The Republican’s Deficit Deception: Fiscal Irresponsibility at Its Worst

Posted on Jun 09.09 / Uncategorized / by Pete
Tags: , , ,

The Republicans should have a Ministry of Truth to erase the history that don’t like. Instead they just blatantly lie and misrepresent the past to make their case.

As Dick Cheney has said, deficits don’t matter—except when the money is being used to create a more just, responsible society.

The fact is that the GOP purposely drove up the debt in order to prevent the government from delivering more services that help more people. They don’t believe in a government that works for anyone but businesses, banks and defense contractors, and a large debt fuels the argument that we can’t afford real change.

President Bill Clinton left this country with a SURPLUS in 2001. Of course, there was still a huge debt, but we were paying it down.

The only reason we have the debt that we do is because of the irresponsibility of George W. Bush and the Republican Congress.

Bush and Cheney cut taxes for the rich and then they cut taxes for the rich, when they were done with that they cut taxes for the rich. Just weeks after 9/11 the administration was arguing that the attack required cutting the Capital Gains taxes.

These cuts didn’t build infrastructure, fund sustainable development, keep people in their jobs or provide health care for the needy. They just lined the pockets of the top 5% of this county as this country waged war in two foreign countries. It’s unprecedented in American history and a blatant example of the irresponsibility of the Right.

Obama is trying to bring responsibility back to capitalism and create fundamental reforms that will prevent another unnecessary crisis.

Republicans can say that 2 + 2 = 5, but that doesn’t change the fact that they aren’t concerned about debt. They’re just scared to death of creating a government that actually works for people.


Comment | Trackback |
Post Tags: , , ,

Browse Timeline


Add a Comment

You must be logged in to post a comment.