Sunday, August 3, 2008

Road to 60: The Ad Wars

As Democrats seem almost certain to pick up five Senate seats this November (Virginia, New Mexico, New Hampshire, Colorado, & Alaska), with many other races in single digits (Oregon, North Carolina, Mississippi, Kentucky, Minnesota, & Maine), the ad wars have already gotten heated.  


This latest ad from the DSCC is up in response to Elizabeth Dole's ad claiming that North Carolina needs her because of her "clout" in the Senate:  


In Oregon, in a race that has gone from double digits to neck and neck in just a few months, incumbent Republican Gordon Smith would like to fool Oregonians into believing that he is an independent, maybe even a Democrat.  How is Smith going about doing this? Well, the latest two ads Smith has released tout his relationship and supposed friendship with Senators Barack Obama and John Kerry and claim that he (Smith) has stood up to George Bush.   Smith is clearly doing everything he can to hide the fact that he is a Republican, but Smith is a Republican and this ad exposes why Oregon needs to elect Jeff Merkley to the Senate:


It's great to see the DSCC putting its extensive financial warchest to good use early on --- exposing the incumbent Republicans as what they truly are while allowing the Democratic candidates to stay above the fray and talk about solutions to the problems of their respective states and the country at large.   

The Republican Cycle Of Record Federal Deficits And Debt

The champions of deficit spending and the creation of debt are indeed the so called conservative Republican presidents.  On July 28, Mr. Bush's White House announced that the federal budget deficit for fiscal year ending Sept. 30, 2009, Mr. Bush's final budget, will be another whopping record of $482 billion --- by far the largest ever.  It was originally projected to be $400 billion. 
 
The White House also announced that this year's budget deficit for fiscal year ending Sept. 30, 2008 will be $389 billion.  It was projected early on to be $260 billion.  The White House and Mr. Bush are now trying to blame everything and everyone under the sun for this deficit explosion, but now it won't wash because of his record of reckless fiscal policies.  Lets look at Mr. Bush's irresponsible deficit spending and debt:
 
If the latest two projections on the deficit hold up Mr. Bush's total deficit spending for 8 years in office will be over $2.5 trillion and he will have added over $4 trillion to the national debt.  Ronald Reagan's total deficit spending for 8 years was $1.4 trillion and he added $1.9 trillion to the national debt.  Mr. Bush 41 (George Herbert Walker Bush) deficit spending for his 4 years in office was $1.03 trillion and he added $1.5 trillion to the national debt. 
 
I will let the readers add those numbers up so they can understand the reckless behavior of those so called conservative Presidents.  They will have served a total of 20 years when Bush 43 leaves office and did not balance one federal budget in those 20 years.  The reckless fiscal behavior of those 3 Presidents is the reason the economy was never sustained on their watch and why job creation was uneven and suffered job losses.  They never had a true economic policy.  They had a tax policy of trickle down economics which never worked to sustain the economy. 
 
Bill Clinton reversed Reagan-Bush 41 reckless behavior of 12 straight years of deficit spending and debt by reducing the deficit every year his first 4 years in office and then created a balance budget with surpluses each of his last 4 years.  His administration had a $62.8 billion surplus for his 8 years in office and paid down over $400 billion on the national debt.  Mr. Clinton had an economic plan that produced the greatest economy and created a record number of over 22.7 million new jobs.  He also left Mr. Bush a projected surplus of $5.6 trillion which Mr. Bush squandered. 
 
The Republican Party has no record of being fiscal conservative despite their lies.  The record shows their real intention, to bankrupt the country to deprive the government of funds for Social Security, Medicare, and other programs that have been a benefit to the American people.  Their tragic record speaks for itself.  And the present Mr. Bush is by far the most tragic.