Punkonomics (@DearBalak)

Hint: it’s all about Aggregate Demand
The thing with macroeconomics is that the different ideological perspectives apply differently in different economic environmnets. Supply-side (Reagonomics) has valid arguments in the context of a booming economy like limits on taxation and fiscal conservatism. But in the current US economy, it simply makes no sense and becomes class-warfare against the poor and middle class! Of course Obama IS a Reagan-Conservative when it comes to economic policy, and the “fiscal cliff” BS is theatrics hiding an argument about the details of how to economically rape us >:/