What Establishment? - National Review Online: Campaign season is not a time for truth. It’s a time for candidates, the press, and the voters to tell themselves fables.
The Democrats’ fable this year is straightforward: President Obama has been a failure at reviving the economy because the hole dug by George W. Bush and the Republicans was so deep that it will require a second Obama term to fully reverse the damage. Further, the obstructionist Republicans in Congress are blocking the kind of “progressive” reforms, like new taxes on the rich, that would solve our budget and deficit emergencies and boost economic growth.
#ad#Democrats fondly imagine that merely taxing the rich will balance the federal budget. A few facts: The president got everything he asked for from the Democratic House and Senate in 2009 and 2010. This included a massive stimulus that was supposed to “create or save” 3.5 million jobs, an elephantine new health-care entitlement, and financial regulation. Since the midterm elections, it is not the Republicans alone who have blocked Mr. Obama. The Democrat-controlled Senate has failed to pass a budget resolution since April 29, 2009. In May of 2011, the Senate voted 97 –0 to defeat the president’s budget proposal.
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