What our crazy Republicans are upto now?

The GOP is throwing spaghetti against the wall hoping some of their crazy against Obama will stick

Never mind. Supply side economics isn't dead, after all. The real reason that American employers aren't interested in hiring new workers, despite high corporate profits, is the psychologically devastating impact on business confidence delivered by big government deficits.
Or at least, that's the line of argument suggested by some of Salon's readers today.
"You may want to address the biggest issues affecting American companies motivation for re-investing their profits in America," wrote one reader. "These issues are of course out of control spending by the federal government and ever increasing federal debt. The federal government has created an environment of uncertainty that makes investing for the future very difficult."
So -- just cut the deficit, and along will come the confidence fairy, waving her wand to usher in a magical "expansionary fiscal contraction." A little (or a lot) of austerity, and all will be well.
One almost never hears this theory get much airtime when Republican presidents are busting budget surpluses and running up big deficits. Back when George Bush was cutting taxes, there wasn't a peep from the business community or Republican legislators warning about the dire impact that future deficits would have on business confidence. Quite the opposite -- as Dick Cheney so famously said: "deficits don't matter."