As a bonus, he also claims there is a lack of “actual evidence” that tax cuts will stimulate the economy.

FAREED ZAKARIA: Now, here’s my take. I’ve been watching the Republicans on the campaign trail and what strikes me so far is that conservatives in America have gone through a strange transformation. It used to be that conservatism was a hard-headed set of ideas rooted in reality. Unlike the abstract theories of Marxism and socialism, it started not from an imagined society, but from the world as it actually exists. This is the way things work, conservatives would patiently explain to wooly-headed liberal professors. Whatever you may want it to look like, this is what it really looks like.

But consider the debates over the economy these days. The Republican prescription is cut taxes, slash government spending, then things will always bounce back. Now, I would like to see lower tax rates in the context of simplification and reform, but what is the actual evidence that massive tax cuts are the single best path to revive the U.S. economy?

Via Newsbusters