“Even Reagan, a supply-sider persuaded by Arthur Laffer’s pretty curves that tax cuts would pay for themselves, raised taxes when they did not. Today’s Republicans show no such flexibility.”
“Now the Republicans are using the spectre of a debt default to impose their own radical vision of how to reform America, before having won control of the Senate, the White House or even, many will say, the argument.”
Typical left-wing media propaganda. But what else do you expect from The Economist?