Thursday, December 31, 2015

Republican candidates do not learn from experience

I know. Duh. But it's worse.

They are defending failed GOP policies with even more vigor - "Doubling Down on W" as Paul Krugman puts it. Krugman in the NY TImes, writes about how the GOP candidates fail to learn from the disastrous policies of George W.

... you might have expected the debacle of George W. Bush’s presidency — a debacle not just for the nation, but for the Republican Party, which saw Democrats both take the White House and achieve some major parts of their agenda — to inspire some reconsideration of W-type policies. What we’ve seen instead is a doubling down, a determination to take whatever didn’t work from 2001 to 2008 and do it again, in a more extreme form.

Start with the example that’s easiest to quantify, tax cuts.

Big tax cuts tilted toward the wealthy were the Bush administration’s signature domestic policy. They were sold at the time as fiscally responsible, a matter of giving back part of the budget surplus America was running when W took office. (Alan Greenspan infamously argued that tax cuts were needed to avoid paying off federal debt too fast.) Since then, however, over-the-top warnings about the evils of debt and deficits have become a routine part of Republican rhetoric; and even conservatives occasionally admit that soaring inequality is a problem.

Moreover, it’s harder than ever to claim that tax cuts are the key to prosperity. At this point the private sector has added more than twice as many jobs under President Obama as it did over the corresponding period under W, a period that doesn’t include the Great Recession.

You might think, then, that Bush-style tax cuts would be out of favor. In fact, however, establishment candidates like Marco Rubio and Jeb Bush are proposing much bigger tax cuts than W ever did. And independent analysis of Jeb’s proposal shows that it’s even more tilted toward the wealthy than anything his brother did.

[snip]

The point is that while the mainstream contenders may have better manners than Mr. Trump or the widely loathed Mr. Cruz, when you get to substance it becomes clear that all of them are frighteningly radical, and that none of them seem to have learned anything from past disasters.

Why does this matter? Right now conventional wisdom, as captured by the bookies and the betting markets, suggests even or better-than-even odds that Mr. Trump or Mr. Cruz will be the nominee, in which case everyone will be aware of the candidate’s extremism. But there’s still a substantial chance that the outsiders will falter and someone less obviously out there — probably Mr. Rubio — will end up on top.

And if this happens, it will be important to realize that not being Donald Trump doesn’t make someone a moderate, or even halfway reasonable. The truth is that there are no moderates in the Republican primary, and being reasonable appears to be a disqualifying characteristic for anyone seeking the party’s nod.

Being reasonable implies a reliance on facts as a foundation for policy. On the GOP primary stage, facts are not playing well.

Check out Krugman's column for other examples of the failed policies that the GOPlin candidates are resurrecting from W's administration.

No comments:

Post a Comment