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Sweden's Finance Minister Anders Borg is proving that Krugman and all those Keynesian big time stimulous spenders are wrong.  Reagan supply-side economics works every time it's tried.  And Sweden is proving it every day.  Instead of borrowing to stimulate, Borg flattened and cut taxes while gutting unsustainable government welfare spending.  Put the productive resources in the hands of those who are productive, and magic happens.  Capitalism has a home in Sweden, of all places. excerpt: "When Europe's finance ministers meet for a group photo, it's easy to spot the rebel - Anders Borg (pictured above) has a ponytail and earring. What actually marks him out, though, is how he responded to the crash. While most countries in Europe borrowed massively, Borg did not. Since becoming Sweden's finance minister, his mission has been to pare back government. His 'stimulus' was a permanent tax cut. To critics, this was fiscal lunacy. Borg, on the other hand, thought lunacy meant repeating the economics of the 1970s and expecting a different result. Three years on, it's pretty clear who was right. "Look at Spain, Portugal or the UK, whose governments were arguing for large temporary stimulus," he says. "Well, we can see that very little of the stimulus went to the economy. But they are stuck with the debt." Tax-cutting Sweden, by contrast, had the fastest growth in Europe last year, when it also celebrated the abolition of its deficit. The recovery started just in time for the 2010 Swedish election, in which the Conservatives were re-elected for the first time in history.

Reagan's exact words in pushing his "tax fairness" plan in that speech: "Just a few moments ago, I told some people inside the building here of a letter that I just received the day before yesterday. It's a letter from a man out here in the country, an executive who's earning in six figures -- well above $100,000 a year. He wrote me in support of the tax plan because he said, 'I am legally able to take advantage of the present tax code -- nothing dishonest, doing what the law prescribes -- and wind up paying a smaller salary than my secretary gets -- or I mean, paying a smaller -- I'm sorry, *paying a smaller tax than my secretary pays.'* And he wrote me the letter to tell me he'd like to come to Washington and testify before Congress as to how that's possible for him to do and why it is wrong. So, this is the kind of spirit that is going on throughout the country." http://www.reagan.utexas.edu/archives/speeches/1985/62885b.htm Read the whole speech. Reagan was pushing the Buffet rule long before Buffet did. What's said on Reagan's bio page is accurate. And Reagan signed the Tax Equity and Fiscal Responsibility Act of 1982, the largest peacetime tax increase in U.S. history. Reagan was no saint, just another big-spending politician willing to bend with the political winds. He did far more talking about supply-side economics than he did even attempting to implement the concept. Just more politician hot air. I'm going to vote for Ron Paul even if I have to write in his name on the ballot. I don't truck with the anti-Obama propaganda. That's just playing into Romney's hands. But Romney is just the flip side of the same coin Obama's on, two corporatist- bankster sycophants eager to run this nation into the ground to keep waging expensive foreign wars for the military-industrial types. Trading Obama for Romney leaves us neither better nor worse off. Two peas in the same pod. Better to send a message than to become a co-conspirator by voting for either Obama or Rom