Tuesday, February 17, 2009

RNC Chairman Steele: "No Reason" To Trust The Republicans

First Joe Scarborough said on MSNBC, "Perhaps...we don't know what we're talking about." He was referring to misplaced conservative confidence that the public would favor the Republicans over President Obama on the stimulus package. Now Republican National Committee chairman Michael Steele, speaking to Glenn Beck on Fox News, has made another startlingly honest admission:

"Yeah, no, Glenn. I’m not gonna, look, I’m not going to soft pedal this with you. I’m not going to try to blow smoke either. The reality of it is, you are absolutely right. You have absolutely no reason, none, to trust our word or our actions at this point. So, yeah, it’s going to be an uphill climb." (H/t Think Progress)

Steele's comments, of course, came in response to Beck's statement that conservatives don't "expect socialism" from the Republicans. But the chairman's words can be applied to economic issues beyond socialist measures taken to rescue the financial and mortgage industries. The Bush administration, supported by the Republicans, ran up a deficit to the tune of trillions of dollars. They conducted two wars while cutting taxes for the wealthy at a cost of $2 trillion. The unnecessary war in Iraq alone has cost $1 trillion and counting. Their deregulation policies led to rampant speculation and an economic catastrophe.

Suddenly, though, the Republicans have rediscovered fiscal responsibility the minute Obama announced his stimulus package. But given the GOP track record over the past eight years, their pose is without credibility. There is indeed, "no reason, none, to trust" their "word or actions," as their chairman so candidly states.

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