Andy Ostroy: The Economy is Recovering, No Thanks to Republicans

by Melanie on 14/12/09 at 11:02 am

“It’s the Democrats’ economy, stupid.

One year ago the United States economy was on the precipice of catastrophic meltdown. One year later America’s financial system, while not thriving, is surely showing signs of surviving and climbing back from its abysmal state, with a broad range of economic indicators signaling the early stages of recovery. The economy is indeed turning, and it’s done so with absolutely no assistance from Republicans, who’ve elected instead to take the calculated political risk of becoming the Party of No as the GOP plots its upcoming election strategy. Not surprisingly, not one Republican voted for President Obama’s stimulus plan last Winter; just one voted for Health Care reform; and none voted for last Friday’s financial reform bill. In short, they’ve marched in negative lockstep on every single piece of economic legislation this year, effectively dumping the economic crisis in the laps of Democrats, hoping to loudly lay blame in the event there’s little or no improvement. I bet they even have the campaign ads already written. But given the economy’s progress to-date and its likely future upward direction, “NO” is probably not the best strategy going into next year’s mid-terms”

via Andy Ostroy: The Economy is Recovering, No Thanks to Republicans.