By John Auchter
Admittedly, comparing the financial crisis that precipitated the Great Recession to the one we’re currently experiencing is kinda apples-to-oranges.
Go back with me a dozen years to a time when senators from southern states pontificated at great length about budget deficits and fiscal restraint. Remember how they knitted their collective brows in grave concern about prudent spending of taxpayer money. In particular how Senator Richard Shelby threatened filibuster over bailing out automakers calling the money a “bridge loan to nowhere.”
As we now know, those loans turned out to be a pretty good deal — for Michigan and the country. Our manufacturing base was saved, the loans were paid back, and we enjoyed a decade of tremendous prosperity. I hope we will be able to say the same about the current bailout to the travel and lodging industry. It’s just more than a little galling the way those same senators are selling this bailout to us.
John Auchter draws cartoons. Lots and lots of them. You can find them at his incredibly popular website auchtoon.com. You can also find his stuff on Michigan Public Radio’s website under Opinion.
jbcsfl says
The GOP is no more, it has morphed into the party of trump, the POT.
In the POT anything that trump says is OK with the minions.
The Republican lawmaker have sold their souls to trump, they bow to and praise him at every opportunity.
chazbo47 says
I still can’t believe that people I had considered intelligent and informed accept these hypocrisies and the blithering idiots, or as one past repuglican called them, ‘nattering nabobs’ that spout them.
Judith Brooks says
It is shameful the way the Republican party sucks up to Trump. Have they no consciences over the disgusting representatives they have become?
Jims says
Whatever fits their agenda.