A recent New York Times article exposing the contradictory claims with the G.O.P.?s ?call? for cuts is stunning, even though it reports what anyone focusing on the news already knew. Riding the wave of populist anger at a perceived draconian government encroachment, the Republicans have campaigned about the idea of cutting spending, and yes it appears to be working. Of course, their ?plans? have no substance, but empty rhetoric and bankrupt policies are what their supporters want. And they’ll get what they deserve. The issue is, the rest of us will likely have to suffer too.

Conservative candidates have come up with deficit trimming ideas which are either totally unrealistic?as The Times explains John Boehner desires to cut ?non-security discretionary? spending by 20% in spite with the fact that the largest drop in a year since 1982 have not exceeded 5.5%, and a lot of Tea Party candidates simply look to dismantle most government agencies? or prohibitively unpopular, including Paul Ryan of Wisconsin?s push for sharply reducing Social Security and Medicare. In truth, the proper is doing anything or below promulgating endless disinformation-based cheap shots at Obama, motivating voters with lies regarding how health care reform, with the stimulus and Tarp, will create unmanageable and unnecessary deficits.

Needless to convey, they never complain about the truth that it was Bush?s healthcare reform (remember his ludicrous Medicare prescription program? You know, one that wasn?t purchased and made the infamous donut hole?) which according to the Times will set you back $1.1 trillion in the next decade, adding more for the deficit than Obama?s healthcare overhaul, the stimulus and TARP combined! They also don?t prefer to talk about how precisely, despite their hysteria about government expansion under Obama, as the non-partisan politifact.com explains,? federal and state government jobs? increased by 1.7 million in eight years under Bush and? fell ?by 357,000 since President Barack Obama took office.? Let?s also take into account that Obama?s medical care plan will reduce deficits by $143 billion according to the nonpartisan Congressional Budget Office, along with the stimulus consisted largely of tax cuts for 95% of Americans (something conservatives aren?t too keen on discussing honestly) while, along with the dreaded TARP program, that has earned taxpayers $23 billion, preventing a depression.

All this will make laughable the conservatives? ?concern? about the deficit. If the Republicans win big, as you expected, they are going to try to repeal health care reform, which, because Times reports, ?would actually increase the deficit by greater than $100 billion over ten years,? and they’d push for ignoring the admonitions with the king of failed conservative fiscal policy, Alan Greenspan, by extending the Bush-era tax cuts for all Americans, adding ?$700 billion to the deficit within the next a decade.?

The pathetic simple truth is that the Tea Party and all the other hypocrites about the right don?t actually care concerning the deficit in any respect, plus they never have. Their feigned alarm is absolutely just justification to smear the President. If matters were otherwise they might express anger on the record deficits ran up for no urgent reason by George W Bush and Ronald Reagan. But during those presidencies, conservatives ignored the economists who warned that needless deficit spending is dangerous and foolish. Rather, they’d argue, everything?s fine as the tax cuts covers themselves (a non-theory that even Alan Greenspan has rejected), and accruing deficits really should be standard policy is not a cause for concern since the percentage of debt to GDP is manageable.

Now, we have got lucky after Reagan put America on the perilous course regarding his fecklessness because his successors recognized the fallacy of ?Voodoo economics,? as George H.W. Bush labeled it, and instead raised taxes. In addition, the rise in the internet created a critical and unprecedented boom.

But this time around we probably won?t be so fortunate. However, at fault must be put on Bush, not Obama: it was Bush who resumed ?Voodoo economics? as though it were a sustainable approach. Only his agenda was even more irresponsible than Reagan?s, since he soon began two foreign wars and devised his obscenely expensive Medicare program on top of that. Furthermore, it had been Bush?s deregulatory policies, which are largely a continuation of Reagan?s, that gave rise to the epic housing bubble and made the crisis we currently face.

Obama has merely done what any responsible president would do if the country is around the brink of fiscal collapse: embark on deficit spending, the cornerstone of classic Keynesian economics. And it worked. The proof is beyond dispute. Consider, both Hoover and Obama inherited nearly identical scenarios. Hoover ignored Keynes?s approach and did nothing to avoid mass bank runs or stimulate the economy with spending, but rather implemented fiscal austerity. As an end result, the united states plunged to the Great Depression. Obama, on the other hand, continued TARP?a program which, unbeknown to almost half of Americans according to polls, was started by Bush? and orchestrated the stimulus package. Consequently, these tough economic times technically ended months ago, and also the most pressing question now’s when will unemployment return to acceptable levels, whereas before Obama initiated his policies the question was perhaps there is another Great Depression.

But the best, spurred on by the vicious lunatics from the Tea Party, insist upon portraying the President being an irresponsible deficit spender and socialist who has raised taxes. Aside from the truth that there is no logic for their contradictory claims, there is also no truth involved either. In addition to devising a healthcare reform that can reduce the national debt and engaging in deficit spending for necessary purposes and not as a matter of standard procedure?he’s got, all things considered, commissioned a bipartisan deficit reduction committee by executive order no less, much towards the hypocritical chagrin from the Republicans? Obama has not yet initiated socialist policies (with all the one exception being the car bailouts, which have resoundingly succeeded thus far), despite the fact that in some cases he probably should have. He would not nationalize any of the failing banks or Wall Street firms, and his financial overhaul is quite lax, especially as it does not reinstate the Glass-Steagall Act. Last, he has in fact cut taxes for 95% of Americans.

But none of this matters. If Obama have been a Republican, the Tea Party almost certainly would not have gotten up and running, since several of his policies, like tax breaks as well as an aggressive effort against terrorism, are viewed conservative, and FOX News along with the other propaganda artists for the right could have emphasized the President?s tax cuts and continued to pretend that budget deficits usually are not fundamentally dangerous, just like they did during Bush?s presidency. Furthermore, if Obama had not inherited the most depressed economy since Hoover the American people couldn’t survive suffering from an unavoidably long period of high unemployment and would therefore not grant any consideration for the extremists running from the proper. But crises breed uncertainty, and uncertainty breeds fear. As such, the populace is willing to think anything, regardless of whether it is blatant disinformation, and yes it seems this type of environment will produce radically conservative congressmen who really enjoy smear campaigns to mask their irresponsible behavior and bankrupt policies.

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Sources:

Congressional Budget Office Health Care Estimates:

TARP earned taxpayers money:

Obama Stimulus Cuts Taxes for 95% of American Households:

Government jobs increase under Bush and are categorized as Obama:

TARP and stimulus prevented a depression:

Classic FOX News article, admirably entitled ?Economics 101,? from 2007 defending Bush budget deficits and downplaying emerging fears about the Subprime Crisis:

Half of Americans think Obama started TARP: