What About the $1.35 Trillion?
by Jonathan Singer, Tue Feb 17, 2009 at 04:31:06 PM EST
Congressional Republicans, led by their apparent head honcho Newt Gingrich and amplified by their cheerleaders at The Journal's editorial board, are crowing about the size of President Obama's stimulus package, complaining that it will grow the national debt.
Here's my question, though, and it's not one I have been hearing a great deal about: Where were all of these Republican wannabe deficit hawks just eight years ago, when in a time of significantly less economic peril George W. Bush was pushing a measure that increased the national debt by $1.35 trillion -- or 70 percent more than President Obama's stimulus plan?
The answer is simple, for those inquiring minds. All 211 House Republicans who voted on the Bush deficit-creating legislation voted in the affirmative (interesting how the caucus unanimously supported unnecessary tax cuts for the ultra wealthy without concern for deficits, but unanimously opposed a necessary stimulus package that serves to help the entire nation out of a crisis precipitated under the watch of former President Bush). All but two Senate Republicans also voted the package, which helped begin the process engaged in by the Bush administration of nearly doubling the national debt (all but three voted against the Obama stimulus this year).
Shockingly, the rank hypocrisy and opportunism isn't being talked about much within the Beltway press. But considering that the American public is overwhelmingly siding with President Obama over the Congressional Republicans, at least it seems that some are getting it even if some elites aren't.