Tag: yep
Delusion, Failure, Recrimination
Jonathan Chait ably describes the Republican cycle:
The loop begins with Republicans gaining power on the basis of promising to cut unspecified programs, or perhaps programs accounting for a tiny proportion of the federal budget. That is the stage of the cycle we are currently in. Then Republicans obtain power and have to confront the fact that most spending programs are popular, and so they must choose between destroying their own popularity by taking on programs like Medicare, or failing to materially cut spending. So they settle on tax cuts instead of spending cuts. Then eventually their supporters conclude that they have been betrayed by their leaders, and cast about for new leaders with the willpower to really cut spending this time.
I’d add that even if they zeroed the entire non-defense discretionary budget they’d still be less than halfway to balance. And that’s before they formalize the permanent status of the Bush tax cuts and inevitably start adding in new tax cuts, which, of course, never have to be budgeted or paid for.
That the previous paragraph is news to most Americans is why the Democrats fail. And, just to name one, the elimination of the NIH and NSF through this zero budgeting process would basically doom the United States to second or third tier status in science, research, and development for decades, if not forever. So there’s that.
But let’s not talk details.
Going Biblical
“With Islam, you have a religion that says kill the Jews, kill the infidels. It bothers me when a religion says kill the infidels. It bothers me a lot more when I am the infidel.”
Exodus 22:18: “Thou shalt not suffer a witch to live.” If Islam “says kill the jews, kill the infidels” then Christianity says “Kill Christine O’Donnell”.
Yep. But let me just revise and extend the remarks of the distinguished gentleman with the following suggestions:
James 1:19-20
19 Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath:
20 For the wrath of man worketh not the righteousness of God.
Ephesians 4:31-32
31 Let all bitterness, and wrath, and anger, and clamour, and evil speaking, be put away from you, with all malice:
32 And be ye kind one to another, tenderhearted, forgiving one another, even as God for Christ’s sake hath forgiven you.
Ephesians 4:25-26
25 Wherefore putting away lying, speak every man truth with his neighbour: for we are members one of another.
26 Be ye angry, and sin not: let not the sun go down upon your wrath
And, while we’re on the subject, Might I suggest we open our Bibles to Mat. 23:23-28 (or: the Passion of Glenn Beck):
23 Woe unto you, scribes and Pharisees, hypocrites! for ye pay tithe of mint and anise and cummin, and have omitted the weightier matters of the law, judgment, mercy, and faith: these ought ye to have done, and not to leave the other undone.
24 Ye blind guides, which strain at a gnat, and swallow a camel.
In which Lord Jesus warns against slavish observance of the more ceremonial and other outward aspects of religion (and its practice) to the detriment of the spirit of the thing: social justice, mercy, and faith. What a concept. The clear difficulty lies in proving Beck ever actually swallowed a camel. And, rest assured, that will come up and serve as primary defense.
25 Woe unto you, scribes and Pharisees, hypocrites! for ye make clean the outside of the cup and of the platter, but within they are full of extortion and excess.
26 Thou blind Pharisee, cleanse first that which is within the cup and platter, that the outside of them may be clean also.
in which Lord Jesus warns against self righteous (and self proclaimed) paragons and proclaimers of religious faith who are, themselves, hollowed out by the same crimes against which they are railing…a particularly trenchant concept which is also hit upon in the nexcerpt (oh yes I did):
27 Woe unto you, scribes and Pharisees, hypocrites! for ye are like unto whited sepulchres, which indeed appear beautiful outward, but are within full of dead men’s bones, and of all uncleanness.
28 Even so ye also outwardly appear righteous unto men, but within ye are full of hypocrisy and iniquity.
Here endeth The Tea Klan, King James edition. Any politician in the Democratic party currently unable or unwilling to fight back by quoting one or more of these (or other) verses needs to go ahead and get out of politics, right now. Feel free to come on back at a brighter moment in the history of the country. Sorry, it’s just the way it is.
Come On, Myerson, $303 Ain’t Bad
Since 1980, it’s been a very different story. The economy has continued to grow handsomely, but for the bottom 90 percent of Americans, it’s been a time of stagnation and loss. Since 1980, the share of all income in America going to the bottom 90 percent has declined from 65 percent to 52 percent. In actual dollars, the average income of Americans in the bottom 90 percent flat-lined – going from the $30,941 of 1980 to $31,244 in 2008.
In short, the economic life and prospects for Americans since the Reagan Revolution have grown dim, while the lives of the rich – the super-rich in particular – have never been brighter. The share of income accruing to America’s wealthiest 1 percent rose from 9 percent in 1974 to a tidy 23.5 percent in 2007.
Looking at these numbers, it would be reasonable to infer that when the Tea Partyers say that they want to take the country back, they mean back to the period between 1950 and 1980, when the vast majority of Americans encountered more opportunity and security in their economic lives than they had before or since. Reasonable, but wrong. As the right sees it, America’s woes are traceable to the New Deal order that Franklin Roosevelt, working in the shadow of the even more sinister Woodrow Wilson, imposed on an unsuspecting people.
In fact, the New Deal order produced the only three decades in American history – the ‘50s, ’60s and ’70s – when economic security and opportunity were widely shared. It was the only period in the American chronicle when unions were big and powerful enough to ensure that corporate revenue actually trickled down to workers. It marked the only time in American history when, courtesy originally of the GI Bill, the number of Americans going to college surged. It was the only time when taxes on the rich were really significantly higher than taxes on the rest of us. It was the only time that the minimum wage kept pace (almost) with the cost of living. And it was the only time when most Americans felt confident enough about their economic prospects, and those of their nation, to support the taxes that built the postwar American infrastructure.
All it takes is some WordPress and a lot of typing. Sure, I went broke trying to start it, it trashed my life and I work all the time, but other than that, it wasn’t that hard to figure out.
Eight is Enough
1) President Obama tripled the deficit.
Reality: Bush’s last budget had a $1.416 trillion deficit. Obama’s first budget reduced that to $1.29 trillion.
2) President Obama raised taxes, which hurt the economy.
Reality: Obama cut taxes. 40% of the “stimulus” was wasted on tax cuts which only create debt, which is why it was so much less effective than it could have been.
3) President Obama bailed out the banks.
Reality: While many people conflate the “stimulus” with the bank bailouts, the bank bailouts were requested by President Bush and his Treasury Secretary, former Goldman Sachs CEO Henry Paulson. (Paulson also wanted the bailouts to be “non-reviewable by any court or any agency.”) The bailouts passed and began before the 2008 election of President Obama.
4) The stimulus didn’t work.
Reality: The stimulus worked, but was not enough. In fact, according to the Congressional Budget Office, the stimulus raised employment by between 1.4 million and 3.3 million jobs.
5) Businesses will hire if they get tax cuts.
Reality: A business hires the right number of employees to meet demand. Having extra cash does not cause a business to hire, but a business that has a demand for what it does will find the money to hire. Businesses want customers, not tax cuts.
6) Health care reform costs $1 trillion.
Reality: The health care reform reduces government deficits by $138 billion.
7) Social Security is a Ponzi scheme, is “going broke,” people live longer, fewer workers per retiree, etc.
Reality: Social Security has run a surplus since it began, has a trust fund in the trillions, is completely sound for at least 25 more years and cannot legally borrow so cannot contribute to the deficit (compare that to the military budget!) Life expectancy is only longer because fewer babies die; people who reach 65 live about the same number of years as they used to.
8) Government spending takes money out of the economy.
Reality: Government is We, the People and the money it spends is on We, the People. Many people do not know that it is government that builds the roads, airports, ports, courts, schools and other things that are the soil in which business thrives. Many people think that all government spending is on “welfare” and “foreign aid” when that is only a small part of the government’s budget.
What Can’t Be Allowed
Today’s installment of What Greenwald Said:
The double standard in our political discourse – which tolerates and even encourages anti-Muslim bigotry while stigmatizing other forms – has been as beneficial as it has been glaring. NPR’s firing of Juan Williams threatened to change that by rendering this bigotry as toxic and stigmatized as other types. That could not be allowed, which is why the backlash against NPR was so rapid, intense and widespread.
Read the whole thing.

Kinsley Curb-Stomps Mankiw
Of course, Mankiw could always reply that current marginal tax rates are so high that they have dampened his incentive to get the correct numbers.
Zing.
