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Obstruct and Exploit

Posted on September 10th, 2012 at 21:48 by John Sinteur in category: News -- Write a comment

[Quote]:

Think of it as a two-part strategy. First, obstruct any and all efforts to strengthen the economy, then exploit the economy’s weakness for political gain. If this strategy sounds cynical, that’s because it is. Yet it’s the G.O.P.’s best chance for victory in November.

But are Republicans really playing that cynical a game?

You could argue that we’re having a genuine debate about economic policy, in which Republicans sincerely believe that the things Mr. Obama proposes would actually hurt, not help, job creation. However, even if that were true, the fact is that the economy we have right now doesn’t reflect the policies the president wanted.

Anyway, do Republicans really believe that government spending is bad for the economy? No.

Right now Mitt Romney has an advertising blitz under way in which he attacks Mr. Obama for possible cuts in defense spending — cuts, by the way, that were mandated by an agreement forced on the president by House Republicans last year. And why is Mr. Romney denouncing these cuts? Because, he says, they would cost jobs!

This is classic “weaponized Keynesianism” — the claim that government spending can’t create jobs unless the money goes to defense contractors, in which case it’s the lifeblood of the economy. And no, it doesn’t make any sense.

  1. One could argue that he wasn’t “forced”. It was a bad negotiating position that he chose.

  2. One can also say that the United States spends more on arms, armies and weapons of mass destruction than the entire rest of the world combined, while 21% of American children live in poverty, while schools are over crowded and falling apart, while we continue to fall behind in sciences and engineering that once made us the envy of the world, rather than our current status as the third-greatest threat to world peace behind North Korea and Iran.

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