Median Democrat
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Fri Jan-30-09 11:21 AM
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| Any Links to Republicans Complaining That Recession Fears Overblown? |
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In light of the recent news about the dramatic shrinkage in the economy, anyone have any links to Republicans complaining that we don't need any stinking stimulus package, becuase the economy is already on its way to recovery? I recall hearing some folks on TV saying that the Obama was just using the current economic hiccup to pass his liberal elitist agenda, and that the economy was going to recover on its own. Was it Limbaugh?
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TwilightGardener
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Fri Jan-30-09 11:22 AM
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| 1. It's still just a mental recession, I'm sure. |
Median Democrat
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Fri Jan-30-09 11:26 AM
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| 2. You Can Always Count On Phil Gramm, Any Others? |
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Any current quotes from the GOP, particularly in reference to Obama's agenda:
Phil Gramm: * * * You've heard of mental depression; this is a mental recession," he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. "We may have a recession; we haven't had one yet."
"We have sort of become a nation of whiners," he said. "You just hear this constant whining, complaining about a loss of competitiveness, America in decline" despite a major export boom that is the primary reason that growth continues in the economy, he said.
"We've never been more dominant; we've never had more natural advantages than we have today," he said. "We have benefited greatly" from the globalization of the economy in the last 30 years.
Mr. Gramm said the constant drubbing of the media on the economy's problems is one reason people have lost confidence. Various surveys show that consumer confidence has fallen precipitously this year to the lowest levels in two to three decades, with most analysts attributing that to record high gasoline prices over $4 a gallon and big drops in the value of homes, which are consumers' biggest assets.
"Misery sells newspapers," Mr. Gramm said. "Thank God the economy is not as bad as you read in the newspaper every day."
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treestar
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Fri Jan-30-09 11:27 AM
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| 3. There was McDope saying the economy was fundamentally sound |
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Tue May 21st 2013, 04:26 AM
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