{"id":6193,"date":"2010-07-19T21:00:40","date_gmt":"2010-07-20T01:00:40","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=6193"},"modified":"2010-07-19T21:02:37","modified_gmt":"2010-07-20T01:02:37","slug":"the-republican-version-of-%e2%80%98deflation%e2%80%99","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/6193\/the-republican-version-of-%e2%80%98deflation%e2%80%99\/","title":{"rendered":"The Republican Version of \u2018Deflation\u2019"},"content":{"rendered":"<p>According to some economists, deflation is the biggest financial risk to the American economy.\u00a0 In a nutshell, deflation means prices are decreasing, which is usually caused by merchants trying to stimulate declining demand by selling goods cheaper.\u00a0 If the lower prices don\u2019t sell, people get laid off, factories shut down and there is <a href=\"http:\/\/www.baseball-almanac.com\/poetry\/po_case.shtml\" target=\"_blank\">no joy in Mudville<\/a>.<\/p>\n<p>It turns out that many Republican Senate candidates are threatening their own version of deflation; part economic, part emotional.\u00a0 Former presidential speechwriter Marc Thiessen shows that <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/07\/19\/AR2010071902888.html?hpid=opinionsbox1 \" target=\"_blank\">many of the favored GOP Senate challengers are, in fact, big spenders<\/a>.\u00a0 \u00a0Mark Kirk (IL), Mike Castle (DE), Roy Blunt (MO) and John Hoeven (ND) \u2013 even one-time Tea Party darling Scott Brown (MA) \u2013 are all \u201cvetted\u201d politicians whose records predict senators who will be voting \u201cYes\u201d when it comes to spending in the national interest.<\/p>\n<p>In an election cycle where Tea Party-backed a candidate like Sharron Angle (R-NV) is being <a href=\"http:\/\/www.newsweek.com\/2010\/07\/16\/are-palin-s-mama-grizzlies-feminist.html\" target=\"_blank\">called \u201cwacky\u201d for daring to suggest Social Security should be privatized<\/a>, it\u2019s easy to overlook the fact that Republican control of the Senate may not have much effect on the chamber\u2019s legislative output.<\/p>\n<p>Nothing would deflate Tea Party aspirations more than a Republican Senate that could get more members to caucus with the likes of pro-stimulus, pro-financial reform Olympia Snowe (R-ME) rather than fiscal conservative stalwart Jim DeMint (R-SC).\u00a0 If that happens, get ready for a third party bid that severely cripples the Republican brand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to some economists, deflation is the biggest financial risk to the American economy.\u00a0 In a nutshell, deflation means prices are decreasing, which is usually caused by merchants trying to stimulate declining demand by selling goods cheaper.\u00a0 If the lower prices don\u2019t sell, people get laid off, factories shut down and there is no joy [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[782,1584,1097,271,1583,281,334,725,1582,28],"class_list":["post-6193","post","type-post","status-publish","format-standard","hentry","category-posts","tag-2010-midterm-elections","tag-deflation","tag-fiscal-conservative","tag-jim-demint","tag-nutshell","tag-olympia-snowe","tag-republican-party","tag-scott-brown","tag-sharron-angle","tag-tea-party"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=6193"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6193\/revisions"}],"predecessor-version":[{"id":6195,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/6193\/revisions\/6195"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=6193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=6193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=6193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}