Home > Political Insider > Archives > 2008 > November > 01 > Entry
DEL.ICIO.USWho owns ‘Saxby economics’? And what does it mean?
The Atlanta Journal-Constitution
As the two leading candidates for U.S. Senate pound each other through TV ads, a pair of very basic arguments shine through.
First, we have a fight for control of the phrase “Saxby economics” and its meaning.
Democrat Jim Martin, through the Democratic Senatorial Campaign Committee, employed the phrase first, in a series of TV attacks on Republican incumbent Saxby Chambliss that coincided with the debate over the federal package to salvage Wall Street.
This weekend, Chambliss has an answering ad up, alleging that Martin is a congenital tax-hiker. But in the same 30 seconds Chambliss also attempts to reclaim his own name. “Saxby economics is about cutting your taxes,” he says at the outset. See the ad below.
The second thread that winds through the latest ads in the Senate race is a theme borrowed from the presidential contest. Martin and Chambliss both have taken on the topic of supply-side economics, an article of faith in Republican quarters since the administration of Ronald Reagan. That tax cuts for job providers stimulate the economy, and the benefits trickle down to the populace.
Like John McCain, the man at the top of his ticket, Chambliss attempts to regain traction via the tax issue. Martin, echoing Democrat Barack Obama’s mantra of change, challenges the presumption that tax policy over the last eight years has benefited most Americans. “He’s for tax breaks for the middle class. Jim Martin will stand up for us,” say a pair of faces in the Martin ad below.
Martin doesn’t use the phrase “Saxby economics” in the above ad. But he does employ it in that country music jingle, paid for by the DSCC, we told you about on Friday:
The middle-has had it, with all his policies.
Saxby economics don’t trickle down on me.
• Full election coverage: News, photos and more
• Get instant notification of Political Insider updates: Sign up on Twitter
Comments
By MadTaxpayer
November 1, 2008 11:55 AM | Link to this
“Saxby economics” is handing over $700 BILLION of OUR money to a hand-picked few of his crooked buddies on Wall Street to save them, without any chance at all of helping us. Saxby has thrown away any claim he could have ever made to representing the everyday people of Georgia. Now is time for us to retire him.
By Bo Chambliss **LOBBYIST**
November 1, 2008 2:08 PM | Link to this
MadTaxpayer 11:55 AM
You left out the part about Saxby taking over $2 Million from Wall Street LOBBYIST.. Fire Sacby NOW, Fire Saxby Here, Pay Less
By Dfens
November 1, 2008 4:16 PM | Link to this
Give me your credit card number and I’ll cut your taxes too.
By Bo Chambliss **LOBBYIST**
November 1, 2008 5:13 PM | Link to this
The American International Group is rapidly running through $123 billion in emergency lending provided by the Federal Reserve, raising questions about how a company claiming to be solvent in September could have developed such a big hole by October, The New York Times’s Mary Williams Walsh writes.
Some analysts say at least part of the shortfall must have been there all along, hidden by irregular accounting.
“You don’t just suddenly lose $120 billion overnight,” Donn Vickrey of Gradient Analytics, an independent securities research firm in Scottsdale, Ariz., told The Times.
A.I.G. said it could not provide more information ahead of its quarterly report, expected next week, the first under new management.
Edward M. Liddy, the insurance executive brought in by the government to restructure A.I.G., has already said that although he does not want to seek more money from the Fed, he may have to do so.
By AB**
November 2, 2008 5:54 AM | Link to this
Saxby’s Gang of 10 Traitors has helped elect OBAMA. His vote for the $700,000,000,000.00 Wall Street Bailout with an added $153,000,000,000.00 of pork was done after he got over $2,000,000.00 from LOBBYIST. Saxby worked with Pelosi, Reid, Boxer & Kennedy on the ILLEGAL AMNESTY Bill & to over ride President Bush’s Veto of the PORK filled Farm Bill. If this is what our country needs we are in deep throuble.
By AB**
November 2, 2008 6:27 AM | Link to this
Saxby is a liberal, and we’ll never take our party back from the liberals until we lop off the heads (figuratively speaking) of our so-called “leaders”. I’ll be voting for Buckley, for the sake of the GOP’s future (and, therefore, for the sake of America’s future). Next time, maybe we can nominate someone who stands up for conservative principles and values, instead of for illegal immigrants, rich “farmers” and Wall Street banksters.
By Oscar Lewis
November 2, 2008 8:08 AM | Link to this
If you’re ticked at Chambliss, take a look at my YouTube videos about him.
Party ‘till Saxby’s knees hurt, Oscar
By Sissy Saxby
November 2, 2008 9:05 AM | Link to this
Sissy Saxby is deaf to the problems of the middle class. He only has time for the big business lobbyists.