Big Spending Dems Refuse GOP Compromise on Unemployment Benefits...Then They Go On Vacation
by TexasGOPVote on July 2, 2010 at 12:03 PM
Yesterday Tom Donelson wrote an article for Texas GOP Vote highlighting the folly of the old school Keynesian economic model where, in a recession, the Government increases spending in order to stimulate the economy. Donelson compares the United States' current Big Deficit path to the European Welfare State model. Donelson notes that the Europeans have realized that running a deficit to get out a recession is like advising someone to drink until they're sober.
Add another example to the list of how the Dems Just Don't Get It - Unemployment Benefits. For weeks Congressional Democrats have been trying to paint a picture for the American people. According to Dems, The GOP is insensitive to the plight of the unemployed.
According to The Washington Examiner the House passed an unemployment extension bill late Thursday night. However, the bill that was introduced in the Senate, which would have added $33 billion to the $1.3 trillion deficit, came up a vote short. Republicans refused (with the exception of the two Republican Senators from Maine) to support any bill that added to the deficit. Republican Senate Minority Leader, Mitch McConnell (KY) offered a compromise which would have extended the benefits for two months as long as the bill could be offset with other funds. Majority Leader Harry Reid refused this compromise.
Afterward Senator McConnell went on record stating "The only reason the unemployment extension hasn't passed is because Democrats simply refuse to pass a bill that doesn't add to the debt," McConnell said. "That's it. That's the only difference between what they've offered and what we've offered."
That is so cruel of the GOP - Just like the Dems said! What's really cruel is that Congressional Democrats refuse to accept a Republican compromise which would not have added $33 billion to the deficit simply so they could continue to paint the GOP as heartless. Then the Dems go on vacation for the Fourth of July leaving the nation's unemployed in limbo.
As Tom Donelson wrote yesterday "The leftist mantra was 'eliminate spending restraint, raise taxes and who cares about sound money.'"
In reference to the recently released June unemployment numbers, Senator John Cornyn said "The President’s tax-and-spend stimulus strategy clearly isn’t working—nearly 700,000 Americans became so discouraged last month they left the workforce altogether. Every Washington power grab is creating more uncertainty for investors and job creators, and leaving more families without a paycheck."
Clearly the Dems still believe that we're going to spend our way out of this recession...who cares about paying the bills, we can always print more cash, right?