as multiple downgrades of Kansas's credit rating. Job growth - meanwhile - has lagged way behind the rest of the country. Isn't it time for you guys to admit Reaganomics is a failed ideology? For more information on the stories we've covered visit our websites at thomhartmann.com - freespeech.org - and RT.com. You can also watch tonight's show on Hulu - at Hulu.com/THE BIG PICTURE and over at The Big Picture YouTube page. And - be sure to check us out on Facebook and Twitter!
TagsKansas Sam Brownback Reaganomics RT America Big Picture Thom Hartmann RT