Jul
29
2009
Are Republicans the Economic Pessimists?
Posted by: realclearmarkets in RealClearMarketsAre Republicans too pessimistic about the economy? I put this question to Sen. Jim DeMint (R., S.C.) this week, and it would be hard to describe his response as optimistic. The senator trash-talked Vice President Joe Biden’s recent defense of the stimulus in the New York Times, and he warned that any economic rebound will be short-lived because of the runaway spending-and-borrowing plans of the Obama administration.
Truth be told, respected economists like Donald Marron, Keith Hennessey, Bruce Bartlett, and Kevin Hassett have all carefully chronicled the fact that the Obama stimulus…
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