Five Ways Republicans have Sabotaged Job Growth - ThinkProgress
Here's a summary of the GOP efforts to sabotage the economy which you can be sure neither Charlie Rose or PBS Newshour GOP puppets won't bring up when they parrot the GOP talking point that current employment situation is the result of Obama's 'failed policies'--- as if Obama has been able to enact everything he has wanted - to repair the economy from the GOP's Trickle Down Deregulation Disaster. Rose, in particular, is in the habit of saying 'Obama has made the economy worse since he's been in office'. His opinions must be fed to him by Karl Rove, or Grover Norquist. It's sickening how Rose seems to enjoy performing for the GOP (diving for dollars).
http://thinkprogress.org/economy/2012/07/06/511940/5-ways-republicans-sabotaged-job-growth/
1. Filibustering the American Jobs Act. Last October, Senate Republicans killed a jobs bill proposed by President Obama that would have pumped $447 billion into the economy. Multiple economic analysts predicted the bill would add around two million jobs and hailed it as defense against a double-dip recession. The Congressional Budget Office also scored it as a net deficit reducer over ten years, and the American public supported the bill.
2. Stonewalling monetary stimulus. The Federal Reserve can do enormous good for a depressed economy through more aggressive monetary stimulus, and by tolerating a temporarily higher level of inflation. But with everything from Ron Paul’s anti-inflationary crusade to Rick Perry threatening to lynch Chairman Ben Bernanke, Republicans have browbeaten the Fed into not going down this path. Most damagingly, the GOP repeatedly held up President Obama’s nominations to the Federal Reserve Board during the critical months of the recession, leaving the board without the institutional clout it needed to help the economy.
3. Threatening a debt default. Even though the country didn’t actually hit its debt ceiling last summer, the Republican threat to default on the United States’ outstanding obligations was sufficient to spook financial markets and do real damage to the economy.
4. Cutting discretionary spending in the debt ceiling deal. The deal the GOP extracted as the price for avoiding default imposed around $900 billion in cuts over ten years. It included $30.5 billion in discretionary cuts in 2012 alone, costing the country 0.3 percent in economic growth and 323,000 jobs, according to estimates from the Economic Policy Institute. Starting in 2013, the deal will trigger another $1.2 trillion in cuts over ten years.
5. Cutting discretionary spending in the budget deal. While not as cataclysmic as the debt ceiling brinksmanship, Republicans also threatened a shutdown of the government in early 2011 if cuts were not made to that year’s budget. The deal they struck with the White House cut $38 billion from food stamps, health, education, law enforcement, and low-income programs among others, while sparing defense almost entirely.
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responsible for the current economic situation - as if he was able to do everything he wanted to do.
The Corporate media talking heads keep reinforcing this meme when they say: "Why can't Obama do more with the economy?", or: "Obama just doesn't seem to be able to get the economy humming again.", or: "Can anybody make the economy work?"
They know the GOP has prevented Obama from doing all that he wanted to do. They know the GOP forced Obama to down-size the initial stimulus bill (ARRA). They know that almost causing a default on the U.S. dept shook the business community into being very wary of addding full-time people. Businessmen worry that the GOP might actually cause a Government shut-down, or a default, or use any number of destructive Political Legislative Explosive Devices -- which would send us back into a deeper recession. So businesses are holding off hiring as many full-timers as they would have - had they seen more responsible (pro-America) behavior (or at least not aimed at killing the recovery) by the GOP in Washington.
The M$M are an integral part of the GOP's campaign of disinformation. Advertizing dollars, and corporate ownership are very effective tools to get the right kind of editorialising by implication in ostensibly 'fact based' news reports. By implying a proposition over and over again, the non critical thinkers (or even those who just aren't giving their full attention to what's being said on the news) begin to absorb the proposition as accepted fact. Eventually, the 'pigeons' have opinions that are not really their own but were fed to them by GOP's skanks impersonating tv journalists (I'm not a journalist, I just play one on tv!"
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recommended.
[FONT SIZE="4"]YOUR ECONOMY ON REPUBLICAN POLICIES[/FONT]
This is what policies of inequitable taxation and deregulation gets you.
