Red-state teacher rebellion hits Oklahoma, grows in Arizona

[Southern Senator North Carolina Yankee]

Supply side economics most certainly does not work in commodity based economics.

Reaganomics ironically is an amalgamation of the commodity producing areas desire for regulatory relief and the suburbs demand for an end to stagflation. But the latter does not work in the former area, because the global fluctuations in the price of oil are eratic and state tax policy has little impact. It is the most blatant example of trying to push on a string.

States should try to balance tax levels with maximum sales of the commodity so as to maximize revenue for the sole purpose of diversifying said economies by investing in infrastructure, education and the like.