Just a couple hours ago, Chris posted the latest gloomy economic news:
Jobless claims hit 26 year high.
But, one of the top Republican leaders thinks that Democrats are "overreacting" in their attempts to fix the economy.
Overreacting?GOP Whip Eric Cantor thinks his party can retake the House in next year's midterm elections -- and accused Democrats of "overreacting" to the economic crisis by embarking on a federal spending spree.
The Virginia Republican, speaking to reporters at the Christian Science Monitor breakfast Thursday morning, praised Rush Limbaugh for his "ideas" and for avoiding the Democratic error of "overreacting, as they often will, to crisis."
If Eric Cantor ever took one step outside of the Capitol Hill bubble, he'd know that people are suffering -- and want their government to act.
John McCain was even in the polls with Barack Obama until mid-September. After the collapse of Lehman Brothers, when it was clear our economy was tanking,
McCain said the fundamentals of our economy were strong. His campaign started to tank.
Eric Cantor just pulled a McCain. He showed just how out of touch the Republican Party is. It's bad enough that Cantor and his fellow Republicans created the economic crisis. It's worse that they're doing everything possible to prevent it from being fixed.
DNC National Press Secretary Hari Sevugan blasted Cantor:
On the day we learned that jobless claims rose to their highest levels in 26 years, Eric Cantor's charge that anyone is 'overreacting' to this economic crisis typifies the Republican just say 'NO' approach. Whether it's because they are simply out of touch with the pain American families are feeling, or they understand but are choosing to play politics instead, the lack of urgency shown by the Republican party at this time of crisis is appalling.
It is appalling.
Overreacting. Wow.
NOTE FROM JOHN: These guys don't think we're in an economic crisis. Remember when Phil Gramm, John McCain's top economic advisers, said we were in a mental recession, that the economic crisis was all in our minds? Then there's the GOP coordinating their own governors to turn down the economic stimulus money, something that jeopardizes the entire economic recovery nationwide. The only reason they would do is either they don't care if they help send the nation into a recession, or they don't believe the economy is really that bad.
This is why the Republicans all voted against the stimulus package. This is why their "alternative" legislation was practically all tax cuts. They don't think we're in a crisis. They don't think the economy is that bad. The still believe that the "fundamentals of our economy are strong."
This is the question that everyone, including the media, should be asking ever Republican politician today: Do you believe that we are in an economic crisis or not?
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