5 Tea Party Myths Debunked As Movement Marks 5 Years Of Dysfunction - See more at: http://www.rightw

[applegrove]

5 Tea Party Myths Debunked As Movement Marks 5 Years Of Dysfunction

Submitted by Brian Tashman at Right Wing Watch

http://www.rightwingwatch.org/content/5-tea-party-myths-debunked-movement-marks-5-years-dysfunction

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Myth #1: Tea Party Cares About Economic Stewardship

If Tea Party activists believe they are on a crusade to save the American economy, they have an odd way of showing it. The Tea Party was responsible for an economically harmful and utterly pointless government shutdown and has several times threatened economic catastrophe by refusing to raise the debt limit — with their hostage-taking strategycontributing to a S&P credit downgrade and lower consumer confidence.

The Treasury Department warned in the midst of last year’s government shutdown [PDF]: “A default would be unprecedented and has the potential to be catastrophic: credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo the events of 2008 or worse…. Because the debt ceiling impasse contributed to the financial market disruptions, reduced confidence and increased uncertainty, the economic expansion was no doubt weaker than it otherwise would have been.”

One problem might be that Tea Party leaders seem to have no clue what they are talking about.

Tea Party politicians dismissed concerns about failing to raise the debt limit — with one Tea Party-aligned congressman arguing that such a move would help the economy — and didn’t seem to grasp the fact that “raising the debt ceiling simply lets Treasury borrow the money it needs to pay all U.S. bills and other legal obligations in full and on time” and isn’t a “license to spend more.”

Similarly, a Bloomberg News poll found that 93 percent of Tea Party Republicans believe the federal budget deficit is growing, even while it is rapidly shrinking.
- See more at: http://www.rightwingwatch.org/content/5-tea-party-myths-debunked-movement-marks-5-years-dysfunction#sthash.vWMdJmP9.dpuf



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[madinmaryland]

1. If they had cared about economic stewardship, they would not have wholehearted supported...

1.) Two wars put on the credit card ($2trillion)
2.) Tax cuts for the rich ($2trillion)
3.) Plan D Medicare ($.5trillion)

And don't forget the balance budget that Bush inherited. They seemed to have no problem with Bush blowing the budget.

Dumbasses.

[applegrove]

2. But the Tea Party did exist for those things. That is all on the GOP.

[madinmaryland]

3. Isn't that what I said? The tea party is the GOP and vice versa.

The GOP/tea party ruled the country from 2001-2007.

ETA: I was just agreeing with the point in the artical in my own snarcastic way.

[applegrove]

4. Cool.