Posted on 28-10-2010
Filed Under (Politics) by Rashtrakut

The list of deficit peacocks preening their fraudulent fiscal conservative plumes keeps growing.  It is scary to think that a party so detached from reality will shortly be rewarded with a return to power.   Some more examples are noted below:

  • The original tea partier Pennsylvania’s Pat Toomey when asked for specifics on spending cuts retreated to the standard Republican talking points which will do almost nothing to cut the deficit. Video clip is below:

  • Mike Lee the soon to be Republican Senator from Utah wants to slash federal spending by 40% while extending the Bush taxcuts and without cutting Social Security and defense.  Whatever he is smoking must be nice.  It has created a rosy tea party alternate reality.
  • Republicans are unveiling a bold plan to expand the deficit by replacing the Paygo rules currently in effect (requiring tax cuts and spending increases to be offset) with “Cutgo” (requiring only spending increases to be offset).  Even though the empirical evidence under Ronald Reagan and George W. Bush indicates otherwise, Republicans continue to delude themselves that tax cuts do not diminish revenues.

It is going to be a long long two years in Republican Fantasia.

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