I’m not exactly sure why this is news. I and many others have been saying this since about spring of 2009. But, for some reason, some people, like prominent financial pundits/commentators, are just now figuring it out.
Intentionally driving the economy further into the ditch to harm the reelection chances of Barack Obama is immoral, unethical, anti-American, hypocritical and evil. That is your Republican party in 2011.