Grover and the Bears
Grover Norquist’s testimony before the Republican Working Committee on Economic Recovery doesn’t travel far from the documents he passed out or his long record of supply-side policies. “We have a history of what works,” says Norquist. “We lowered marginal tax rates in the 1920s.” Also: “FDR didn’t do anything that Hoover didn’t do first.”
Norquist then tells a fable about Senate Majority Leader Harry Reid (D-Nev.), House Speaker Nancy Pelosi (D-Calif.), and President-elect Barack Obama holding buckets and walking around a lake, occasionally filling the bucket, passing it on, then pouring the water back in. “That’s the theory of the economic stimulus,” says Norquist.
Conservative activist Eric Odom gets the third citizen YouTube. “First of all,” he says, “congratulations to Eric Cantor on his Twitter feed.” Cantor smiles, but criticizes Odom for wearing a Chicago Bears hat.
“I would add to that, that there’s a hole in the bucket. And as he walks around the lake he’s taking water out of it.”