Deficit, Schmeficit?
Have you noticed a transformation in the Democrat's narrative lately?
Well, apparently debt and deficits don't matter anymore. Convenient, huh? Yep, the gang that just rung up the largest monthly deficit in history—larger than the shortfall under George W. Bush for the entire year of 2007—is changing its tune.
That's right, folks. Liberal talking points are being rewritten faster than Glen Beck can say George Soros is subverting America.
Mind you, these are the same Democrats that screeched continuously about the red ink that Republicans were spilling under Bush 43. Of course, those protestations were always quite humorous considering that every program on which the Republicans spent money, the Democrats wanted to spend more—considerably more. Political sophistry at its best.
So, when deficits really didn't matter—when they were typically between 1% and 3% of GDP, maybe 4% in a bad year—the Democrats were apoplectic. Now, when it's over 12% of GDP, and upwards of ten times greater than it was in 2007, the Dems have an epiphany. Coincidence? Uh, probably not.
It's been entertaining , though, to see top Democrat politicians, advisors, and pundits trot out some of the old Republican talking points. Unfortunately for them, they don't seem to get that the argument makes absolutely no sense with spending at such an exaggerated level and unemployment near a multi-generational high.
If the GOP has traditionally been the party of ideas, at least the Dems can now be the party of recycled ones.
As ridiculous on the surface as this attempt at changing the narrative might be, it's not totally crazy for one very significant reason—the Dems do now and will continue to have the support of virtually all of the establishment media. Yeah, I know, the same media that vilified George Bush for a fraction of the spending.
Notwithstanding how tiresome a subject the media's doublestandard can be, it is a little enlightening now and then to play the 'imagine if' game.
Imagine if George Bush or another Republican were President, and:
- The debt and deficit were skyrocketing to this extent
- There was no budget for the first six months of the fiscal year and counting
- We had no coherent energy policy and gas prices were spiraling out of control
- We were at more than double the rate of full employment for this length of time
- We had outrageous commodity inflation, including food
- The Middle East and North Africa were as unstable as they are now
- We were still mired in Afghanistan
And most importantly, there was near complete abdication of presidential leadership on the biggest issues of our time.
Hmm, in the 'imagine if' world don't you think we'd all be bombarded relentlessly with media attack pieces on the dangerously incompetent president and his administration?
It doesn't take a polymath to understand that somebody's gettin' a free ride...or a 90% discount anyway.
Damn good deal.
Obama must have bought the Groupon.
Well, apparently debt and deficits don't matter anymore. Convenient, huh? Yep, the gang that just rung up the largest monthly deficit in history—larger than the shortfall under George W. Bush for the entire year of 2007—is changing its tune.
That's right, folks. Liberal talking points are being rewritten faster than Glen Beck can say George Soros is subverting America.
Mind you, these are the same Democrats that screeched continuously about the red ink that Republicans were spilling under Bush 43. Of course, those protestations were always quite humorous considering that every program on which the Republicans spent money, the Democrats wanted to spend more—considerably more. Political sophistry at its best.
So, when deficits really didn't matter—when they were typically between 1% and 3% of GDP, maybe 4% in a bad year—the Democrats were apoplectic. Now, when it's over 12% of GDP, and upwards of ten times greater than it was in 2007, the Dems have an epiphany. Coincidence? Uh, probably not.
It's been entertaining , though, to see top Democrat politicians, advisors, and pundits trot out some of the old Republican talking points. Unfortunately for them, they don't seem to get that the argument makes absolutely no sense with spending at such an exaggerated level and unemployment near a multi-generational high.
If the GOP has traditionally been the party of ideas, at least the Dems can now be the party of recycled ones.
As ridiculous on the surface as this attempt at changing the narrative might be, it's not totally crazy for one very significant reason—the Dems do now and will continue to have the support of virtually all of the establishment media. Yeah, I know, the same media that vilified George Bush for a fraction of the spending.
Notwithstanding how tiresome a subject the media's doublestandard can be, it is a little enlightening now and then to play the 'imagine if' game.
Imagine if George Bush or another Republican were President, and:
- The debt and deficit were skyrocketing to this extent
- There was no budget for the first six months of the fiscal year and counting
- We had no coherent energy policy and gas prices were spiraling out of control
- We were at more than double the rate of full employment for this length of time
- We had outrageous commodity inflation, including food
- The Middle East and North Africa were as unstable as they are now
- We were still mired in Afghanistan
And most importantly, there was near complete abdication of presidential leadership on the biggest issues of our time.
Hmm, in the 'imagine if' world don't you think we'd all be bombarded relentlessly with media attack pieces on the dangerously incompetent president and his administration?
It doesn't take a polymath to understand that somebody's gettin' a free ride...or a 90% discount anyway.
Damn good deal.
Obama must have bought the Groupon.
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