Skip to comments.The bankruptcy of the Obama-Pelosi 'progressive' agenda
Posted on 01/30/2013 6:56:24 PM PST by Kaslin
No one can accuse the Democrats of being the party of personal responsibility. Confronted with an economy that contracted in the fourth quarter, Speaker Nancy Pelosi blamed Congressional Republicans for obstructing the presidents agenda and creating uncertainty.
In the wake of the financial collapse, the Democrats took full control of both the Congress and the Presidency in 2009 and were presented with an historic opportunity to put their ideas into practice. Unfortunately, the newly elected President Obama and Speaker Pelosi treated the situation as a political opportunity to build a Democratic majority rather than an obligation to fix whats broken in the economy.
Shrewdly, President Obama cobbled together a broader Democratic coalition by delivering to women free health care services, to Hispanics amnesty for young adults, to younger folks overly generous student loans, to teachers and civil servants subsidies to protect their jobs, to labor unions a rebuke of Simpson-Bowles recommendation that the retirement age be raised, and to his political friends generous subsidies for solar panels, windmills and other whimsical projects. Meanwhile, he cut defense, raised taxes on small businesses, and imposed unproductive regulations on manufacturing.
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Doesn’t matter what Obama did. What matters is how he got away with it and what are we going to do about it.
We know who helped him