Why Do Americans Favor Democrats on Economic Issues?
In generations past, Democrats used to trail the Republicans on economic issues. Ever since Carter, though, the Republicans have consistently driven the economy into the ground, and Clinton is the only president to have brought us prosperity and a surplus.
The lack of serious thought on the rightwing is illustrated by this Republican insider from Texas. He argues (with a straight face) that those of us who view Bush's irresponsible deficit to be an immoral "birth tax" on future generations should adopt a voluntary system of additional taxation.
With arguments like that, is it any wonder that the average American realizes that the Democrats are the adults in the room when it comes to the economy?
posted by Dan at 8/27/2006 07:00:00 PM
4 Comments:
I remember 18 percent home loan interest rates, high tax rates on the middle class, especially married people (marriage penalty tax) and even a surtax along with out of gas lines. Those were the good old days. I'd like to take a poll and see how many people would trade today for then. How soon we forget.
Yeah, I remember those days, too. Don't forget Gerald Ford (the last decent Republican president) and his WIN buttons. Those were tough economic times.
Nobody is proposing going back to the 70s. I'm just proposing that we escape the suicidal Republican economic policies before it's too late. Maybe we can afford Bush, but our children can't.
Actually I think Bush made a mistake by giving tax breaks to the ultra rich. They simply don't need them any more than they need social security. There is no doubt that the Republicans are responsible for a lot of pork and that many needy causes are underfunded or not funded at all. At the same time I don't believe in a lot of liberal spending causes and I don't support the Robin Hood approach to economics either.
I'm not an economist or even very well versed on this topic so I'll leave it at that.
I'm no economist, either, but it sounds like you and I would probably agree on much.
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