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Posts Tagged ‘Unemployment Rate’

Tuesday morning on CNBC, the spazzy white guys in lower Manhattan were debating how the administration and Congress can best repair the economy, and mainly the jobless numbers. At one point, Rick Santelli, the hyperkinetic shoutcaster and instigator of the tea party movement, began to flail around, waving his arms above his head while yelling, “Stop spending! Stop spending! Stop spending!”

And contrary to accusations from one of the other spazzy white panelists, Santelli insisted he wasn’t calling for more tax cuts. Just a freeze in government spending. Somehow.

Fine. Show us another time in American history when a spending freeze — and a spending freeze alone — jump-started an economic recovery following a deep recession and high unemployment. Show us. Where in the world is Santelli getting this?

It doesn’t really matter from which hole Santelli’s latest television meltdown was extricated. Suffice to say, there is no historical precedent for any such thing. In fact, the often-referenced spending cuts of 1937 caused the opposite effect: a backslide in the economic recovery during the Great Depression. Oh, sorry. There we go again — referencing actual “history” instead of just screeching incongruous, contradictory and unsubstantiated nonsense, which seems to be the accepted style of discourse these days.

Santelli’s rant is just another performance in a broader strategy by the Republicans and tea party movement to deliberately sabotage the economic recovery. Not unlike Santelli’s “stop spending” idea, this is a strategy which also, to the best of my knowledge, has no historical precedent. For the first time ever — and this is worth repeating — one of the two major political parties in America is sabotaging a delicate economic recovery for the sake of humiliating the president and his party, and subsequently recapturing a political majority.

More than a year ago, Rush Limbaugh both predicted this and set the table for it to occur. They want the president to fail, and now it’s clear that they’re willing to take the economic recovery down in order to make it so. Is there any doubt who leads the Republican Party?

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Two weeks ago in this space, I wrote about how the Democrats appear to be totally incompetent at ballyhooing their own successes. And make no mistake, there have been numerous legislative triumphs over the last year.

Really. No, seriously. Stop laughing. There have been.

They rescued the economy. They set new emissions standards. They protected two million acres of national forest. They passed legislation to help unemployed Americans to afford COBRA health insurance. They expanded affordable health insurance for children. They passed historic hate crimes legislation. They passed the largest middle class tax cut in American history. They’re tantalizingly close to passing health care reform. All of this despite a record number of Republican filibusters by the crackpot minority party.

So I have to ask: H-H-Hello? Anyone home?

Two events this week have served to illustrate my point about the ongoing failure of the Democrats to self-promote.

The Credit Card Accountability Responsibility and Disclosure Act of 2009 went into effect. Major Democratic triumph. At long last, some of the most predatory and nefarious scams orchestrated by one of the most predatory and nefarious industries have been officially banned. Of course the credit card companies will come up with new, cruel and unusual ways to screw us hard, but this was a major victory in the effort to reform the financial sector. No more random interest rate hikes. No retroactive rate hikes. Fair warning. Transparency.

But you’d never know it based upon the silence from Capitol Hill and the White House. It’s truly confounding. Where are the Democrats? They ought to be bumrushing everyone with a camera and a fake law library backdrop — thumping their chests about how this bill will make our lives just a little bit less complicated and costly. And holy hell, it was a totally bipartisan vote in the Senate, too. 90 to 5. The lawmakers who are scrambling to prove they’re “reaching across the aisle” and all that happy crappy glad-handing — all of the pandering to the voters who tell pollsters there’s too much partisan bickering, then turn around and vote along straight party lines — these Democrats ought to be the loudest and proudest of the bunch.

Hear that? Crickets chirping.

It gets worse.

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