Totally Shameless GOP Scrambles to Take Credit for Economic Uptick

[marmar]

Political Animal, via AlterNet:



Totally Shameless GOP Scrambles to Take Credit for Economic Uptick


We learned yesterday that the U.S. economy picked up a little speed in the fourth quarter of 2010 -- October through December -- experiencing 3.2% GDP growth.

Soon after, the frequently-confused House Majority Leader, Eric Cantor (R-Va.), did his best to spin the encouraging news.

"This morning, the GDP projection for the last quarter was released, showing a 3.2% growth for the fourth quarter and suggesting the economy will pick up speed this year. This uptick is no doubt due in part to the certainty that Washington has given the private sector through the recent tax deal and the newly elected House Republican Majority who have pledged to rein in the size and scope of our federal government which has exploded over the last 4 years. At a time when our nation's debt is over $14 trillion, it's time to get serious about cutting spending and growing jobs in the private sector, rather than cutting spending and "investing" in new government programs."

I find it hard to believe even the most shameless, pathetic hack in Washington actually believes any of this. Indeed, reading it, I'm almost embarrassed for Cantor.

Fourth quarter growth covered October through December. The tax deal didn't pass Congress until mid-December, so unless the business community invented a time machine when I wasn't looking, Cantor's timeline has a rather dramatic flaw. ..........(more)

The complete piece is at: http://www.alternet.org/newsandviews/article/454316/totally_shameless_gop_scrambles_to_take_credit_for_economic_uptick/

[rurallib]

1. are you at all surprised?

Soon they will be taking credit for Egypt also.

[SpiralHawk]

2. "Bwaaa ha ha ha ha ha." - The Honorable Citizens of the USA

http://images2.cpcache.com/product/republicanconservative-republican+economics-recession/43172242v15_225x225_Front.jpg
"What a preposterous load of horseshit. The FAIL freak Republicons with their Feed-the-rich, screw-the-poor republiconomics can just go pound sand."

- The Honorable Citizens of the USA

[upi402]

3. uptick my fucking ass!

no text!!!!!!!!!!!!!!!

[Liberal_in_LA]

4. uptick is GOP's worst fear. They want economy to remain down until prez election n/t

[doc03]

5. I think this thing in Egypt will pretty much kill any uptick we may

have seen. Fuel prices go up the economy is going into the dumper, I think this is the beginniing of an even worse recession than the one we have been through. :(

[yourout]

6. Wait till things do start to get going again..even without a single piece of Republican....

legislation they will claim it as their own.

[CC]

7. They haven't even introduced a jobs

bill yet no less passed one. That is what everyone should answer back. Then remind them the Democratic Party was in charge the last quarter of 2010. But we know the MS will carry the water for them and convince the gullible it is so.

Egypt they will take credit for it is goes well, if it goes bad they will blame Obama. Again the MS will carry the water for them and convince the gullible it is so.

Pretty much what they have been doing for 30+ years.