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Sununu: Deregulation, Lower Taxes Will Cure Recession

by: Dean Barker

Fri Feb 27, 2009 at 21:18:59 PM EST


And the first campaign ad to go up against Sununu '10 writes itself:
The key to solving the current economic crisis is to return to President Reagan's values of deregulation and lower taxes, [John E. Sununu] added.
I've had this article on my screen for almost an entire day, which is practically a lifetime in blog years.  But I seriously had no idea what to add to that statement.

Because what on earth could you add to that? After 28 years of a governing philosophy of deregulation and tax cuts, accelerated during the last eight, The Smartest Man Not in the Senate's idea to fix our economic collapse is more of the same?

But it gets better.  John E. trots out the usual nation-bashing stereotypes to make his radical free marketeer points:

"The answer is not to become more like [someone in audience says "France"] I couldn't bring myself to say it," Sununu said. "Again, we've become so focused on the challenges we face. I don't want to say we've become desperate. We start getting in to some of these arguments being made by those who have always wanted us to be like France, and so now they seem to have an opportunity to say that's the solution in this crisis.
Of course, in France, they've stopped complaining about health care a long time ago, but I digress.

You really should read the whole piece, though. It is the portrait of a man in denial about why he and his party lost in 2008. The projection of cluelessness is so strong, imho, that I am more convinced than ever he's going to run for Gregg's seat.

Dean Barker :: Sununu: Deregulation, Lower Taxes Will Cure Recession
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return to the Reagan legacy? (0.00 / 0)
I'm guessing SonE would like to return to the Reagan MYTH.
Given that St. Ronnie raised taxes several times after the big tax cut, the myth would obviously be preferable.

The Great Taxer, by Paul Krugman June 2004.

sanctimonious purist/professional lefty


Wow (0.00 / 0)
This is staggering.  How can any sane person look at Wall Street today and argue for deregulation?  Doesn't he realize that the ability of markets to function depends on confidence in their integrity, and that this is at staggering depths after a torrent of fraud, abuse, and greed?

Only a rabid ideologue could think this way -- one less concerned about protecting capitalism than defending a failed ideology from the facts that betray it.

I spoke to Congressman Hodes yesterday.  He's fired up and ready to go.  If John E. didn't get the message last November, Paul will give it to him but good in 2010.


Reagan's values: make government less effective, more expensive, and stop paying the bills. (0.00 / 0)
Let the tough choices about cleaning up that mess come when those tax and spend Dems are in power.  Why deal with now what you can put off until your political opponents have to take the hit for it, am I right?


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