Democrats think that the French and Greek votes are good news?
Democrats say that the angry, anti-austerity elections this week that saw voters throw out reform-minded French and Greek leaders could be good news for them, a signal that their plan to spend billions more than the Republicans is a vote winner.
Those elections “confirm the position that many of us have taken, which is the most important thing right now is to sustain and nurture the very fragile economy,” said Rep. Chris Van Hollen, D-Md., the ranking member of the House Budget Committee.
“While we have to develop and implement a long-term deficit reduction plan, we should be very careful in designing that, that we do nothing to hurt the fragile economy. In fact we believe that we should make some additional investments,” he added.
For example, he’s pushing for the passage of a massive $50 billion-plus infrastructure spending bonanza offered by President Obama, as well as spending on education, science, research and Middle Class programs. The reason: it would inject money into the economy and cut the 16 percent unemployment in construction and fix roads and bridges. . . .
Labels: deficits, EuroFinancialCrisis, governmentwaste, Obama2012, Obamaantibusiness
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