If the GOP’s plan is to continue to maximize economic pain under Obama, it’s working as it did in 2011. This graph is from Gallup. Expectations for future growth are also collapsing, with unknown but presumably dire effects on investment and employment:
This time, unlike 2011, it’s much clearer which party is inflicting the loss of jobs, confidence and growth on the American and global economy. And this time, the Republican partisans don’t even have the cynical motivation to make Obama a “one-term president.” This time, it’s a toxic brew of spite and ideology – at the expense of countless Americans without jobs, without healthcare security and with waning hope of a stronger recovery. I cannot remember a time when a political party deliberately sabotaged the very basis of a country’s economy, deliberately prompted a recessionary surge in debt because they want to reduce the debt, and deliberately ensured that countless jobs would be destroyed, because they allegedly want to create jobs.
Politicians are dangerous enough when they’re trying just to govern. But when they make an effort to destroy the global economy, the damage they can do is incalculable.