The country has a very large debt built up from years and years of borrowing since Reagan. Bush's last budget year had a deficit of $1.4 trillion! This borrowing was caused by:
1) Conservative tax cuts for the rich under Reagan and Bush II that broke the budget.
2) Conservative spending increases, mostly on military. more »
The U.S. Chamber of Commerce announced yesterday that it would “develop a sweeping national advocacy campaign … to defend and advance America’s free enterprise values in the face of rapid government growth and attacks by anti-business activists.” The Chamber doesn’t get it. They aren’t defending capitalism and free enterprise. They are all but destroying it.
Protesters at the “Tea Party” in Washington yesterday (see our video here) had a jumbled message against everything from taxes, government spending, Obama, and pork. As I walked amongst the crowd, the anger and outrage against the recession were real and palpable. more »
For years, conservatives have kowtowed to the heads of big corporations, who want trade deals that pave the way for them to move manufacturing operations overseas—at tremendous cost to American workers and our economy. John McCain wants to continue this trend, vowing to “remove barriers to free trade,” even though a majority of Americans view foreign trade as a threat to our economy, according to a CNN poll. Only one in four Americans share McCain’s view that free trade offers the U.S. an opportunity for economic growth. Progressives can offer Americans the choice they want by securing America’s place in the global economy through fair trade and a revitalization of America’s critical manufacturing sector.
More than half of Americans currently hold an unfavorable opinion of the Republican Party. They are angry about conservative politicians’ abuse of power, their mismanagement of the economy, and the impact conservative failures have had on their everyday lives. Progressives can’t allow conservatives to continue downplaying their mistakes and attempting to cover them up with promises of reform. Making Sense has assembled a top ten list of the worst conservative failures of the Bush years; now it’s time to hold them accountable for each and every one.
Conservatives don’t want to admit that our economy is in miserable shape. Less than two weeks ago, John McCain said, “I still believe the fundamentals of our economy are strong.” But Americans simply don’t believe it—they think we’re in a recession. And whether or not the economy is technically in a recession, we can point to a different economic indicator of conservative failure: the misery index.
nytimes.com — The Food and Drug Administration needs far more money than the White House has proposed for next year, senators of both parties said Tuesday. “To us, it’s clear that they’re seriously underfunded,” Senator Herb Kohl, Democrat of Wisconsin, said after a hearing of the Appropriations subcommittee, headed by Mr. Kohl, that oversees the agency’s spending.
nytimes.com — After the federal government announced in February that it would no longer use travel trailers to house the victims of future disasters, there was an initial sense of relief along the hurricane-scarred Gulf Coast.
ap.google.com — After resisting for years, the Federal Emergency Management Agency is setting strict new limits on formaldehyde levels in the mobile homes it buys for disaster victims.
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Conservatives don’t want to admit that our economy is in miserable shape. Less than two weeks ago, John McCain said, “I still believe the fundamentals of our economy are strong.” But Americans simply don’t believe it—they think we’re in a recession. And whether or not the economy is technically in a recession, we can point to a different economic indicator of conservative failure: the misery index. 
