About 6 minutes into this video, Harry Reid said some things that Republicans should tattoo into Sen. Reid’s forehead:
Here’s what Sen. Reid said:
SEN. REID: The rich keep getting richer. The poor keep getting poorer and the middle class is under siege. This country can’t allow the gap between the fabulously wealthy and those that are just getting by to let their incomes going up and the middle class going down.
A little history lesson is in order to emphatically drive this important point home. In 2009, the Democrats controlled (dominated might be more descriptive) Washington. They passed a pork-filled stimulus bill that didn’t jumpstart the economy. Shortly thereafter, they passed a budget funding the government for the rest of FY2009. Since then, the budget blueprint hasn’t changed. After the Democrats’ shellacking in 2010, government has been funded through continuing resolutions. That means that, prior to a month ago, the government was funded by the Democrats’ FY2009 budget.
In short, Sen. Reid’s diatribe was unwittingly an anti-Democrat rant. He disparaged the Democrats’ budget blueprint.
Here’s another history lesson for the less-than-informed. As a youth, Harry Reid was an amateur boxer. It’s possible that Harry took a few too many shots to the head during his boxing career.
As usual, Charles added the requisite clarity to the situation:
CHARLES KRAUTHAMMER: Look, I think when you heard Harry Reid talking, it sounded as if the Democrats had been out of office and were railing against the current administration. Income inequality has risen dramatically under this administration. The Fed, with the blessing of the administration, is pumping $1,000,000,000,000 a year into the economy, which goes right into the stock market…
I’ve said for quite some time that there’s really 2 economies right now. There’s the Wall Street economy, which is assisted by K Street lobbyists and the Democrats’ crony capitalist policies. That economy is going strong. After all, it’s impossible to do poorly when a) you’re borrowing money without paying interest and b) you’re getting the benefit of a well-funded army of K Street lobbyists.
The other economy is struggling. It’s best called the Small Business Economy or the Main Street Economy. It’s struggling because it’s getting buried beneath an avalanche of regulations and tax increases. As the name suggests, this economy isn’t doing well because they a) don’t have an army of lobbyists or b) aren’t part of the Obama administration’s crony capitalist economy.
The DC suburbs and New York City are doing well. The stock market frequently hits new record highs. Meanwhile, people dealing with the Main Street economy are telling pollsters that they think we’re still in a recession.
During the coming campaign, Republicans should highlight this fact daily. They should remind people that the Democrats’ policies have been the policies that’ve directed this economy. Republicans should tell President Obama and Sen. Reid that, if they want to talk about income inequality, their first conversation should be with the man they see in the mirror each morning.
Technorati: Harry Reid, President Obama, Income Inequality, Continuing Resolutions, Budget Blueprint, Crony Capitalism, Democrats, Charles Krauthammer, Small Businesses, Main Street, Capitalism, Election 2014