Let me get this straight. In 2001 when he left office, President Bill Clinton left President George W. Bush and a Republican Congress budget surpluses as far as the eye could see. Then the GOP racks up huge budget deficits and runs our economy into a ditch with corporate tax loopholes, tax cuts for the richest among us and a war in Iraq waged because of lies about WMD or faulty intelligence — pick your poison. Continue reading
Category Archives: Econonomic Stimulus
Poor Eric Cantor. The House Minority Whip and one of Virginia’s Congressmen just can’t catch a break. Earlier this week, his office produced a YouTube video which described all the reasons he and other House Republicans voted against President Obama’s stimulus plan. The video was set to the tune of Aerosmith’s “Back in the Saddle”. Continue reading
In these video addresses to supporters, President Obama and Gov. Kaine explain the President’s Economic Stimulus Plan and what you can do to ensure its passage.
The New York Observer calls out the Congressional Republicans for what they are: “Upside-Down Stimulus Skeptics.”
Joe Conason writes:
Ignorance and mythology are out-shouting facts and wisdom in public discussion of President Barack Obama’s plan to stimulate the depressed economy. Excessive airtime is devoted to the prejudices of cable hosts and radio personalities who regurgitate the ideas they barely understand and who haven’t entertained an original thought since the Reagan era. Urgent action that could prevent enormous suffering and damage is delayed by all the same old agendas that have dominated Washington for the past three decades.
He goes on to conclude that, “Restoring the American dream means putting a floor under family incomes and reducing the gap between the richest and the poorest, not only for the sake of simple justice but because that is the most reliable economic policy for the nation as a whole.”
Can I get an Amen?