Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unhappycamper

(60,364 posts)
Mon Feb 18, 2013, 08:23 AM Feb 2013

Sequester: Final Death Throes for Republiconomics -- and Republican Party

http://www.huffingtonpost.com/paul-abrams/sequester-republicans_b_2706816.html

Sequester: Final Death Throes for Republiconomics -- and Republican Party
Paul Abrams
Posted: 02/17/2013 1:04 pm

House Speaker John Boehner (R-Ohio) declared that he has been in the House for 22 years and that we have never cut spending. This from the man who tried to spend $3 billion on an alternative jet engine the military did not want, and never specifies any of the cuts he says are required.

Now, it appears, Republicans will get their sequester. They will also, in the process, shatter any doubt that government spending indeed creates jobs, the only remaining myth that has not been thoroughly debunked by events, at least since 1937-8.

Republicans have perpetrated four major myths about economic policy, aka "RepubliCONomics." These myths have served their paymasters' interests, but have brought down a once prosperous country with a large, strong middle class to a nation beset with a shrinking and struggling middle-class and increased concentration of wealth and power at the top.

The first was that cutting taxes on the wealthy fostered economic growth and job creation. That was launched by President Reagan, but all he proved was that cutting taxes + tripling the deficit, about as Keynesian as one can be, may stimulate the economy. Indeed, it is arguable that the impact of low taxes on the wealthy alone is quite the opposite -- their idle wealth squirreled away (these days) in off-shore tax havens, extracted from the economy and not doing anything, was one of the causes Galbraith proposed for the Depression (The Great Crash, 1929).
18 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Sequester: Final Death Throes for Republiconomics -- and Republican Party (Original Post) unhappycamper Feb 2013 OP
Good riddance and... retired rooster Feb 2013 #1
They're already trying to blame Obama. AnnieK401 Feb 2013 #2
They voted for it, it's theirs. Ganja Ninja Feb 2013 #5
half the democrats voted for it too, apparently. if they hadn;t vote would have been 256 against, HiPointDem Feb 2013 #17
Yep. Full court repig coverage on MSNBC. I turned the liars off. They're all there in prime time. freshwest Feb 2013 #18
Goodbye Republicans libdude Feb 2013 #3
ABFT liberal N proud Feb 2013 #4
I have my doubts Republicans will be hurt Meshuga Feb 2013 #6
Until it's in the corporate media's best interest to truthfully report the news, mountain grammy Feb 2013 #7
We need republicans... Blanks Feb 2013 #8
No, ProSense Feb 2013 #9
You trust the democrats more than I believe they can be trusted. Blanks Feb 2013 #11
Wait, ProSense Feb 2013 #12
These particular republicans need to go. Blanks Feb 2013 #13
Disagree. ProSense Feb 2013 #14
What makes you think Reagan wasn't among the 'bat shit crazy'? Blanks Feb 2013 #15
Either party in 100% control is scary madville Feb 2013 #16
Repukes will burn the place down just so they can blame Obama NightWatcher Feb 2013 #10

AnnieK401

(541 posts)
2. They're already trying to blame Obama.
Mon Feb 18, 2013, 09:54 AM
Feb 2013

Not sure how much success they will have with that though. We'll see.

Ganja Ninja

(15,953 posts)
5. They voted for it, it's theirs.
Mon Feb 18, 2013, 10:25 AM
Feb 2013

vote by party: Yea/Nay/NV/Total
Democrats: 95/95/3/193
Republicans: 174/66/0/240
Total: 269/161/3/433

 

HiPointDem

(20,729 posts)
17. half the democrats voted for it too, apparently. if they hadn;t vote would have been 256 against,
Mon Feb 18, 2013, 11:09 PM
Feb 2013

174 for.

so it don't just belong to the Rs.

freshwest

(53,661 posts)
18. Yep. Full court repig coverage on MSNBC. I turned the liars off. They're all there in prime time.
Mon Feb 18, 2013, 11:11 PM
Feb 2013

The media is so unfair to Democrats and Obama in particular, they give these jerks all the time they can possibly give them on every issue. And shout down anyone who tries to point it out. Goes to show that the conservative millionaire owned media is against getting anything done for anyone in this country but themselves. Sick.

libdude

(136 posts)
3. Goodbye Republicans
Mon Feb 18, 2013, 10:08 AM
Feb 2013

Perhaps a little premature, but goodbye to the Republican Party. As they diminish as a viable governing party, obstruction will continue but will ultimately bring about the same results, the continued drift to irrelevancy. Democrats, take this as a lesson, now is the time for boldness of action on those matters of importance to the American people.

Meshuga

(6,182 posts)
6. I have my doubts Republicans will be hurt
Mon Feb 18, 2013, 11:03 AM
Feb 2013

The corporate media won't let it happen and they will come up with some bullshit myth to blame use as reason for the negative effects from the sequester (i.e., "the tax hike on the wealthy caused it&quot . Just watch. The fiasco with the Republican damaging debt ceiling threats was not enough to finish them so I have my doubts that republiconomics will go away anytime soon. Maybe it will go away when it is too late.

mountain grammy

(26,623 posts)
7. Until it's in the corporate media's best interest to truthfully report the news,
Mon Feb 18, 2013, 11:31 AM
Feb 2013

real news with real facts, and challenge the lies that fall out of Republican mouths, they simply won't do it. They will continue to report nonsense and idiocracy with bits of news inserted because they're more interested in ratings than reporting.

Blanks

(4,835 posts)
8. We need republicans...
Mon Feb 18, 2013, 08:04 PM
Feb 2013

We just need for them to not be in control of the government.

They are the opposition party. Without them; there is nobody to bring up the bad points to any kind of government expansion. We need to have about 40 republican senators and a little less than half of the house filled with republicans.

It doesn't hurt anything to have a republican president every once in a while as long as they don't control congress.

We have a lot of stuff to turn around so democrats need to control the government for a couple of years, but we need an opposition party.

Once the republicans lost control of the government after the Great Depression; they didn't get it back (except a short stint) for a really long time.

The more they argue for this austerity bullshit; the longer they will be out of power - once they've lost power. They aren't going anywhere; they are just going to be out of power.

ProSense

(116,464 posts)
9. No,
Mon Feb 18, 2013, 08:13 PM
Feb 2013

"We need republicans..."

...we don't.

"We need to have about 40 republican senators and a little less than half of the house filled with republicans. "

No, we don't.

"It doesn't hurt anything to have a republican president every once in a while as long as they don't control congress."

Yes, it does.

Solution: Let them be the opposition party out of power for a very long time, 16 to 20 years, with a Democratic majority of at least 65 Senators.

Blanks

(4,835 posts)
11. You trust the democrats more than I believe they can be trusted.
Mon Feb 18, 2013, 08:43 PM
Feb 2013

Perhaps a larger number of democrats and a smaller number of republicans as you suggest (and for a longer time), but while the democrats have a better track record; the democrats come up with programs that don't work too.

I think we're better off with a closer balance. Of course I used to believe the conservatives had a legitimate philosophical difference with the liberals; they aren't doing much to seem sane - let alone have a legitimate philosophy.

Eisenhower was a good president and while Nixon had his problems; he signed the Clean Water Act and the legislation that created the EPA. It provides some balance to the government to have a republican signing democratic bills.

It doesn't work worth a damn the other way around, but there needs to be some level of balance.

ProSense

(116,464 posts)
12. Wait,
Mon Feb 18, 2013, 08:51 PM
Feb 2013

"You trust the democrats more than I believe they can be trusted."

...the solution is keeping despicable obstructionist assholes?

"I think we're better off with a closer balance. Of course I used to believe the conservatives had a legitimate philosophical difference with the liberals; they aren't doing much to seem sane - let alone have a legitimate philosophy."

I was never a fan of Republicans. Here's my balance: Obama and Elizabeth Warren vs. Clinton and Lieberman (that's as far right as I'm willing to accept to strike a balance.

That ought to keep the country out of the hands of the likes of Reagan and Bush Sr., and definitely out of the hands of another Bush Jr. and Rand Rubio.





Blanks

(4,835 posts)
13. These particular republicans need to go.
Mon Feb 18, 2013, 10:05 PM
Feb 2013

Republicans are supposed to represent fiscal responsibility and smaller government.

Any time we (as democrats) try to expand the role of the government; that expansion should be challenged. The current republicans expand the government and then pretend that someone else did it.

The fact that we've had bat-shit crazy republicans for the past couple of decades shouldn't change the fact that we need an opposition party. The democrats haven't been doing as good as job as they could either.

I'm not a fan of republicans either, but their role should be to point out the down side to any legislation that the majority party is proposing. That's what we need.

ProSense

(116,464 posts)
14. Disagree.
Mon Feb 18, 2013, 10:18 PM
Feb 2013
Republicans are supposed to represent fiscal responsibility and smaller government.

Any time we (as democrats) try to expand the role of the government; that expansion should be challenged. The current republicans expand the government and then pretend that someone else did it.

The fact that we've had bat-shit crazy republicans for the past couple of decades shouldn't change the fact that we need an opposition party. The democrats haven't been doing as good as job as they could either.

I'm not a fan of republicans either, but their role should be to point out the down side to any legislation that the majority party is proposing. That's what we need.

You seem to think that the best thing for American progress is a constant tug of war between "fiscal responsibility and smaller government," as defined by Republicans, and Democrats who are trying to "expand the role of the government" (the RW's cariacature of Democrats).

This hasn't just been a problem with "bat-shit crazy republicans," it was a problem with Reagan. Yes, they do expand government, but it's ususally in the areas that benefit defense. They are anti-regulation (they'd kill the EPA if they could) and eager to destroy social programs.

Again, there are enough conservative Democrats who can fill the role of counter balance without trying to squeeze the government to death.




Blanks

(4,835 posts)
15. What makes you think Reagan wasn't among the 'bat shit crazy'?
Mon Feb 18, 2013, 11:00 PM
Feb 2013

Yes, I think We should have a constant tug of war in congress over how much the government should grow and how we should pay for that growth. That's what congress should do. While it may seem like we can have conservative democrats to carry the republicans water; I don't think that's an improvement. If they're conservative; they should be a republican. IMHO

As far as all of the things that the republicans are opposed to now; that's why they're losing. They need to adjust some of their positions on the issues. Obviously, they're insane when it comes to defense spending and their position on the environment is indefensible, but there is a lot of negotiating room to determine what the priorities are; and that needs debated by people who are not only representing their district, but they are also fighting for their party.

Conservative positions make more sense when they are in the minority and they are the opposition party. Environmental improvements cost money and in some cases they slow down the economy; businesses need to have a voice and that's what the republicans are there for.

Corporations shouldn't be writing the regulations, but they still should have a voice. That's just part of the balance that we don't have now.

madville

(7,410 posts)
16. Either party in 100% control is scary
Mon Feb 18, 2013, 11:08 PM
Feb 2013

Either party in 100% control is scary in different ways. Power corrupts and no checks and balances will always turn out bad.

NightWatcher

(39,343 posts)
10. Repukes will burn the place down just so they can blame Obama
Mon Feb 18, 2013, 08:15 PM
Feb 2013

And I just hope they don't get away with it. They are already running against whichever Dem we pick to run in 4 years.

Latest Discussions»General Discussion»Sequester: Final Death Th...