Republicans, the same people who ran up enormous deficits and national debt under Ronald Reagan, George HW Bush, and George W. Bush, now are claiming to be born-again “fiscally conservative.” Except, as the saying goes, “the more things change, the more they stay the same.” Here’s the latest.
A Republican plan to extend tax cuts for the rich would add more than $36 billion to the federal deficit next year — and transfer the bulk of that cash into the pockets of the nation’s millionaires, according to a congressional analysis released Wednesday.
New data from the nonpartisan Joint Committee on Taxation show that households earning more than $1 million a year would reap nearly $31 billion in tax breaks under the GOP plan in 2011, for an average tax cut per household of about $100,000.
That’s right, Republicans are proposing to shower $100,000 per household onto the richest of rich Americans, while cranking up the deficit by $36 billion, all while running around claiming (as in this unintentionally hilarious video) they are “fiscal conservatives.” The question is, why does anyone – particularly the “Tea Party” people – listen to these flaming hypocrites on anything? The fact is, Democrats historically have been far more fiscally “conservative” than Republicans, with the last U.S. budget surplus having been achieved under Bill Clinton.
All of which means, of course, that if you are truly a fiscal conservative, you should either vote Democratic this November, vote for a third-party candidate, or not vote at all. Your absolute last choice, only if there’s nobody else on the ballot and they force you at gunpoint to vote, should be the “tax cuts for the wealthy, nothing for the middle class, crank up the deficit” party. Other than that, don’t even think about it. Unless you’re a megamillionaire who doesn’t care about our country’s fiscal future, of course.
UPDATE: If you’re tired of listening to the hypocritical “fiscal conservatives,” how about the bigoted “family values” conservatives instead? Hey, nobody ever said the modern Republican Party wasn’t diverse – many varieties and flavors of insanity, all under one umbrella, just for you! LOL