from The Progressive:
Republicans Go Back to Hoover in Response to Obama’s Stimulus BillBy Matthew Rothschild, January 26, 2009
The Republicans have turned to Herbert Hoover for advice on Obama’s economic recovery plan.
Defying all economic sense since the Great Depression, they’ve dusted off Hoover’s ruinous policies and are now presenting them as fiscal sense.
“Government can’t fix this,” said John Boehner on Meet the Press. “It’s a lot of spending that I just don’t think will work.”
John McCain was reading from the same script to Chris Wallace on Fox. “We're going to lay an additional $2 trillion of debt on future Americans,” he said. “We've got to eliminate the unnecessary spending."
Rep. Cathy McMorris Rodgers, who gave the Republican response to Obama’s radio address Saturday, stressed “holding the line on spending” and “balancing the budget.”
To follow this Republican advice would send the economy straight into a depression. ......(more)
The complete piece is at:
http://www.progressive.org/mag/wx0126b09.html