Extreme Liberal's Blog

Where Liberalism Is Alive and Well!

Republicans Sabotaging The Economy For Political Reasons, Obviously!

From Steve Benen at The Washington Monthly, go read the whole thing, but these last couple of paragraphs were simply golden.

Republicans said a payroll tax cut would help create jobs, and now they’re opposed to their own idea. Republicans said the Economic Development Administration is great for the economy, and now they’re opposed to that, too. Republicans have traditionally supported infrastructure investment, but the “infrastructure bank” idea appears likely to be killed by the GOP. Many Republicans endorsed the TANF Emergency Fund last year as an incredibly effective method of lowering unemployment, and the congressional GOP killed that, too.

Republicans are blocking qualified Treasury Department nominees who could also be working on economic policy. Republicans are blocking qualified Federal Reserve nominees who could also help improve the economy, while demanding that the Fed do nothing to promote economic activity. The GOP is demanding that Congress and the White House agree to immediately take money out of the economy and eliminate public-sector jobs, even when conservative economists say that’s crazy. What’s more, these same Republican officials have made it abundantly clear that failure to give them the cuts they want would force them to crash the economy on purpose.

And it’s against this backdrop that one of the most powerful Republican officials on Capitol Hill has argued, more than once, that his “top priority” isn’t job creation, but rather, “denying President Obama a second term in office.”

This is a conversation worth having.

June 28, 2011 Posted by | 2012 Election, Budget, Economy, Politics, President Barack Obama, Republican Party | | 4 Comments

   

Follow

Get every new post delivered to your Inbox.

Join 157 other followers