I’m not sure if I completely agree with all of their reasoning, but there is an interesting article in the Daily Kos that presents lots of evidence that if it were not for GOP obstructionism, that unemployment would currently be under 6%.
The best argument they make is that in the past when we had a recession, the response has always been to increase government spending to stimulate the economy. Even when the Republicans were in power. It has been a given since WWII and it has always worked. I can’t come up with any explanation of why the GOP refuses to do this now, other than because they realize that it is the only chance they have to win the upcoming election.
It will be a shame if we reward them for such despicable conduct.