Ronald Reagan once said, “It isn’t so much that liberals are ignorant. It’s just that they know so many things that aren’t so.” One of those things, recently, that liberals are increasingly espousing is demand economics. I’m hearing it more and more, from MSNBC liberals: “We have a demand problem, not a spending problem.” Why are liberals wrong about demand-side economics?

In his weekly address today, President Obama laid out what sounded like a very compelling argument for raising taxes. However, he was deliberately misleading about the impact of increasing taxes on small businesses.

Now that the election is done, there has been a bunch of talk about how to fix the “fiscal cliff.” But few people actually know what the fiscal cliff is or how it would affect them.