Our Democratic friends have been averting their eyes from the success of supply-side economics for a generation. They weren’t going to admit its reality until reality hit them upside the head.

By Christopher Chantrill at American Thinker

EXCERPTS:

It’s not easy to admit it, but in 2008 we needed the Democrats to run the national security apparatus for four years. Americans needed Democrats to confront reality on the war on terror. It’s one thing to yell lefty slogans from the sidelines. It’s another thing to formulate and execute national security policy from inside the federal government. Whatever it cost, we Americans had to put Democrats in power and let reality knock them upside the head.

After two years, the whole Democratic critique of Bush’s foreign policy lies in ruins. Thanks Obama — we needed that.

But Obama’s real gift is an unforced error: the utter shambles of his economic policy. Who could have predicted that Obama would utterly ignore the great lessons of Reaganomics: hard money, spending cuts, low tax rates?

In retrospect, it is all obvious. Our Democratic friends have been averting their eyes from the success of supply-side economics for a generation. They weren’t going to admit its reality until reality hit them upside the head.

Reality hasn’t done that yet. It will take a Republican president, a Republican Senate, a Republican House, repeal of ObamaCare, and a few books touting “The Permanent Republican Majority” to do that.

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