Kevin Drum looks back on the last decade:
Republicans got the tax cuts they wanted. They got the financial
deregulation they wanted. They got the wars they wanted. They got
the unfunded spending increases they wanted.
And the results were completely, unrelentingly disastrous.
- A decade of sluggish growth and near-zero wage increases.
- A massive housing bubble.
- Trillions of dollars in war spending and thousands of American
lives lost.
- A financial collapse.
- A soaring long-term deficit.
- Sky-high unemployment.
All on their watch and all due to policies they eagerly supported.
And even worse, ever since the predictable results of their
recklessness came crashing down, they've rabidly and nearly
unanimously opposed every single attempt to dig ourselves out of
the hole they created for us.
But despite the fact that this is all recent history, it's
treated
like some kind of dreamscape.
No one talks about it.
Republicans pretend it never happened.
Fox News insists that what we need is an even bigger dose of the
medicine we got in the aughts, and this is, inexplicably, treated
seriously by the rest of the press corps instead of being laughed
at.
Via Washington Monthly - More at link:
http://www.washingtonmonthly.com/political-animal/2011_07/we_tried_it_th\
eir_way030646.php
<http://www.washingtonmonthly.com/political-animal/2011_07/we_tried_it_t\
heir_way030646.php>
