On Sunday, would-be-president John McCain weighed in with a predictable do-nothing solution to the ongoing global financial catastrophe, telling Fox News the U.S. government should “make the hard decision” and let the banks simply fail.
It’s another policy embrace of “Fail” as a philosophy from the at-sea Republican party.
As Harper’s Magazine contributing editor Thomas de Zengotita wrote last month about GOP opposition to the stimulus, this posturing — naked even by Washington terms — is all politics and no policy.
What the Republicans are banking on is this: when elections roll around in 2010, people won’t really understand whatever situation we find ourselves in then, just as we don’t now.
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