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Friday, August 12, 2011

THE SHELL GAME EXPOSED

The continued refusal of the Republican Congressional leadership to see that this is no time for austerity is beginning to be exposed for the fundamental paradox that it is. A fake. A game. Contrived or just wrong headed, it is beginning to be assaulted even by other knowledgable Republicans.

G.O.P. on Defensive as Analysts Question Party’s Fiscal Policy

And they are getting worse. The "debate" between Republican primary candidates was a hug fest to the right wing. Every one said that there should be a balanced budget amendment.

No there should not. There should be a short term stimulus and a long term plan to give the debt a soft landing.

Obama is going on the attack with this. Pelosi says that her candidates for the mega-panel on debt will be pushing jobs and stimulus as a way to increase revenue.

This is the broken leg of the Republican's policy. Their refusal to consider revenue as a resource to cut the debt. Whether increased taxes for the rich, which a huge majority of the people support, or stimulus to increase federal revenue out of higher GDP.

And so on. I think I know which shell the pea is under and so do a lot of other people.

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