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The crash of 2007 showed the complete failure of GOP economics

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edhopper Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:19 PM
Original message
The crash of 2007 showed the complete failure of GOP economics
Low upper-class tax rates, anti-regulation, free market, Reganonmics fanaticism lead to the biggest downturn since the Great Depression.
So why does all of Washington, including President Obama and the Senate Dem leadership whole heartedly embrace this failed policy and turn it's back on progressive, Keynesian, FDR econonmics which resulted in 40 years of Post-War growth?
I am mystified. It is like the creationist have taken over.
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:22 PM
Response to Original message
1. Haven't you heard, doing the same (if not worse) thing over and over...
and expecting different results, is now okay?

$weet...
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:23 PM
Response to Original message
2. When was the last time the Republicans were the party of fiscal responsibilty?
You still hear that.

How long have you heard 'Democrats are weak on defense" after that ceased to be the case -- if it ever was?

You still hear that.

Max Planck said "A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die."

Works in politics.
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edhopper Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:24 PM
Response to Reply #2
3. Not only are they not dying
but the Dems are joining their ranks.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:28 PM
Response to Reply #3
4. "The people have spoken, the bastards" Dick Tuck, 1966
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