Monday, September 28, 2015

The Blackmail Caucus, a.k.a. the Republican Party

Paul Krugman, NYT
SEPT. 28, 2015

John Boehner was a terrible, very bad, no good speaker of the House. Under his leadership, Republicans pursued an unprecedented strategy of scorched-earth obstructionism, which did immense damage to the economy and undermined America’s credibility around the world.

Still, things could have been worse. And under his successor they almost surely will be worse. Bad as Mr. Boehner was, he was just a symptom of the underlying malady, the madness that has consumed his party.

For me, Mr. Boehner’s defining moment remains what he said and did as House minority leader in early 2009, when a newly inaugurated President Obama was trying to cope with the disastrous recession that began under his predecessor.

There was and is a strong consensus among economists that a temporary period of deficit spending can help mitigate an economic slump. In 2008 a stimulus plan passed Congress with bipartisan support, and the case for a further stimulus in 2009 was overwhelming. But with a Democrat in the White House, Mr. Boehner demanded that policy go in the opposite direction, declaring that “American families are tightening their belts. But they don’t see government tightening its belt.” And he called for government to “go on a diet.”

This was know-nothing economics, and incredibly irresponsible at a time of crisis; not long ago it would have been hard to imagine a major political figure making such a statement. Did Mr. Boehner actually believe what he was saying? Was he just against anything Mr. Obama was for? Or was he engaged in deliberate sabotage, trying to block measures that would help the economy because a bad economy would be good for Republican electoral prospects?

(More here.)

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