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The Republican’t Party can no longer be the party of “no.” With a majority in the House they are in the awkward position where then need to DO. Which is a precarious place to be. Economic progress under their watch can be construed as progress for the President. Failure could mean another sea change in the House. So the WJS attempts to talk the GOP through this delicate tango:

The other advice we’d offer is to keep in mind that Republicans did not run in 2010 to be national accountants. While cutting spending to reduce the deficit, they should keep the political and policy focus on promoting economic growth and private job creation. This should be the larger avowed purpose of their cuts in spending, their scrutiny of new regulations, their proposals for tax reform, or their questioning of the Federal Reserve.

Thanks to the failure of the Obama-Pelosi spending stimulus, the voters are once again listening to Republicans on the economy. They should not cede that ground back by turning into mere deficit scolds.

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2 Comments

  1. Sounds like the War Street Journal likes big business and big government. Of course that has always been the case, they just have to be more open about it now. Next thing you know Obama will be choosing a J P Morgan Chase guy or a Boeing guy to run his staff. Oh! sorry, he already did.

  2. Here’s a good way via The Onion for the Republicans not to be a deficit scold:

    Revamped WPA To Create 50,000 New Jobs By Disassembling, Reassembling Hoover DamJanuary 7, 2011 | ISSUE 47•01

    WASHINGTON—In an effort to boost the economy and promote job growth, representatives from the newly revived Works Progress Administration announced Thursday their plan to dismantle, piece by piece, the 3.25 million cubic yards of concrete forming the Hoover Dam, and then immediately rebuild it. “This is a vital initiative,” said WPA director Ted Doogan, who was appointed last week. “Systematically tearing down such a massive edifice will create at least 25,000 jobs over the next five years. And then reassembling it, using all the same pieces in the exact same configuration, will employ another 25,000 workers. America is back.” Other public works projects currently underway include the bulldozing of libraries, the burning of national forests, and the defacing of public murals, which will be followed by a massive plan to rebuild libraries, revive national forests, and repaint public murals.


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