No Recovery: This is Just the Eye of the Storm

Craig Steiner introduces the subject of his latest column with this:

Over the last six months the economy, our debt problem, and the problems in Europe have largely taken a backseat to the presidential race. Though things have often appeared calm, the truth is that nothing has changed.

“In a nutshell,” he writes, “the U.S. economy remains weak.”

I have to say – it’s always a pleasure to read commentary from the political right that is honest about the fact, as Steiner writes, our economic problems have a bipartisan source. Romney doesn’t inspire much confidence – I’ll say. And “impotence” is exactly the word that describes the GOP led U.S. House. One more excerpt from Steiner (emphasis is mine):

[W]e we must recognize that it’s more than just Obama.

The presumed Republican nominee doesn’t really inspire much confidence that he’ll take our fiscal situation seriously. Aside from some trimming along the edges, it’s doubtful that he’ll champion the kind of significant cuts that are necessary to change our fiscal trajectory.

The Republican House has demonstrated impotence with the power they’ve had over the last year and a half, and there’s no indication that conservative principles will become dominant even if Republicans hold the House and take the Senate and presidency.

Read Steiner’s entire column here