Showing posts with label Deficit Spending. Show all posts
Showing posts with label Deficit Spending. Show all posts

Thursday, August 18, 2011

The 2012 Presidential Election and the Rabid Demagoguery of Republican Candidates for the Presidency

Curtis Mayfield (1942-1999)
Legendary Singer/Songwriter

http://www.nytimes.com/2011/08/13/opinion/magical-unrealism.html?src=recg

http://youtu.be/x1xmXOP3lhM



Composition: "If There's Hell Below, We're All Gonna Go" (1970)

Sisters, niggers, whities, Jews, crackers
Don't worry: if there's hell below we're all gonna go!
Blacks and the crackers
Police and their backers
They're all political lepers

Sisters, brothers and the whities
Blacks and the crackers
Police and their backers
They're all political actors

Hurry
People running from their worries
While the judge and his juries
Dictate the law that's partly flaw
Cat calling, love balling, fussing and cussing
Top billing now is killing
For peace no one is willing
Kind of make you get that feeling...

Educated fools
From uneducated schools
Pimping people is the rule
Polluted water in the pool
And Nixon talking about don't worry, worry, worry, worry
He says don't worry, worry, worry, worry
He says don't worry, worry, worry, worry
He says don't worry, worry, worry, worry

But they don't know
There can be no show
And if there's hell below
We're all gonna go, go, go, go, go

Everybody's praying
And everybody's saying
But when come time to do
Everybody's laying

Just talking about don't worry, worry, worry, worry
They say don't worry, worry, worry, worry
They say don't worry, worry, worry, worry
They say don't worry, worry, worry, worry...

All,

A gaggle of madmen (and women), liars, fools, assholes, jerks, demagogues, thieves, hypocrites, and criminals--That's the GOP for ya. Boys and Girls can you spell E-V-I-L?

Kofi


EDITORIAL

Magical Unrealism
August 12, 2011
New York Times


There was nothing particularly surprising about the shrill skirmishing at the ideological edges of Thursday night’s Republican presidential debate in Iowa. What was shocking were the antics in the center.

In full public view, the party’s mainstream jumped the tracks of reality on issues of spending and taxes, brightly illustrating the ruinous magical thinking that has led to a downgrade of the nation’s credit and invited a double-dip recession. When asked if they would reject a deal to cut the deficit that had 10 times the amount of spending cuts as it had tax increases, the hands of all eight candidates went up. Even a tincture of new revenue, though mixed with huge cuts in government spending, would be too much for the modern Republican Party.

The raised hands included those of Jon Huntsman and Mitt Romney, two former governors who have proved that they know better. Mr. Huntsman was the only one on the stage who said he would have accepted last week’s budget deal and the only one to point out that Washington should never even consider defaulting.

Saying as much is already Tea Party heresy, so why not take the next logical step and admit that the nation’s finances are unsustainable in the long term without some tax increases? Even Mr. Huntsman was unwilling to take the slightest risk of offending the rigid and unforgiving Republican Party primary electorate.

Mr. Romney derided the budget deal as “Mr. Obama’s dog food” and said he would not eat it, perhaps hoping the public has already forgotten that it was really the deal demanded by the Congressional leaders of his party. (Speaker John Boehner said last week the deal was “98 percent of what I wanted.” We’d love to know what the remaining 2 percent is.)

Rejecting compromise was not the way Mr. Romney governed. He balanced the Massachusetts budget with new income from $269 million in closed tax loopholes, and $271 million in increased fees. He has claimed unconvincingly that those were not taxes, but it turns out that his administration boasted about them to the bond rating agencies in 2004 and 2005, and his state won an upgrade by demonstrating fiscal prudence. Now he is repudiating that approach at the federal level.

That has been the nature of every Republican debate this cycle: deny the truth or tell an outrageous lie with such bellicosity that no one dares to challenge it.

Representative Michele Bachmann, for example, said the credit downgrade was because the government could not pay its debt. Standard and Poor’s actually said it was because lawmakers like her did not take a default seriously. Representative Ron Paul ridiculously claimed that the United States is bankrupt. Tim Pawlenty said President Obama had no plan to reduce social insurance spending, conveniently forgetting that Mr. Boehner walked away from the president’s overly generous offer to reduce that spending in exchange for revenue increases.

The Republican Party has been led into its current cul-de-sac by manipulative officials who would not tell voters the truth about the government’s finances. It will remain there if even its “moderate” leaders refuse to break the pattern.

Monday, August 1, 2011

The Ideological and Politcal War Over The Debt Crisis and Its Serious Economic and Social Consequences

http://www.thenation.com/blog/162461/progressives-say-obamas-deal-nutters-trades-peoples’-livelihoods-votes-few-unappeasable-


Progressives Say Obama's Deal With Nutters "Trades Peoples’ Livelihoods for the Votes of a Few Unappeasable Right-Wing Radicals"
by John Nichols
July 31, 2011
The Nation

"Given the choice between a Republican and someone who acts like a Republican, people will vote for the real Republican all the time," said Harry Truman.

If the 33rd president was right, then Barack Obama just did himself and his party a world of hurt.

Faced with the threat that Tea Party-pressured Republicans in the House really would steer the United States toward default, and in so doing steer the U.S. economy over the cliff, Obama had to do something. But instead of bold action -- borrowing a page from Ronald Reagan to demand a straight up-or-down vote on raising the debt ceiling; borrowing a page from Franklin Roosevelt to pledge to use the authority afforded him by the Constitution to defend the full faith and credit of the United States -- the president engaged in inside-the-beltway bargaining of the most dysfunctional sort.

In cutting a deal with congressional Republicans [1] that places Democratic legacy programs -- Social Security, Medicare and Medicaid -- at risk while cutting essential programs for working families and the poor, Obama has positioned himself and his administration to the right of where mainstream Republicans such as Howard Baker, Bob Dole and George H.W. Bush used to stand in fights with the fringe elements of their party.

Now, the fringe is in charge of the GOP. And Obama is cutting deals to satisfy Republicans that Britain's banking minister describes as "right-wing nutters." [2]

Obama and Democratic congressional leaders are claiming that they have done everything in their power to avert deep cuts in Social Security, Medicare and Medicaid. And it is true that they have given the Republicans (and their paymasters) less than House Budget Committee chair Paul Ryan was demanding with a budget proposal that turned Medicare into a voucher program and began the process of privatizing Social Security.

But a compromise with total destruction can still do a lot of damage.

The president's bow to the political extremism -- and the economic irrationality [3] -- of a tiny circle of "right-wing nutters" in Congress and their dwindling Tea Party "base" will, according to reports based on briefings by White House and GOP aides, "raise the debt limit by about $2.7 trillion and reduce the deficit by the same amount in two steps. It would cut about $1 trillion in spending up front and set up a select bicameral committee to put together a future deficit-reduction package worth $1.7 trillion to $1.8 trillion. Failure of Congress to pass the future deficit-reduction package would automatically trigger cuts to defense spending and Medicare."

An aide familiar with the deal The Hill newspaper that the Medicare cut would not affect beneficiaries. "Instead," according to the report, "healthcare providers and insurance companies would see lower payments."

But that's still a squeezing of Medicare in order to meet the demands of congressional Republicans who have spent the past six months trying to put the program on the chopping block.

Congressional Progressive Caucus [4] co-chair Raul Grijalva says Obama and his negotiators have bent too far to the extremists. Like many progressives, Grijalva favored the straight up-or-down vote on debt ceiling. "Had that vote failed," he argued, "the president should have exercised his Fourteenth Amendment responsibilities and ended this manufactured crisis."

Instead, the president blinked in the face of Republican recalcitrance. And in so doing Obama agreed to what the Progressive Caucus co-chair decsribed as "a cure as bad as the disease."

"This deal trades peoples’ livelihoods for the votes of a few unappeasable right-wing radicals, and I will not support it," Grijalva declared Sunday afternoon. [5] "Progressives have been organizing for months to oppose any scheme that cuts Medicare, Medicaid or Social Security, and it now seems clear that even these bedrock pillars of the American success story are on the chopping block. Even if this deal were not as bad as it is, this would be enough for me to fight against its passage."

How widespread that sentiment will be within the House Democratic Caucus remains to be seen. While Senate Majority Leader Harry Reid, D-Nevada, has signed on with the president, House Minority Leader Nancy Pelosi, D-California, says she must meet with caucus members before taking a position.

Grijalva is far from the only member who is upset with the deal.

Congresswoman Donna Edwards, D-Maryland, slammed the deal. [6]

"Nada from million/billionaires; corp tax loopholes aplenty; only sacrifice from the poor/middle class? Shared sacrifice, balance? Really?" she complained, via Twitter, on Sunday.

Grijalva objected, in particular, to the lack of shared sacrifice.

"This deal does not even attempt to strike a balance between more cuts for the working people of America and a fairer contribution from millionaires and corporations. The very wealthy will continue to receive taxpayer handouts, and corporations will keep their expensive federal giveaways. Meanwhile, millions of families unfairly lose more in this deal than they have already lost. I will not be a part of it," the Arizona congressman explained. "Republicans have succeeded in imposing their vision of a country without real economic hope. Their message has no public appeal, and Democrats have had every opportunity to stand firm in the face of their irrational demands. Progressives have been rallying support for the successful government programs that have meant health and economic security to generations of our people. Today we, and everyone we have worked to speak for and fight for, were thrown under the bus. We have made our bottom line clear for months: a final deal must strike a balance between cuts and revenue, and must not put all the burden on the working people of this country. This deal fails those tests and many more."

But Grijalva's gripe was not merely a moral or economic one.

It was political, as well.

"The Democratic Party, no less than the Republican Party, is at a very serious crossroads at this moment. For decades Democrats have stood for a capable, meaningful government – a government that works for the people, not just the powerful, and that represents everyone fairly and equally. This deal weakens the Democratic Party as badly as it weakens the country," explained Grijalva. "We have given much and received nothing in return. The lesson today is that Republicans can hold their breath long enough to get what they want. While I believe the country will not reward them for this in the long run, the damage has already been done."

The question that remains is: How much damage? How much damage to vulnerable Americans? How much damage to the global reputation of the United States as a functional state? How much damage to a U.S. economy that is threatened by rising unemployment? How much damage to the image of the Democratic Party as a defender of working families?

There will still be a good deal of warngling over this deal. It could be rejected. It could be altered. But it cannot be defended as a sound or necessary response to a manufactured debt-ceiling debate and the mess that House Speaker John Boehner, R-Ohio, has made of it.

That is why the co-chair of the Congressional Progressive Caucus says: "I will not support the emerging debt deal."

"I will have no part of a deal that cuts Social Security, Medicare and Medicaid to appease the farthest reaches of the right wing of the Republican Party," argues Grijalva. "It is unconscionable to put these programs on the chopping block and ignore the voices and beliefs of the millions of Americans who trust us to lead while continuing to give handouts to the ultra wealthy and the largest corporations. There is no human decency in that."


Links:


[1] http://thehill.com/homenews/senate/174595-reid-signs-off-on-bipartisan-debt-deal
[2] http://www.thenation.com/../../../../../../blog/162258/right-wing-nutters-threaten-global-economy-imf-warns-disastrous-consequences
[3] http://thehill.com/blogs/blog-briefing-room/news/174571-compromise-deal-could-include-broad-spending-cuts-as-a-trigger
[4] http://cpc.grijalva.house.gov/
[5] http://grijalva.house.gov/index.cfm?sectionid=13&sectiontree=5,13&itemid=1063
[6] http://thehill.com/homenews/house/174599-pelosi-dem-leaders-withholding-judgment





Philip Scott Andrews/The New York Times
President Obama spoke about a debt deal on Sunday.



July 31, 2011

Leaders Reach Deal to Raise Debt Ceiling
By CARL HULSE and HELENE COOPER
New York Times

WASHINGTON — President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government’s borrowing limit.

With the health of the fragile economy hanging in the balance and financial markets watching closely, the leaders said they would present the compromise to their caucuses on Monday morning in hopes of averting a default before a Tuesday deadline.

President Obama spoke from the White House on Sunday night, telling reporters that “the leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid a default.”

Just before Mr. Obama spoke on television, the two Senate leaders, Harry Reid and Mitch McConnell, took the floor to endorse the pact as well.

“I am relieved to say that leaders from both parties have come together for the sake of our economy to reach a historic, bipartisan compromise that ends this dangerous standoff,” said Mr. Reid, the majority leader.

The agreement came after a day of wrangling over Pentagon cuts, and it still must be sold to the Senate and the House, with the House providing a particular challenge.

As conversations flowed between the White House and Capitol Hill, Mr. Reid publicly embraced the compromise that would tie deep spending cuts to a debt increase, though his plan to bring it to a vote as early as Sunday were put off, as was a tentative meeting of Senate Democrats to review it.

According to Congressional and administration officials, the delay was attributable to efforts by Speaker John A. Boehner, Republican of Ohio, to limit immediate reductions in the Pentagon budget and better protect it from future cuts in order to cement votes from defense hawks. He needs those votes to win approval of the plan in the House.

While architects of the compromise stopped short of declaring they had a final agreement, a framework had emerged calling for at least $2.5 trillion in spending cuts over 10 years, a new Congressional committee to recommend a deficit-reduction proposal by Thanksgiving, and a two-step increase in the debt ceiling.

The tense, last-minute negotiations were taking place against a backdrop of uncertainty, with a looming threat of a costly downgrade of the nation’s credit rating and with investors worried about the global economic impact of a possible default. The political stakes were unusually high as well, with leaders in both parties staking out positions that may well be central to their re-election chances in 2012.

If the compromise were to be nailed down, attention would immediately turn to selling it to the rank-and-file. The leadership was anticipating objections from Republicans that the plan did not go far enough while Democrats were wary that Medicare spending would take a hit.

Despite the remaining political and procedural hurdles, the predominant mood on Capitol Hill was one of cautious relief that the gears were turning to produce legislation that would eliminate the threat of a potential government default after Tuesday.

Referring to the tortuous negotiations, Senator Dianne Feinstein, Democrat of California, said: “Sausage making is not pretty. But the sausage we have, I think, is a very different sausage from when we started.”

She noted that the proposed caps on federal spending, combined with creation of a new evenly divided panel to cut the deficit further, could fundamentally change federal finances.

But not everyone was pleased. “It may be the best we can do,” said Senator Jeff Sessions of Alabama, the senior Republican on the Budget Committee. “But I do not think it’s enough.”

With the talks appearing to make progress, the Senate blocked a Democratic proposal for a debt limit increase on a vote 50-49, falling 10 votes short of the 60 required to limit debate. But all attention was on the negotiations.

White House aides were in a flurry of meetings as they prepared for the prospect of announcing a deal. After weeks of political theatrics and Congressional votes that appeared to go nowhere, the mood at the White House on Sunday afternoon was one of cautious optimism.

But Obama administration officials are also aware of the precarious risk the president was running if he strikes a deal that Congressional Democrats find hard to swallow. Mr. Obama’s top political aides, including Vice President Joseph R. Biden and the senior White House adviser David Plouffe, were on the phone Sunday afternoon with Democratic leaders, who gathered in the Capitol Sunday afternoon to explore the outlook for the measure.

A major question mark remained the House of Representatives, where a vote on the agreement could occur Monday and where Mr. Boehner has found it difficult to corral the most conservative wing of the rank-and-file. While the bipartisan deal would be expected to attract significant Democratic support, Mr. Boehner must still persuade many of his members to get behind it and would be pushing for at least half of the House Republicans to back it.

In an e-mail to Republican House members, Mr. Boehner noted that “discussions are underway on legislation that will cut government spending more than it increases the debt limit, and advance the cause of the balanced budget amendment, without job-killing tax hikes.”

“Those talks are moving in the right direction, but serious issues remain,” the speaker wrote.

Under the plan as described by officials briefed on its outline, the debt limit would be increased by $900 billion in the first installment, subject to a Congressional vote of disapproval that President Obama would be able to veto. To prevent a default, $400 billion would be added immediately.

A second increase of $1.2 trillion to $1.5 trillion would be available subject to a second vote of disapproval by Congress. At the same time, a new joint Congressional committee would be created to find a like amount of cuts.

If the evenly divided committee failed to agree on a plan, Congress would either have to approve a balanced budget agreement or accept an across-the-board cut in spending in line with the committee’s goal, with 50 percent of the savings coming from the Pentagon beginning in 2013. Medicare would also sustain cuts, though the reductions would be capped.

The rationale for picking such favored programs as the Pentagon for Republicans and Medicare for Democrats was to provide a strong incentive for the new committee to avoid a deadlock and deliver a deficit reduction plan that could clear Congress.

According to Democratic officials close to the talks, among the final sticking points that were worked out were efforts to exempt the Medicaid program from reductions under the automatic spending reductions and make certain that the Medicare cuts hit health care providers, not beneficiaries.

Negotiators did agree that any deal would not include language that could lead to a new formula for the annual cost-of-living adjustments for Social Security beneficiaries that could save more than $100 billion in the first 10 years. While many economists have long said the existing formula overstates inflation, many Democrats oppose any change that would reduce benefits from current law.

Dropping the proposal from the White House-Congressional talks reflected in part the influence of Representative Nancy Pelosi, the Democratic minority leader, whose negotiating hand has been strengthened since she will have to deliver a significant number of Democratic votes for House passage of any solution given the likelihood that Mr. Boehner will face significant loss of Republican votes.

Senators said they expected that the plan as it was being portrayed would attract a bipartisan vote even though both Democrats and Republicans would have reservations.

Senator Mike Johanns, Republican of Nebraska, said that from the terms of the deal described to him, “I think I will be satisfied and supportive.” After years of work, he noted, Congress has become “serious about cuts in spending.”

Robert Pear and Jackie Calmes contributed reporting.
This article has been revised to reflect the following correction:

Correction: July 31, 2011



An earlier version of this story incorrectly stated when the automatic cuts would occur if Congress does not approve a second round in a few months. They would occur at the end of the year 2012, not 2011.



Tuesday, February 22, 2011

The Brazen Weakness of the President's Proposed Budget For 2011

All,

These are the very ugly but undeniable facts Jack...We've ALL got to continue to tell the WHOLE TRUTH AND NOTHING BUT THE TRUTH about what is really going on, WHO'S DOING IT, and why or we'll never be able to change anything. That goes DOUBLE for the President...WHY? Because he's in power and his input is absolutely essential to running the federal government, THAT'S WHY...

Kofi


Obama Should Be Ashamed of His Budget!
02/16/2011
Guest Commentary
by LAURA FLANDERS
BUZZFLASH AT TRUTHOUT


"This freeze would cut the deficit by more than $400 billion over the next decade, bringing this kind of spending -- domestic discretionary spending -- to its lowest share of our economy since Dwight Eisenhower was President. Let me repeat that...."

That was our president announcing his 2012 budget. And indeed let's repeat that - and note a few things he didn't say.

While around 22 million Americans are looking for work...

And almost 62 million workers are working for sub-poverty wages...

While one out of three kids is living in poverty...

And nearly 3 million families have lost their homes in the last year alone...

While spending on war grows, another $118 billion this year, and military contractors like Lockheed Martin and Boeing see record profits....

And studies show that $2.2 trillion is needed to bring infrastructure to the basic level businesses need.

...Domestic spending will be at its lowest level since Dwight Eisenhower???

Between 1979 and 2005, the CBO numbers show, the average after-tax income of households in the top 0.01 percent quintupled - from just over $4 million to nearly $24.3 million. In 2009, as million of workers lost their jobs, on Wall Street at the thirty-eight biggest firms, investors and executives earned $140 billion -- the highest sum ever.

James Madison famously wrote that the new American republic was to be "a government which derives all its powers directly or indirectly from the great body of the people," not aristocratic privilege or hereditary right. Yet in 2010 undisclosed private donors and multinational corporations funneled millions of dollars into our media, saturating the airwaves and skewing the election.

As all this has been shaping up, as Jacob Hacker and Paul Pierson point out, government in our era not only failed to push back on the tide rising at the top but "put its thumb on the scale, hard. . . on the side of those who had more weight."

While all that: "This share of spending will be at its lowest level since. . ." Well, since Dwight Eisenhower warned of the anti-democratic threat of a runaway military industrial complex?

We should be ashamed to let our president get away with this. And he should be ashamed of proposing it.



The F Word is a regular commentary by Laura Flanders, the host of GRITtv and editor of At The Tea Party, out now from http://orbooks.com. GRITtv broadcasts weekdays on DISH Network and DIRECTv, on cable, and online at GRITtv.org and TheNation.com. Follow GRITTV or GRITLaura on Twitter and be our friend on Facebook.



Monday, February 14, 2011

Paul Krugman On What What We're Not Being Told About The Economy

Fred R. Conrad/The New York Times
Paul Krugman

http://www.nytimes.com/2011/02/14/opinion/14krugman.html?_r=1&ref=columnists

All,

A lot of self important "pundits" and so-called "experts" in this country waste a tremendous amount of valuable time and energy desperately trying to convince or bully us into believing that they actually know what they're talking about. And then there's that all too rare and precious human being, intellectual, activist, and teacher who actually DOES know (and in exhaustive yet lucid detail!) exactly what they're talking about and what it all means. Thankfully, Paul Krugman has always been and remains one of those individuals...

Kofi


OP-ED COLUMNIST
Eat the Future

By PAUL KRUGMAN

February 13, 2011
New York Times

On Friday, House Republicans unveiled their proposal for immediate cuts in federal spending. Uncharacteristically, they failed to accompany the release with a catchy slogan. So I’d like to propose one: Eat the Future.

I’ll explain in a minute. First, let’s talk about the dilemma the G.O.P. faces.

Republican leaders like to claim that the midterms gave them a mandate for sharp cuts in government spending. Some of us believe that the elections were less about spending than they were about persistent high unemployment, but whatever. The key point to understand is that while many voters say that they want lower spending, press the issue a bit further and it turns out that they only want to cut spending on other people.

That’s the lesson from a new survey by the Pew Research Center, in which Americans were asked whether they favored higher or lower spending in a variety of areas. It turns out that they want more, not less, spending on most things, including education and Medicare. They’re evenly divided about spending on aid to the unemployed and — surprise — defense.

The only thing they clearly want to cut is foreign aid, which most Americans believe, wrongly, accounts for a large share of the federal budget.

Pew also asked people how they would like to see states close their budget deficits. Do they favor cuts in either education or health care, the main expenses states face? No. Do they favor tax increases? No. The only deficit-reduction measure with significant support was cuts in public-employee pensions — and even there the public was evenly divided.

The moral is clear. Republicans don’t have a mandate to cut spending; they have a mandate to repeal the laws of arithmetic.

How can voters be so ill informed? In their defense, bear in mind that they have jobs, children to raise, parents to take care of. They don’t have the time or the incentive to study the federal budget, let alone state budgets (which are by and large incomprehensible). So they rely on what they hear from seemingly authoritative figures.

And what they’ve been hearing ever since Ronald Reagan is that their hard-earned dollars are going to waste, paying for vast armies of useless bureaucrats (payroll is only 5 percent of federal spending) and welfare queens driving Cadillacs. How can we expect voters to appreciate fiscal reality when politicians consistently misrepresent that reality?

Which brings me back to the Republican dilemma. The new House majority promised to deliver $100 billion in spending cuts — and its members face the prospect of Tea Party primary challenges if they fail to deliver big cuts. Yet the public opposes cuts in programs it likes — and it likes almost everything. What’s a politician to do?

The answer, once you think about it, is obvious: sacrifice the future. Focus the cuts on programs whose benefits aren’t immediate; basically, eat America’s seed corn. There will be a huge price to pay, eventually — but for now, you can keep the base happy.

If you didn’t understand that logic, you might be puzzled by many items in the House G.O.P. proposal. Why cut a billion dollars from a highly successful program that provides supplemental nutrition to pregnant mothers, infants, and young children? Why cut $648 million from nuclear nonproliferation activities? (One terrorist nuke, assembled from stray ex-Soviet fissile material, can ruin your whole day.) Why cut $578 million from the I.R.S. enforcement budget? (Letting tax cheats run wild doesn’t exactly serve the cause of deficit reduction.)

Once you understand the imperatives Republicans face, however, it all makes sense. By slashing future-oriented programs, they can deliver the instant spending cuts Tea Partiers demand, without imposing too much immediate pain on voters. And as for the future costs — a population damaged by childhood malnutrition, an increased chance of terrorist attacks, a revenue system undermined by widespread tax evasion — well, tomorrow is another day.

In a better world, politicians would talk to voters as if they were adults. They would explain that discretionary spending has little to do with the long-run imbalance between spending and revenues. They would then explain that solving that long-run problem requires two main things: reining in health-care costs and, realistically, increasing taxes to pay for the programs that Americans really want.

But Republican leaders can’t do that, of course: they refuse to admit that taxes ever need to rise, and they spent much of the last two years screaming “death panels!” in response to even the most modest, sensible efforts to ensure that Medicare dollars are well spent.

And so they had to produce something like Friday’s proposal, a plan that would save remarkably little money but would do a remarkably large amount of harm.

Monday, November 29, 2010

American Politics 2010: Playing Infantile Games With Our Future Instead of Addressing Social and Economic Reality

http://www.nytimes.com/2010/11/30/us/politics/30freeze.html?_r=1&emc=na

All,

This is still more bullshit political gamesmanship and time diverting antics by President Obama masquerading as a honest and forthright attempt to address the red herring issue of "deficit spending" (which is now nothing more than a demagogic code phrase used by the wildly profligate and irresponsible Republican hypocrites in Congress who under the super corporate regime of Bushwhacker 2 was responsible for the largest increase in the federal deficit in the entire history of the United States!). The reason that the issue of the deficit is fundamentally a red herring and thus largely a manufactured political crisis at this point is not that there isn't a major problem with the federal budget being seriously out of whack economically as a direct result of a decade of massive tax cuts for the rich, virtually no legal or governmental regulation at all of Wall Street and the general financial sector of the economy, and a stubbornly insistent and steadfast refusal on the part of the Bush rightwing federal government and the private corporate sector to properly invest in education, health care reform, labor protection, social and economic infrastructure, a sound and progressive energy policy, real climate control, and a genuinely strong and effective environmental protection policy. Clearly all these things and more have thus contributed to the huge growth of a clearly untenable and absolutely unsustainable budgetary mess that MUST be addressed in a serious and responsible manner by the government at some point...

So NO the reason that the issue of "deficit spending" is a political red herring is NOT that major reform and real "change" is not needed to bring the government's and the larger economy's house in order. No. The reason is that neither the Democrats nor the Republicans want to do what is really necessary to fundamentally improve and transform the economy and the general society in the progressive direction of a far more just, fair, democratic, and equitable system than what currently exists. That would require that the wealthy elites and elected political representatives of every branch of government be held directly accountable and responsible on a political, ethical, economic and ideological scale that was unprecedented in American history. You know--actual social and economic Democracy instead of the criminally corrupt Plutocracy that currently dominates and controls our political and economic system...

Meanwhile President Obama and the two major political parties keep playing an irresponsible, time wasting, very dangerous, and ultimately lethal cat-and-mouse game of brinksmanship to see who blinks first in public from the self serving standpoint of the 2012 electoral sweepstakes. What all this grandstanding (and especially among the Republicans and their demented "Tea Party" cohorts) petty vindictive tactics really means is that NOTHING important, substantive, real, necessary, or useful will emerge from either major political party to solve or seriously address any of the many major problems and crises facing the American people in general and especially the poor, working, and lower middle class who constitute the overwhelming majority of those citizens being ravaged and destroyed by the current economy and civil society...

Kofi


Obama to Freeze Pay for Most Federal Workers
By PETER BAKER
November 29, 2010
New York Times


WASHINGTON — President Obama plans to announce a two-year pay freeze for civilian federal workers on Monday in his latest move intended to demonstrate concern over sky-high deficit spending.

The president’s proposal will effectively wipe out plans for a 1.4 percent across-the-board raise in 2011 for 2.1 million civilian federal government employees, including those working at the Defense Department, but the freeze would not affect the nation’s uniformed military personnel. The president has frozen the salaries of his own top White House staff members since taking office 22 months ago.

“Clearly this is a difficult decision,” said Jeffrey Zients, deputy director of the Office of Management and Budget and the government’s chief performance officer. “Federal workers are hard-working and dedicated.” But given the deficit, Mr. Zients added, “we believe this is the first of many difficult steps ahead.”

The pay freeze will save $2 billion in the current fiscal year that ends in September 2011, $28 billion over five years and more than $60 billion over 10 years, officials said. That represents just a tiny dent in a $1.3 trillion annual deficit, but it offers a symbolic gesture toward public anger over unemployment, the anemic economic recovery and rising national debt.

Mr. Zients said the president planned to announce the plan on Monday because of an approaching legal deadline for submitting a pay plan to Congress. But by doing it now, the president also effectively gets ahead of Republicans who have been talking about making such a move once they take over the House, and assume more seats in the Senate, in January. Some Republicans have gone further, proposing to slash federal worker salaries.

The number of federal workers making more than $150,000 a year has grown 10-fold in the last five years and doubled since Mr. Obama took office, according to a USA Today study this month. Since 2000, federal pay and benefits have increased 3 percent annually above inflation, compared with 0.8 percent for private sector workers, according to data cited by the newspaper.

This is not the first time Mr. Obama has addressed government pay to make a political point. In addition to freezing the salaries of top White House staff members when he took office, he later extended that freeze to political appointees throughout the government and canceled their bonuses.

The chairmen of a fiscal commission appointed by Mr. Obama have proposed a three-year freeze for federal employees in a draft report. The commission is supposed to issue a final report by Wednesday.