The “Fast and Furious” witch hunt, supply side economic fallacies, Medicaid expansion, and more. (More)

For this weekend’s reading list, we have articles about how Rep. Issa’s “Fast and Furious” investigation is a witch hunt, supply-side economic theory does not work in reality, the federal government will pick up the costs of health care reform’s Medicaid expansion, the importance of liberals reclaiming our nation’s historical narrative, and the benefits of the earned income tax credit.

The Truth About the Fast and Furious Scandal – a detailed investigation shows that the alleged gun walking that Rep. Darrell Issa is accusing Attorney General Eric Holder of failing to stop never actually occurred. Instead, ATF agents say that the biggest hurdle they face in stopping gun running from Mexico is our nation’s weak gun laws.

Three New Critiques of Arthur Laffer’s Supply-Side Model Show Tax Cuts as Junk Economics – Three new studies showing that income and estate tax reductions do not lead to the economic growth that conservatives claim they will.

Federal Government Will Pick Up Nearly All Costs of Health Care Reform’s Medicaid Expansion – a study showing that the federal government would pick up 93% of the costs of the Medicaid expansion included in the Affordable Care Act. Unfortunately, it is widely believed that after the Supreme Court limited the penalty on states that decline to go along with the Medicaid expansion that a number of states, mostly in the South, will likely decline to expand Medicaid.

Why History Matters to Liberalism – an essay arguing that it is critical to the future of liberalism that we push back against the false conservative claim that our nation was formed almost entirely on ruggedly individualistic values.

Studies Show Earned Income Tax Credit Encourages Work and Success in School and Reduces Poverty – a summary of a series of studies showing significant benefits from the earned income tax credit.

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