Monday, August 16, 2010

Republican Senator outlines his economic vision: Do nothing and wait

source and video at http://www.jedreport.com/2010/08/republican-senator-outlines-hi.html

Sen. Bob Corker (R-TN) unveiled his plan for the economy: don't do anything and wait -- it will fix itself. Watch:

I think the best thing we can do in Washington at this time is really just to calm down and quit changing sweeping -- making sweeping changes.

I sat down with a business this week -- I'll give you an example -- and they're looking at the health care bill, and they're trying to decide, should they keep people under 30 hours? Smaller businesses are saying, should we stay under 25?

So I think that much of what we've done over this last year has actually been counterproductive. And, again, the best thing we can do is just calm down, to really let people's balance sheets sort of get back where they need to be. That will stimulate demand over time.

Corker's do nothingism is a reflection of the bind Republicans find themselves in. They can't publicly admit that the Obama administration has helped keep the economy intact through government intervention because the teabaggers will snap their heads off. So instead of engaging in a debate about what form the next round of stimulus should take, their approach is just to sit back and do nothing and wait, because things will magically just get better.

It's no wonder with an economic vision like that Republicans would rather spend their time talking about how far from ground zero a mosque needs to be before it can be built. But it does tell you something that while they say government should stay out of the economy that it should get itself deeply involved in matters of faith. And the really strange thing is that they adopt that position and then have the temerity of questioning with the Democratic Party is truly American.

They think they've found a winning political formula, and in a sense they are right. Problem is (at least for them), that it's a winning formula for elections of the past. The big issue now is the economy, not the mosque, and the fact that Republicans are more forthcoming about their plans for siting mosques than for fixing the economy underscores the fact that they just aren't serious about creating jobs.

No comments:

Post a Comment