Monday, November 1, 2010

Americans lack memories and understanding

The GOP has a 15 point edge over Dems in a poll taken over the weekend, on a national level. These are the same guys who led us into near depression, who let the banks create the bubble that burst and popped our economy, who started and did not finish 2 wars that have cost us about $1 trillion and thousands of lives. Does no one remember that?

America is angry, things are not going well, and the GOP has done a great job of selling Americans the completely wrong idea that is it the stimulus package and the health care bill that caused it all. Tea Partiers, may of whom never paid any attention before, are the most misled.

Here is a quick list of things that America in general seems to believe that is just plain wrong:

1) The Stimulus didn't work and was wasteful. Economists who have studies it say it did work, and that unemployment would have been far worse without it. While is certainly could have been designed far better, it was the right thing to do at the time. Yet people seem to be stupid enough to believe that it was supposed to get us back to 2006 overnight, after a free fall in the economy. If we had done nothing, the unemployment rate would be in double digits now, and kids would have very few teachers to complain about this Fall.

2) Democrats wasted tax money bailing out the banks. There are 2 things wrong with this one. It was Bush still in office when TARP was passed, although the Dems mostly supported this. More dangerous is the lack of understanding on how important the financial system is to our economy, and how letting it collapse in the 1930's caused the Depression the be so Great. Again, it could have been done better, and the people who caused the mess managed to bribe both parties enough to get off way to easily. But to have done nothing, which appears to be what the Tea-for-Brains bunch would have done, would have led to disaster. And notice it has cost far less than the $700B put at risk.

When the new Team Ignorance GOP gets to DC next year, look for things to get far worse. More pollution, less education, more God, less science, less rationality, more control of the country by big business. It is very hard for me to feel good about the future of this country.

1 comment:

Budd Bailey said...

My theory is that the government did too good a job on the financial crisis. People who don't pay close attention don't realize how close we came to an absolute mess, and therefore don't give credit to those who pulled it off.