Cant Trust Republican Candidates Views on Anything

The Republican Party is wrong about the efficacy of trickle-down economics and self-regulating markets. The Bush tax cuts of 2001 and 2003 through today have not worked. If they had, then why ten years later do we have a problem with jobs and the economy? Supply-side thinking simply has not produced jobs and has not produced economic growth. Republicans have the gall to say Obama is responsible for the economy and poor job growth when they own the lions share of causes for our economic crisis. Even though the roots of our economic crisis may have had pre-Bush beginnings, the fact is that the housing bubble and financial crises evolved under Bush, were not addressed and came to a head in 2007 and 2008 at the end of Bushs term in office. Bush admitted he felt responsible for the economic downturn because it's occurring on his watch. And as Huffington Posts Jared Bernstein writes, They wrecked the car in the 2000s and now they want the keys back. Republicans say our economic recovery is severely hindered by Obamas anti-business policies of taxes on businesses and over-regulation. They say that over-regulation and its future uncertainty is getting in the way of capitalism. But, the fact is insufficient regulation exploited by greed caused our downfall in the first place. Regulation has not been capitalisms downfall and regulatory uncertainty is a phony explanation. The fact that businesses are making profits but not spending to expand or hire is evidence that demand and not supply is the cause. They are not holding back investment because of Obamas policies as republicans would like us to believe. Every Republican candidate for President exudes the same tale of trickle-downs benefits, most opine the fallacy of Global Warming and that evolution is a myth, despite overwhelming evidence to the contrary. If these candidates are not sharp enough at least to understand that environmental issues deserve our attention because of their irreversibility, or to recognize scientific evidence of life evolving overtime, how can we trust their views on anything, including their proselytizing of economic theories? Supporting this contention, Paul Krugman writing for the New York Times said, Large segments of the G.O.P. reject climate science and even the theory of evolution, so why expect evidence to matter for the partys economic views?

How can anyone believe that the economic mess created over the eight year Bush Administration, during which he had a six-year republican majority in Congress, can be made right in two, three, or even four years is beyond comprehension. Yes, we need innovation and investment, but more importantly, we need folks to buy the products or services produced by that innovation and investment. That will only happen when Americans have income derived from a job. Private businesses are not going to expand and grow without demand, so therefore it then becomes necessary for jobs to be created by government in the form of government investment, such as Obamas Jobs Plan. The plan includes proposals to extend the payroll tax cut for workers approved at the end of 2010 for at least another year; includes additional incentives for businesses to add or increase wages; extends unemployment benefits; and provides $140 billion for public works projects, aimed at creating jobs in the construction industry and revamping schools and roadways. The plan is intended to create jobs through public works projects and to put money in these newly hired workers pockets that will in turn be spent in private sector businesses, creating a need for private sector businesses to hire. The projected result will be economic growth, and then innovation and investment will follow.