2 Quotes for the Morning – both about the Unreality of John Boehner’s economic views.

The Orange Cryer has Flipped!

If you heard the Speaker make hos speech the other day then you know he is insisting on spending cuts before the debt ceiling can be raised. He is also pushing the classic Republican point of view on cutting taxes on the rich because they will invest in American jobs. Of course they haven’t in the last couple of years as their taxes were slashed.

Perhaps Boehner is not aware that the “trickle-down theory” didn’t work for Reagan or either one of the Bushes. Republicans have limited historic vision… primarily because it is the multimillionaires that provide their funds.

As James Rowley and Mike Dorning said on Bloomberg this morning:

“Boehner’s statement in his Wall Street speech that government spending ‘is crowding out private investment and threatening the availability of capital’ runs counter to the behavior of credit markets… Boehner also said the 2009 stimulus program ‘hampered job creation in our country,’ a view at odds with the Congressional Budget Office‘s findings last August. The stimulus package increased the number of people employed by between 1.4 million and 3.3 million and cut unemployment by between 0.7 percentage point and 1.8 percentage point, according to CBO.”

And Ruth Marcus in the Washington Post said:

“Even more alarming, because it has consequences beyond the debt-ceiling debate, is the incoherent, impervious-to-facts economic philosophy undergirding Boehner’s remarks.”

I suppose this means that, as long as we have Boehner sitting with his historical misinformation, we will have one hell of a time straightening out our economy.

About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on May 11, 2011, in budget, Business, campaign, Congress, Corporations, Economics, election, Finance, government, Health Care, history, Labor, Legal, Lies, News, Opinion, Politics, President Obama, Taxes, Television, Warning, Word from Bill and tagged , , , , , , , , . Bookmark the permalink. Comments Off on 2 Quotes for the Morning – both about the Unreality of John Boehner’s economic views..

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