Modern Republican Party closer to Peron than Adam Smith

Whiskey Bar -- Why is DeLay supporting the new Medicare Drug benefit?

The doctrine of supply side infallability -- cut taxes and revenues will always grow -- is one of the crucial fictions that allows conservatives to indulge their inner statist. It allows them to reconcile ideological conviction (if we're cutting taxes, we must be against big government) and political necessity (interest group coalitions can't live by tax cuts alone.)

In the process, however, the Republicans are digging themselves into a deeper and deeper hole -- making progressively more extravagant promises to a widening circle of interest groups, in hopes it will help them secure their majority in a country still split relatively evenly between the two parties.

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