Tag: memes

Newt Gingrich knows exactly what he is doing when he calls Obama the “food stamp” president, just as Ronald Reagan knew exactly what he was doing when talking about “welfare Cadillacs.” There are lots of other ways to make the point about economic hard times – entirely apart from which person and which policies are to blame for today’s mammoth joblessness. You could call him the “pink slip president,” the “foreclosure president,” the “Walmart president,” the “bailout president,” or any of a dozen other images that convey distress. You decide to go with “the food stamp president,” and you’re doing it on purpose.

If Joe Lieberman had been elected, I would be wary of attacks on his economic policy that called him “the cunning, tight-fisted president.” If Henry Cisneros had or Ken Salazar does, I would notice arguments about ineffectiveness phrased as “the manana administration.” If Gary Locke were in office, then “the Manchurian candidate” jokes that had been used on John Huntsman would have a different edge. And so on. [A specific commenter on my site] may not recognize it as a dog whistle, but I have no doubt that Newt Gingrich knows what it is. I don’t think that Gingrich has had a racist-style political career; on the contrary. But he knows what this language does.

James Fallows on Disgraced Former Speaker Gingrich.

I think this is exactly right. Using this language is a cynical decision; a means to an end, not an overt display of deeply held beliefs on the part of (in this case) DFS Gingrich. He’s a political operator grasping at straws, and selecting the straws he feels are most likely to play well for the task at hand (a southern US primary swing). Ultimately he could care less if this hurts the broader GOP or Romney; if the tactic helps him, it helps him. Period.

The progressive blogosphere would do well to discuss the language, as there’s plenty of meat there. Leaping to the more reflexive, inherently more tribal cries of “Gingrich reveals racist streak” in response will alienate as many or more than it will draw. Making the deeper points about precisely why this language is not only wrong but is disgracefully, knowingly wrong will be far more beneficial long term, as such an approach ends the meme, instead of merely tarring the meme user.

tl/dr: DFS Gingrich needs no help ending his career. We will need lots of help ending these tactics.

Source: The Atlantic

The fact that I’m in favor of going back to the Clinton tax structure is merely an indicator of how scared I am of this debt problem that has emerged and its order of magnitude.

Former Fed Chairman Alan Greenspan, an enthusiastic supporter of the Bush-era tax cuts for the rich, now supports raising top marginal tax rates on high earners. Last week, Joel Slemrod, a top economic adviser to Ronald Reagan, said the same thing. (via andrewgraham)
One wonders just how many seconds will elapse until FOXnews is running “Greenspan: Just how insane was he?” documentaries 24/7. May already be live.

The Kitchen Table

I’ve said before that the “kitchen table” meme needs to die. But before it shuffles off this mortal coil, President Obama should put it to use one more time:

“My fellow Americans, we in the United States are like so many of you, sitting at your kitchen table and wondering where to come up with money to cover an unexpected expense while still keeping the lights on and food on the table. As you may have heard, the National Bureau of Economic Research recently reported that most Americans couldn’t produce $2000 on short notice without selling possessions or finding a lender to borrow it from. The government faces these questions all the time; like right now, with some members of Congress moving to prevent us from providing emergency funds to help the victims of the terrible tornado in Joplin, Missouri.

"In some ways, the problems of deficits and the debt that the federal government accumulates are no different from you, at your kitchen table, trying to come up with that desperately needed $2000 on short notice. As you all know, the United States has seen historic shortfalls over the last several years as government income has dropped dramatically as a direct result of the downturn in the global economy. At the same time, of course, we’ve had to increase various outlays and spending just to maintain existing programs or fund new recovery efforts and, of course, continue fighting two wars.

"Now, because of all this, we in the government find ourselves sitting around our kitchen table talking about the budget and our debts. The Democrats in Congress and I have suggested various cuts and other ways to tighten our belts, just like all of you have had to do through this time of economic hardship and struggle; but we also believe that since the government can currently borrow at historically low rates, we should take advantage of that capability while it’s here. More to the point: we think it would be foolish not to. It’s the difference between spending on large, unnecessary purchases and recognizing a genuine opportunity that also carries with it a long-term but sustainable debt. Much like when you bought your first home, or a car, or started a small business and the bank ensured that you could actually meet the payments at the interest rates offered; in the same way, the world market believes that the US government will remain solvent and thus continues to offer money at very low interest. This will not always be so, but we Democrats believe we should take advantage of it while we can and that we should use that extra buying power to empower the American economy on its road to recovery.

"The Republicans, on the other hand, are suggesting that we sell the furniture at whatever price the first person offers us, put the children to work at dangerous jobs, eat tainted food and dirty water to save a few cents, and finally default on our existing financial obligations such that we can pay down that mortgage on the house as quickly as possible, even if that action means incurring penalties, and they want to do all of this despite the fact that we have access to stable, reasonable long term interest rates and also have the wherewithal to make payments long into the foreseeable future. It’s like they want us to finance a car on a high interest credit card instead of through a traditional bank loan just because they want to give the people at the credit card company some more money. It doesn’t make any financial sense for the country and only functions to create wealth for the handfull of people at the very top of the financial system.

"I think I know which road you as Americans want us to take. So why not sit down at that kitchen table of yours and write or call your Congressperson and let them know?

"Thank you for listening. Good night, and good luck.”