Remember how the president's "major address" this afternoon was supposed to contain a significant "reframing" of his economic message heading into November? White House officials hyped this speech as a meaningful shift in rhetoric and approach, even as they conceded the president's comments would contain no new ideas. They were correct on the latter point, but astonishingly, the president didn't even follow through on the former pledge -- which was ostensibly the entire purpose of the speech. Obama essentially repackaged the exact same speech he delivered in April, but inserted the names "Romney" and "Bush" a few more times. ...
Be it ideology or stratagem, the GOP has blocked pro-growth policy and backed job-killing austerity – all while blaming Obama Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year. Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts. Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague.
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