Last week the country’s most egocentric person shown just how much he thinks he is far superior to others…………..when he stated……

“I helped Ronald Reagan and Jack Kemp develop supply side economics.”

His small attempt to show that he is the man with the big ideas and the forward thinking process……all this may be just the attempt to be more important than he really is or he could very well believe that he is all that…..but the truth is he is delusional….

Supply Side Economics is a school of macroeconomic thought that argues that economic growth can be most effectively created by lowering barriers for people to produce (supply) goods and services, such as lowering income tax and capital gains rates, and by allowing greater flexibility by reducing regulation. According to supply-side economics, consumers will then benefit from a greater supply of goods and services at lower prices. Typical policy recommendations of supply-side economics are lower marginal tax rates and less regulation.

The intellectual roots of supply-side economics have also been traced back to various early economic thinkers, such as Ibn Khaldun, Jonathan Swift, David Hume, Adam Smith, and Alexander Hamilton……….the term “supply side” (“supply-side fiscalists”) was first used by Herbert Stein, a former economic adviser to President Nixon, in 1976, and only later that year was this term repeated by Jude Wanniski. Its use connotes the ideas of economists Robert Mundell and Arthur Laffer.

Okay, that is enough….with that short intro to supply side economics did anyone see the names of Ronald Reagan or Jack Kemp or the professed father of supply side, Gingrich mentioned?

Once again we see that the Newt-ster has an over-rated sense of accomplishment……surely the GOP can find someone other than this bloated wind bag to support…..if not, then the Party is truly in a sad state of disarray…….

Now I see why witches use Newt parts in their incantations…..apparently it is the only way to shut one the Hell up!