Republican Strategy for Victory: Stall Economic Recovery

[Joanne98]

I suppose it should come as no surprise. The Republicans are rooting against the American economy and American workers. They believe that they will do better politically in the 2010 midterm elections -- and the 2012 presidential -- if the economy does worse. And for the last twenty months they have done everything they can to assure that outcome.

Of course some will say that no, the Republicans just have a different view of what will create jobs than Democrats. And that is partly true. Generally their view is that whatever is in the short-term interest of the big Wall Street banks, insurance companies, big oil and their wealthy donors is what is "good for the economy." They implemented their program of tax cuts for the rich and allowing the reckless Wall Street banks to do whatever they pleased for eight long years. The result was a $2,000 decrease in real income for most Americans, a massive increase in incomes for the top two percent of the population, zero net private sector job creation, and the collapse of our economy.

But it's not just their commitment to "trickle down" economics that has caused them to do everything in their power to block economic recovery. They believe that their political fortunes will rise if the fortunes of the rest of us decline. We can't let them be right.

The most striking case in point is the small business jobs bill that will hit the Senate immediately after the recess. The bill provides financial incentives to small business to create new jobs. You'd think that any bill that infuses money into a key Republican constituency like small business would be met with open arms by the Republican minority. No such luck. They plan to filibuster the bill even though many of its provisions were lifted directly from measures authored by Republicans.

http://www.huffingtonpost.com/robert-creamer/republican-strategy-for-v_b_689020.html

[liberal N proud]

1. Sad thing is it will work.

[Demeter]

2. the GOP Doesn't Have to Lift a Finger to Stall Recovery

there isn't going to be one. The damage wrought upon our national and global economies will take a generation to mend. They could stretch it out to 2 generations, with the help of the DLC and corporate lackeys, maybe.

[madmax]

3. And if that doesn't work bank on the

gullibility, racism, and paranoia of the low information voter and right-wing crazies. Don't worry - the media will assist.

[txlibdem]

4. Trickle Down Doesn't

Never has and never will.

Obama had a choice when he brought us the stimulus bill. Would the money be used to directly create jobs like the WPA did in the 1930s, stimulating the economy from the ground up, benefiting all workers and all businesses alike. Or will the money all go to companies and the rich, hoping some of it will "trickle down" to help the economy. Guess which side won that argument?

American companies are holding onto 1.8 trillion dollars in cash right now. That is enough to hire 20 million people and pay them each $60k a year. The economy would immediately take off and get back on the right track real quick, even if those 20 million people were paid to stay home and sit on their couch. They would put that money to work in the community and more jobs would be created because of their purchases.