Wednesday, January 11, 2012

The hoodwinked Americans.

The New York Times editorial page has it right. The Republican presidential candidates’ economic arguments are disturbingly disconnected from economic reality. They speak of government spending as if it were the sole cause of the federal budget deficit and cutting it the sole solution. In reality, it was tax cuts for the wealthy, an assault on social programs and a deregulatory zeal that allowed a recklessness that led to near economic collapse. The Republicans are calling for more of the same things that got us into an economic mess. And the tragedy of it all is that many Americans are stupid enough to be hoodwinked into believing Republican babble. --Jim Broede

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