Pay attention to their actions; ignore their words.
The Republican definition of “fiscal responsibility” is “make the rich richer and the poor poorer.”
Remember last fall when House Republicans, led by Minority Leader John Boehner, whined that they were forced to kill the Bush administration’s bank bailout bill because Speaker Nancy Pelosi had given a speech that hurt their feelings?
Well, they are back with another howler — and a reminder why the GOP is no longer the nation’s dominant political party.
This week, House Republicans voted in lock step against President Obama’s economic stimulus package, using as one excuse their deep concern about the impact of government spending on the future debt burden of America’s “children and grandchildren.”
In their slavish devotion to Hooverism, today’s Republicans are repeating the mistakes that banished their party to the political wilderness in the ’30s.
Boehner and his colleagues should worry less about what today’s children and grandchildren will inherit from an Obama administration and spend more time trying to undo the present-day lessons taught by business chieftains, to wit, that:
- Need and greed are synonymous. (How else do they give themselves $20 billion in bonuses as their companies sink in a sea of red ink?)
- Government bailouts trump creating and saving jobs.
- Business tax credits are superior to investment in programs that repair holes in the social safety net.