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Deficit-Deluded Tea Party Republicans Love The Sequester Scheme (barf alert!)
LA Times ^ | February 27, 2013 5:00 | By David Horsey

Posted on 02/27/2013 4:58:38 PM PST by drewh

The delusions of tea party Republicans are about to create a lot of misery for America. The "sequester" -- the drastic set of budget cuts formerly known as the "fiscal cliff" -- seems very likely to go into effect at the end of this week due in no small part to the fact that hyper-conservative lawmakers, such as Kentucky Sen. Rand Paul, actually think it's a pretty swell idea.

Their obsessive and mistaken belief that the federal deficit is the greatest threat to the republic is leading them to block any compromise with Democrats that would delay or repeal the looming budget reductions.

They want government to get smaller and smaller, even if the cuts will come too quickly and slash too indiscriminately. The supreme absurdity of their position is that this could so damage the American economy that federal revenue will drop and deficit reduction will become even harder to achieve.

The tea party folks may be sincere, loyal citizens, but their notions about how the economy works are exactly that: mere notions. Their core notion is that government needs to do nothing more than get out of the way of business in order for the economy to boom and bloom.

In an 18th century world or in the fiction of Ayn Rand that might have worked, but the reality is different. The United States became the world's biggest economy in the post-World War II years for many reasons, but one big reason is that government played a pivotal role.

(Excerpt) Read more at latimes.com ...


TOPICS: Editorial; Political Humor/Cartoons; Politics/Elections; US: California
KEYWORDS:

1 posted on 02/27/2013 4:58:42 PM PST by drewh
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To: drewh
In an 18th century world or in the fiction of Ayn Rand that might have worked, but the reality is different.

Singapore. Nuff said.

/johnny

2 posted on 02/27/2013 5:07:24 PM PST by JRandomFreeper (Gone Galt)
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To: drewh

Without a large manufacturing base, real spending cuts will be done one way or another before long. Money of real value doesn’t grow on trees or come out of printing presses without “sustainable” revenues from a large manufacturing base. The so-called sequester is no big deal at all.


3 posted on 02/27/2013 5:09:55 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: drewh

What a clueless idiot.


4 posted on 02/27/2013 5:11:35 PM PST by A message
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To: drewh

“Their obsessive and mistaken belief that the federal deficit is the greatest threat to the republic...”

I notice he doesn’t name anything that’s a bigger threat.


5 posted on 02/27/2013 5:51:03 PM PST by Psycho_Bunny (Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
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To: Psycho_Bunny

The greatest threat to the Republic is dumbass reporters protecting Obongo Bozo and his thoroughly inept and corrupt administration such that low information voters will not understand the true nature of the Obongo Bozo criminal enterprise!

If the so-called “Fourth Estate” was really doing its job, Obongo Bozo would never have become an Illinois State Senator, much less a US Senator and President.

I feel like Diogenes, but instead of looking for an honest man, I am looking for an honest press!


6 posted on 02/27/2013 6:34:40 PM PST by Taxman (So that the beautiful pressure does not diminish!)
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To: drewh

LA Times, NY Times, Washington Compost=credibility Zero.

Part of the Obama propaganda machine.

I wouldn’t trust them as far as I could throw the Wookie.


7 posted on 02/27/2013 7:24:02 PM PST by Venturer
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