Voices Faulting G.O.P. Economic Policies Growing Louder

nytimes.com:

WASHINGTON -- The boasts of Congressional Republicans about their cost-cutting victories are ringing hollow to some well-known economists, financial analysts and corporate leaders, including some Republicans, who are expressing increasing alarm over Washington's new austerity and antitax orthodoxy.

Read the whole story: nytimes.com

Comments

[mamacat]

05:21 AM on 08/16/2011

GOP economic policies are causing the ruination of the global economy. Their one and only claim to fame is to insist that we should double down on the same policies that got us into this economic disaster.

[pappyvet]

09:16 PM on 08/15/2011

Its all about divide and conquer. Feed as many as you can a diet of hatred. Bring out the calculators and limit the talk about any suffering. Destroy if possible the "better Angels of our nature' and instead,paint those of our fellow countryfolk as being stinking bums,all the better if they are brown or black. Addict as many as you can with the hatred drug and since most are prone to this particular addiction anyway, keeping them is not difficult.

[hardlyhikin]

03:14 PM on 08/15/2011

Can any tea-partier cite me just one example in our nation's history where cutting spending has resulted in any kind of growth?

I heard this morning on CNBC that Carl Icahn made something like $473,000 on some stock transaction today. Can we not stipulate that he should be paying more than 15% on deals like this? Would it kill him to have to pay $185,000 (39%) on this type of a deal rather that $71,000 (15%)? Does he need the extra $114,000 that bad?

[1southernbelle]

01:49 PM on 08/15/2011

Quote from the NYT article "macroeconomists and private sector forecasters were warning that the direction in which the new House Republican majority had pushed the White House and Congress this year — for immediate spending cuts, no further stimulus measures and no tax increases, ever — was wrong for addressing the nation’s two main ills, a weak economy now and projections of unsustainably high federal debt in coming years.

Instead, these critics say, Washington should be focusing on stimulating the economy in the near term to induce people to spend money and create jobs, while settling on a long-term plan for spending cuts and tax increases to take effect only after the economy recovers."

That should say it all.

[humorzhumors]

06:14 AM on 08/15/2011

Washington DC smells "caca".

[humorzhumors]

06:14 AM on 08/15/2011

W mor*n.

[humorzhumors]

06:13 AM on 08/15/2011

Ok. Tea-Party. Come up with something intelligent!

[humorzhumors]

06:10 AM on 08/15/2011

Compared to Reagan, Mr W is the worst nightmare ever happen to USA!

[humorzhumors]

06:09 AM on 08/15/2011

Delen el culo a los republicanos, especialmente patrioticos de mierd* de las fuerzas armadas.

[humorzhumors]

06:05 AM on 08/15/2011

Thanks W. Irak War was a good deal! Trillions came in as cash in debt!

[humorzhumors]

06:00 AM on 08/15/2011

Our asses belongs to China.

[humorzhumors]

06:00 AM on 08/15/2011

Thanks Cheney! Your dream has come true and USA will sink soon!

[humorzhumors]

05:59 AM on 08/15/2011

Washington DC. "cattle running USA"

[humorzhumors]

05:57 AM on 08/15/2011

More horses**t. Covering war mess up!

[humorzhumors]

05:56 AM on 08/15/2011

We pay Bush war wuth our social security!