What Shared Sacrifice Means to Conservatives

Depressing stuff from ThinkProgress here about how many states with conservative leaders are now combinging corporate and upper income tax cuts with slashed spending on things like Medicaid and education.  If I keep hearing these folks talk about the need for "shared sacrifice" while the rich get richer I may go on a shooting spree.

I guess the theory is that upper income tax cuts will be so successful in boosting the economy out of the doldrums that we'll create millions of jobs that will totally make up for all these cuts.  And if that really worked, and the Laffer Curve was real, I'd be thrilled with such a cost-free way to make everything better.  Unfortunately, we have to live in the Real World, where tax cuts are good for the rich in the short-term and terrible for everybody else in every term.

Stay tuned though- let's try to track how those states do in the coming years compared to those that rely on more traditional models.