Loud Mouth Jackass

But you already knew that about Bill O’Reilly. But did you know that he’s ignorant too, as SadlyNo! makes clear:

Bill “Shut Up!” O’Reilly displays his keen understanding of the economy in the latest edition of the Talking Points Memo:

The conservative take is a supply side system, whereby consumers spend and jobs are created by the private sector, which profits from the spending, obviously.

Jeebus Bill, what you described is obviously, demand-driven economic growth.

Keynes? Laffer? What’s the difference?


P.S. SadlyNo!’s post on Reagan is also a must-read for those who are unsure whether Reagan’s face should replace FDR’s on the dime.