A couple of weeks ago I debunked two of the Right’s more cherished fantasies: the utter failure of low-tax policies and privativation in actual practice, an outcome that doesn’t surprise anybody who hasn’t turned their brain over to conservatives for ritual slaughter and squashing. I’ve been meaning to take on the third for a while now, and today’s WaPo gives me a reasonably good excuse. This may not be the most egregious of instances but it will serve nicely as a classic example of how the corporatocracy works when unrestricted by govt regulation – it takes as much as its fat little fingers can get hold of.
That’s right. I’m talking about the Deregulation Myth. Continue reading