"Romney's prescription is simple: unleash private enterprise through lower taxes and less regulation."
What an original Republican idea! Who would have ever credited Romney with such forward thinking!
How can anyone fall for this sort of thing? The Republican party doesn't give a damn about the welfare of the country. As they have been for a hundred years, they exist solely to loot the economy for the rich, and the rest of us be damned. Of course, after making the statement quoted above, it never occurs to McManus to point out that this is the exact same prescription, in good times and bad, that Republicans have had for every problem confronting our country; nor does he think it worthwhile to mention that it has now caused two depressions. Nor does he point out that the Democratic idea- fair taxes for everyone, and reasonable regulation for the benefit of society, was given a try under FDR, and it eliminated financial collapses for sixty years, until the Reagan demolition of New Deal regulation had its effect.
In the Lasseiz Faire decades before the New Deal, there were four serious economic collapses- in the 1890's, the 1900's, the early 1920's and of course the Great Depression. Since Reagan, we have had two- the tech bubble and the current depression, plus the savings and loan collapse of the late eighties.
Yet in their boundless greed, the rich continually lead us over the cliff into economic disaster. It is time once again that their behavior be recognized as criminal. We as a people have a right to protect ourselves from their depredations.