Conservatives have responded to the massive economic crisis in Greece — which is spreading to the rest of Europe — by trying to score political points against President Obama’s domestic economic policies. This morning on Fox News Sunday, host Chris Wallace and Liz Cheney pushed the myth that the United States was “bailing out” Greece, and Cheney even suggested that America adopt Greek-like austerity measures to counter the budget deficit:For the record, we've given more money to Israel, Pakistan, Afghanistan and Iraq in direct aid and loan guarantees than we have Greece here. It's funny how fiscal conservatives don't complain about that outflow of US money that doesn't get paid back, either.
CHENEY: When you look at the question over whether the US tax payer ought to be contributing to bailing out Greece, I think you also got to say wait a second at the same time that we are looking to put $7 billion to bail out Greece… we’ve got the same types of policies being put in place here in the United States that frankly are much more likely to lead us down the path that we see Greece on.
And of course that means Liz's dad and his buddy George gave out tens of billions in aid and loan guarantees every year too. Guess we "bailed out the world" on a yearly basis.
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