Hire the Heritage Foundation to make up numbers about what might, nae, WILL happen once tax cuts are extended into infinity and you know what House Republicans get? The Best Economy Ever!* And a budget with a title straight out of an Ayn Rand fan's wet dream.**
*According to projections. Reading actual theory helps. You know what I mean? Going to the source and reading that rather than reading the utter nonsense politicians, their researchers, Reason, propagandists, and their fans tell you about the sources. --Now I'm scolding. My wife calls me a nag, but I promise I mean well. Anyway, ever play Telephone? The lesson is Always go to The Source.
When we read the sources, study the theory and its history, we need not be geniuses to recognize that American libertarian economic theory is not much more than a grandiose expression of a capitalist wish. It's nothing based in reality and history, as in a scientific study of the market, like Marx's scientific study of Capital in his three volume classic of the same name.
Americans, borrowing from the Austrian School of We Don't Like Socialism, confuse ideological representations of How We Should Think About Markets & The Way Markets Function with The Market Itself & The Way It Works. Republican hired "theorists" are ideologues and propagandists; they are more accurately researchers. They take the idealism in American cultural notions about individuals and liberty and apply it to basic supply-side economic theory and rather complex utopian bullshit from guys like Hayek. (See the Laffer Curve for a legendary example of a "thought experiment" gone wrong.)
Democrats aren't much better. Of course, Democrats aren't attempting to give our wealth and resources to the wealthiest while cutting every social welfare program in health and education. Republicans are batshit crazy and their far right "libertarian" friends are even nuttier. (See, The Pauls.)
**Objectivists actually disagree with Libertarianism for some important reasons that I can care less about because they are both full of crap, but that always seems to get lost in popular culture and its representation of white people's fantasies of world domination.
Your Homework: Where does much of the conservative mindset about Our Destiny come from? It's rather complex. Nevertheless, Kant did a good job of distilling a conservatives vision of Man & His Destiny. We all know how the story goes. Read how it was written. Kant's not the first to attempt to describe this vision of our destiny, but his argument about an Idea for a Universal History from a Cosmopolitan Point of View is one of the most concise and easy to read.
The goal is to try to understand, to see, how we look at what Kant does in this study differently than what the Republican researchers and their libertarian friends have been trying to do for the last 40 years. Why are we willing to look at the philosopher's work as something worth criticizing, revising, working on, changing, interpreting, and so on, yet willing to take something like the Heritage Foundation's weak and tweaked research as fact? We can take it further: What is it about philosophical study and research that we find worth debunking as fiction and political propaganda worth supporting as fact?