Skip to main content

First of all, people need to know that what the GOP is doing is basically implementing austerity measures and they need to know that what that really means is NO GOVERNMENT:

In economics, austerity refers to a policy of deficit-cutting by lowering spending often via a reduction in the amount of benefits and public services provided.Austerity policies are often used by governments to try to reduce their deficit spending and are sometimes coupled with increases in taxes to demonstrate long-term fiscal solvency to creditors.

Supporters of austerity predict that under expansionary fiscal contraction (EFC), a major reduction in government spending can change future expectations about taxes and government spending, encouraging private consumption and resulting in overall economic expansion.

Critics argue that, in periods of recession and high unemployment, austerity policies are counter-productive, because: a) reduced government spending can increase unemployment, which increases safety net spending while reducing tax revenue; b) reduced government spending reduces GDP, which means the debt to GDP ratio examined by creditors and rating agencies does not improve; and c) short-term government spending financed by deficits supports economic growth when consumers and businesses are unwilling or unable to do so.

http://en.wikipedia.org/...

This is the GOP's policy in a nutshell-NO GOVERNMENT.  NO GOVERNMENT

We don't have to do extensive research on what it does to a country.  We have many examples.  More below the pretty orange loop.

We can first look at Greece:

On February 12, 2012, Greece implemented extreme austerity measures to tackle their economy.  The package included:

15,000 public-sector job cuts
liberalisation of labour laws
lowering the minimum wage by 20% from 751 euros a month to 600 euros

http://www.bbc.co.uk/...

Well, let's look at the results:

By June, Greece's unemployment was at 24.4%.  What does Greece do to fix this?  They hammered down on it:

http://online.wsj.com/...

The result?  Their economy is expected to SHRINK 7%.

Want another one?  How about the UK?  

They are also making deep cuts to government spending while providing tax breaks to the wealthy.  The results so far?

But a stalled economic recovery, rising unemployment, falling tax revenue and struggling households led Mr. Osborne to offer some concessions in the budget he presented to Parliament.

http://www.nytimes.com/...

In fact, every country that has implemented severe government cuts is having the floor fall from underneath them.  From Greece to Italy to the UK to Ireland, Portugal, Spain, you name it.  The GOP method has been the solution for the world.  The results are in.  It doesn't work:

http://www.bbc.co.uk/...

Now, how do we make the argument to the American people in a way it can be understood?

Easy.  We focus on our own results:

1.  President Obama implemented a stimulus (albeit a reduced one thanks to Congress) that seemed to be getting the economy on track.  He also proposed the Affordable Healtlhcare Act, which out of the gate saved 716 billion in Medicare costs.

2.  The GOP saw improvements, and immediately went into action.  They spawned the Tea Party, which protested the ACA and started a big government rebellion.  This was solidified by the GOP takeover of Congress in 2010.  They ran on Jobs.

3.  The first bills to come out of the new Congress were all about cutting taxes for the wealthy.  Then came the abortion legislation, the personhood amendments, the ACA repeals, everything but a jobs bill.

4.  Obama proposed another jobs bill, but the big bad government shouldn't be involved.  Let the markets create jobs. Let them take control. The free markets have run our economy for the past 2 years because every attempt made by Obama to spur growth has been rejected.

So, what are the results?

Private corporations are sitting on 2 trillion that they refuse to invest.  The government has shed 1.8 million jobs.  That's right, 1.8 million.  

This Douchebag Mitt Romney is claiming that we need a CEO approach to solving the economy.  Isn't that what we've been doing?

It's not a question of whether more government solves our problems.  The question is how less government magnifies our problems.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site