Skip to comments.Republican Extremism, Bad Economics (NY Times Editorial Extreme Barf Alert)
Posted on 08/16/2011 6:03:21 AM PDT by Zakeet
In the middle of all the debt default drama and stock market turbulence, the leading Republican presidential candidates have begun to fill in the shadowy outlines of their positions on major economic issues.
And what a picture it is, a philosophy oriented around shrinking the role of the federal government in every imaginable way, by slashing spending, cutting taxes and halting or rescinding regulations. Their mantra is repeal and retrenchment, devoid of new initiatives or a positive agenda.
Some of these views are to the right even of the Tea Party; they amount to the most radically conservative positions of any set of candidates at least since Barry M. Goldwater in 1964.
Take the agreement to avert a disastrous default by cutting at least $2.1 trillion from the deficit over the next decade. Mitt Romney, Michele Bachmann and Ron Paul all opposed it. Only Jon M. Huntsman Jr. (whose poll numbers perhaps not coincidentally are in the single digits) supported it. In contrast, 58 percent of the members of the Tea Party in the House ultimately cast yes votes.
Not to be outdone, Mrs. Bachmann and Mr. Paul ventured still further, insisting that they would never vote to raise the debt ceiling. That may sound good on the Iowa campaign trail, but it would easily tip the economy into an unending downward spiral.
Then theres cut, cap and balance, ...
(Excerpt) Read more at nytimes.com ...
My family's newspaper is never to be outdone when it comes to spewing insane libtard propaganda ...
>>>>>....devoid of new initiatives or a positive agenda.
they don’t tell the reader where that “positive agenda”
leads the country.
or, maybe even they do not know.
Repeal and retrenchment of policies that are negative is, in fact, a positive agenda.
Folks wanna see what a 'Rat and RINO run utopia looks like, I cordially invite to visit. Since people and jobs are fleeing Upstate, we have plenty of room. And God knows we need the money.
From last year, but NYS is still paying for it.
Note to the nation: Can't say you weren't warned....
Notice how none of these stories talk about how spending has jumped from about 10% or 20% to 25% of GDP under Obama, or that spending has doubled in 10 years—both under Obama and Bush—and gone up 33% under Obama alone. No, cutting spending 10%, or even holding it even, is “slashing” spending.
They never met a government program they didn't like
None of these cutting and slashing hopes and strategies will do any long run good at all unless they include eliminating many whole departments, agencies, and bureaus. Shrinking them is like obese folks going on a Diet. As you get fat your body makes new fat cells. As you lose weight the body shrinks those fat cells but does not reduce their number. Without rigorous full time diet control for the rest of your life you inevitably get fat again because your body wants to nourish all the cells it has and will flood you with hunger until the goal is accomplished. A democracy is incapable of that sort of rigorous control. Better to do the liposuction.
Taxing. And spending. And growing government.
That is, literally, all that liberals know how to do.
There is no problem that cannot be solved by higher taxes, more spending and more intrusive government.
And, somehow, it makes them feel superior...