It's funny how the Republicans wasted a trillion dollars fighting an unnecessary war in Iraq. They trumpeted Bush's tax cuts that will end up costing two trillion dollars. But now that our economy is in crisis, they are worried about spending too much money.
At least the Republicans are consistent. They are consistently wrong.
Why does Chambliss think we are stupid? He claims that the stimulus bill will not create jobs, yet more economists than he can count say just the opposite. In fact economists warn that the stimulus plan is too weighted with tax cuts. The problem with our economy is one of decreased spending. Tax cuts have a much less effect upon spending than does government spending.
It's not surprising that Chambliss doesn't understand basic economics. During his re-election campaign he frequently defined a recession as two consequtive MONTHS of negative GDP. If he had even bothered to take a second to do a wikipiedia search, he'd have found that it's actually two consequtive QUARTERS.
Oh, one more thing. Chambliss was voted "Mr. Cogeniality" by the lobbyists and corporate interests in Washington. For this election alone, he collected over $10 million dollars in campaign contributions from banking, finance, investment, agricultural and other corporate interests.
Chambliss is in Washington working hard for big business.
Chambliss voted in favor of Bush's policies 92% of the time. If Bush had done good things for our nation, that would be something to be proud of. However, President Bush is the worst president in the history of our country. Chambliss has enabled Bush to fail us. It was Chambliss' job to hold the president accountable. It was his job to make sure the war was being handled in a competent way. It was his job to provide oversight to the financial industry. By these measures, Chambliss is as big a failure as Bush.
Chambliss and the Republicans have been a disaster for Georgia. Our jobless rate is the 2nd highest in the country. Georgia families have suffered with 37,000 of them having their homes forclosed last year. 350,000 have mortgage payments that are more than 60 days past due.
Back in 2007, when the mortgage crisis was begining to show itself, Chambliss had nothing to say about it. Not one press release, public statement, radio or TV discussion. But a few weeks ago, when the credit markets froze he rides to the rescue with a bailout for the banking and securities companies that gave him almost $1,000,000 in campaign contributions.
Now, congress is considering a plan to restart our economy by helping average Americans, Chambliss is again silent.
Lastly, for future elections, the Georgia legislature should replace seperate run-off elections with instant run-offs. Run-offs are a waste of resources. Instant run-off voting is an easy fix. It's already being done in other states.
Chambliss helped create the disaster on Wall Street. As recently as August, 2006 he was advocating expansion of FHA. He did so even though other (responsible) Republicans like Shelby (R-AL) warned about excessive risk.
Chambliss' positions and votes on the Wall Street bailout were bought and paid for by the finance, banking, investment and security companies that gave him more than $750,000 for his re-election campaign.
Chambliss is a fraud.