Republicans doing their best to sink the U.S. economy
Anyone with even a flimsy grasp of political science recognizes that President Obama’s re-election prospects likely will improve if the American economy improves as the year goes on.
The flip-side of that equation, then, is that Republican fortunes likely will improve if the economic recovery stalls.
This raises the question of whether GOP lawmakers will simply watch with barely disguised delight at any downward economic trend — or actively do what they can to make sure that happens.
Michael Tomasky has a THEORY in that regard:
Every out-party does a little discreet cheering for the economy to be weak. But the GOP has put itself in a unique position. By opposing everything Obama wanted with such ferocity; by saying all those thousands of times that he had no clue about the economy; by sending out a parade of presidential candidates, from the semi-serious to the clown posse, all of whose central criticism of Obama is that he killed the economy—in all of these ways the party has more invested in economic failure than any out-party I can remember in my lifetime.
UPDATE: Brian Beutler has another angle on all of this HERE.