GOP Loves Tax Hikes

Marginal Revolution’s Alex Tabarrok:

If Republicans have their way, taxes will increase next year by $120 billion. Republicans in favor of tax increases? Sadly, yes.

The post goes on to lay out its theories on the GOP loving only tax cuts for the rich and so forth. But I think this is wrong.

The House GOP is against this particular tax cut continuing solely because Obama wants it to continue. Any policy underlying that singular issue is beside the point. “Obama’s for it” is reason enough for them to oppose anything to the bitter end.

A simple experiment would clear this up for the broader electorate. Obama should choose two or three of the most dearly held GOP beliefs and take them up. Argue for their immediate passage. But he should be sure to stand clear of the microphone, as there will be a stampede of Tea Klanners vying to be the first to refudiate lower capital gains taxes, or an end to the “death” tax, or massive corporate welfare giveaways to our Galtian Overlords.
We’ve said it before, and Serious People tend to think it’s some kind of a joke when you point it out to them, but if he wants to succeed on the policy front Obama needs to come out against wind power, trains, lower taxes, and single payer health care. It’s the only way those issues will ever get any traction from either party.

Try it and see. It’s the awful truth of today’s politics and sadly how things “work.”

GOP Loves Tax Hikes

Rick Perry’s an idiot, and I don’t think anyone would disagree with that

Bruce Bartlett, former H.W. Bush Treasury official and Reagan adviser, minces words when asked his thoughts on Rick Perry. More evidence of Turd Blossom’s tentacles? Or just the party apparatus trying to help Perry out by appearing to denigrate his intellect while hedging bets against his inevitable defeat in a national election?
I’d say: A little from column A, a little from column B.

The Republicans are serious budget reformers; the lady from Washington, doesn’t do budgets.

Grover Norquist, primary driver of conservative economic policy in the form of his idiotic anti-tax pledge. In every way that matters, this is who they are.
He’s referring to the second highest-ranking member, male or female, of the Senate Budget Committee, Senator Patty Murray. You stay classy, Grover.

You don’t want these candidates moving so right in the Republican primary that it becomes impossible for them to win the general election, because it will become a self-defeating message in the primary.

People want to win. They don’t want somebody who goes so far to the extremes of either party that they lack a chance to carry a victory off in November.

Karl Rove, old turd blossom hisself, opining on the GOP Presidential primary field.
Sorry to be the one to tell you this, Karl, but the “sensibility” ship has sailed, been round Good Hope, and round the Horn, and round the Norway Maelstrom, and round perdition’s flames, and subsequently was no-bid auctioned into a second career as a part-time riverboat gambling operation for KBR executives.
John Huntsman even put his hand up on the “10:1 cuts/revenue is a non-starter deal” question and he’s only running for 2016 positioning. There is no one in the field even trying to be the slightly more sensible, slightly more center-far-right candidate of today’s GOP. Mittmentum, the man made to take up that role abandoned it in 2008. His strong showing then has sensibly pushed him even further to the right now. That ought to fix his issues. If the GOP can’t win the general election from a far right stance, they almost can’t win in 2012. And if the economic headwinds were a bit more predictable, we could drop the “almost” qualifier right now.
But the last thing The Democrat would want to do is start making the GOP take stands against job creation. People just don’t want to hear about that stuff right now. Shrill. Better take a “non-confrontational approach,” get into the defensive crouch, and hope for the best. And this is why they fail.

If this guy prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treacherous, or treasonous, in my opinion.

Rick Perry, governor or Texas and candidate for the GOP nomination for President, apparently accusing Federal Reserve chairman Ben Bernanke of treason.
He really is going to invigorate the GOP primary. What a strong field they have.

Read Up

Yglesias details the 10 “Weirdest Ideas” in Rick Perry’s Fed Up. It’s a must-read post that I’ll tease with this single, highly representative sentence:

The propriety of a federal role in regulating the banking industry has been the subject of bipartisan agreement since the Madison administration.

Says it all.

Read Up

Who’s To Blame?

Jay Bookman wants to know a few things:

Who rejected “the comprehensive fiscal consolidation program,” with cuts to entitlements accompanied by higher revenues, producing a debt reduction of $4 trillion, proposed by President Obama? That would have produced twice the debt reduction promised in the deal that was finally accepted.

Who rejected the very notion of compromise, making “the differences between political parties … extraordinarily difficult to bridge,” with one side announcing that only total capitulation by the other side would be accepted?

Who embraced the policy of political brinksmanship that pushed the country so perilously close to default? Who publicly embraced the threat of default as “a hostage that’s worth ransoming,” announcing that the tactic would be used every time the debt-ceiling issue arises from now on?

To hear any of these questions, much less any of their answers, one would be well advised not to even bother with the MSM. They are in full on “pox on both houses” mode. This is an entirely self-inflicted, politically motivated wound. Why won’t anyone ask the GOP why they thought it best to bring ‘em on?

Who’s To Blame?

This Is Why

Standard and Poors to downgrade US credit rating:

A source says Republicans [steadfast refusal] to accept any tax increases as part of a larger [deficit] deal will be part of the reason cited [for the historic downgrade].

How do you imagine the radical Socialist Obama administration plans to respond on behalf of The Democrat?

[An administration] official says that S&P made a “serious mistake” in its analysis, “based on flawed math and assumptions,” so the Obama administration is pushing back.

This is why they fail.

This Is Why

It’s Congress that does the spending. The president is prohibited to do that. If he had the power to do that he would effectively be a dictator. There would be no reason for Congress to even come to Washington, D.C. He would be making the spending decisions … Clearly that’s unconstitutional.

Michele Bachmann, speaking to CNN’s American Morning.
Every now and then something true slips out of the GOP’s fetid maw. But, by all means, let’s pretend Obama and his “blank check” are what caused the current entirely invented “crisis.”
CNN’s headline for this small story? Why, of course it’s Bachmann Warns of ‘Dictator’ Obama. What other choice did they have?

I really don’t understand how bipartisanship is ever going to work when one of the parties is insane. Imagine trying to negotiate an agreement on dinner plans with your date, and you suggest Italian and she states her preference would be a meal of tire rims and anthrax. If you can figure out a way to split the difference there and find a meal you will both enjoy, you can probably figure out how bipartisanship is going to work the next few years.

John Cole, peering in to the future on February 5, 2009.