GOP Still Believes in America, Obama and Democrats Think 5% Growth is Ridiculous

Via The Daily Caller:

Former Minnesota governor Tim Pawlenty turned out a blockbuster economic growth plan this past week, including deep cuts in taxes, spending, and regulations. It’s really the first Reaganesque supply-side growth plan from any of the GOP presidential contenders. And he caps it all off with a defense of optimism as he charges ahead with a national economic growth goal of 5 percent.

That’s right: 5 percent.

Pawlenty calls this target aspirational. Okay, fine. But deeper down, he’s basically saying no to the declinists and pessimists who seem to populate the economic landscape these days. Big government doesn’t work. Let’s try something different.

Ronald Reagan always believed that America is exceptional. By removing obstacles to growth, the Gipper held that economic policies could unleash a massive outpouring of risk-taking, creativity, and entrepreneurship. He was right, and his policies launched a two-decade-long boom.

Actually, the first couple years of the Reagan recovery came in at over 7 percent. And as Pawlenty noted in his speech at the University of Chicago this week, between 1983 and 1987, the economy grew at 4.9 percent annually. I note that President John F. Kennedy also had a 5 percent growth target, a response to Ike’s three recessions.

...those on the left criticize Pawlenty...

Whether Pawlenty's goal is realistic or not is not the point- rather it is the Democratic liberal establishment's response to it. Rather than hope and change and pushing back the tide and restoring America's prosperity and believing in and pushing for and working for jobs and a great economy, liberals and Democrats, whether they are in Congress or in the White House or in the media, now simply laugh at and scoff and ridicule anyone who believes such things.

IS THIS WHAT YOU VOTED FOR? A party that's first and biggest and lasting impression of someone saying that our economy can grow again is to laugh, scoff, deny, and offer reason after reason why you won't get a job, why you won't get a raise, why your children will owe more in debts, why America will get weaker, etc- the new normal of Obama and the Democrats will be a lesser nation, one that you better get used to and expect won't improve.

The very possibility that America could rise again after the destruction that the Democrats and Obama has driven into the very foundations of America inspired the White House to reply:

With regards to 5 percent growth, we couldn’t agree more; that would be very beneficial to the economy. We think providing expansive tax cuts to the wealthy — which we did in the last term and added tremendously to our debt and resulted in this President inheriting a massive deficit and debt in 2009 — probably not the best approach.

This comment filled with snark and sarcasm and divisiveness and bitterness is what we all can now expect from Obama and an Executive Branch controlled by the Democrats. He didn't say 'That's great, how can we work together and find common ground to achieve not only 5% growth but 6% growth', but rather the reply was mocking, empty rhetoric on class warfare, and transferring blame.

Firedoglake, which Obama reads and quotes from and believes in, called Pawlenty's plan a "Unicorn and Pony Economic Plan", and suggested that it is now a 'fantasy' for America to grow again at 5% and that merely suggesting that America can be a prosperous, free, and strong nation is ridiculous.

Michael Ettlinger of the liberal Center for American Progress said, "It's patently ridiculous... it's not worth serious discussion. ... No one serious thinks that's possible."

This quote illustrates the difference between the right (conservatives, tea partiers, libertarians, moderates) and the left (liberals, communists, socialists, fascists)- the right still thinks that unleashing human liberty and freedom through private property protection, limited government, rule of law, and a love of human life will lead our nation to high GDP growth rates, and the left does not. The left believes that it is no longer even possible for America to grow, and that the ruling classes need to lock in social and economic classes through regulation, government control, and excessive taxes so that the rich can grow richer and the poor can grow poorer.

It is shocking that Obama and the Democrats believe that it isn't even possible for the United States to have a 5% GDP growth rate. According to the CIA, many nations grew faster than 5% last year- Qatar grew at 16.272%, Paraguay at 15.270, Singapore at 14.471, India at 10.365, Turkmenistan at 9.222, Argentina at 9.161, Peru at 8.795, Botswana at 8.562, Nigeria at 8.394, Sweden at 5.536, or Mexico at 5.518.

In fact, out of 184 nations listed, 68 of them grew at a rate of 5% or faster last year- and yet Obama and the Democrats think that this is impossible for the United States to do, and they believe that we've turned it around and that Americans should be happy with a growth rate of 2.834% for 2009, which makes our nation the 117th fastest growing economy in the age of Obama.

Our economy that Obama and his liberal Democrat allies thinks it is impossible and silly and just wrong for our economy to grow faster than 5%, and their policies are doing just this- high taxes, high fees, increased regulation, increased government control over society, more bureaucrats, breaking the rule of law, excessive environmental regulations, rhetorical attacks on business and investment and success and industry, policies that attack our energy industry, policies that break the law white hindering our nuclear industry, and massive stimulus and spending bills that mis-allocate resources.

Republicans offer an alternative- they still believe in America, they still believe in the dream of a growing economy, and they still think that 5% growth rate is possible. Vote for them next election.