Monday, February 09, 2009

Fear itself

Recently our Congressman, Steve King wrote an op-ed piece where he tried to make voters afraid of the Stimulus package currently before the Senate by comparing Obama's strategies to those of FDR. King wants to blame the Great Depression.
"The short-term result of FDR's spending was minimal. Food shortages remained, mil­lions of Americans still lacked jobs and true recovery did not occur. In the long run, FDR's stimulus led to higher tax rates and greater government in­volvement in Americans' lives. "
But tale a glance at this graph from the depression era and the correlation between New Deal policies and prosperity are pretty plain. You don't have to be an economist to see it. Once again, Republicans are pandering in fear and paralysis rather than practical, pragmatic action meant to bring about progress.

Stop listening to the fear-mongering. We need some good old fashioned Relief, Recovery and Reform. King and the national Republicans want to make us scared because they're scared because they were the ones who benefited most from dismantling all the New Deal reforms that Reagan and both Bushes managed to do over the last few decades. Lobbyists, special interest money and the whole culture of corruption were designed to take advantage of the working middle class.

The best thing for our economy would be if President Obama WERE more like FDR. Tell King to go back to school and take a few History and Economics classes.

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