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Massachusetts Liberal

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

Saturday, February 11, 2012

George W. Who?

Anyone who stays on top of today's political news knows there's a strange disease going around: GOP Amnesia.

Republicans, it seems, have lost eight years from their lives. The calendar jumped directly from Jan. 20, 2001, when Bill Clinton left the nation with a $1.9 billion budget surplus to Jan. 20, 2009, when Barack Obama moved into the White House with a $1.3 trillion deficit.

To hear GOP presidential hopefuls strutting their stuff at the CPAC convention, all the fiscal problems this nation faces started on that day in 2009. Listen to our "severely" conservative former governor, Myth Romney:
“We will remind Americans that during this president’s term we have seen record high job losses and record home foreclosures. We will not be lectured to on values by the man whose ineptitude and failure has created so much unnecessary pain for our fellow Americans,’’ Romney said.
No memory of the two credit card wars or the non-existent regulation that allowed Wall Street executives to make billions off Ponzi scheme-like tools such as sub prime mortgages and collateralized debt obligations. Certainly no memory of the 2008 decision to offer a hand to the millions of men and women employed by General Motors, Chrysler and their suppliers.

It's as if eight years just vanished, all traces of the Republicans who held congressional majorities from 2003 to 2007. We certainly have lost sight of the man who held the keys to the Oval Office during those years.

No Myth, we need to remind Americans about the Man Whose Name You Dare Not Speak, the author of the failed policies that Obama has spent three years trying to clean up while you and your cohorts run from the party's legacy of incompetence.

Here's a hint as you try to wrack your memory: his name is not Katrina.

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Anonymous Brian said...

You just do not understand. I read some right wing blogs and some very right wing blogs before Obama took office. They all agreed that once Obama took office anything that happened would happen due to his policies. They were tired of defending the poor record of President Bush, instead also blaming the Democratic lead Congress that took control in January 2008. At the same time they blamed Clinton throughout Bush's tenure for everything that went wrong. They blamed Clinton for 1993 WTC bombing, when he was in office just 1 month, and blamed him for the 2001 WTC distaster, after he was out of office for 9 months.

The problem is they mostly leave in a fallacy land where policies of the 1880s are relevant today. They throw out numbers that actually do not represent what is happening (ie. corporate tax vs actual corporate tax paid). The party of Lincoln and Teddy Roosevelt are now the exact opposite of what they believed. Then again, they do have a Robber Baron and a person who believes the 1300s were great for America running for President.

February 12, 2012 11:10 AM  
Anonymous Anonymous said...

The problem is the simplistic understanding of the economy by those who support Clinton (and GW). To believe that the repeal of the Glass-Steagal controls (by Clinton) didn't have any effect on the future problems is to be blinded by party loyalty. Business cycles take more than 4 years to work themselves out and to peg accomplishments(or blame) to particular 4 years terms is so naive that the discussion about the economy are useless. Just go back to Clinton good, Bush bad.

February 13, 2012 5:21 AM  
Anonymous Brian said...

Yes, Phil Gramm (R-Texas) inserted the death blow into the Financial Services Modernization Act of 1999 that repealed Glass–Steagall Act and Clinton signed it. That does not discount that the actions of Bush, who with the Republican controlled Congress, gutted oversight and loosened rules.

February 13, 2012 7:42 AM  
Anonymous Anonymous said...

They all have blood on their hands, from Barney Frank to Dodd to Pelosi and Bush. Why has it taken so long to get a simple idea, congressmen shouldn't benefit from insider trading, on the books? Both parties screw the average worker, personally I fear it will get worse if Barack is in again but who knows. I do know Obamacare has negatively impacted me so I want him out.

February 13, 2012 8:15 AM  

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