Dave King: GOP in denial about proven formula for economic recovery
To the editor:
Despite claims by Republicans that the president is responsible for the threat of sequestration, there is no reasonable doubt that their continued and unprecedented obstructionism is directly the cause of yet another fiscal crisis.
Sequestration was proposed as a remedy for Republican refusal to raise the debt ceiling last fall unless their unacceptable demands were met: further tax cuts for the richest among us and further cuts to services to the poorest, sickest and hungriest. We tried these policies under President Bush and it was a massive failure, resulting in our current condition of impoverishment.
The proven formula for economic recovery is that proposed by the president: restore fair tax rates and invest in our people and our infrastructure. If it were not for the reflexive opposition of the Republicans to these proven and humane policies, we would be enjoying a much greater level of prosperity today.