MasterJaguar01 -> RE: Translation from Republicanese (8/14/2011 7:58:41 PM)
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ORIGINAL: Theon38 quote:
There are many problems with the "Tea Party" Not the least of which is their complete lack of understanding of how our economy works. They don't understand how capitalism works. That's interesting. How does the Tea Party think that capitalism works and how does it actually work? How does the Tea Party think that our economy works and how does it actually work? First of all, I am well-aware that the Tea Party is not an individual person. Secondly, I base my opinions on the comments I hear from Tea Party rallies (granted they are of people that the MSM has decided to show me), AND of politicians who claim to be members of the "Tea Party" (yes I know it's not a "party", but they claim to be members). There is however, a Tea Party caucus in the House, of which Michele Bachmann is the leader. RE: Capitalism... Our economic system is driven by the success of the middle class. If the middle class is prosperous, we ALL (small business, big business) are prosperous. There is a plethora of VC money for entrepreneurs. (AND the government is solvent (Tax Revenues are up, Social Security Revenues are up)). Tea Partiers (again, the ones I have heard comment) are no different than the rest of the Republican party in erroneously professing that the top income earners are the drivers of the economy ("job creators"). They are NOT. They are not evil. They don't deserve to be punished. They are just smart capitalists. Further, Tea Partiers (again, the one I have heard comment) are no different than the rest of the Republican party in erroneously professing that small business owners are the top income earners. 97% of them are not. Running a small business requires lots of capital, and reinvestment. Small business owners don't take large sums of money out of their businesses and put it in their pockets. They work on GROWING their businesses. Unless the middle class has money to spend to buy their products or services, they won't spend a dime hiring anyone (why should they?) Michele Bachmann herself has made a plethora of erroneous statements about the economy and the debt ceiling, which demonstrate: 1) Her lack of knowledge on the issues 2) Her hatred for Obama One example: She said that President Obama got a "blank check" for 2.4 trillion when the debt ceiling was raised. Putting aside the complete oxymoronic nature of the entire assertion (Blank checks are wellllll blank and don't have a value written in), the statement is completely ridiculous on its face. Obama personally didn't get ANYTHING when the debt ceiling was raised. We as Americans were saved from a much bigger financial calamity when the debt ceiling was raised. She fundamentally does not understand that the debt ceiling has NOTHING to do with Obama's or Congress' policies moving forward. It is a limit on the US Treasury's ability to borrow money (by selling bonds) to fund policies already APPROVED by Congress. As for Obama, I am the first (ok, maybe the second or third) to say that he has failed in a few places: 1) The healthcare bill (wrong bill, wrong time) 2) The debt ceiling (He should have stopped that nonsense right away, and said to the Republicans "Vote to pass a one-line bill to raise the debt ceiling, or I will instruct the US treasury to act in any way they deem necessary to protect the full faith and credit of the United States" 3) Showing ANY kind of leadership at all with regards to the economy However, I am not driven by a hatred for him. In summary, if you want to say that Michele Bachmann is a poor representative of the Tea Party, fine. Point me to a Tea Partier who knows his/her ass from a hole in the ground. Better yet, point me to ANYONE running for President (on either party) who would make a better President. (You are most certainly entitled to your opinion, but I see NO ONE in the Republican field who understands ANY of the above (Tea Partier or not))
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