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Tuesday, May 24, 2011

The Tax and Spend Democrats

Jamelle Bouie (via Delong): Both Paul Ryan and John Boehner voted for the Bush tax cuts, the wars in Iraq and Afghanistan, Medicare Part D and deregulatory policies that contributed to the financial collapse. As director of OMB under President Bush, not only was Mitch Daniels chief advocate for the president's tax cuts, but he consistently lowballed the cost of the Iraq War, promising a $60 billion adventure instead of a trillion dollar quagmire. And now, we're treated to a host of Republican proposals that promise to increase debt over the next decade, cut taxes for the wealthy, and reduce the social safety net to tatters. Actual budget seriousness has evaded the Republican Party for at least a decade, if not more, but this has yet to make a dent in the public consciousness. It's baffling.























Brad DeLong: It's not one decade. It's three. And it has yet to make a dent in the public consciousness because a lot of reporters work hard to try to keep it from making a dent in the public consciousness.

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