The cornerstones of congressional Republicans’ “Pledge to America” are to repeal President Obama’s health care reforms, to keep the Bush tax cuts for the wealthy in place, and to roll back non-discretionary spending to 2008 levels before TARP and stimulus.
In other words, they want to take us back to the policies that were in place in 2008, at the worst point in the recession.
Economists say that recovery has begun (see below), and the nonpartisan Congressional Budget Office credits the stimulus package with lowering the unemployment rate.
Signs of recovery:
CBO Report (August 2010)
The economic recovery has been frustratingly slow, but Obama’s policies are moving us in the right direction. The Republicans want to move backward.