This week, the House GOP unanimously rejected the Obama-led bailout initiative to bolster the sagging economy. Why?
The GOP claims to the be a “party of principle” against deficits, government bailouts, etc. The GOP believes that trickle-down economics is the only way to go and feels the answer is simply more tax cuts.
If the House Republicans are truly a party of principle, John Boehner, Eric Cantor and the House GOP leadership should immediately announce that the House Republicans will refuse to accept any bailout funds coming into their districts. Stephen Colbert suggested they do on his show last evening, a brilliant idea don’t you think?
By rejecting bailout funds, the House Republicans send a strong message of principle not only to Barack Obama and the Democrats but also to their constituents. Think of the strong message that would send! Why, even Rush Limbaugh would be delighted with this principled response, don’t you think?
Do they have the guts to do it? Of course not. They really aren’t that principled. What do you think?