Friday, October 8, 2010

GOP: Killing Recovery

Filed under: Economy | FrontPage — by Will Kirkland @ 5:44 am
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Krugman lays out the case against Republican slashers.

- Posted using BlogPress from my iPhone

1 Comment »

  1. tadcf:

    Important Announcement: We Need You

    Today, this country is faced with the typical problem of the political party in charge losing its voting strength in the mid-term election. This situation has occurred with some regularity in recent U.S. history. But, this election is different. We’ve witnessed the worst recession (some say depression) since the 30′s and 40′s. And, of course, severe unemployment and economic despair may cause many citizens to think that the Administration should take a different tact. However, it’s a matter of whether President Obama is going to have a Congressional team to allow him to continue with the recovery, or whether we elect more Republicans (and in some cases extreme Conservatives) which would radically change the complexion of the Congress, creating a reactionary movement back to the situation we were in before Barak Obama became President.

    Many say, “What has he done for us?” Or, “Shouldn’t he do more, or at least something different?” There may be various answers to these questions in our electorate, but many over-look what President Obama and the a friendly House of Representatives, despite a filibuster-crazy Senate, has accomplished anyway:

    Decrease in national debt by 8% .
    http://www.cbsnews.com/stories/2010/04/13/politics/washingtonpost/main6391441.shtml
    This has been accompanied a stabilization of the Dow Jones Average at above 10,000.

    Created a health care program—although flawed, some may say—which will provide protection for an estimated 45 million people without insurance, or under-insured. Sure, health care may not be an important issue to the 80% of Americans already covered, but what about those who have no
    such protection? How many people would otherwise die?.

    Although unemployment is still unacceptably high, the Obama administration has halted this
    increase which was occurring when President Obama took office. We are at a pinnacle like has
    never occurred in our recent experience. It is no longer necessary just to create industries
    —industries that can just outsource jobs overseas—we need to create industries which will keep
    jobs in this country, and cannot be shipped overseas. Do you really think the Republicans can do
    this? They don’t even know that this is the goal. The old way just doesn’t work any more.

    His administration reformed the rules of the Wall Street financial industries. Many say, “Not
    enough”, and I agree. But at least the Congress got something positive accomplished amidst
    Republican objection. Can you imagine how little would have been accomplished if the
    Republicans had been in charge? Nothing.

    To view a list of 100 of Obama accomplishments in his first year of Presidency, see
    http://simplifythepositive.blogspot.com/2010/03/100-accomplishments-of-president-barack.html .

    A vote for the Republican Party this November means a vote for the 25% far-fight, radical element, which is embraced by the Conservative (Republican) Party. Why, that’s about the same percentage of people in the U.S. who believe the solar system revolves around the Earth—and probably includes much of the same people. Let’s look at what else these people believe—as represented by some of their most vocal representatives—before considering turning our government over to them:

    Not only are Conservatives supporting the Bush tax cuts for the middle class, but only is it
    includes a tax cut for the upper class—who really need it. In January, the Bush tax cuts are set to
    expire. The Democrats support reinstating them for the middle class, but not the upper class. By
    allowing these tax cuts for millionaires and billionaires, the Republicans deny the government
    almost a trillion dollars in revenue, based on the assumption that these people will put it back into
    the economy through investment. But who say this will happen? If it doesn’t, this country stands
    to increase the deficit by $700 billion dollars..
    http://news.yahoo.com/s/ynews_excl/20100913/pl_ynews_excl/ynews_excl_pl3604
    What a gamble, based on a theory. I say ‘a bird in the hand is worth two in the bush’–no pun
    intended.

    Some of the most radical members have seemed to suggest ‘gun play’ in the event they don’t win. Others suggest ending social programs, like medicare and social security, because they’re too
    expensive, while profiting from these very programs all these years. Or, that science is creating
    mice with fully developed human brains. And now some anti-abortionists are even suggesting
    citizenship for zygotes. Do we really want persons like this representing the American people?.

    What do conservatives have to offer about improving the economy? All they can talk about is
    complaining about ‘tax and spend’ Democrats—on balance, will they take a page from the
    George Bush play book, and become ‘borrow and spend’ Republicans instead, or just continue to
    talk? Is the new Republican Plan (recently released) and different from what we’ve been doing
    for the past year under Bush?. While the conservatives were in power, during the past 10 years,
    America’s middle class income has been reduced by 5%!
    http://www.menafn.com/qn_news_story.asp?storyid={01647C10-C1BB-11DF
    -BA89-00212804637C}

    Many of the right-wing have exhibited statements suggesting religious, ethnic, and
    gender intolerance—currently directed toward the Muslim and GLBT community. Essentially,
    they simply don’t believe in freedom for all people—to them freedoms are bestowed upon whom
    they prefer to pick and choose. We have seen this in our history with the KKK, and
    anti-Semitism, and prejudice toward many other immigrant groups. And we’ve seen it more
    recently with the emergence of ‘the Birthers’ and a wealth of photos depicting President Obama
    as a witch doctor or pimp—next thing you know they’ll be saying he’s a space alien. Do you
    really want these kind of sentiments having an influence on government?

    Conservatives are constantly calling attention to the high unemployment rate. But they forget
    to remind you that during the Reagan administration, the unemployment rate went to 9.7-9.8%
    and remained there for two years—and that was a mild recession compared to this near
    depression.
    http://www.huffingtonpost.com/paul-abrams/pop-quiz-under-reagan-wha_b_341348.html
    Changing the economy is not an easy job; and the Republicans don’t have the answer by
    regressing back to the practices of the Bush days.

    And Tea Party candidates are just going to be co-oped into the Republican Party as soon as they’re elected—so don’t think they’re going to be anything special. A vote for them is just a good as a vote for the Republicans. It’s them or us! Apathy is not an option!

    Dismantling or privatizing social security, medicare, and veteran’s health care—as Republicans suggest—how well would that have worked, for example, when the bottom fell out of the stock market a couple of years ago? We’ve all got a stake in this dog and pony show!

    If you agree with what I’ve said here, go out and vote Democratic in November. We’re almost certain to lose some seats in congress because of a traditionally low turnout of progressive voters during mid-term elections. So we need Independent and Democratic voters to turn out and vote for progressive candidates to minimize the number of seats lost to reactionary conservatives. We’re especially vulnerable to losing the House of Representatives, where some important bills originate. Don’t let this happen! And vote Democratic for Governor too—where applicable.

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Words for Acts

Of all the enemies of public liberty, war is perhaps the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies. From these proceed debt and taxes. And armies, debts and taxes are the known instruments for bringing the many under the domination of the few...No nation could preserve its freedom in the midst of continual warfare.

James Madison, 1795



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