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View Diary: The Return of the Hoover Party (25 comments)

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  •  Andrew Koppelman, over at Balkinization (10+ / 0-)

    made an observation on Friday that a failed DeMint amendment was particularly revealing.

    Senator James DeMint offered a substitute bill for President Obama’s stimulus package that would consist of nothing but tax cuts, most notably a massive reduction of the top income tax rate from 35% to 25%. The amendment was defeated, but 36 out of the 41 Republican senators voted for it.

    The vote makes clear that most Republicans fundamentally disagree with the Keynesian premises of Obama’s stimulus package. Their public statements have harped on details of spending, but the DeMint vote shows that they are opposed to any attempt to stimulate the economy by government spending. They are unalterably convinced that tax cuts are the universal elixir for any economic problem. Under these circumstances, bipartisanship is a delusion. Democrats and Republicans have nothing to negotiate about.

    Let the great world spin for ever down the ringing grooves of change. - Tennyson

    by bumblebums on Sun Feb 08, 2009 at 05:05:36 PM PST

    •  "Determined" More Than "Convinced" (3+ / 0-)
      Recommended by:
      tabbycat in tenn, alizard, brushysage

      Their goal is to restore gilded age (or worse) economics, a few uber wealthy, a modest middle class which is very rich, and the rest working poor.

      There is no purpose for the goal, that's it entirely. They haven't the least interest in the condition of the country, not in a globalized economy.

      I doubt that many of the more powerful among them are "convinced" that this will "work" in any way, first because they know better, and second because it's of no consequence to them either way.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Sun Feb 08, 2009 at 05:18:25 PM PST

      [ Parent ]

    •  Sounds to me as if their philosophy is thrashing (0+ / 0-)

      around in its death throes, and the Republican Congress persons are still in denial.

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