I wonder if this country can handle the crisis we’re in. Remember, John Boehner is, in effect, the second-most influential member of the GOP (after Rush Limbaugh). And while Democrats hold a majority, it’s not enough of a majority to make the minority party irrelevant.
So the fact that Boehner’s idea of economics is completely insane matters.
What’s insane about Boehner’s remark? He’s talking about the current economic crisis as if it were a harvest failure — as if we faced a shortage of goods, so that the more you consume the less is left for me. In reality — even most conservatives understand this, when they think about it — we’re in a world desperately short of demand. If you consume more, that’s GOOD for me, because it helps create jobs and raise incomes. It’s in my personal disinterest to have you tighten your belt — and that’s just as true if you’re “the government” as if you’re my neighbor.
Plus, who is “the government”? It’s basically us, you know — the government spends money providing services to the public. Demanding that the government tighten its belt means demanding that we, the taxpayers, get less of those services. Why is this a good thing, even aside from the state of the economy?
Again, this is what the leaders of a powerful, if minority, party think. Can this country be saved?
Just as an aside... because i'm now playing so much catch up with my blog consumption I tend to go through one blogger at a time... which means my blogging goes in theme's. Its as if i'm a Krugman drone... and then i'm a Dean Baker drone... and then I'm a brad delong drone... and then and then and then...
automaton bloggers unite!
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