Is 'Voodoo Economics' a fitting term for Republican economic theories?

Is 'Voodoo Economics' a fitting term for Republican economic theories?

No common sense is.

Oh, right. Like your policies ever worked. Why don't you tell that to Japan, who spent even more than we did. I'm sure they'll get a laugh.

Sure for those that believe in Voodoo.

See if you believe economics are controlled by magic spells, and curses then by all means call Republican economic theories "voodoo economics".

However being a thinking and logical Conservative Republican I believe economics are controlled by supply and demand.

Even ABM knows letting the Bush tax cuts expire will hurt the economy.

That term was coined by George Bush Sr. referring to Reagan's 'trickle down theory' in the primary, before he became the Vice President in 1980.

Reagan's theory was responsible for a recession 1980-82 and so he abandoned the theory (but not the rhetoric) and began a massive increase in government spending, and a tax cut which boosted the economy but greatly increased the national debt.

Republicans have kept up the tradition of talking Supply side capitalism and practicing Demand side Keynesian stimulus programs and big government deficit spending to this day. It is not so much voodoo as smoke and mirrors.

No, voodoo is a religious cult created by blacks in Haiti. It has nothing to do with economics.

....no but I think the fact that you must rely on 30-year old buzz words if fairly reflective of the political choices you've made....

essentially, yes, Republican economic policies are Vodoo Economics...

4.5% unemployment, 59 straight quarters of growth,

Call it whatever you want, but bring it back fast.

I'll take voodoo economics over Marxism/socialism any day.