2009 Vs. 2020 Stimulus Votes: More Evidence Of A Racist Republican Party

By Ikenga Chronicles March 26, 2020

2009 Vs. 2020 Stimulus Votes: More Evidence Of A Racist Republican Party

— Dr. Vitus Ozoke

Perhaps, you are already aware that the United States Republican-led Senate has approved a whopping $2 trillion Stimulus package to help shore up a collapsing economy due to coronavirus. That is commendable, wouldn’t you say? Not so fast.

Let me take you back to 2008/2009. In the fall of 2008, the American economy crashed, no thanks to the burst of the housing market bubble. The stock market tumbled, the economy was shedding jobs at an average rate of 870,000 per month, unemployment rate rose to 10.2%, businesses were shutting down in droves, and Americans were losing their homes to foreclosure.

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Manufacturing jobs were going overseas. Banks and auto industries were on the verge of collapse. Americans were dying in record numbers. Suicide deaths jumped. There was fear in the land! It was in the midst of that chaos that the first Black president of the United States, Barack Obama, was elected in November of 2008.

Upon being sworn in on January 20, 2009, Barack Obama went to work. His first order of business was to arrest a collapsing economy. The American Recovery and Reinvestment Act of 2009 (ARRA), also known as the Recovery Act, was a stimulus package negotiated by the Obama team and presented to Congress.

The 2009 Obama Recovery Act was put together in response to the recession. The primary goal of the intervention was to save existing American jobs and spur an expeditious creation of new ones. It was also designed to provide temporary cash relief for Americans most affected by the recession and invest in infrastructure, education, health, and renewable energy.

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The approximate cost of the Obama economic stimulus package was $787 billion at the time of passage. The rationale for the stimulus was founded on the Keynesian economic theory that, “during recessions, the government should offset the decrease in private spending with an increase in public spending in order to save jobs and stop further economic deterioration”.

The Obama stimulus worked. The economy turned from shedding jobs to gaining jobs. The auto industry was saved as Detroit roared back. The housing market came back and so did the stock market. Surveys of economists show overwhelming agreement that the Obama stimulus package reduced unemployment. The survey also showed majority support for the notion that the benefits of the stimulus outweighed the cost.

The politics of the Obama stimulus was very contentious, dirty, and downright racist. On the Republican side, it spurred the anti-Obama racist Tea Party movement. Not a single Republican member of the House of Representatives voted for the Obama stimulus, and only three Republican Senators voted for it. The Obama stimulus was labeled a bailout and it became a rallying cry for the Tea Party and the general Republican Party.

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So Barack Obama requested $787 billion to deal with an American economy that was already in recession and no single Republican member of the House of Representatives, and only 3 Republican senators, voted for it. But every Republican member of Congress voted for Donald Trump’s $2 trillion stimulus.

Barack Obama requested $787 billion to deal with an American economy with an unemployment rate at 10.2% and no single Republican member of the House of Representatives, and only 3 Republican senators, voted for it. But every Republican member of Congress voted for Donald Trump’s $2 trillion stimulus at a time this American unemployment rate is 3.6%.

Where is the Tea Party? Whatever happened to bailout, did it suddenly get expunged from the dictionary? What happened? What’s the difference between 2009 and 2020? I’ll tell you the difference: it is Barack Obama. The difference is a Black man as President of the United States. The Republican Party would rather let America go to ruins than give a Black man credit for rescuing it. That’s the difference.

This is one more evidence that the American Republican Party is a cult of racists. Now they are sending you checks. Well, I hope you realize as you cash those checks that the Republican money is nothing more than tokenism wrapped and packaged as stimulus with expectation of reciprocation come November. It’s just down-payment for your votes come November.

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