Thomas Frank: The GOP Peddles Economic Snake Oil

Suddenly Republicans are against market values?

OK, let me get this straight: The central axiom of conservative Republicanism is that government is inherently corrupt and can't do anything right.

Over many years of ascendancy, conservative Republicans have filled government agencies with conservative Republicans and proceeded to enact the conservative Republican policy wish list -- tax cuts, deregulation, privatization, outsourcing federal work, and so on.

And as a consequence of these policies our conservative Republican government has bungled most of the big tasks that have fallen to it. The rescue and recovery of the Gulf Coast was a disaster. The reconstruction of Iraq was a disaster. The regulatory agencies became so dumb they didn't even see the disasters they were set up to prevent. And each disaster was attributable to the conservative philosophy of government.