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Saturday, September 11, 2010

Quote of the day--If Republicans regain Congress this Fall

From Paul Krugman at The New York Times today: It’s hard to overstate how destructive the economic ideas offered earlier this week by John Boehner, the House minority leader, would be if put into practice. Basically, he proposes two things: large tax cuts for the wealthy that would increase the budget deficit while doing little to support the economy, and sharp spending cuts that would depress the economy while doing little to improve budget prospects. Fewer jobs and bigger deficits — the perfect combination. More broadly, if Republicans regain power, they will surely do what they did during the Bush years: they won’t seriously try to address the economy’s troubles; they’ll just use those troubles as an excuse to push the usual agenda, including Social Security privatization. They’ll also surely try to repeal health reform, which would be another twofer, reducing economic security even as it increases long-term deficits. Return the "Party of No" Republicans back to power in either the House or Senate? And why? Because they don't have a plan for the economy--which they don't--and because going backward is a good idea? Oh, heck no. Link to original post: http://www.nytimes.com/2010/09/10/opinion/10krugman.html

1 comment:

Ernest Evans, PhD said...

DEar Mr. Kevin: Many thanks for posting that comment about the GOP's likely plans if they take back the Congress. Krugman has a point--the Republicans have no new ideas or plans in the event that they win--it is imply going to be "more of the same." Even a lot of the conservatives I know acknowledge this fact. Sincerely, Respectfully and In Christ, Ernest Evans