indeed.
the seriousness of republican economics died when, following bush's economic collapse and the federal reserve's liquidity expansion, they predicted the risk of hyperinflation instead of deflation. that's to say, they could only see the new money; they couldn't understand the economic environment into which it was being poured.
the right wing prediction model was a complete failure. and even then, they didn't change their theory of how things work.
fortunately for the party, a large number of their voters didn't notice. or they just imagine the numbers were fixed. it cannot be that the theory was wrong.
it's clearly hopeless.
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