Showing posts with label debt ceiling. Show all posts
Showing posts with label debt ceiling. Show all posts

Monday, July 25, 2011

Cynicism Redux

I've been following the debt ceiling debate with growing--and now matured--cynicism. Today, House Minority Leader Harry Reid has evidently offered the Republicans a debt plan that includes $2.7 million in spending cuts, with no new taxes, with the stipulation that the debt ceiling be raised through 2012. (h/t Brian Beutler at TPM). As Matt Yglesias points out, however, the House Republicans don't want to accept this plan that nominally meets their publicly stated requirements because it doesn't repeal Medicare and it doesn't take future tax increases off the table. The Bush tax cuts are supposed to expire in 2012:
In particular, the plan doesn’t cut Medicare, which means that Democratic party candidates for office in November 2012 and 2014 can accurately remind voters of the content of the Republican budget plan. In case you forgot, this plans repeals Medicare. Having repealed Medicare, it then gives seniors vouchers to purchase more expensive private health insurance. And having replaced Medicare with a voucher system, it then ensures that the vouchers will grow steadily stingier over time. It was only after voting for this plan that Republicans seem to have realized that repealing Medicare is unpopular. Since that time, they’ve been trying to entrap Democrats into reaching some kind of Medicare détente with them, which would immunize them from criticism. Reid’s plan doesn’t do that. "Harry Reid Calls House Republicans' Bluff"
Politicians hope that people won't REALLY understand what they're up to: Repealing Medicare is unpopular with the American people, so Republicans have tried to sell their voucher plan. Yet the Republican voucher plan for Medicare will increase costs for old folks and thus result in denial of services. Republicans hope that no one will notice the switcheroo in their plan. (Ca-ching--another coin in the cynicism bank)

And, dang it, those tax cuts are SUPPOSED to expire. Not only that, according to the Center on Budget and Policy Priorities, "middle-income Americans are now paying federal taxes at or near historically low levels, according to the latest available data. That’s true whether it comes to their federal income taxes or their total federal taxes." "Federal Income Taxes on Middle-Income Families at Historically Low Levels."

The Center on Budget and Policy Priorities also points out just what is responsible for our current debt crisis:
If not for the Bush tax cuts, the deficit-financed wars in Iraq and Afghanistan, and the effects of the worst recession since the Great Depression (including the cost of policymakers’ actions to combat it), we would not be facing these huge deficits in the near term. By themselves, in fact, the Bush tax cuts and the wars in Iraq and Afghanistan will account for almost half of the $20 trillion in debt that, under current policies, the nation will owe by 2019. The stimulus law and financial rescues will account for less than 10 percent of the debt at that time. "Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits"

And a graph in the New York Times handily compares the results of new budget policies under Bush and Obama, based on data from the Center on Budget and Policy Priorities: "Policy Changes Under Two Presidents"--A $5.07 trillion increase under Bush and a $1.44 trillion increase under Obama.

As Steve Benen points out: "And now these same Republicans [who helped turn a large surplus into a massive deficit] claim the high ground on fiscal issues, and demand that President Obama clean up their mess immediately. Worse, they demand he do so in a way they find pleasing, or next week, they’ll crash the economy on purpose." "Blame Where Blame is Due"

Kevin Drum describes the Republican narrative that too many people are buying into:
Up until very recently, Republicans were mostly taking a hard line on the deficit and weren't shy about making sure everyone knew it. The hard line itself hasn't changed since then, but over the past few weeks they've come to realize that it doesn't make for very good PR. So now their enablers in the media are furiously pushing the story that it's really Obama who's completely intransigent and insincere, rejecting deal after deal no matter how much Republicans try to accomodate his crazed desire to punish the rich. This narrative, as near as I can tell, is now virtually unanimous among conservative commenters.

So the question is, will anyone buy this? It's so self-evidently preposterous that it doesn't seem possible, but then, I wouldn't have figured that they could successfully make the world so quickly forget that they were responsible for the deficit in the first place, nor that they were also responsible for the most epic financial meltdown since the Great Depression. But they have. Their ability to shape popular narratives can hardly be underestimated. "Republicans and the Deficit Narrative"

It's amazing to me that anyone still takes these Republicans seriously. Oh, I know that there are conservatives who are speaking out against the rash policies of these radicals, but those folks aren't in power.

It's like a bunch of whiny kids who trashed a house at a party. Another group of kids come in to clean up and have to buy supplies to do so. The ones responsible for the mess then scream about the costs of the clean-up and convince bystanders that the clean-up crew is responsible for all the costs and damages. Unbelievable.

Wednesday, June 8, 2011

Please go back to your real job, Paul Broun (R-GA)

I am getting really, really tired of hearing U.S. Congressmen and Senators excoriate other public employees. For some reason, Republicans don't seem to think that federal employees are citizens; they certainly don't care if their budget cuts and threats not to raise the debt ceiling deprive hundreds of thousands of citizens of their jobs. And now Paul Broun, Republican Congressman from Georgia, flippantly states on conservative radio host Martha Zoller's show that not raising the debt limit would only put 250,000 or so people out of work. And who cares about those people, anyway? They're just federal employees:
Well, [Paul Broun said] those are gonna be government employees that are put out of work. There are a lot of government employees that need to go find a real job. [Hear these words here:"Paul Broun Fine with 250,000 Public Employees Being Laid Off..."]
Just what is a real job, Congressman Broun? Is taking care of the payroll with the Department of Defense not a real job? Is running the veterans' hospital system not a real job? Is collecting federal income taxes not a real job? How about managing federal lands and national parks? How about the crews who do the cleaning up after tourists at national monuments, national parks, national museums? How about the folks who provide summer informational tours and activities for children at those national museums and national parks? How about those folks at NOAA who chart hurricane activity in the summer and fall? How about the people who make sure (to the best of their ability even when stymied by budget cuts and ideological demagoguery) we have clean air and water?

I admit, Paul Broun, I have a dog in this fight. My husband works for the federal government; he was fortunate to get this job, one which he not only enjoys but for which he is eminently qualified, during the worst economic crisis since the Great Depression. We have been married for thirty-three years, have seen hard times and good times, and are putting two kids through college. Well-educated, neither of us has ever received a paycheck that truly compensated us for our skills and education, but, also, neither of us has ever been motivated primarily by money. We've had jobs that enabled us to give back to society in some way, through education, conservation, or scientific research. And now we have reached the age when it becomes increasingly difficult to find appropriate employment if we lose our jobs. I know. I've been either under-employed or un-employed for the past several years, despite an excellent employment history (though being a woman who changed jobs to fit the needs of her family certainly did not help me in the long-term). There are hundreds of thousands--millions--of Americans like us, people who paid their taxes, took responsibilities for their families, contributed to their communities, and looked forward to, if not a comfortable retirement, at least a livable retirement.

Those hundreds of thousands of Americans include federal employees who have helped people like you steer the ship of state. And now, in a time of great distress, you are all for abandoning them and for taking an economic path that would not just put more Americans out of work when the current national unemployment rate is 9.1%, but that would also have additional serious consequences for millions of people around the world. Not raising the debt limit could--according to economists that include those from your own political party--cause another financial crisis, and we're not even out of the current crisis yet. Some are even predicting that the current crisis could escalate into another Great Depression. And you're just itching, evidently, to add fuel to the fire.

So please go back to your real job, Congressman Broun. As a federal employee.....you suck.