As Barack Obama offers a jobs package and a "super committee" weighs how to tame the deficit problem the GOP only discovered after Obama took office, Johnny One Note is offering his take on what America needs to do to get back on its feet.
And it's exactly what every respectable economist suggests is the wrong idea: more of the same.
Boehner is telling the committee taxes are off the table as a solution to the problem caused by reckless spending on credit card wars and Bush tax cuts for the rich that virtually mirror the size of the chasm.
“It’s a very simple equation,” Mr. Boehner said in a speech to the Economic Club of Washington. “Tax increases destroy jobs. And the joint committee is a jobs committee. Its mission is to reduce the deficit that is threatening job creation in our country.”Not that the GOP has done much in the way of job creation. What exactly is their plan anyway -- other than more tax cuts for the "job creators" who haven't created any?
Granted this is largely political posturing - as we get closer to the deadline and the threat of mandatory cuts anathema to the GOP -- like reductions in the bloated defense budget -- things will get a bit more serious.
But for now Boehner has poo-pooed both the Obama jobs proposal (tax cuts to the middle class he proposes to pay for withe the elimination of tax loopholes) and the work of the super committee. At the same time, he has offered nothing concrete to address the jobs issue.
If we could levy a tax on political posturing and hypocrisy, we'd have a surplus in no time.