Written by Walter Hecht   

As I watched the debate last night, I realized that Mitt Romney was describing supply side economics as his solution to our continuing slow recovery from the Great Recession. Supply side or trickle down economics was tried in the Reagan administration and in the George W. Bush administration and failed in both cases. George H W Bush described supply side economics as voodoo economics, and he was right.

The GOP has continuing faith in supply side economics. It didn’t work before, but trust us, it will work this time. Faith may move mountains, but it won’t make supply side economics work for the average American. Fool the American public once, fool on you. Fool us twice and fool on us, but it won’t work for a third time.