Tuesday, March 3, 2009

Vanden Heuvel Calls Out Rove On Fiscal Hypocrisy

On ABC's "This Week," Katrina Vanden Heuvel of The Nation pointed out Karl Rove's hypocritical call for fiscal responsibility following the dismal economic record of the Bush administration. After inheriting a surplus from the Clinton administration, Bush left the country with a $1.75 trillion deficit. Vanden Heuvel refers to the Bush administration's tax cuts for the wealthy and war in Iraq as prime reasons for the debt–and she speaks about the Republican strategy of "starving" government. Watch:


Democratic pollster Stan Greenberg notes Rove's "remarkable lecture given the performance" and the Republicans' opposition to unemployment benefits and health care for those who have recently lost jobs, coupled with their pushing for the "same kind of top-end tax cuts that produced this economic situation."

2 comments:

Silent_Majority said...

I am pretty sure that Obama has already doubled the debt left by Bush and did so in a couple of weeks, not 8 years. And as a point of interest all politicians are hypocrits Rove included. As for Obama he's not even hiding his hypocracy. His railing against earmarks and then signing the stimulus along with the Omnibus spending bill that has 9000 earmarks by itself, the whole time promising to do away with earmarks. I am disgusted with the whole bunch. I wish the would say what they mean and mean what they say. At least then you would know what you were voting for.

Jeff Tone said...

Silent Majority: In the video, Katrina Vanden Heuvel makes the point that the Obama stimulus package is for investment in the country. In contrast, Bush's emphasis was tax cuts for the wealthy, starting an unnecessary war and deregulating the financial industry–disastrous policies that made it necessary for Obama to take the actions he has.

Also, look at what much of the earmarks are for. The country's highways and bridges are falling apart. Fixing the infrastructure is essential to our economy and will create jobs. In addition, the Consumer and Business Spending Initiative aims to get credit flowing again, critical to buying homes and cars, going to college and starting businesses. Sure, some of the money will probably be wasted. But these times call for critical measures. All I see the Republicans doing is saying no and calling for more tax cuts for the affluent. We've tried that and it sure didn't work.