Tuesday, May 17, 2011

Cenk Uygur Busts The Myth Of The Fiscal Conservative

Cenk Uygur of the Young Turks once again demolishes the falsehood that the Democrats are responsible for the deficit. He cites Bush administration policies that exploded the national debt, including tax cuts for the wealthy, two wars and the unfunded Medicare prescription drug benefit–all of which dwarf the Obama tax cuts and stimulus. Uygur reminds us that the stimulus itself was made necessary by Republican policies, under which the billions in surplus left by Clinton was replaced by trillions in a deficit left by Bush. Uygur concludes with a summary of the GOP con job as it now relates to the debt ceiling: “So in the end, the GOP causes giant deficits and then, when we have to raise the debt limit to pay for them, they hold the country hostage to further the agenda that got us into debt in the first place.” Watch:

With apologies for the illiterate captions, including the reference to “Dwight” as “too white” and Eisenhower as “bison howard.”

No comments: