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by Len Hart, The Existentialist Cowboy
The GOP has been infiltrated by a kooky kult of korporatists! It is not the party of Eisenhower-like fiscal conservatives or of Progressives like Teddy Roosevelt anymore. It has become the party of the MIC and the big lobbyists on K-street. It has become the official party of the big corporations, the ruling one percent of the population which alone has benfefited from GOP fiscal policy.
Ronald Reagan doubled the national debt and tripled the deficit. While revenues declined as a result, Reagan compounded the problem by ramming through Congresss a TAX CUT from which ONLY the upper quintile benefited. It was a recipe for historic deficits, in fact, national bankruptcy. Concurrently, a trend, in which the rich get richer and everyone else poorer, did not abate until Clinton's second term. Under Bush the Shrub, the trend resumed with a vengence.
Today --as a result --just one percent of the nation owns more than about 95 percent of the rest of us combined. The inevitable result of transferring this wealth to the wealthy is that the net gain to the wealthy is, in fact, exported out of the economy and into offshore bank accounts.
That being the case --why were we surprised that the inevitable collapse occurred under Bush and carried over into the Obama regime. In effect, monies were removed from the economy --a contraction. Economists call this recession.
I have enough material on Reagan's irresponsible profligacy to fill several volumes, more data than I have time to 'twitterize'. Sometimes, you just have to read the long, dull story.
Bottom line: the GOP is just not credible when it claims to be fiscally conservative. The GOP is just not credible when it tries to trick you into believing that there is no difference between the GOP and Obama. The GOP has no legs when it claims to be fiscally conservative. Listening to goppers cry about Democratic 'deficits' is like hearing a million or more crocodiles singing the Hebrew Slave Chorus.
Because the big corporations dominate K-street, Americans inevitably get a ONE SIDED view, the GOP spin. The ACTUAL FACTS available from the Labor Dept, Bureau of Labor Statistics, Bureau of Economic Analysis and EVEN the conservative Brookings Institution paints a different picture.
It's hard to set the record straight on a TWITTERIZED net. Even so some facts DISPROVE the GOP/Reagan myth. To wit:
Job Growth Per Year Under Most Recent Presidents:
Johnson 3.8%
Carter 3.1
Clinton 2.4
Kennedy 2.3
Nixon 2.3
Reagan 2.1
Bush 0.6
--Bureau of Labor Statistics,Current Employment Statistics Survey
The Reagan ERA was a period in which corporate PACs began compelling Congress to pass pro-business legislation. According to supply-side theory, these actions should have nudged the economy in the right direction, not plunged it into the worst recession in 40 years. But that is PRECISELY WHAT HAPPENED. ... See More
The 'depression' of some two years was the longest, deepest since Hoover's GREAT DEPRESSION triggered by the crash of '29, an event not seen again until Shrub's second term.
Given the economic 'crimes' committed by Reagan, Sr, and Shrub...the lame ass charges against Harry Reid and Nancy Pelosi pale.
How the GOP --which ran up the highest debts and deficits in US history --can lay that rap on the Democrats which had control of Congress inonly eight of almost 20 years is just plain ludicrous.
ANY Dem Prez beats ANY GOP Prez since LBJ. Now --I would say that JOB GROWTH --essential for a healthy economy --is reason enough to ESCHEW the GOP until it repents, asks forgiveness of the American People, and pleads, on its knees, for political salvation. Say Hallelujah!!!
The Who: Won't Get Fooled Again!
Additional Resrouce: One Million Strong Against the Republican Party
Also see:
Published Articles on Buzzflash.net
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by Len Hart, The Existentialist Cowboy One Million Strong Against the GOP, via The Existentialist Cowboy