CLICK FOR TODAY'S CARTOONS

Sunday, October 20, 2013

Think We Lost? Think Again

I need to post an article occasionally to keep this blog alive.

Think we lost?  Read this article by the very liberal publication, The Nation:

Even When the GOP Loses, It Wins

The Editors | October 16, 2013  The Nation
Just hours before a default on our national debt and sixteen days into a wrenching federal government shutdown, it now appears that the barest measure of sanity has prevailed in Washington. The Senate has reached a deal to reopen the government at current funding levels through January 15 and to pass a debt ceiling hike though February 7. The measure is expected to clear the House tonight with scant but necessary Republican support.
Because the deal only includes minor concessions, the Beltway consensus is that it represents a resounding defeat for Republicans, who “surrendered” their original demands to defund or delay Obamacare. In the skirmish of opinion polls, that may be true, for now. But in the war of ideas, the Senate deal is but a stalemate, one made almost entirely on conservative terms. The GOP now goes into budget talks with sequestration as the new baseline, primed to demand longer-term cuts in Medicare, Medicaid and Social Security. And they still hold the gun of a US default to the nation’s head in the next debt ceiling showdown.
Surrender? Any more “victories” like this and Democrats will end up paying tribute into the GOP’s coffers.
This debate started in 2011 when the president accepted that he couldn’t get support for jobs programs and instead called for “balanced” deficit reduction that included tax increases on corporations and the wealthy and spending cuts. In response, Republicans threatened to default on America’s debts, forcing through the Budget Control Act, which cut nearly $1 trillion in spending over ten years with no tax increases and exacted another trillion in cuts either by agreement of a “supercommittee” or, failing that, automatic across-the-board cuts of $1.2 trillion over ten years. Now the Republicans’ “surrender” locks in that sequester while pushing for further reductions to basic safety net programs—all while tax increases remain off the table and the threat of default is still pointed at the country’s head. Tea Party zealots may have lost their bid to torpedo healthcare reform, but the right continues to set the terms of the debate.
This is particularly perverse because austerity only adds to the country’s troubles. More than 20 million people still need full-time work. Incomes are still stagnant. The top 1 percent continue to capture what little growth there is. The International Monetary Fund says even that will slow, projecting a rate of 1.6 percent growth in the coming months. We are closer to a renewed recession than a healthy recovery. Meanwhile, deficits are falling more rapidly than at any time since the demobilization after World War II. More spending cuts will only cost jobs and slow growth.
We should be debating the real challenges ahead. How do we get the economy moving and create jobs? How do we empower workers to gain a fair share of profits? Can we forge a global effort to shut down off-shore tax dodges and end the obscenity of multinational companies pocketing millions in profits and paying nothing in taxes? Will we squander the opportunity to rebuild our decrepit roads, airports and sewers when interest rates are low and labor in abundant supply?
The GOP may be bearing the brunt of the public’s rage, but anger is also directed at Washington and government generally. Nearly eight in ten say the country is seriously off-track. The Tea Party may be plummeting in public esteem, but it is taking government down with it. There is simply no way to rebuild widely shared prosperity without a government with a clear strategy in the global economy. There is no way to make needed public investments and temper the extreme inequality that threatens our democracy without progressive tax reform. The terms of the Republican “surrender” take us in the wrong direction.

Labels:

AddThis Social Bookmark Button

5 Comments:

At 9:16 AM, Anonymous Anonymous said...

Isn't it about time for rational Republicans to take back control of the party from the lunatic fringe led by Senator Cruz? As you point out, they're taking the government down as they fail, and they seem to enjoy doing so.

 
At 9:29 AM, Blogger RussWilcox said...

I didn't point out any such thing. You missed that this article represented a very liberal point of view that Republicans are ending up winners largely because of Senator Cruz and the Tea Party - both of whom I completely support.

 
At 12:23 PM, Anonymous Anonymous said...

You have frequently commented that liberals "hate America". It seems to me that those who support taking the full faith & credit of the US hostage in an effort to pass their own agenda are economic terrorists similar in mind set to the Taliban, and thus truly haters of the American democracy.

 
At 1:21 PM, Blogger RussWilcox said...

A. It didn't happen, did it?
B. It was President Obama who subverted the American system by refusing to negotiate with the branch of government given the responsibility of the purse by our Constitution.

 
At 3:54 PM, Anonymous Anonymous said...

Russ,

We need your brain to keep functioning, not so much the web site.

Most of us Conservatives recognize you are member of inner circle, elite, but we still want a few of you to speak up.

Forget about your retirement and get back on line

 

Post a Comment

<< Home