Sunday, March 3, 2013

Eye Recommend --- The Sequester: Poison Pill Politics

THE SEQUESTER: POISON PILL POLITICS, by Charles M. Blow -- http://www.nytimes.com/2013/03/02/opinion/blow-the-sequester-poison-pill-politics.html?_r=0

"Republicans have defined their position, regardless of how reckless: austerity or bust.  However, as economists have warned, austerity generally precedes--and, in fact, can cause--bust.  Just look at Europe.

But Republicans are so dizzy over the deficits and delighted to lick the boots of billionaires that they cannot--or will not--see it.  They are still trying to sell cut-to-grow snake oil:  cut spending and cut taxes, and the economy will grow because rich people will be happy, and when rich people are happy they hire poor people, and then everyone's happy...

...The president said Friday that 'there is a caucus of common sense up on Capitol Hill' that includes Congressional Republicans who 'privately at least' were willing to close loopholes to prevent the sequester.

Those privately reasonable Republicans might want to be more public before their party goes over another cliff and takes the country with them."

If I have to hear one more Republican say we don't need more revenue "it's spending that is the problem", I'm going to scream. Where were they when W's administration was putting billions of dollars on a credit card to fund a purposeless war?  THAT was a spending problem.

1 comment:

  1. I grew up when living in a capitalistic society was a 'good' thing. But these last ten (?) years of watching a Republican controlled House I am seeing the depth of an ugliness that is oft times concealed when out economy is working.
    What I am seeing, now, is a "2nd coming" of the robber barons who ran the railroads, shipping, steel mills, coal industry, oil, and banking, in the mid to late 1800's.

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