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Here's some reporting on the Republican Party's sabotague of the economy under Obama:
And here: How Republicans Sabotaged the Recovery – Foreign Policy
Tim Alberta’s new book, American Carnage, confirms and deepens previous reports that show just how cynically Republicans viewed the economic crisis of 2008. When Congress was debating a taxpayer-funded bailout in September 2008, Paul Ryan lectured his GOP colleagues that they needed to think of the country: “We’re Americans,” he said. “And if we don’t do something, this economy is going to crash.” However, Alberta notes, “n truth, Ryan feared not just the crash itself” but the prospect such a crash would lead to a Republican wipeout at the polls; he warned that a crash would lead to “FDR on steroids.”
After Obama took office, the entire Republican legislative calculus revolved around the premise that Republicans were engaged in zero-sum competition — anything that helped Obama pass a stimulus bill hurt their party. When Obama expressed openness to their stimulus ideas in a private meeting, Alberta reports, they reacted with panic. “If he governs like that, we’re all ****ed,” Eric Cantor’s communications director, Brad Dayspring, told his boss.
Alberta reports that Republicans declined to address infrastructure spending in their counterproposal to Obama precisely because they believed House Republicans would support it. “Boehner and Cantor both knew that the one thing that could buy off their members was big spending on roads and bridges,” Alberta reports. They declined to include any such spending in their offer, because the goal was not to improve the economic-rescue bill but to block it.
After Obama took office, the entire Republican legislative calculus revolved around the premise that Republicans were engaged in zero-sum competition — anything that helped Obama pass a stimulus bill hurt their party. When Obama expressed openness to their stimulus ideas in a private meeting, Alberta reports, they reacted with panic. “If he governs like that, we’re all ****ed,” Eric Cantor’s communications director, Brad Dayspring, told his boss.
Alberta reports that Republicans declined to address infrastructure spending in their counterproposal to Obama precisely because they believed House Republicans would support it. “Boehner and Cantor both knew that the one thing that could buy off their members was big spending on roads and bridges,” Alberta reports. They declined to include any such spending in their offer, because the goal was not to improve the economic-rescue bill but to block it.
And here: How Republicans Sabotaged the Recovery – Foreign Policy