Obama: “We'd Be in a Deeper World of Hurt” if Republicans Had Their Say on the ...
19.05.10
Indeed, if 2010 should be a referendum on anything, it should be in effect to one straightforward question: when the Great Recession was at its worst, and the economy stood at the rim of collapse, who got it right and who got it wrong?
Obama said yesterday that “we’d be in a deeper in seventh heaven of hurt” if we’d listened to Republicans. It’s hard to enlarge who painfully accurate this is. Go back and look at the GOP arguments from January and February 2009. How did they broach dealing with the crisis? By cutting government spending, pushing a balanced-budget alteration compensate, demanding a capital gains tax cut, and imposing a five-year spending freeze.
Source: AlterNet (blog)