To blame tax cuts while ignoring the increases in spending as well as wasteful redundant spending, ignores the majority of the problem.
I am not ignoring them... I am pointing out that for 12 years a GOP controlled Congress did BOTH... with 8 of those years under a GOP administration.
Get it thru your historically uneducated skull... the GOP INCREASED SPENDING... FAR MORE than was reflected in their "budgets" because Bush did NOT put the TWO WARS on the budget. He paid for them with repeated, separate emergency funding bills that the GOP shoved thru several times per year.
He also- BTW- significantly added to medicare costs with a prescription funding bill-
AND the GOP signed legislation creating the department of Homeland Defense... which has added a SECRET amount to the deficit.
WHILE drastically increasing spending, the GOP decided to CUT federal revenue.
And this whole 8 years...
WHERE WERE YOUR CONSERVATIVE CRIES ABOUT THE MOUNTING DEFICIT?! Answer- nowhere... the deficit is NEVER a problem for the GOP when the GOP is in control.
This is analogous to a private citizen deciding to send his teenager to an Ivy League school ... and THEN asking his boss to
cut his pay!.
After the crash of 29, A GOP president decided that Cutting the deficit was the most important thing... and the result was that something that was really bad in 29, became disastrously bad by 32.
FDR did the opposite, initially... he deficit spent by investing in infrastructure all across the US... putting people to work building Future productive capacity and opportunity. And it was working really well, in his first 4 years FDRs programs significantly reduced unemployment.
However- the GOP, winning back a chamber of congress, railed all about the deficit... and in his second term FDR had to compromise and allow cost cutting...
The result? The depression worsened.
The stimulus spending under FDR was not enough to counteract the damage.
UNTIL WHAT? WWII. The US incurred MASSIVE deficit spending in prepping and prosecuting that war. Thanks to water, power and road projects paid for by FDR, US industry was, at the time, the most advanced and efficient in the world... and it was the productivity brought on thru Massive government spending that finally pulled the US out of the depression.
The GOP is a bunch of LYING TRAITORS to the American working class.
They GOP leadership knows full well that the deficit is bullshit. That's why they don;t make any noise about it when they have the wheel.
They know full well that Massive government spending is the ONLY thing that makes the economy recover from a bad time- That is partly why they spent so massively after the DotCom bubble burst in 2000.
AND they know full well that CUTTING SPENDING- when the economy is on the ropes -
makes the economy worse.
THAT IS
EXACTLY WHY THEY WANT TO CUT SPENDING... to make the economy worse, to KEEP americans unemployed, so they will take out their frustration on the president in the next election.
That was their strategy against FDR and that is what they are doing now.
Oconnel even flat out said that that is the SOLE objective of the GOP in congress... NOT to rescue the economy, but to defeat Obama
The GOP could give a shit about the suffering of the working class... they are simply USING it to try and get power back, so they can shift MORE public money into private hands, faster.
The TRUTH is... Cutting spending is what you do, since the economy is back... the truth is that the government HAS to deficit spend in bad times, to help the economy recover.... However it is USELESS for the government to spend on disposable things like missiles and ammunition.
Government deficit spending in a recession is an INVESTMENT in the future.
So that money should be spent only on things that promise to return more than they cost in future productivity.
like improved roads and rail, Like modernizing our power and wireless grids, like new technologies that will make the US less dependent on environmentally devastating energy sources.
These employ the blue collar class... puts money in their pockets and they spend that money.... that money can then rise thru the economy- doing work all the way... and don't you fret for the wealthy... they will still get their share of the profits on all those goods and services.
Stop being a tool of idiotic emotionalism that is meant to manipulate you to be pissed off at people who have Nothing, when you should be pissed off at the people who have EVERYTHING.
Try educating yourself as to where your REAL self interest lies, and what policies are actually doing the damage that YOU have to suffer.
If the GOP policies worked at anything other than transferring ever more wealth to the already wealthy... I would be in favor of them.
But they don't work. They have impoverished this nation.
Our roads are crumbling... why? Because ever since Reagan people have been sold this stupid idea that Government is "bad". and allowed their proud and powerful country to be disemboweled.
We are rapidly being passed by, by other countries where people still demand that their government be a tool for solving problems... rather than avoiding them.
When times get tough, you tighten your belt, sure...
But if you need to incur debt, to buy a new car, because That car will allow you to get to a better paying job... then you BUY THE CAR.
And when you don't have enough money to pay for grandma's medicine.... you DONT just cut her off and let her die...
You get a SECOND job and make more money.
cutting revenue while increasing spending thru two wars was Financially Irresponsible. De-regualting banking and finance and markets LEGALIZED fraud and market manipulations that RUINED the world wide economy....
And that was ALL the GOP.
THAT is where our massive deficit came from. 30 years of UNDERFUNDING govenrment. And GOP doubling of deficits.
All economic indicators were falling off a cliff during Bush's last two years.
It only took Obama and a democratic congress 5 months to halt that fall, and since then every economic indication has reverse and is improving.
And the GOP winning back the house has only SLOWED the recovery.
face the facts.
Start basing your political ideology on what really happened and why... and not on some emotional pack of outright lies and misinformation.