The Democrats’ solution to fixing the economy: More government spending!
The Democrats really do think it’s possible to spend your way out of debt.
Democratic leaders called on Wednesday for additional spending to boost the sluggish U.S. economy, setting up a fresh hurdle for bipartisan efforts in Washington to head off a government debt default this summer.
Democrats’ demand for new stimulus spending is at odds with the work of negotiators, led by Vice President Joe Biden, who are trying to find trillions of dollars in savings as part of a deal that would allow Congress to sign off on new government borrowing before the U.S. runs out of money to pay its bills.
Those talks, which resumed on Wednesday, have largely focused on spending cuts over the next 10 years. Senate Democrats want the deal to include more money for highway construction, a payroll tax cut and clean-energy subsidies to bring down the 9.1 percent unemployment rate.
“Get the recovery right before you get in this deficit-cutting mode,” Assistant Senate Democratic Leader Dick Durbin told reporters. “Get people back to work. Let’s start moving in that direction.”
Get the recovery right? Let’s go over a few of the ways the Democrats are getting the “recovery” wrong. They spent $1 trillion on payoffs to their various political allies rather than focusing on helping the actual economy. They have hurt the offshore oil industry with the permitorium, and they’re threatening to hurt on-shore drilling to favor a West Texas lizard. They passed the massive ObamaCare bill that has scrambled employers’ ability to account for their health care costs, and increased their liabilities. Meanwhile they have failed to pass or even work seriously on a national budget, which among other things would at least put something close to a rational fix on how much the government actually intends to spend. They have threatened to raise taxes on “the rich,” which includes many small businesses, and which will slow down the “recovery.” And to every single problem, they propose the same solution set: Tax and spend. Borrow and spend. Or tax and borrow and spend.
And now they want…more money to spend. Incredible.
The Democrats have a crack addiction problem and they are going to heroin their way out of it.
They don’t realize that the spending NOW has to be repaid LATER?
Talk about throwing our children off a cliff.
Yes, the dems have it wrong. They don’t quite understand that the reason we have no jobs here is that it is cheaper for corporations to send all of the jobs overseas! The Dems wont talk about that and the Reps are glad that they wont talk about it because its the corporations who pay the reps to legislate the tax cuts and other benefits!
The rank and file reps and dems have been swindled by the elite reps. Wake up people and realize that you will have nothing here in the U.S. untill we start bringing the jobs home.
This phrase should be a poster and mandatory screensaver for all GOP politicians who aren’t in bed with the neo-Marxist revolutionaries:
“It’s the Economic Warfare, Stupid!”
The other GOP politicians can use the alternate screensaver:
Repeat after me: “I. am. a. useful. idiot.”
The ONLY way to fix the economy is the spend! You fools who say that the debt=the economy are idiots. Yes, spending more will make the debt worse in the short term. But it WILL help the economy and grow jobs. That is turn will make the value of the dollar increase making government bonds worth more. That will shrink the debt in the long run.
Learn some basic economics. But, of course, conservatives think learning is bad.