After eight years of George Bush left the nation with the worst economic mess since the Great Depression, Republicans on Capitol Hill are still convinced that Congress and the president must do their bidding on the economy or else. All congressional Republicans voted as a bloc against the economic stimulus bill, still not convinced that after all their failures in economics that they are dead wrong that the package of job producing projects as well as tax cuts are the proper way to recover the economy. The Republican minority aren't living in reality here.
Congressional Republicans still think that massive tax cuts primarily for big business is the path to recovery, unlike the Obama and Democratic path that uses a variety of tools to regrow the economy. For the Republicans it's just more of the same wrong answers and more of what hasn't worked before all over again. For the Democrats history proved during the Roosevelt years that a wide variety of public works jobs and other projects helped to grow the nation out of the Great Depression. The Republican tax cuts can work, but usually only if a recession is not so deep, and take a great deal of time to trickle down to the average person. It's simply more of the same old tired Reagan-Stockman trickle down economics.
Part of the problem with the Republican thinking is that some economic conditions on Wall Street are actually worst than the Great Depression right now according to an analysis on CNBC. There is hardly time to wait around for tax breaks to big business to trickle down to average citizens as conditions rapidly deteriorate and more jobs are lost.
President Obama attempted to be a bridge builder and allow congressional Republicans input into the economic stimulus bill, and an attempt to climb onboard for their own political good . But instead they played the partisan politics card once again when so many Americans are suffering, by voting against the economic stimulus bill.
In 2012, when President Obama is running for re=election, voters will remember that he and the Democrats chose to rescue the economy, while congressional Republicans tried to keep the deep recession going because of their own political arrogance and downright stupidity. Congressional Republicans are quickly painting themselves into a political corner by voting against reasonable efforts to rescue the economy and allowing political screwballs like Sarah Palin to act as their most public face.
Some might think that some American automobile brands are under poor management, but compared to the poor political management of the Republicans, Detroit actually looks pretty good to me. The congressional Republicans and their political party are in a deep leadership depression right now.
Note: Wizbang Blue is now closed and our authors have moved on. Paul Hooson can now be found at Wizbang Pop!. Please come see him there!