This is exactly right.

Friday, July 9th, 2010 @ 8:21 pm | Politics

Obama frames the 2010 election as “Those who caused the problem vs. those trying to fix the problem.” I’d say, “Do you really want to hand the wheel back to the drunks?” but it’s the same idea. Obama and the Democrats came into office with a massive sweep, and the only Republican response was to double and triple down, take use of what they had, the 40 lock-step goons who call themselves Senators, and abuse it like heroin. Obstruction without construction. Scream in fear at simple, common-sense ideas and many smart ones, babble about Hitler and fascism, and completely step out of the process of fixing anything.

The GOP reign of the 00’s was a disaster for this country. Taxes were lowered, deregulation was the order of the day, but business collapsed and needed a taxpayer bailout. The entire economic philosophy of the right was laid bare, fundamentally condemned by harsh reality.

The new meme is “Obama is anti-business.” As Paul Krugman deftly lays bare, this is simply usual for business. They’ve made out handsomely the past two years, but their always against taxes that shave a few millions off their bonuses, and they’re always against regulations. Curiously, they’re always for a bailout too.

After all, they aren’t hurting after the largest economic collapse since the Depression. Everything went awesomely for the country’s richest, so why change anything? Republicans can try running for office on the promise that they’ll give us MORE deregulation and MORE tax cuts for the wealthiest, but not too many people can really be fooled by that, because it’s so obviously more of the same. More of what ruined us.

The election is a no-brainer. The GOP has already hamstrung the Democrats too often, resulting in a stimulus too weak to juice the economy as much as the experts who saw this coming predicted was necessary, a health care plan that won’t be able to save taxpayers over a hundred billion with a public option, and slow growth on the green economy. Infrastructure is still crumbling. Teachers, cops, and firefighters are facing budget cuts. Libraries are open less. People for whom no job even exists are told they’re lazy and lose unemployment benefits. Forget welfare to work, it’s just no welfare and no work.

Great vision, Republicans.

Really, we’re going to hand the drunks the keys again?

Really?

-hw

8 Responses to “This is exactly right.”

  1. group2012 Says:

    While I will concede the Republicans are doing little in terms of offering alternatives to fixing the nation’s economy, only an idiot would still belive in what Obama has and continues to offer…. Higher taxes and increasing debt.

  2. Henry Whistler Says:

    Which further illustrates how broken Republicans are. Bush tax cuts are responsible for a large share of our deficit troubles. Keeping them in place only adds to our debt.

    Not to mention, the Bush tax cuts didn’t exactly do wonders for our economy. Taxes on the rich went down, and all we got for it was a housing bubble that blew up in our face.

    As you demonstrate, we need to keep the drunks away from the car.

  3. group2012 Says:

    Are all of you who *contribute* to the Iowa Liberal deaf, dumb, and blind?

    Seriously…. The above is complete b.s. The Bush tax cuts were across the board and increased spending is what adds to the deficit, with Obama taking such spending to unprecendented new levels. The housing bubble, both parties are to blame.

  4. Henry Whistler Says:

    “…increased spending is what adds to the deficit…”

    And decreased revenue. The tax cuts have added approx $1.8 trillion to the deficit.

    http://www.cbpp.org/cms/index.cfm?fa=view&id=3036

    You can go read for yourself. What’s the biggest contributor to our deficit spending? Bush tax cuts.

    What’s another? The Bush wars, although I will concede that Obama now owns Afghanistan and is responsible for continued spending there.

    I mean, those are facts. You can call them b.s., but that won’t make it so.

    As for the housing bubble and “both parties,” yep, Bill Clinton signed onto Republican deregulation philosophies and signed the Republican bill opening the gates for business to be “free.” Guess what they did with their freedom? Play hot potato with the risk until it ended up in the hands of taxpayers.

    Who’s fighting re-regulation?

    Republicans.

    You can’t squirm out of this. Anybody voting Republican this fall is just getting back together with that abusive ex who ruined their life.

  5. group2012 Says:

    You can’t be honest with yourself and you expect your reading audience to believe what you write?

    And no, decreased revenue means you should stop spending, it does NOT add to the deficit, only continuing to spend money you don’t have does you boob.

    Do you print money for your checkbook?

    NO, no you don’t.

    Both parties are to blame for our current predicament, but Obama hasn’t even begun to take the issue seriously, making Bush era spending look like chump change.

    Perhaps you missed the news on what Democrat Erskine Bowles had to say on government spending and national debt.

    The nation’s total federal debt next year is expected to exceed $14 trillion – about $47,000 for every U.S. resident.

    “This debt is like a cancer,” Bowles said in a sober presentation to the country’s governors. “It is truly going to destroy the country from within.”

    For years Chris Dodd and Barney Frank told us NOTHING was wrong with Fannie Mae and Freddie Mac, we now know that to be a load of bull.

    “The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see. I think we see entities that are fundamentally sound financially and withstand some of the disastrous scenarios.” ~ Barney Frank, House Hearing 2003 – a hearing urged by the White House regarding a need for Fannie Mae reform.

    I don’t need to squirm, I have the truth on my side.

    Your turn slug.

  6. Henry Whistler Says:

    Uh, if you don’t believe what I say, you are free to actually click on the link I provided. But I guess it’s just easier to call me a liar and then go on a scattershot diatribe of loosely connected pre-fab rightwing talking points.

    Here’s something else for you to ignore:
    http://www.taxfoundation.org/blog/show/26474.html

    Pres. Obama has already done more to reduce in magnitude the long-term budget problems for the U.S. than the previous administration, who undoubtedly made the problem worse. That’s true despite the amount added to the deficit from the stimulus bill and the costly coverage provisions in the health care bill.

  7. group2012 Says:

    “Pres. Obama has already done more to reduce in magnatude the long-term budget problems…….”

    That’s almost funny if it weren’t so sad!

    Bush era spending vs. Obama era
    The graph tells it all, don’t buy into any liberal arguments that still try to blame Bush for the financial mess this country is headed for. While both parties can share in some over-spending blame, Obama and the Democrats are taking us into unprecedented and very dangerous waters. From the Congressional Budget Office:

    http://coralvillecourier.typepad.com/community/2010/07/bush-era-spending-vs-obama-era.html

  8. Henry Whistler Says:

    Of course, the CBO says that were Bush’s tax cuts kept in place, those numbers would be $7 trillion higher.

    The graph doesn’t tell us all, of course. Bush’s deficit spending steadily increased over his time until he left us with the $1.3 trillion (or so) deficit that Obama would have had regardless. Obama has had to propose ways to get that yearly budget shortfall back down, and to do so in a sluggish economy that has needed much more stimulation than Republicans have been willing to offer.

    Really, your graph just further illustrates how little you know.