The media loves to blame the economy on government shutdowns or something George W. Bush did while president. In the words of Jackie Gleason in Smokey and the Bandit, that "barbecues my ass." The Democrats were fully in charge of everything for two years after the 2008 election. They made it a point to do all the wrong things during those two years. This could have been different. We could have had a normal recession of a year and a half to two years, but only if the government had done things to encourage economic growth. They discouraged it in every way. They punished prosperity. They left the business leaders wondering what would come next.
When the Republicans took over control of the House in 2010, the Democrats were only slowed down a little. We still have endured tax increases. The debt limit has risen several times, and spending hasn't dropped an iota. The Obama administration continues to use its EPA to stop pipelines from being built and to shutdown coal fired power plants that produce cheap electricity. So, how is it that the Republicans have caused and perpetuated the recession? Somebody, please explain to me how the media story is right?
It's interesting that recessions have drug along for years and years only twice in the history of our country. The presidents on those two occasions were Franklin Roosevelt and Barack Obama. Both of these presidents believed that the economy could only be saved by massive government spending. Massive government programs were believed to be the answer. Certainly, Keynesian economic policies were used to extreme in both administrations.
In both cases, these programs kept a blanket on the economy. Of course, Obama says that things would have been much worse had these steps not been taken. We will never know if that is true. Neither Obama nor Roosevelt can prove that that is true. I can't prove that it is false either. Of course, there is one little fact that indicates that I'm right and they are wrong. These are the only two cases in history where our government has taken Keynesian economics to the extreme. These are also the only two cases where the recession has been so long-lived.
This is the center of the debate between liberals and conservatives. Keynesian economics are practiced by the MessAPolitico. Keynesian economics is the cause of the great depression, and if this isn't the second great depression, then the Obama multi year recession has been caused by this same misguided policy. Economic prosperity isn't created by the MessAPolitico; it is created by the private sector. Let's vote to remove the MessAPolitico in the next election.
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