Learning is not fundamentalist.
What did the GOP learn from eight disastrous years of George W. Bush and the worst financial crisis in a half-century? Nothing good.
If we’d followed their advice to shrink government spending dramatically, the US line in the chart below would be flat—much like Europe’s and the UK’s. It might even be nosediving as Italy’s is.
But this chart proves the obvious: The President was right. As Joe Weisenthal from the Business Insider said, “This Chart Vindicates The Obama Economic Recovery“. (It was created by Reuters’ Scotty Barber.)
The government’s role in a crisis is to step in and spend when others cannot.…