I too am astounded by idiocy, hypocrisy, and failure to lead. But it is not Obama’s. It is yours, the republicans. You first blame Obama for not creating jobs. Your solution to the job issue is to let millionaires and billionaires “produce.” This, you say, would be hindered if millionaires were taxed like the rest of us. Obama didn’t cancel the Bush tax cuts, so the millionaires aren’t hindered. Where are the jobs, then? Tax cuts only make the rich richer; the money is not reinvested into the economy. I’m surprised that conservatives still believe in supply side economics. We all know they worked so terribly well for Reagan.
I like how, after eight years of Bush tax cuts and war spending, the deficit has suddenly become a crucial issue to Republicans. If it bothers them so much, why didn’t they reign in spending under Bush? Why wasn’t it an issue before? RepublIcans are the ones punting blame around, as it appears to be their only strategy for big gains in 2012.
Lack of leadership isn’t why we’re in this mess. It’s lack of cooperation. We have a government predicated in division of powers, defended against the tyranny majority with constitutional protections. Republicans use their stake in government to prevent Democrats from making gains (because they’d rather the country fail than have a Democratic president succeed) and refuse to compromise on any issue.
That’s is why we are stymied as a nation.
And by the way, not a single president has acknowledged the WPA as a constitutional bill since it was passed.

   Reply

1. Fact: The top 5 percent pay more than half of all income taxes.

2. Fact: Tax cuts give American’s more money to reinvest into the economy. When consumer spending makes up 70% of all economic growth, that’s very important. It also results in Americans investing money into businesses, starting them and supporting others.

3. Fact: Ronald Reagan’s economy was a model for excellence. He was faced with a much more difficult economy than Obama was presented with and the record speaks for itself:

“President Ronald Reagan’s record includes sweeping economic reforms and deep across-the-board tax cuts, market deregulation, and sound monetary policies to contain inflation. His policies resulted in the largest peacetime economic boom in American history and nearly 35 million more jobs.”

You should read the report I just read to you because it takes on your false assumptions about the Bush tax cuts and the Reagan economy:

“After President George W. Bush sent Congress an outline of his tax reform plan on February 8, some critics immediately began to attack it as a return to what they portray as the fiscally irresponsible policies of the Reagan Administration. According to these commentators, Congress should scale back–if not outright reject–President Bush’s tax reform proposals because they are based on a period when the wealthy received excessive tax cuts and revenue was wasted on defense even though most Americans struggled in poverty. This is a revisionist view of recent history that ignores reality and denies the fact that President Reagan’s sound policies and determination deserve much of the credit for the current economic picture. Congress should embrace President Bush’s tax reform plan as a responsible return to the most successful economic policy of the 20th century.”

4. Fact: The economic crisis was the sole responsibility of the Community Reinvestment Act, which was created under the Carter Administration and beefed up under Clinton. It essentially demanded that banks give money based on racial lines, not on who had the best credit. This of course, is terribly stupid fiscal policy.

5. Fact: You are purporting the same, tired, populist, and leftist talking points that the Obama Administration has been peddling since his campaign for President. If you want to fix the economy first take some responsibility for the actions of this failure of a president. If Republicans are to blame then why couldn’t Obama get things done when he had control of both houses of Congress? How were the Republicans responsible when they had no power to override a veto, no power to filibuster, and no coalition to pass any sort of meaningful legislation?

And for the record, you’re right about one thing. I do want Barack Obama to fail. He represents redistribution of wealth, socialism, failed economic policies, and a destructive liberal agenda that has crippled our nation. I want our country to succeed but the only way for that to happen is for Obama and his misguided policies to fail and be taken off the table so we can get back to the free market capitalism that made this country great.

Thanks for reading and commenting, have a nice day.

   Reply