One can't help but wonder how that little hamster whirling that little wheel in Eric Cantor's little head tolerates all the resulting, homespun humbug. Even hamsters know better, not to mention that anyone who's passed so much as Econ 101 is a veritable Joseph Stiglitz compared to Cantor.
He calls it Republicans' "Cut and Grow" strategy, which is to say, the way to crawl out of an economic hole is to stop crawling and start digging; which is to say further, one must never allow government to create demand in a demandless economy -- that which has dug the hole.
This rather peculiar macroeconomic atavism hasn't been heard from much since early last century, although the Brits are trying it again with gallopingly devastating results. So let's do give it a go here, don't you think?
Just to muddle things further, Cantor let loose in his party's weekend address that "this administration’s regulators have gone on an ideological offensive against businesses that is costing our country billions of dollars and countless jobs."
Can someone explain why an administration that wishes to be reelected would also wish to create economic victims through an "ideological offensive"? This explanatory task, however, will no doubt become immensely complicated upon recalling that this administration is among the most pragmatic, least ideological administrations in American political history.
As for those regulations that have been reimposed on our noble business community, one may also wish to recall the preceding absence of regulations which cost our country trillions, not billions.
That poor hamster.
Cantor: The bubble boy. How else to explain it? Other than denseness that would put a neutron star to shame.
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