Hi. These two articles pretty much sum up the current crisis in DC and the roots of what’s affecting most Americans. There’s lots her to reflect upon, and add to. I want to turn to the environment, Pelican Bay, Fukushima, and the popular resistance here and throughout the world to all of it; building a better world. Enough.
Ed
http://www.commondreams.org/view/2011/07/13-3
The GOP's Sick Priorities
TruthDig.com: July 13, 2011
How deceptive for politicians to stress “entitlements” when they talk about gutting Social Security and Medicare, two programs long paid for by their beneficiaries. The Republicans make it sound as if they’re doing us a favor, cutting government waste by seeking to strangle
These threatened programs are not government handouts to a privileged class, like defense contractors and bailed-out bankers, who do feel eminently entitled to pig out at the federal trough. On the contrary, Social Security and Medicare have been funded by a regressive tax that falls disproportionately on working middle-class income earners, while caps in the system leave the wealthy—most notably the hedge fund hustlers who helped cause today’s economic crisis—largely untaxed.
While there are many plausible ways to ensure the future of Medicare and Social Security—and extending a fair share of the burden to wealthier individuals is a good place to start—such changes should not be considered in the context of a bargain to raise the debt ceiling. These programs have nothing at all to do with a national debt that has spiraled out of control in the past four years as a result of untethered corporate greed. In that time the debt—already inflamed by two wars fought on the credit card while President George W. Bush cut taxes for the wealthy—rose a whopping 50 percent as a consequence of the deepest recession in 70 years, brought on by the banking collapse.
Indeed, the economic turmoil has put considerable pressure on these programs. In the past two years, expenditures for Social Security exceeded non-interest income for the first time since 1983, as the trustees of the fund reported the deficits “are in large part due to the weakened economy. …” The interest earned on the more than $2.4 trillion in the Social Security trust fund held by the Treasury more than made up the shortfall, and the fund will be able to fulfill its projected obligations, even given the strain of the baby boomers’ retirement, until 2036.
Social Security is a particularly weird whipping boy for what ails us, since the program has been solvent since its inception and will be so for the next quarter of a century. Is there any other public or corporate entity that we can guarantee will be in as good shape for the next 25 years, and even at that point be able to pay 75 percent of its obligations? Presidents both Republican and Democrat have routinely dipped into the Social Security trust fund to float the national debt, and yet critics from both parties have the effrontery now to treat as some sort of indulgence a program for which seniors, current and future, have paid. Seniors are as much “entitled” to the payback on their investment as the folks who buy Treasury notes, people who will be at the forefront of those protected by a rise in the debt ceiling.
Yes, there are more pressing issues with Medicare. Those have to do with cost containment in the medical industry, a situation aggravated when the Republican Bush expanded prescription drug coverage. Unfortunately, health care cost containment was not a serious focus of Obama’s health care reform, and without a national policy alternative it is difficult to contain the cost for seniors who are medically the most needy and therefore the most vulnerable.
As with the problems of Social Security, the problems of Medicare can be dealt with handily by increasing payments from the wealthier segment of the population. A very limited effort in that direction was included in the Obama health care law, which requires a 0.9 percent increase in Medicare payments beginning in 2013 for couples earning more than $250,000.
Even more troubling than potential Medicare cuts is the threat to Medicaid, a program that provides health care to 68 million needy children, disabled individuals, pregnant women and poor seniors. These people are “entitled” to such aid only as a matter of government-recognized decency that has historically been supported by both Republican and Democratic presidents. That Obama is now even considering reducing support for the most vulnerable in the current harsh economy has brought written opposition from two-thirds of Senate Democrats.
It is absurd that Medicaid, along with Medicare and Social Security, is on the chopping block when there is no serious effort to find savings in a defense budget equal to that of the rest of the world’s nations combined, and still at Cold War era levels despite the lack of a sophisticated military enemy. And that the GOP-led House has gotten a supposedly progressive president to consider doing serious damage to our most vulnerable population in order to placate Republicans determined to continue massive tax breaks for the wealthy is morally obscene.
© 2011 TruthDig.com
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http://www.nytimes.com/2011/07/15/opinion/15krugman.html?_r=1&nl=todaysheadlines&emc=tha212
Getting to Crazy
Paul Krugman
NY Times Op-Ed: 7/15/11
There aren’t many positive aspects to the looming possibility of a
A number of commentators seem shocked at how unreasonable Republicans are being. “Has the G.O.P. gone insane?” they ask.
Why, yes, it has. But this isn’t something that just happened, it’s the culmination of a process that has been going on for decades. Anyone surprised by the extremism and irresponsibility now on display either hasn’t been paying attention, or has been deliberately turning a blind eye.
And may I say to those suddenly agonizing over the mental health of one of our two major parties: People like you bear some responsibility for that party’s current state.
Let’s talk for a minute about what Republican leaders are rejecting.
President Obama has made it clear that he’s willing to sign on to a deficit-reduction deal that consists overwhelmingly of spending cuts, and includes draconian cuts in key social programs, up to and including a rise in the age of Medicare eligibility. These are extraordinary concessions. As The Times’s Nate Silver points out, the president has offered deals that are far to the right of what the average American voter prefers — in fact, if anything, they’re a bit to the right of what the average Republican voter prefers!
Yet Republicans are saying no. Indeed, they’re threatening to force a
First of all, the modern G.O.P. fundamentally does not accept the legitimacy of a Democratic presidency — any Democratic presidency. We saw that under Bill Clinton, and we saw it again as soon as Mr. Obama took office.
As a result, Republicans are automatically against anything the president wants, even if they have supported similar proposals in the past. Mitt Romney’s health care plan became a tyrannical assault on American freedom when put in place by that man in the White House. And the same logic applies to the proposed debt deals.
Put it this way: If a Republican president had managed to extract the kind of concessions on Medicare and Social Security that Mr. Obama is offering, it would have been considered a conservative triumph. But when those concessions come attached to minor increases in revenue, and more important, when they come from a Democratic president, the proposals become unacceptable plans to tax the life out of the
Beyond that, voodoo economics has taken over the G.O.P.
Supply-side voodoo — which claims that tax cuts pay for themselves and/or that any rise in taxes would lead to economic collapse — has been a powerful force within the G.O.P. ever since Ronald Reagan embraced the concept of the Laffer curve. But the voodoo used to be contained. Reagan himself enacted significant tax increases, offsetting to a considerable extent his initial cuts.
And even the administration of former President George W. Bush refrained from making extravagant claims about tax-cut magic, at least in part for fear that making such claims would raise questions about the administration’s seriousness.
Recently, however, all restraint has vanished — indeed, it has been driven out of the party. Last year Mitch McConnell, the Senate minority leader, asserted that the Bush tax cuts actually increased revenue — a claim completely at odds with the evidence — and also declared that this was “the view of virtually every Republican on that subject.” And it’s true: even Mr. Romney, widely regarded as the most sensible of the contenders for the 2012 presidential nomination, has endorsed the view that tax cuts can actually reduce the deficit.
Which brings me to the culpability of those who are only now facing up to the G.O.P.’s craziness.
Here’s the point: those within the G.O.P. who had misgivings about the embrace of tax-cut fanaticism might have made a stronger stand if there had been any indication that such fanaticism came with a price, if outsiders had been willing to condemn those who took irresponsible positions.
But there has been no such price. Mr. Bush squandered the surplus of the late
So there has been no pressure on the G.O.P. to show any kind of responsibility, or even rationality — and sure enough, it has gone off the deep end. If you’re surprised, that means that you were part of the problem.
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