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Republicans on the Debt Ceiling: Screwing Over America – The Daily Beast

July 31, 2011 By Egberto Willies

In the article below Paul Begala lays out some truths that neither the main stream media and for sure not the right wing media will articulate or force the Republicans to explain not less defend. He uses two phrases that took me aback because the first is absolutely true and the second is the result of the first. He states

Seems to me the GOP seeks a banana republic: a toxic blend of right-wing populism, anti-intellectualism, debt defaults, and an end to the ladder of economic opportunity. They would divide us into a few Haves and a lot of Have-Nots. And they would slowly crush the heart of progressive America—the rising middle class created by Democratic economic policies of education and empowerment. All while preserving, protecting, and defending a tiny oligarchy of millionaires and billionaires.

The right wing should ditch the tricorn hats and replace them with mirrored sunglasses. They truly are Banana Republicans.

While the above statement is depressing to some, I look at it as the opportunity to win it all in 2012 because we we show all Americans that we are on their side and show them the continued verifiable results of “Republicanism”, even the low information voter can be had.

A major true narrative is as the Republicans took over Congress, a precipitous decline occurred in our economy because they refuse to govern by passing job friendly & middle class biased policies.


How Republicans Screwed the Pooch

by Paul Begala Jul 30, 2011 9:19 PM EDT

imageThere it sits, lonely and forlorn on my shelf. A leather-bound copy of the 1999 Budget of the United States of America. A gift from President Clinton to the folks on his team, it was the first balanced budget in decades.

But it wasn’t supposed to be the last. Indeed, experts projected surpluses as far as the eye could see. $5.7 trillion in surpluses, to be exact. The surpluses were so strong that deep into the future—in 2009—the entire national debt was going to be zero. For the first time since Andy Jackson was president, the United States of America would not owe a dime.

It didn’t quite work out that way, did it? As Washington seems paralyzed, our economy stagnates, and America’s full faith and credit is on the brink, it is useful to recall how we got here. This was not an act of nature. There was no unforeseen earthquake, no tsunami, no hurricane that wiped out our surplus. It was instead a Republican House, a Republican Senate, and a Republican president who squandered the surplus. In full possession of the federal government for the first time since Eisenhower, the GOP—with, to be fair, some help from some very foolish Democrats—systematically dismantled the economic and fiscal policies that produced the strongest economy and largest budget surplus in our history.

Specifically, they did four things: cut taxes (with a heavy tilt toward the rich), waged two wars on the national credit card (one of which was against a country that had nothing to do with 9/11 and posed no serious threat to America), passed a prescription drug benefit with no pay-for (the first entitlement in American history without a revenue source), and deregulated Wall Street (which helped turn the American economy into a casino and touched off the Great Recession).

I recap all that not to further depress you, Dear Reader. But it is striking how absent that history has been from the coverage of our current crisis. I can understand why the GOP doesn’t want to remind folks of how they screwed the pooch. Indeed, they have a competing myth—that Washington went on a spending binge; radical young President Barack Obama went crazy with the national credit card. That, of course, is nonsense. But too few Democrats—and almost no media commentators—have countered the mendacious right-wing storyline.

CONTINUED

Republicans on the Debt Ceiling: Screwing Over America – The Daily Beast

 


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About Egberto Willies

Egberto Willies is a political activist, author, political blogger, radio show host, business owner, software developer, web designer, and mechanical engineer in Kingwood, TX. He is an ardent Liberal that believes tolerance is essential. His favorite phrase is “political involvement should be a requirement for citizenship”. Willies is currently a contributing editor to DailyKos, OpEdNews, and several other Progressive sites. He was a frequent contributor to HuffPost Live. He won the 2nd CNN iReport Spirit Award and was the Pundit of the Week.

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