It had to happen eventually. For the last six years, the congressional Republicans have filibustered and obstructed every economic policy the Obama administration has initiated. In spite of the opposition, these policies have helped to yank the nation out of the worst recession since the Great Depression, creating nearly 11 million jobs in 57 months while tripling the Dow, reducing the deficit and generally improving most economic indicators to levels not seen since the 1990s.
The GOP did everything they could to flummox the recovery, knowing it would help the president and the Democrats. Indeed, Senate Majority Leader Mitch McConnell (R-KY) stated quite clearly at the outset of the administration that his primary goal wasn’t to pitch in on the economy, but instead to make Obama a one-term president.
But now that the economy has improved in spite of those efforts, guess who’s revising history and demanding credit?
Mitch McConnell, of course. Yesterday, in the face of reality and years of statistics, McConnell said:
After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope; the uptick appears to coincide with the biggest political change of the Obama Administration’s long tenure in Washington: the expectation of a new Republican Congress. So this is precisely the right time to advance a positive, pro-growth agenda.
Staggering that the Majority Leader is allowed to be this utterly moronic.
First of all, the economic didn’t just all of a sudden improve. In the absence of, say, a World War, it doesn’t work like that. The economy has been slowly and steadily improving since March of 2009, exactly coinciding with the passage of the American Recovery and Reinvestment Act, also known as the stimulus, which McConnell and his caucus voted against and have repeatedly demonized as a socialistic failure.
Secondly… CONTINUE READING