Quote:Some economic theories are really just about belief. You either believe them and no mounting pile of evidence against them will dissuade those who already hold the belief or you simply don't believe them because you've never seen any proof that they are correct. In cases where the tenets have failed it's not the fault of the ideology, it's either the fault of those implementing it not going in hard enough, or outside forces causing problems.

 

Hence how we currently have republicans who are seen as liberal when in fact all ideology in the USA is further to the conservative side now than it's ever been, in spite of the unending failings of those beliefs to improve the socioeconomic situation of the vast majority in the country.