You Mean Running Up Trillions in New Debt May Not Be Good Politics?
The Washington Post reported Sunday here, hattip to Instapundit, that the White House is getting nervous about the political fallout from the unprecedented spend-and-borrow binge upon which Obama has placed the country.
“Results from a Gallup survey released last week show that although more than six in 10 Americans approve of Obama’s overall job performance, fewer than half say they approve of how he is handling the deficit and controlling federal spending. The poll also shows a decline from the previous month in the percentage of Americans who approve of Obama’s handling of the economy, although a majority still does.”
Time now for the Republicans to press for repeal of the Bankrupt the Nation Act of 2009, otherwise known as the stimulus bill, before the Debt Supernova damages the country for generations. The closer we get to 2010 the more amenable Blue Dog Democrats in Congress will be to restraining some of this fiscal lunacy.
Gallup released another poll yesterday in which 40% of Americans describe themselves as Conservatives as opposed to 21% who claim that they are liberal. The Republicans lost the 2006 and 2008 elections in a country in which such a large percentage of the population is conservative largely by convincing many of those conservatives that there was no difference between them and the Democrats on government spending. The Bush administration’s sponsorship of the Bailout Swindle of 2008 was the final straw for too many conservatives who stayed home on election day or who voted for Obama . Now the Democrats are proving, once again, that, in general, the Republicans cannot match them for completely feckless government spending. The Republicans have an opportunity here, but only if they convince the public that they have mended their ways. Heaven help the Republicans if they win in 2010 and 2012 and simply go back to the fiscal irresponsibility that drove them from power in the first place.