{"id":34867,"date":"2010-03-11T01:01:01","date_gmt":"2011-05-19T01:15:29","guid":{"rendered":""},"modified":"2011-05-19T01:15:29","modified_gmt":"2011-05-19T01:15:29","slug":"nbc_s_rehema_ellis_accidentally_explains_supply_side_economics","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/03\/11\/nbc_s_rehema_ellis_accidentally_explains_supply_side_economics\/","title":{"rendered":"NBC\u2019s Rehema Ellis Accidentally Explains Supply-Side Economics"},"content":{"rendered":"<section>\n<p>RUSH: An NBC reporter actually stumbled upon an economic truth. It was an accident. It wasn\u2019t intentional, but still the NBC reporter got it right. Andrea Mitchell was talking to the correspondent Rehema Ellis about schools closing in Kansas City and elsewhere because of budget shortfalls, and Andrea Mitchell, NBC News, Washington, said, &#8216;This is not just Kansas City. This is the most drastic case we\u2019ve seen so far, but this is a ripple effect we\u2019re seeing from the recession. What is going to happen to the students there and elsewhere across the country?\u2019<\/p>\n<p>ELLIS: It\u2019s simple, too, Andrea, you know, we hear a lot of people complain about the excesses of Wall Street here in New York and people getting big bonuses. But when they get those bonuses, that money then is taxed. That tax goes into state coffers. Those states then are able to give money to the schools. When it\u2019s not there, guess what? That means the money\u2019s not there for the schools and education, so that ripple effect comes down and it\u2019s starting to hit a lot of people at home and it\u2019s starting to hit our kids in the schools.<\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125112.Par.89380.ImageFile.jpg\" width=\"300\" height=\"214\" class=\"alignright\"\/>RUSH: Now, this infobabe Rehema Ellis is going to be embarrassed when I point out that she\u2019s justifying Ronald Reagan trickle-down economics. She\u2019s just defined supply-side economics. Well, you know, we hear a lot of people complaining about the excesses of Wall Street here in New York and people getting big bonuses, but when they get those bonuses that money\u2019s taxed. And that tax goes into state coffers. We love that, Andrea, we love people\u2019s tax money going to state coffers but they have to earn the money first, Andrea, and if they\u2019re not earning the money then there\u2019s no tax, and we love tax, and we love the state coffers but if there\u2019s no money being earned there\u2019s no taxes, no money in the state coffers, so those states then are not able to give money to the schools. And when it\u2019s not there, guess what? That money is not there for the schools. Meaning, the more you tax people, the less they\u2019re going to have, and unemployment, no jobs, no state tax revenue. So Rehema Ellis of NBC probably will be assigned with ChiCom journalists who are being sent into retraining sessions to learn Marxist news reporting techniques because this babe explained Reaganomics here pretty well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: An NBC reporter actually stumbled upon an economic truth. It was an accident. It wasn\u2019t intentional, but still the NBC reporter got it right. Andrea Mitchell was talking to the correspondent Rehema Ellis about schools closing in Kansas City and elsewhere because of budget shortfalls, and Andrea Mitchell, NBC News, Washington, said, &#8216;This is [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NBC&#039;s Rehema Ellis Accidentally Explains Supply-Side Economics - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2010\/03\/11\/nbc_s_rehema_ellis_accidentally_explains_supply_side_economics\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"NBC&#039;s Rehema Ellis Accidentally Explains Supply-Side Economics - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: An NBC reporter actually stumbled upon an economic truth. It was an accident. It wasn\u2019t intentional, but still the NBC reporter got it right. 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