|Posted by American Patriot on January 5, 2011 at 4:10 AM|
Has America adopted a new pastime? With the NFL claiming the new honor over Baseball, the American public may have also embraced politics as a key interest in their hectic lives, at least for this 112th Congress. As if working Americans need more stress in their life, a new surge of congressional freshmen and conservative optimism will work tirelessly to please the misguided rank-and-file Republican voters who claim victory electing the new House majority. Will they meet their expectations?
While most of the voting public has placed their bets, i.e.…livelihoods, on the GOP to return this country into top fiscal responsible shape, they will need to pray for a miracle. The last fiscally conservative President was President Richard Nixon. Not even the conservative pagan idol, Ronald Reagan, can take credit for shrinking the government and cutting government spending. That recognition deservingly belongs to Bill Clinton. In fact, the following statistics will help explain what FOX News, Rush Limbaugh, and the other media terrorists are hiding from their followers:
• Republican Administrations have accrued, more than 3 fold, the debt that Democrats has made since President Richard Nixon
President Reagan (1981-1989)
• Reagan tripled the Gross Federal Debt, from $900 billion to $2.7 trillion
• 1981, introduced ERTA, biggest tax reduction in history, resulting in $268 billion loss of revenue
• 1982, Reagan reversed most provisions in ERTA with TEFRA; largest tax increase in history
• Also, in 1982, the unemployment rate peaked at 10.8%
President George H. W. Bush (1989-1993)
• “Read My Lips, No New Taxes!” President Bush senior lied, and raised taxes
• Increased the National Debt 32.7%
President George W. Bush (2001-2009)
• More than 3 million jobs lost under President George W. Bush
• Largest federal spending growth since President Nixon
• Sub-prime mortgage meltdown, under George W. Bush resulting in millions of foreclosures
So, why has the GOP branded itself as the “fiscal conservative” party? Perhaps, it’s because they knew if they were going to get away with representing big business and the filthy rich, they needed a gimmick to con the American people into supporting their self-serving agendas. With the Tea Party arguing they are the real “wannabe fiscal conservatives”, it will be interesting to see how they try and change the Republican playbook on fiscal economic policies.
But, rest assured, their eagerness to repeal “Obamacare” and other victories secured by Obama, will only prove to be a temporary display of enthusiastic lawmakers itching to score their first touchdown for their loyal fans. They will pass and try to fake their way to the end zone, but they will gain very little yardage. With the Democrats holding strong defense in the Senate, and the President holding his veto pen, Republicans just won’t own any notable victories this session.