Unintentional Comedy Alert: Garrett says “stop the madness”
Subtitled: “Wherein I eviscerate the latest ridiculousness from my odious and clueless Representative
In the latest installment from Mr. 12-1, Scott “the nut” Garrett pens an absolutely ridiculous editorial in yesterday’s Bergen Record about the stimulus/jobs/recovery bill – arguing his points as to why he voted against it.
This is a man who can claim that he thinks “many of these programs may be worthy of federal support, but there is little need to include them in a stimulus package today”, yet he has voted against worthy federal programs such as assistance for victims of elder abuse, health care for children, relief from Hurricane Katrina, and nearly every single bill that involves federal spending – something that makes Garrett regularly the only NJ representative voting (and many times one of 50 or less out of more than 400 total representatives) for or against something on any given week.
What makes this even more laughable is when one looks at his reasoning, comparisons, justifications and alternatives, there is nothing to suggest that he even knows what he is talking about – let alone do anything to help the struggling families of NJ’s fifth district stay in their homes, keep or obtain employment or deal with the rising costs of healthcare.
First, Garrett talks about what he envisions:
Cutting taxes on labor and investment helped pull our country out of recession in 2003 and 1981, and doing so again would accomplish all of the things people seeking fiscal stimulus want and more.It would provide an immediate cash infusion to American families and businesses, and their spending decisions would be based on economic conditions rather than political considerations.
Now, besides the point that many American families struggled in the 1980s under Reagan’s “trickle down” theory, and that the “recovery” in 2003 was pretty much a jobless recovery, as job losses have mounted under the business tax cuts and outsourcing mania of the past 8 years, we can see how Garrett voted against regulating Fannie and Freddie, which would have contributed to stemming their involvement in the housing crisis, and sponsored his own version of an economic stimulus plan just over one year ago consisting exclusively of corporate tax cuts. Click below for more:
Someone please tell me how a corporate tax cut or credit will actually create more jobs or help people stay in their homes or deal with the rising costs of pretty much everything. How will corporate tax breaks, as Garrett says, “provide an immediate cash infusion to American families”. Has this happened over the past 8 years, as corporate tax breaks (if not outright rate cuts) have resulted in fewer jobs in the US as more are outsourced overseas and have led to more profits in certain sectors, even as prices have increased for consumers? Garrett not only fails to cite any support for his assertions, but studies have shown that this is simply not true – even if one were to look at the impact on Bush’s tax cuts on jobs in New Jersey. In fact, here is a comparison of the impact of various cuts/spending programs on GDP, and here is another chart that shows the impact a bit differently.
Garrett also talks about the huge deficit – as he always does when pretending to be a “budget hawk”, yet he has consistently voted for a never-ending stream of billions to “fund the war in Iraq”, and hasn’t done anything about the absolute waste and fraud that has been perpetuated against the American people by KBR, Halliburton and other republican cronies.
If Garrett wants to do something meaningful, he can address the fact that New Jersey gets less back from the Federal government relative to every dollar that its’ taxpayers send than every other state ( this is from 2005, which is the latest year I could find data on, but the state was also last in prior years as well). Some of the jobs created in this recovery bill will be in New Jersey, and there will be investments in infrastructure – which not only helps create jobs now, but helps this district, state and country be more competitive in the future.
Garrett also ridiculously compares this bill to Japan, citing the investment of $6.8 trillion in infrastructure, and the impact in its economy. Of course, Garrett’s scary comparison doesn’t consider that this amount was (1) nine times the amount in this bill, (2) was 50% more than the country’s most recent GDP, and most likely even more than that at the time the amounts were committed, and (3) the amount in this bill is roughly 5% of the United States current GDP of $14 trillion. But why bother to make an apples-to-apples comparison when you can grandstand?
Lastly, while I haven’t seen Garrett’s view on the House republican plan that was touted by fellow NJ republican Leonard Lance, it is interesting to note the “highlights”, which include tax credits for new home buyers (how will this keep people in their homes now?), tax credits for small businesses (how will a tax deduction for small businesses lead to new hirings when the underlying problems facing businesses and consumers are not addressed?) or even a tax reduction for American families that won’t exceed $3,200 per year (which, while noble, doesn’t do anything to address more than one or two months worth of expenses).
This is more of the same, as Obama said – the same failed policies of the past 8 years that helped get us into this mess. What is shocking is that Garrett can seriously pass off something this sloppy and factually devoid as a serious attempt at addressing the current economic crisis. Add in his prior proposals, actions and votes, and it is not just hypocritical, but does a tremendous disservice to those families that he is supposed to represent.
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