Gingrich's 'Obama depression'

Never a TV around when you need one. I have saved the CNN transcript of last night's GOP presidential debate in New Hampshire and will try to read it along. In the opening segments, the participating candidates briefly introduced themselves, mentioning their accomplishments and family members.

Newt Gingrich, former speaker of the U.S. House, stuck to that old GOP stand-by, “If you can’t say something good about yourself, say something bad about Obama.”

“I'm Newt Gingrich, former speaker of the House. And when 14 million Americans are out of work, we need a new president to end the Obama depression.”

Obama depression?

Mr. Gingrich, if you would take a little time to focus on your campaign, you can easily Google "comparing economy in Republican and Democratic administrations." You will find all sorts of data and graphs showing this economic mess began in Dubya's administration.

And, that's pretty much been the case with every Republican administration since FDR.

With only a few clicks, sir, you can find out under which party’s administrations paychecks grew. You can even find out how much you would have today if you had invested $10,000 under one administration or the other.

I've gotta tell you I am amused by one Web site's claim that statistical proof is "unfair to Republicans, because most wars are started under Republican administrations, and wars cost money." Yep, and the tab is still running on two of them.

You simply cannot dispute the facts. Of course, you have to examine them first.

Here’s a start:

The Washington Monthly: “There’s just no way around it, Democratic administrations are better for the economy than Republican administrations.” LINK

The Idea Blog, The New York Times: “The Census Bureau has tracked the economic fortunes of affluent, middle-class and poor American families for six decades. According to my analysis, these tabulations reveal a wide partisan disparity in income growth. The real incomes of middle-class families grew more than twice as fast under Democratic presidents as they did under Republican presidents. Even more remarkable, the real incomes of working-poor families (at the 20th percentile of the income distribution) grew six times as fast when Democrats held the White House.” LINK


Anonymous said...

I can't believe Gingrich said that and I was unaware of a debate. Guess I can catch it on Hulu. Thanks.


Leslie Parsley said...

In the first place, this was no debate. It was more like an echo chamber with one target: Obama. According to these Neanderthals, EVERYTHING is Obama's fault, including the economy, unemployment, etc. Facts and truth had no bearing in their arguments. Sadly, the uninformed accept these fallacies without ever bothering to check them out in authoritative sources.

Gingrich can't even keep his campaign together. How is he supposed to keep the country together. And wasn't it his plan that brought the government to its knees a few years back?

The Republicans have no desire to create jobs and improve the economy. That would ensure Obama's re-election and they have no qualms about holding the American people hostage in order to regain control.

beth said...

Absolutely an "echo chamber" and a waste of my time last night . . .

Tiny said...

Ditto to the echo chamber. And the Obama bashing has no ends. All 7 of the GOPers kept at it with practically every question, if not all of them. Listening to them was a waste of time so far as substance and solutions are concerned. A pathetic noise polution best describes it in my opinion.

Jerry Critter said...

Let them bash all the want. It will not change the facts that the republicans caused this recession, that republicans are extending this recession, and that republicans have no viable plan to get us out of this recession.

Their plan is what got us into this mess in the first place.

Mark @ Israel said...

Was that really a debate? These candidates aren't really worth considering to become the next president. It's only a waste of time to listen to them. Isn't there anyone more competent and qualified to run?