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AP: Is GOP Trying To Sabotage The Economy?

From the Associated Press:

Is GOP trying to sabotage economy to hurt Obama?

By CHARLES BABINGTON
Sat, May 19, 2012

WASHINGTON (AP) — Are Republican lawmakers deliberately stalling the economic recovery to hurt President Barack Obama’s re-election chances? Some top Democrats say yes, pointing to GOP stances on the debt limit and other issues that they claim are causing unnecessary economic anxiety and retarding growth.

"Some top Democrats" being Chuck Schumer, who has been pushing this propaganda for a couple of years now.

And, naturally, our one party news media has reported Mr. Schumer’s absurd charge a number of times now? Despite the fact there is no evidence for his claims whatsoever.

Meanwhile, when the our news media and the rest of the Democrat Party actually were trying sabotage the economy by talking us into a recession, starting before the midterms in 2006 and continuing on until the 2008 elections, we never heard one word about it.

The latest Democratic complaint came after House Speaker John Boehner said Tuesday that when Congress raises the nation’s borrowing cap in early 2013, he will again insist on big spending cuts to offset the increase. Boehner, R-Ohio, continues to reject higher tax rates, which Democrats demand from the wealthy.

That led Sen. Chuck Schumer, D-N.Y., to say Boehner is virtually assuring another debt-ceiling crisis as bad or worse than the one that shook financial markets nine months ago.

"The last thing the country needs is a rerun of last summer’s debacle that nearly brought down our economy," Schumer said in a statement. In an interview, Schumer added: "I hope that the speaker is not doing this because he doesn’t want to see the economy improve, because what he said will certainly rattle the markets."

These crucial decisions will occur after the presidential election. But investors, planners and business owners make decisions about hiring, expansion and investments months in advance. The more they worry about a serious economic downturn in nine months or so, the more reluctant they are to expand operations and hire workers now.

"All that uncertainty has us cautious, and we’re scaling back our hiring expectations," said Eric Remington, vice president of Kaman Corp., which recently canceled plans to hire 200 new workers at a defense aerospace plant in Jacksonville, Fla

And defense cuts have nothing to do with it. It is the "uncertainty."

Schumer and other top Democrats have said for months that GOP lawmakers may be trying to strangle the economic recovery for political reasons.

"Their strategy is to suffocate the economy for the sake of what they think will be a political victory," Obama’s campaign manager, Jim Messina, wrote in an email to supporters last October, when Congress was debating a jobs bill.

Senate Majority Leader Harry Reid, D-Nev., said his Republican counterpart was not cooperating on that legislation "in hopes that he can get my job, perhaps."

Maryland Gov. Martin O’Malley, chairman of the Democratic Governors Association, told The Associated Press last year that some GOP lawmakers, "through their intransigence, cleverly set up a situation for America’s economy to fail, either by needlessly driving us to default, or needlessly driving us into massive public-sector layoffs."

Republicans say it’s absurd to make such an accusation. They point to bipartisan efforts to pass jobs-creation bills, trade pacts and, after some arguments, an extension of the payroll tax cut that Obama originally had proposed for only one year…

As for the debt limit, "allowing America to default would be irresponsible," Boehner said Tuesday at an economic forum. "But it would be more irresponsible to raise the debt ceiling without taking dramatic steps to reduce spending and reform the budget process."

Democrats say that’s precisely the type of economic saber-rattling that can frighten investors and employers, and damage Obama’s re-election hopes. Boehner disagrees

The Democrats and their news media pull out this charge of "sabotage" to try to get everything they want. They used it when Republicans were fighting tax increases, and when they fought the payroll tax holiday extension. And now they are using it to try to stop the Republicans from opposing the upcoming ‘debt ceiling’ increase.

So this might be a good place to discuss the ‘debt limit.’ At the moment, the debt limit negotiations are the only place where Republicans have any input at all on government spending. Since the Democrats have refused to allow a budget to be created for three years. Which they are doing to lock in the sky high spending they put into the budget when they has super majorities in both houses in 2007 and in the first years of the Obama administration. Spending they said they had to do to overcome the Bush recession. Well, that recession has supposedly been over for almost three years now.

But without a real budget no cuts in government spending can be made. As long as the government is funded through ‘continuing resolutions,’ spending rates have to be kept at the same levels. The Republicans have no other options. The only way they can cut spending is in these negotiations over the ‘debt limit.’ They are the only place they can wring any concessions at all out of the Democrats.

And that is why it is so important for the news media and the rest of the Democrat Party to try take even this minor power away from the Republicans. That is why they both constantly tell us, "let’s just raise the debt limit, we can’t keep having this battle every year, it’s preposterous." They want to put an end to the only way the Republicans can affect the budgeting process at all. — It’s really that simple and that obvious.

But just imagine the howls of outrage from our news media and the rest of the Democrat Party if the Republicans were refusing to pass a budget for years in order to lock in their spending cuts. Just imagine the outrage if they were doing everything they could to keep Democrats from having any say at all in how the government is funded.

This article was posted by Steve on Monday, May 21st, 2012. Comments are currently closed.

One Response to “AP: Is GOP Trying To Sabotage The Economy?”

  1. untrainable says:

    S.O.S.D.D. It’s never enough that Dems get what they want, they have to make sure someone else takes the blame for their folly. Everything Oblameless has done since he entered office has been a drag on our economy. Yes, our economy is strong. The fact that it hasn’t collapsed completely under the stresses of government attempts at control is a compliment to the economy, not to Obama’s policies.Whatever strength there is, is in spite of Obama, not because of him. Chuck U isn’t fooling anybody.


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