Tag: Austerity

Mark Sanford’s Lonely Battle for Austerity: Did It Lead Him to the Appalachian Trail?

Mark Sanford’s Lonely Battle for Austerity

My new book about President Obama and his stimulus, The New New Deal, unspools the politically shrewd but remarkably cynical GOP strategy to obstruct the President.

Congressional Republicans who supported stimulus in 2008 and even voted for a $715 billion stimulus in 2009 somehow pegged Obama’s similar $787 stimulus as the death of capitalism, although they still pursued stimulus cash for their districts.

GOP governors who denounced the stimulus as fiscal lunacy quietly used its aid to states to balance their hemorrhaging budgets. But there is at least one principled Republican politician in the book: Mark Sanford…