Wednesday, July 13, 2011

Who's the Alternative?

Mike Whitney, at Counterpunch (from nc links):
Look; unemployment is over 9% and rising. The states are firing tens of thousands of teachers and public employees every month because they need to balance their budgets and they're not taking in enough revenue. The stimulus is dwindling (which means that fiscal policy is actually contractionary in real terms) And the 10-year Treasury has dipped below 3 percent (as of Monday morning.) In other words, the bond market is signalling "recession", even while the dope in the White House is doing his utmost to slice $4 trillion off the deficits.
Does that make any sense?
Maybe if you're Herbert Hoover, it does. But it makes no sense at all if you were elected with a mandate to "change" the way Washington operates and put the country back to work. Obama is just making a bad situation worse by gadding about in his golf togs blabbering about belt tightening. It's enough to make you sick.
Get with the program, Barry, or resign. That would be even better. Then maybe we can find someone who's serious about running the country.
I'm not sure who that serious person will be.  I have to admit, Obama has been sounding like a Republican for a while, considering how badly the economy is slipping.  But I have to say, if he wasn't there being slightly less bad than today's collection of morons passing for the Republican Party, who would step into his place?  It is pretty clear that at least 45% of the country can't handle anything like a Democrat being in charge of things, and who would they put in his place, Michele Bachmann?  Sarah Palin?  Rick Perry?  To be a part of today's GOP, you have to ignore all facts and approach governance with a faith-based approach.  All evidence shows the Bush administration cut taxes and weakened regulatory oversight, and we didn't get any job creation.  So what's the Republican plan for improving the economy?  Less government spending (while we are trying to recover from the largest recession since the Great Depression), cutting taxes and weakening regulations.  Didn't work before, but let's double down.  What the fuck?  Does that make sense to anyone?  Imagine beating your head against a wall to try to get rid of a headache.  After a while, you just have a bigger headache.  What should you do, quit beating your head against the wall, or do it faster?  Lets not get rid of Obama before we find somebody sane to replace him.  I don't see any candidates among the GOP, and if the nutters think Obama is a socialist what are they going to do if a person comes in and uses fiscal policy to the extent necessary to create jobs.  They'll be shooting people.  Obama's the best option we have until we can clean out the loons in Congress in 2012.  Until then, he is the only thing between us and Crazy Town.  We may end up with entitlement cuts, but anything is better than the Republican alternative, just look to our Republican governors in the Midwest.

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