The Republican Revolution is De-evolution

De-evolution, or backward evolution, is a term in biology that describes the fact that a species can change from a more complex form into a more primitive form over time. So noted. Now on to the commentary below:

COW DeEvolution

America used to have smart, effective Republicans, but alas, not recently, and not in the lifetimes of younger voters. In line with this de-evolution of Republicans, consider Paul Krugman’s take down of what he labels the Charlatan Caucus, a group of supply-side voodoo economists that Scott Walker had to court this week: (brackets by the Wrongologist)

On Wednesday…[Walker] did what, these days, any ambitious Republican must, and pledged allegiance to charlatans and cranks.

Krugman reminded us that the phrase, “charlatans and cranks” was originally coined by Republican economist Gregory Mankiew, who served as George W. Bush’s chief economic adviser. Krugman is speaking about Gov. Scott Walker’s appearance at a New York dinner featuring supply-siders’ Arthur Laffer (of the Laffer curve), CNBC’s Larry Kudlow, and Stephen Moore, chief economist of the Heritage Foundation. More from Krugman: (emphasis by the Wrongologist)

Bowing obeisance before the high priests of bunk – like questioning climate change, evolution, and the current president’s American bona fides – has become a “right” of passage for Republican presidential contenders. Clearly, to be a Republican contender, you have to court the powerful charlatan caucus.

In Krugman’s view, with these economists, reality always takes a holiday. Ideology takes precedence. He cites:

• Mr. Moore published a 2004 book titled “Bullish on Bush,” asserting that the Bush agenda was creating a permanently stronger economy.
• Mr. Kudlow sneered at the “bubbleheads” who asserted that inflated home prices were due for a crash.
• Mr. Laffer wrote in the WSJ in 2009, “Get ready for inflation and higher interest rates”. What followed were the lowest inflation in two generations and the lowest interest rates in history.
• Mr. Moore publishes articles with lots of bad numbers. According to Krugman, Moore’s numbers are consistently wrong; they’re for the wrong years, or just plain not what the original sources say. And not surprisingly, his errors always make the case he wants.

But the supply-side economists charlatans continue to have a big influence on Republican politicians. The NYT also reports that the University of North Carolina’s Republican-appointed Board of Governors is closing several academic centers on its campuses dedicated to studying poverty, climate, and social change. That couldn’t also be about ideology, could it? More from The Times:

It’s clearly not about cost-saving; it’s about political philosophy and the right-wing takeover of North Carolina state government…said Chris Fitzsimon, director of NC Policy Watch, a liberal group…And this is one of the biggest remaining pieces that they’re trying to exert their control over.

OK, 29 of the 32 university board members were appointed by the Republican Legislature since 2010, but that doesn’t make the decision about politics?

It’s similar to Scott Walker’s Wisconsin, where our friend of education is cutting the University of Wisconsin’s budget by $300 million. Mr. Walker saw Mr. Laffer’s curve, and bought it. It hasn’t worked out so well for him, since he now has to refinance a $108 million debt payment, increasing the state’s borrowing costs by $19 million over the next two years. The re-fi is a result of Walker’s $600 million tax cut in 2014, which will ultimately lead to a $648 million deficit over the next two years. But, in the big Republican wet dream, he will be president by then, and blame his successor for Wisconsin’s fiscal debacle.

And there is Gov. Sam Brownback (R-KS), whose aggressive tax cuts were heartily cheered on by Republican economists, but which have driven his state into a deep fiscal crisis. North Carolina’s Republican Gov. Pat McCrory has also tasted the charlatan Kool-Aid, but isn’t quite there yet, although he’s working on it.

Back to Krugman. He concludes:

So what does it say about the current state of the GOP that discussion of economic policy is now monopolized by people who have been wrong about everything, have learned nothing from the experience, and can’t even get their numbers straight?

Current-day Republicans seem to have abandoned the idea that there is an objective reality. What are you going to believe, Right-Wing doctrine, or your lying eyes? These days, Right Wing doctrine wins.

In America, there has been a steady drumbeat by conservatives against education. Conservatives really believe in education…but only if it’s the privatized, de-evolved kind.

You can’t have a bunch of people looking too closely at facts, because as is well-known, reality has a liberal bias.

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Terry McKenna

A few weeks ago I heard Arthur Laffer on a radio interview. He was asked about the situation in Kansas. His smug answer was (in essence) that the benefit of his ideas might take a decade to see. Easy to say – and appropriate for a person whose economics are a blackboard exercise that has no usefulness except to justify the further enrichment of the well to do over average folks.