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Friday, February 20, 2009

Two legs good. Four legs bad. GOP "Consistency" on Deficits

By Keith R. Schmitz

Why are the only hard news interviews seemingly on the Daily Show?

The other night Jon Stewart put New Hampshire Senator John Sununu on the griddle over the new found GOP religion on deficits (emphasis mine).
Stewart: I'm not an economist, but let's say I start out with a surplus and I say lets have a tax cut to stimulate the economy, lets make it 1.2 trillion dollars and that surplus turns into a deficit. Why would I at that point go, hey you know what could fix that? A tax cut.
This GOP view seems to change with administrations, and as usual right wing talk radio carries the water.

Remembering back a few years ago a combination of boredom and lack of knowledge about my high blood pressure led me to tune in Mark Belling one afternoon during the Bush administration. He was challenging his listeners to come up with a reason why deficits were bad. Since he was not exactly broadcasting to the Wharton School of Business no answers were forthcoming.

It occurred to me that rewinding to the early years of Bill Clinton when again I was bored and not knowledgeable about high blood pressure Belling was then exhibiting his brand of mental unhinging on deficits.

Clinton goes on to build that surplus $1.2 trillion surplus, despite his "distractions" and GOP railing about "tax and spend" Democrats.

Now rather than tax cuts for the wealthy and a boneheaded invasion of Iraq to bequeath to our grandchildren there is deficit spending intended to help out our economy and average people. GOP defines these deficits as wasteful.

Two legs good. Four legs bad.

Maybe the GOP should change their web site URL address to Expediency.com.

Update: F. Jim proves more of the above point. Someone please explain (and I'm sure someone will) why blowing money out of a confetti cannon at the Defense Department does not constitute reckless spending?

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