Four years ago, Republicans led by then-new House Majority Leader Eric Cantor (R-VA) began taking credit for the economic progress made since the Bush recession began in December 2007. Just 19 days after the GOP had assumed control of the House, Cantor issued a statement declaring, “THERE ARE THE JOBS: Republicans Prevent Massive Tax Increase, Economy Begins to Improve.” In February 2012, then-Virginia governor and future convicted felon Bob McDonnell assumed the role of GOP mythmaker, explaining, “Look, I’m glad the economy is starting to recover, but I think it’s because of what Republican governors are doing in their states, not because of the president.”
Now, the arsonists are once again taking credit for putting out the fire. During his holiday break from drowning government in a bathtub, Grover Norquist comically demanded Republicans take credit for the strengthening Obama recovery. Less than 24 hours after he picked up the majority leader’s gavel, Sen. Mitch McConnell (R-KY) dutifully complied:
After so many years of sluggish growth, we’re finally starting to see some economic data that can provide a glimmer of hope; the uptick appears to coincide with the biggest political change of the Obama Administration’s long tenure in Washington: the expectation of a new Republican Congress.
Of course, McConnell isn’t just wrong about the timing of the accelerating Obama recovery, which in the second and third quarters of 2014 had ramped up long before a GOP takeover of the Senate seemed likely. As it turns, the Republican Party deserves zero credit for the improving American economy. Make that less than zero. After all, from their opposition to the stimulus, the auto industry rescue, and the fed’s “quantitative easing,” to their debt-ceiling hostage-taking and draconian austerity policies in Washington and the states, Republicans have been undermining the economic recovery from the moment Barack Obama first took the oath of office.
Continue reading about the Republicans’ economic sabotage below.