Saturday, September 25, 2010
Oh, Give Me That "disastrous decade"
President Barack Obama says Republicans' plan to slash taxes and cut spending if the GOP retakes the House in November is no more than "an echo of a disastrous decade we can't afford to relive."Gee, as those of us with an accurate memory remember, that "disastrous decade" was never as bad as Obama's tenure so far. And, it only began getting bad when the Democrats took over Congress in 2006.
Obama used his weekly radio and Internet address Saturday to skewer House Republicans over the "Pledge to America" they unveiled this week. It also promised to cut down on government regulation, repeal Obama's health care law and end his stimulus program.
"The Republicans who want to take over Congress offered their own ideas the other day. Many were the very same policies that led to the economic crisis in the first place, which isn't surprising, since many of their leaders were among the architects of that failed policy," Obama said.
"It is grounded in same worn-out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself. That's not a prescription for a better future."
Speaking of "worn-out philosophy", isn't it time to give up the FDR nightmare that prolonged the Great Depression and has proven itself to be fiscally unworkable time after time. It never seems to occur to these dimwits that the health of Wall Street affects the wealth of the middle class. How do the majority of middle class retirement plans and other investments grow their value? Hint: Via Wall Street.
Where have we seen more examples of "failed policy" than in the Obama administration? And, he's done it in less than two years. Yet, he tells Tea Parties they need to come up with ideas and that Republican ideas are worn-out. (Plus, as I've reminded you before, he's increasing poverty at record rates.) Mr. Obama, since you're so damn smart, how about you come up with some ideas and policies that work, are fiscally responsible, don't increase the debt our children and grandchildren owe and revive the economy.
Oh, I see. You're too busy greasy the palms of your cronies. Thanks, anyway.
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