SMRs and AMRs

Monday, November 16, 2009

Born Again Deficit Virgins

John Parr
CrooksandLiars

Everything you need to know about the descent of the conservative movement into a hypocritical caricature is illustrated by two of its proudest constituencies: Republican deficit hawks and so-called "born again virgins." Having already violated the moral strictures they claim to hold dearest, each now asks the American people to join them in pretending their sin never happened. But unlike a generation of Republican leaders who built a mountain of national debt for the United States, the secondary virgins only screwed themselves.

The Republicans' shameless cynicism was perfectly captured by Vice President Dick Cheney, who in 2002 proclaimed, "Reagan proved deficits don't matter."

Not, that is, if a Republican is in the White House. But when Barack Obama stepped into the Oval Office and the $1.2 trillion deficit George W. Bush left for him there, the GOP quickly changed its tune. While the national debt tripled under Ronald Reagan and doubled again under President Bush, House Minority Leader John Boehner in February decried the $787 billion emergency economic recovery spending as "one big down payment on a new American socialist experiment." By June, Boehner warned of the "crushing debt Washington Democrats are running up." And Senator Judd Gregg (R-NH), Obama's aborted choice for Commerce Secretary, slapped the President last month, "we're basically on the path to a banana-republic-type of financial situation in this country."

(Continued here.)

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