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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Wednesday, April 06, 2011

High stakes gamble with our money

As the Washington political poker game drags on, it's wise to recall Senate Minority Leader Mitch McConnell's declaration that the Republicans top priority is to make Barack Obama a one-term president.

How else to explain why, with the economy starting to recover, does the GOP seem intent on bringing everything crashing down in a escalating series of demands that are getting more, not less, strident.

A better economist than me has outlined what has happened in Europe, Britain in particular, as conservative governments put the brakes on struggling economic growth. And while unemployment still stands at 8.8 percent, that's better than it was when Obama took office.

Nor should we lose sight of how we got here: massive Republican tax cuts and a lack of regulation that allowed wild speculation that led to a crash almost as large as the Great Depression, another GOP-inspired economic catastrophe.

A new cottage industry has sprung up on the web and in the mainstream media -- wondering if Ronald Reagan would be comfortable in today's Republican Party. While he was the author of the same sort of reckless no tax and spend policies that highlight today's GOP, Reagan was the opposite of the polarizing figure that defines today's Republican "leaders."

Reagan, you recall, knew enough to sit down with House Speaker Tip O'Neill and craft compromises that served a majority of Americans. Bullied by today's ideological warriors, Speaker John Boehner just keeps raising the ante.

If Republicans cared about anything other than defeating Obama, they would be wise to follow their icon's lead.

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1 Comments:

Anonymous arealpastiche said...

Well said. The primary direction of the majority of the Rs has been to obstruct progress, not to help construct solutions to real issues. Not a big Reagan fan, but wishing we had someone who'd lead through compromise right now.

April 06, 2011 7:10 AM  

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