Thursday, January 29, 2009

GOP, the "no" party!


House Minority Whip, Eric Cantor says in an editorial in Politico, that his party can't be the "no" party.

"At a moment when the country needs our help, it would be a great mistake for the House GOP to turn inward and simply become the party of “no.” We want our new president to succeed, and America needs our new President to succeed, which is why we will contribute the full force of our ideas to help him navigate the choppy waters. That’s why our leadership met with the president three times to offer him our ideas on the stimulus, including among other proposals a reduction in small business tax liability by 20 percent."

But when it came time to vote on the stimulus bill, that's exactly what they were, the "no" party. All 178 Republicans in the house voted against it! This is after they met with president Obama three times. He listened to their ideas and incorporated some of them into the bill -- including a large amount of tax cuts and even asked the Democrats to remove controversial items the Republicans had issue with.

They might not want to be the "no" party, but they certainly are the party of no new ideas! Their answer to everything is more tax cuts, tax cuts fix everything! If that were true, how come Bush's tax cuts didn't prevent this economic collapse? I already know what they'll say... "taxes weren't cut enough." I grow so tired of the old "Trickle-Down Economics" mantra everytime, look at wage growth during the Bush's years, stagnant, yet corporate profits were up, nothing is trickling down! If you give more tax cuts to corporations, you're just going to help them fund a new plant overseas or pay for that call center in India. It's not going to create many jobs here in the states.

Every leading economist who knows what their talking about says you have to spend money to get the economy going again. It's simple, spend money on infrastructure and other projects and services, which creates jobs, which gives people money to spend on goods and services, which will help businesses grow. It's not rocket science! If you just give everyone a tax cut, that money won't get spent, people will just save it. Everyone is too afraid to spend money right now, that's why the government has to do it.

So let's sum up, so far the GOP is the party of no ideas, no jobs, and most of all -- no clue!

1 comment:

  1. Here we go, more liberal left wing BS. Who has time to post all this @#%$

    ReplyDelete