What on earth is Michael Steele talking about? Has he ever taken an economics class? For that matter, does he even understand politics? All I can say is, I hope the Republicans keep picking "leaders" like Steele, Jeff Frederick, and Eric Cantor. If they do, Democrats will be in power for a loooooong time, which is perfectly fine by me! :)
P.S. Whoops, almost forgot about Steele's bizarre "bling bling" comment. What a doofus.