Tuesday, July 20, 2010

Alan Greenspan Against Extending Tax Cuts to Rich.

We know how much the paleo-conservatives are against any kind of borrowing in a deep recession where cash is scarce to prevent a full-blown depression. They don't believe that the government is a third party "spender of last resort" to keep the engines of the economy greased. However, that's not fully true.

They're still very much for borrowing. Despite their austerity stance these, "Born-Again Conservatives" support borrowing money to extend tax cuts to the rich. Yet, even the Bush nominated economist Alan Greenspan opposes extending these tax cuts. However, I think the greater point is that the Conservative argument that America can't borrow anymore is less about fiscal responsibility and more about denying the Democrats a chance to help the American people weather unemployment for fear Obama will get support.

Their game plan for re-election seems to be stall, block, obstruct, and deceive until Americans are so frustrated with the inaction in D.C. that they vote in the Republicans. They don't have a platform of ideas on how to end this Great Recession or what they'd do differently from the George W. Bush era. They are just running on being the Anti-Obama party; as well as banking on being the only other party Americans could choose. They don't have any different solutions--they're just getting support for being the "other party." So the right-wing is all ginned up that they are going to "Over-throw 'Socialism'" and "Take their country back." O.k., let's see you solve the record number of crises America is facing--and do it within a year because that's all the time you gave Obama and the Dems. Let's see the "Face of the NEW Republican Party" and all the unique and timely ideas you have hidden in your magical bag that you won't show anyone until you're elected.

I know it's frustrating to have so many problems at once right now in America because we're not use to such long-term hardships in our modern society. However, before you give the keys back to the Republicans (as Obama said) remember that they are the ones who drove the car into the ditch under Bush. Remember all the failures under Bush? Well, those aren't like failures one can fix over the weekend in the garage. Those are structural cracks and cave ins that will take most of Obama's presidency to turn around--if not longer. They say that in a long, tough military campaign it isn't often a good idea to switch the generals around in the middle of the fight. Let's have a bit more patience and give the Democrats and President Obama at least one full term to get things moving in the right direction again. That's only four years, and we're already through half of them. Two more years isn't that long to wait, and by then we should have a clearer, more accurate conclusion on Obama's policies.

---End of Transmission---

3 comments:

TRUTH 101 said...

Maybe I'm being immature here HBW, but after years of watching republicans pander to their base of bigots, idiots, homophobes and religious zealots, I was hoping Democrats would start pandering to their base.

I'm patient. Disappointed,yes. But still patient.

陳璇竹陳璇竹 said...

先為別人的快樂著想,是超人;先為自己的快樂著想,是凡人;使別人不快樂,自己也不快樂的,是笨人。..................................................

dawsonfelicia張君dawsonfelicia均 said...

享受你自己的生活,不要與他人相比。............................................................