Let's start at the top.
• Tax cuts and deregulation have "never worked" to grow the economy. There's so much evidence to disprove this claim, it's hard to know where to start. But let's begin with the fact that countries with greater economic freedom — lower taxes, less government, sound money, free trade — consistently produce greater overall prosperity.
But of course, actually producing that evidence doesn't matter.
Here at home, President Reagan's program of lower taxes and deregulation led to an historic two-decade economic boom. Plus, states with lower taxes and less regulation do better than those that follow Obama's prescription.
"Do better" how? What's you're measure for that?
Obama also claimed the economic booms in the '50s and '60s somehow support his argument. This is utter nonsense. Taxes at the time averaged just 17% of the economy. And there was no Medicare, no Medicaid, no Departments of Transportation, Energy or Education, and no EPA. Had Obama been around then, he would have decried it all as un-American.
The 50's and 60's also saw far more middle class manufacturing jobs and powerful industrial unions that leveraged America's post-war manufacturing capacity into a burgeoning middle class, as well as a growing civil rights movement to share the fruits of that middle class with all Americans. Perhaps that had some effect as well as these "awful" programs listed here that Americans just hate.
(More fisking below the fold.)