Did Republicans deliberately crash the US economy?
- Thread starter signalmankenneth
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Why has job creation in America slowed to a crawl?
Why, after several months of economic hope, are things suddenly turning sour?
Republicans are so intent on defeating President Obama that they are purposely sabotaging the country's economic recovery.
The most obvious piece of evidence of GOP premeditated malice is the 2010 quote from Senate minority leader, Mitch McConnell:
Such words lead some to the conclusion that Republicans will do anything, including short-circuiting the economy, in order to hurt Obama politically.
"The single most important thing we want to achieve is for President Obama to be a one-term president."
Considering that presidents – and rarely opposition parties – are held electorally responsible for economic calamity, it's not a bad political strategy.
Beyond McConnell's words, though, there is circumstantial evidence to make the case.
Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year.
Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts.
Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague.
http://www.guardian.co.uk/commentisfree/2012/jun/09/did-republicans-deliberately-crash-us-economy
They’ll get their comeuppance when the automatic spending cuts - which they devised - take effect. Then you’ll see some serious backpedaling! Debt is not the problem. Commerce is based on credit; which is the very life’s blood of the economy. It’s nothing new - deficit spending has been done throughout our history. The question is: What to do about it? Precipitating a default on the national debt by Congress failing to act is not a solution. If they want to hold the economy hostage, they better be prepared to pay the political price.
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Aren't they already trying to exempt defense spending from the cuts?
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It's time to add an asterisk to the Republican tenet that excessive government spending and debt are bad for growth and jobs.
Unless it's government money for the military, the asterisk would say.
http://www.huffingtonpost.com/2012/06/06/military-spending-cuts-republicans_n_1573779.html
Sorry but the price may well be more than just political.
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Have the Republicans paid a price yet?
Only on an individual basis, but for those whose stock in trade is dishonesty, what loss could lack of loyalty represent?
This is the plan.....
http://en.wikipedia.org/wiki/Cloward–Piven_strategy
Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands.
Its been the plan for decades and its already well established and could be on the verge of success.....one need only look at the debt we can't pay now and how the
Democrats insist we raise the debt limit every year....
they've been in power for almost 4 years and haven't even passed ONE budget in that time......
Obama has proposed 2 budgets that didn't even get the support of ONE vote from his own party......
http://en.wikipedia.org/wiki/Cloward–Piven_strategy
Obama is following the plan of Cloward & Piven, two professors at Columbia University. They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands.
Its been the plan for decades and its already well established and could be on the verge of success.....one need only look at the debt we can't pay now and how the
Democrats insist we raise the debt limit every year....
they've been in power for almost 4 years and haven't even passed ONE budget in that time......
Obama has proposed 2 budgets that didn't even get the support of ONE vote from his own party......