Yves Smith, filling in for Glenn Greenwald — who is “away” — writes that the “business needs certainty” meme is a pile of hooey. Highly recommended reading.
See also Steve Rattner, “Republican Extremism, Bad Economics.” The Republican nomination process has become a race to the Right into Crazeeland.
Reinforcing Rattner, Ezra writes about “Rick Perry vs…Milton Friedman?” Wingnut economic theory has left the Ayn Rand acolyte Friedman in the dust.
Bruce Bartlett, “It’s the Aggregate Demand, Stupid.” Wingnut economic theory has left Mr. Bartlett in the dust, too.
Steve Benen, “Right Rejects Buffett’s Good Advice.” Of course they do. Because they are too stupid to grasp that if someone like Buffett wants the wealthy to pay higher taxes, he is not just being altruistic. Buffett is arguing for his own self-interest, which is a politically and economically stable United States. Some bleeping idiot on Faux Nooz actually called Warren Buffett a socialist. Un-bee-lee-vah-bull.