Archive for economic stimulus – Page 2

VIDEO, PhotOH! Paul Ryan's pattern of hypocrisy: His stimulus funding story makes front pages of most WI papers

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Welcome to the Paul Ryan Hypocrisy Visual post o' the day. Videos and screen grabs galore!

The screenshots below from the Newseum show a few front pages from Wisconsin newpapers that highlight Paul Ryan's hypocrisy on his lobbying for the same stimulus funds from President Obama's economic recovery plan that he claimed to reject. Enjoy, and tell a friend!

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2002 VIDEO: Hypocrite Paul Ryan supported economic stimulus under Bush

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2002:

2012:

More at Think Progress.

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VIDEO- Heckler to Paul Ryan: “Why did you lie about accepting stimulus funds?”

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“Why did you lie about accepting stimulus funds?”

This took place at a Virginia town hall meeting. Of course, Paul Ryan wouldn't answer the question.

Who can blame Coupon Paul after being caught red-handed in a lie, once again embarrassing himself to the point where Rachel Maddow devoted an entire segment to it:

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If one were to look up the word "liar" in the dictionary, you'd find "Mitt Romney and Paul Ryan."

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VIDEO: The answer to the recession that GOP believes in, but with a Dem in the White House, will not support

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Not only is "government employment" (public sector jobs) popular, it also lowers the unemployment rate and allows Americans to buy things, which in turn helps businesses, which in turn boosts the economy.

But the GOP insists on blocking the very things that would improve the situation we're in, because Obama is the president and they don't want him to succeed.

One way President Obama supports stimulating the economy is through government spending, the very thing previous Republican presidents did, as Ezra Klein clearly points out in the video. Hiring teachers, firefighters, and police officers has been rejected by Willard Romney, as has government spending, even though he knows better:

Halperin: Why not in the first year, if you’re elected — why not in 2013, go all the way and propose the kind of budget with spending restraints, that you’d like to see after four years in office?  Why not do it more quickly?

Romney: Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5%.  That is by definition throwing us into recession or depression. So I’m not going to do that, of course. [...]

Cutting government spending will throw us into a recession or depression? No Christmas cards from the Ryan household this year, Willard.

Austerity isn't working in Europe, and it won't work here. Short-term spending would.

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VIDEO: President Obama Press Conference on the Economy, June 8, 2012

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:

President Obama calls on Congress to pass the bipartisan, paid-for ideas that he proposed last year to put construction workers back to work upgrading our roads and bridges, teachers back in the classroom educating our kids and police and firefighters back on the job keeping our communities safe, and addresses the state of the economy, including the situation in Europe, which continues to pose headwinds to our recovery here at home.

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VIDEO: Paul Krugman Destroys Every Republican Argument for Austerity

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Paul Krugman was on Real Time with Bill Maher, and he went head to head with Arthur Laffer, destroying every conservative argument for austerity:

We are in a depression. We are actually in a classic depression. A depression is when nobody wants to spend. Everybody wants to pay down their debt at the same time. Everybody is trying to pull back, either because they got too far into debt, or because if they’re a corporation, they can’t sell because consumers are pulling back. The thing about an economy is that it fits together. My spending is your income. Your spending is my income, so if we all pull back at the same time, we’re in a depression. The way to get out of it is for somebody to spend so that people can pay down their debt, so that we don’t have a depression. So that we have a chance to work out of whatever excesses we had in the past, and that somebody has to be the government.

We ended the Great Depression with a great program of government spending for an unfortunate reason. It was known as World War II…but when the war broke out in Europe, and we began our buildup that Great Depression that had been going on for ten years. People thought it would go on forever. Learned people stroked their chins and said there are no quick answers. In two years, employment rose 20%. That’s the equivalent of 26 million jobs today, the depression was over. We had full employment, and it never came back, or it didn’t come back until 2008, because people managed to pay down those debts, and we had a durable recovery.

For more, read the excellent post by our friends at Politicususa, here.

And there's a TPC post that's been getting a lot of attention and piles right on, right here, in which Willard Romney invalidates the GOP meme, too. So does Nick Hanauer.

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VIDEO: Mitt Romney slips, tells the truth, completely invalidates GOP Economics 101 + says Bain "didn't create" jobs

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The whole Republican premise of austerity GOOD, stimulus BAD just got flushed down Willard M. Romney's gold-plated toidy. From the guy who usually lies his coiffed head off, a moment of truth slipped out.

Esquire's Charles Pierce gives us the original quotes from the Mark Halperin interview with Mitt that Chris Hayes refers to in the video clip above. I also included part of Pierce's perfectly-worded reaction:

Halperin: Why not in the first year, if you're elected — why not in 2013, go all the way and propose the kind of budget with spending restraints, that you'd like to see after four years in office?  Why not do it more quickly?

Romney: Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5%.  That is by definition throwing us into recession or depression. So I'm not going to do that, of course. [...]

Cutting government spending will throw us into a recession or depression? No Christmas cards from the Ryan household this year, Willard.

What's that word again? Oh yeah:

But wait! There's more! Thanks to Jed Lewison, we have video of Willard debunking his own "Bain Capital: Job creator" claims in, count 'em, nine seconds. First the claims (H/t: @MzYun):

Now the very succinct debunkitude:

Mitt Romney, March 13, 2012, KMOV TV St Louis, Missouri:

"We didn't create them ourselves, they [the businesses we invested in] did."

Note to Mitt: It's the middle class that creates jobs.

Here's the entire Maddow show segment:

Visit msnbc.com for breaking news, world news, and news about the economy

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