There are major differences between how Democrats and Republicans have addressed our current economic crisis. Here is how we see it:
George Bush and Republicans fought to spend billions to bailout Wall Street banks and CEOs.
President Obama and the Democrats passed a plan that bails out the middle class.
Democrats are working to end “business as usual” in Washington, DC and support those who yearn for the common good and encourage our leaders to remember this country’s basic founding principle, “We the people.”
Anxieties about the long-term consequences of deficit spending are very real. Democrats have both the short-term aspiration of stopping the bleeding now for middle class families, and our long-term goals of balancing the budget so future generations aren’t stuck with the tab for the Bush years.
Democrats sympathize with voters of all political stripes who express a real sense of frustration at the greed and irresponsibility of the banks and their CEOs who got us into this mess. Democrats understand those that use almost Biblical terms, noting that the actions that got us here are part of the seven deadly sins including gluttony and greed. Democrats agree that getting paid for failure engenders a good deal of anger and runs counter to basic American values.
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