Frustrated with the debt-ceiling coverage, which is far too even-handed, I wrote this last night on Twitter:
it’s very simple: if one party would pay our bills, while the other won’t (without) meeting its demands, then the latter is to blame for any mess.
This phenomenon has upset Paul Krugman too, sending him into full-on Shrill mode, in which he calls it “The Cult That Is Destroying America” and “the clearest, starkest situation one can imagine short of civil war.”
But look past the hyperbole and it’s hard to argue with what he’s saying.
Think about what’s happening right now. We have a crisis in which the right is making insane demands, while the president and Democrats in Congress are bending over backward to be accommodating — offering plans that are all spending cuts and no taxes, plans that are far to the right of public opinion.
So what do most news reports say? They portray it as a situation in which both sides are equally partisan, equally intransigent — because news reports always do that. And we have influential pundits calling out for a new centrist party, a new centrist president, to get us away from the evils of partisanship.
If you’re not reporting that the Republicans are ultimately to blame for the crisis here, then you’re not reporting the truth. The Democrats would vote to up the debt ceiling—which pays for bills we’ve already accrued (mostly under Republican presidents)—in a straight-up vote. Republicans want to attach stark conditions to the vote and risk defaulting on our obligations. Even beyond that, the Democrats have made trillions of dollars in concessions to the Republicans, and it still hasn’t been enough.
This doesn’t absolve Democrats from blame for playing politics with the debt ceiling, as Harry Reid did back in December. But doing that eight months out, on the mistaken calculation that any reasonable Congress would dutifully pass the increase and share the political blame, is orders of magnitude different than doing it days out, much less giving off the real possibility that you’ll actually call the other side’s bluff and let us default.
The lopsided blame here is not partisan. It’s not right or left. It’s the truth. Report it.
— The New York Times has a very good examination of how Rupert Murdoch runs his newspaper empire. Here it is on his doings when competitor The Telegraph broke the Parliament expenses scandal story two years ago:
At News International, Mr. Murdoch’s British newspaper arm, executives scrambled to deflect responsibility. The blame fell largely on an in-house lawyer who had cautioned against paying some $450,000 for a stolen disc containing the parliamentary expense records. (A few months later, the lawyer was asked to leave News International, where he had worked for 33 years, apparently after another disagreement over advice.)
While it is not clear whether Mr. Murdoch played a direct role in the matter, there is little question that The Telegraph’s scoop remained a sore point for him and that his feelings seeped down through various layers of his company. Soon afterward, The Wall Street Journal, his flagship American newspaper, did its own investigation of American lawmakers’ expenses.
That series of Journal stories was sensationalized with multiple days of page one placement, despite not finding much of anything (it went for a round two with a hyped congressional jets series). I noted at the time that you “can smell more than a whiff of Rupert on these stories.”
But, for what it’s worth, here’s editor Robert Thomson commenting on his relationship with the boss:
But for all their personal closeness, Mr. Murdoch makes no effort to influence the news coverage, said Mr. Thomson, The Journal’s top editor.
“We simply do not discuss details of coverage,” Mr. Thomson said via e-mail. “Not once. Never. There is a clear, distinct, very honorably observed demarcation line. Rupert respects the independence of the editor and my autonomy, and to suggest that we skew coverage is an insult to all of The Journal’s journalists, who person for person, pound for pound are certainly the best in the world.”
- 1
- 2
Well done, Ryan. If you smashed through a paywall, I did not notice.
The WSJ is showing a lot of interest in the depredations of the federal government, in having too many criminal laws, charging too many people, nosing around inappropriately into American business corruption in foreign countries, and potentially mismanaging this whole set of affairs. The SEC has fallen into patterns that are less than encouraging. 1.Perhaps there is a megalithic WSJ campaign to feel out any vulnerabilities of the government that might help News Corp. later on with its criminal matters. 2.Or perhaps the WSJ wants to torque it up politically so that there will be a cost to pay for going after News Corp. As if it would practically be a case of insincere communism. 3.Or both. 4.Or neither.
Still, it has a weird smell to it. (No collusion implied).
Your points on design are thoughtful. If only these problems could be solved with virtual pies. When I want to sell you something, I must shout out of my mind.
#1 Posted by Clayton Burns, CJR on Tue 26 Jul 2011 at 09:55 PM
Someday, there will be a definitive audit of the practices in relation to education at News Corp., Washington Post, and New York Times.
Independent.co.uk: Murdochs were given secret defence briefings
Ministers held meetings with media mogul's people more than 60 times
By Oliver Wright, Whitehall Editor Wednesday, 27 July 2011
[But the minister who sees Rupert Murdoch the most frequently is the Education Secretary, Michael Gove, a former News International employee. Mr Gove has seen the mogul for breakfast, lunch or dinner on six occasions since last May. Overall, Mr Gove has had 12 meetings with Murdoch executives since becoming a minister.]
A cynic might wonder why The New York Times's coverage of the performance of Joel Klein in his education tenure in New York has been so weak, or even if there is a corporate registration oncoming for Murdoch Education Racketeering. Could Kaplan and Washington Post be an invidious model?
However, I dream. It is all unintentional.
#2 Posted by Clayton Burns, CJR on Tue 26 Jul 2011 at 11:56 PM
Former Enron advisor Paul Krugman’s hyperventilating aside .. lets hear some real words of wisdom on the debt limit from one of the brightest political minds of the day
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. Barack Obama
The GOP is doing EXACTLY what it was sent to congress in 2010 (we all remember last November’s elections) to do: get a grip on the nation’s finances. They have the ultimate ace in the hold with the debt ceiling extension and they would be remiss to not leverage it. I think anyone who believes the house GOP will cave and give Obama what he wants, a debt limit increase with no strings attached, are in for a rude awakening.
#3 Posted by Mike H, CJR on Wed 27 Jul 2011 at 10:39 AM
"I think anyone who believes the house GOP will cave and give Obama what he wants, a debt limit increase with no strings attached, are in for a rude awakening."
Jesus Christ, this is so far removed from the reality of the "negotiations" it makes responding to the rest of your post a worthless exercise.
http://www.youtube.com/watch?v=ChcrSlDZ96U
In other news:
"And we have influential pundits calling out for a new centrist party, a new centrist president, to get us away from the evils of partisanship"
We all know who Paul's directing his fire at:
http://www.cjr.org/campaign_desk/tom_friedmans_radical_wrongnes.php
His evil, mustached twin down the hall. Man Friedman, Brooks, and Krugman in the same building. Wonder if it's getting chilly.
#4 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 11:59 AM
Jesus Christ, this is so far removed from the reality of the "negotiations" it makes responding to the rest of your post a worthless exercise.
I’m sorry, but a clip from Bernie Sanders was supposed to convince me of what exactly? Try thinking for yourself for a change , It’l do ya wonders.
#5 Posted by Mike H, CJR on Wed 27 Jul 2011 at 12:34 PM
Always even steven.
http://www.youtube.com/watch?v=JncBaZjkWBY
Hopefully there are signs of improvement:
http://pressthink.org/2011/07/cnn-leaves-it-there-is-now-officially-a-problem-at-cnn/
"CNN thinks of itself as the “straight down the middle” network, the non-partisan alternative, the one that isn’t Left and isn’t Right...
But too often, on-air hosts for the network will let someone from one side of a dispute describe the world their way, then let the other side describe the world their way, and when the two worlds, so described, turn out to be incommensurate or even polar opposites, what happens?… CNN leaves it there. Viewers are left stranded and helpless. The network appears to inform them that there is no truth, only partisan bull. Is that real journalism? No. But it is tantalizingly close to the opposite of real journalism...
In a hyper-polarized environment like the one we increasingly have in the U.S. these fights have long since broken the borders of opinion. They now routinely break out over matters of fact. (Example: does cutting Federal tax rates increase revenues to the government?) Leaving partisan fights—over matters of fact—to the guests is a disaster, journalistically. But intervening in those fights takes skill, knowledge… and balls. Because one side could be a lot righter than the other, factually speaking.
In other words, you could have a situation where in order to do your duty journalistically, you have to take sides and say, “I’m sorry, Senator, but that simply doesn’t square with what we know.” Soon as you do that, your mantra, “We cover both sides but don’t favor either side” starts working against you. Cognitive dissonance rises. You’re not doing “straight news” any longer. You’re calling foul on the deceiver, raising the question: why did you invite this guy, anyway? You’re taking to heart what Daniel Patrick Moynihan was supposed to have said: You’re entitled to your own opinion. You’re not entitled to your own facts.
See the problem? CNN Leaves it There threatens to undermine the brand. But doing something about it also threatens to undermine the brand. The result is paralysis. We’re not Fox! We’re not MSNBC! We leave the partisan fights to the guests!"
Read more for the Jon Stewart vid and signs that CNN management are committing to the non partisan truth instead of the bland partisan "that's what she said, now here's what she said." formless information.
#6 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 12:36 PM
"I’m sorry, but a clip from Bernie Sanders was supposed to convince me of what exactly? Try thinking for yourself for a change , It’l do ya wonders."
Yeah, your "no strings" "blank check" talking blerbs show real independent thinking.
http://www.washingtonmonthly.com/political-animal/2011_07/focus_groups_must_have_loved_b031112.php
Ain't you a saint.
The fact that Obama has pivoted, in the midst of an economic collapse, to kicking out the remaining economic supports and has agreed to entitlement and spending cuts so he can be seen as "fiscally responsible as a republican" isn't enough. 4 trillion in cuts offered? That's "no strings" to some people. What can one say...
http://www.guardian.co.uk/commentisfree/2011/jul/17/us-default-debt-ceiling-obama-congress
#7 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 01:18 PM
Back on centrism, Taibbi put a good spin on it in regards to this:
http://www.rollingstone.com/politics/news/roundtable-the-gop-victory-the-tea-party-ascendancy-and-obamas-next-steps-20101110
"Gergen: If Obama is going to govern as well as prosper politically, he has to pivot back toward the center. He must embrace some sort of Social Security reform, just as Clinton did with NAFTA, even though his base will scream about it. He must also enlarge his inner circle by bringing in people who have the trust of the business community. One of the surprises for me has been that even though Obama rescued the banks, the alienation of the business community has reached a point that is threatening the recovery. Business people are sitting on a lot of money and not investing it because there is so much uncertainty about taxes, health care, financial regulations and energy. Obama's got to be more of a partner with the business community.
Taibbi: I have to disagree. The notion that the business community is disappointed with Obama because of what he's done in the past two years, I just don't see that. They're sitting on a lot of money, but they're sitting on it because he gave it to them...
Gergen: I don't think his problem is he hasn't put enough people in jail. I agree that when people commit fraud, they ought to spend some time in the slammer. But there's a tendency in today's Democratic Party to turn away from someone like Bob Rubin because of his time at Citigroup. I served with him during the Clinton administration, when the country added 22 million new jobs, and Bob Rubin was right at the center of that. He was an invaluable adviser to the president, and he is now arguing that one of the reasons this economy is not coming back is that the business community is sitting on money because of the hostility they feel coming from Washington.
Taibbi: I'm sorry, but Bob Rubin is exactly what I'm talking about. Under Clinton, he pushed this enormous remaking of the rules for Wall Street specifically so the Citigroup merger could go through, then he went to work for Citigroup and made $120 million over the next 10 years. He helped push through the Commodity Futures Modernization Act of 2000, which deregulated the derivatives market and created the mortgage bubble. Then Obama brings him back into the government during the transition and surrounds himself with people who are close to Bob Rubin. That's exactly the wrong message to be sending to ordinary voters: that we're bringing back this same crew of Wall Street-friendly guys who screwed up and got us in this mess in the first place.
Gergen: That sentiment is exactly what the business community objects to.
Taibbi: F*ck the business community!
Gergen: F*ck the business community? That's what you said? That's the very attitude the business community feels is coming from many Democrats in Washington, including some in the White House. There's a good reason why they feel many Democrats are hostile — because they are.
Taibbi: It's hard to see how this administration is hostile to business when the guy it turns to for economic advice is the same guy who pushed through a merger and then went right off and made $120 million from a decision that helped wreck the entire economy."
David Gergen is center of center centrist. And Matt Taibbi is not Matt Bai, who's another soulless centrist.
http://www.rollingstone.com/politics/blogs/taibblog/matt-bais-post-partisanship-20101205
They will not tell the truth. Tax increases will hurt these rich guys' wallets and calling a liar's lies what they are hurts their center bona fides. They would rather lie in the middle than stand by th
#8 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 01:54 PM
David Gergen is center of center centrist. And Matt Taibbi is not Matt Bai, who's another soulless centrist.
http://www.rollingstone.com/politics/blogs/taibblog/matt-bais-post-partisanship-20101205
They will not tell the truth. Tax increases will hurt these rich guys' wallets and calling a liar's lies what they are hurts their center bona fides. They would rather lie in the middle than stand by the truth.
And what's the truth?
http://www.youtube.com/watch?v=sV3EXUkt79Y
#9 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 01:58 PM
Wow, the ignorance of lefties like Ryan and Thimbles anytime you start talking numbers and budgets is astounding, even worse is how shrill and certain you are despite your ignorance. No wonder the broadcast media is going bankrupt, it's filled with such innumerates. Let me explain this budget mess in simple terms that even you two should understand, which I bet you won't find anywhere else online. The federal government pulls in $200 billion every month in tax revenues and is currently spending more than $300 billion every month, borrowing more than $100 billion/month to make up the difference. Well, putting it on the credit card only works for so long, as you eventually hit your credit limit, ie the debt ceiling. Obama now wants to raise the credit limit and he is threatening not to pay the credit card minimum, ie $20 billion/month in interest payments which he could easily pay first with that $200 billion coming next month, unless we let him borrow another couple trillion more.
Instead he's threatening to spend that $200 billion on other stuff and not pay the minimum, which will then kick off a bunch of fees, ie a default. He doesn't want to cut spending on anything, so he just throws a tantrum to make us let him borrow more. The Tea party is calling his bluff, because they know even he's not dumb enough to not pay the minimum, and saying "no, the real problem is out of control spending, let's cut the spending." The fact that the Tea party is the one called unreasonable or "insane" in this situation is a testament to both the stupidity and ignorance of the lefties. You're right about one thing, Ryan, this situation is not balanced, but it's hilarious that in arguing that, you picked the wrong side. Don't even get me started on Obama's fake "cuts," where he simply cranks up the budget forecasts for the next decade to crazy levels and then "cuts" from those made-up numbers.
#10 Posted by Ajay, CJR on Wed 27 Jul 2011 at 02:09 PM
You want to talk numbers?
If there is one thing the GOP and Obama has agreed on thus far, it's that the country needs more tax cuts. Tax cuts for the middle, tax cuts for the corporate, tax holidays, tax cuts renewed for the rich, everybody gets tax cuts.
The only way you can make tax cuts without accounting for them is by abandoning paygo, which the republicans did in 2003. This is your debt, you conservative dead beats.
http://www.theatlantic.com/politics/archive/2011/07/another-chart-that-should-accompany-all-debt-ceiling-discussions/242604/
The democrats left you with a surplus and you conservatives blew it. The debt ceiling has to be raised to pay not only for your unfunded spending, but also for your unaccounted for tax cuts.
You cannot begin to attack the deficit until you talk revenues, especially since America is currently in a depression which you conservatives brought on the country.
Numbers?
http://www.usgovernmentrevenue.com/downchart_gr.php?year=2004_2010&view=1&expand=&units=b&log=linear&fy=fy12&chart=F0-fed&bar=1&stack=1&size=m&title=&state=US&color=c&local=s
You are paying for 2010 costs with 2005 revenues. What do you expect to happen?
No seriously. You've busted the country with a historic economic contraction, you've doubled unemployment, you've ballooned costs into the stratosphere with inept wars and tax cuts.
You decreased revenues and increased costs. Then you've attacked Obama as a socialist if he tries to raise revenues and you've attacked Obama as a grandma killer if he tries to contain medicare costs. You've created a bad fiscal situation and then you - all you who pretend to be lapsed republicans while waving your paper tea cups - you've make it politically difficult to fix your mistakes.
I repeat, WHAT DID YOU EXPECT TO HAPPEN?
#11 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 03:36 PM
Thimbles, there was never a surplus, Clinton simply raided Social Security surpluses and spent it on other govt activity, then called what was left over a budget "surplus." As your own chart notes, tax cuts were only a quarter or less of the reason for the deficits, yet somehow the 75% attributable to raised spending and "economic and technical changes," ie the flim-flam budget forecasts that have since been repudiated, is not a problem as far as you're concerned. You can't spew nonsense about how that's all up to Republicans when the fact is that the Democrats wanted to spend much more than that. I won't even bother to address your lunacy about how wars or tax cuts caused the recession, as such outright ignorance is obvious to everyone but yourself.
Funny how you link to tax revenues going down but don't link to spending exploding during the same time frame, which is all on Obama from 2009 onwards. The real question here is whether the federal govt needs to spend $3.6 trillion and rising every year, particularly when it's borrowing 40% of that, and the Tea Party and a large majority of Americans have decided that the answer is "NO!" Funny how you lefties can't grasp this basic truth and spew ignorant vitriol as a result.
#12 Posted by Ajay, CJR on Wed 27 Jul 2011 at 04:40 PM
The commie/liberals love to beat the "Clinton surplus" nonsense into the ground..
Which would be fine, except.... There was no Clinton surplus. PERIOD.
The national debt increased every single year of the Clinton administration, Below is a list of the national debt by year, straight from the U.S. Treasury:
09/30/2000 $5,674,178,209,886.86
09/30/1999 $5,656,270,901,615.43
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38
09/30/1992 $4,064,620,655,521.66
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm
But commie/liberals never let the mere facts get in the way of a revisionist fairy tale!...
#13 Posted by padikiller, CJR on Wed 27 Jul 2011 at 08:21 PM
Got you conservatives like to pretend. Okay pretenders, let's pretend there was no surplus and that all there was was paygo, tax rates which were a few percentage points higher, a capable FEMA, no unfunded wars, no unfunded crappy medicare advantage, no unfunded crappy medicare part d, some finance regulators which were capable of reigning in a subprime crisis before it became so out of control, it lead to the complete collapse of the property system in the US.
You blew all that. You made the debt 7 trillion dollars worse. During your time, deficits didn't matter. And your time went until 2009 you liar.
http://www.cato.org/pub_display.php?pub_id=11094
http://capitalgainsandgames.com/blog/bruce-bartlett/1200/why-economy-needs-spending-not-tax-cuts
And it's funny that you seem to forget that between 1996 -2000 spending rose by 15%, a factor of spending/gdp which stayed constant at 20%, and rose 48% between 2000 - 2006, a factor of spending/gdp which also stayed constant at 20%.
Problem was none of that economic growth was real. During the Bush years, wages went down 1%. Consumer income didn't improve, while consumer debt exploded. Then the collapse started. In 2008 spending/gdp rose to 21%, 2009 spending/gdp rose to 24%. When Obama took over, gdp was bottoming out. Your guys did that. That was the baton you handed and, in spite of that, the Democrats brought your deficit down from your 2009 levels.
Thanks a lot, tea party, for being completely quiet about fiscal issues during the Bush years while screaming "4 more years" during his ownership society rallies. Thanks tea party for shouting "We want small government!" (after your government collapsed the economy) while shouting in the same breath "We want jobs!"
Guess what, stupid tea party, when you wreck the private sector economy, you don't get to have small government and jobs. Pick one.
Actually don't. The stupid silent-tea-party-when-it-might-have-mattered has picked enough. Go crawl under a rock until you learn how to govern like capable adults instead of like a horde of little Neros.
#14 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 09:12 PM
Okay, I'll be fair. Let's use your figures.
Clinton years debt increase 1993 to 2000 = 1.3 trillion
Bush years debt increase 2000 - 2006 = 2.8 trillion
Where's that grand old fiscal responsibility? Where was the tea party while Bush abandoned paygo and doubled Clinton's debt pile in just his good years (I excluded 2007-2009 just to be fair)
#15 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 09:30 PM
For those who are interested in the actual Clinton surplus:
http://www.factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
#16 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 09:33 PM
For those who are interested in numbers that actually add up, here's the link that backs up why the Clinton surplus still disappears- basically once you take out all such trust fund surpluses there was still a deficit- which is why padikiller's numbers show ever-growing debt and deficits:
http://www.craigsteiner.us/articles/30
#17 Posted by Ajay, CJR on Wed 27 Jul 2011 at 10:04 PM
And remember... They're not my numbers... They're the U.S. Treasury's numbers...
The simple, undeniable, incontrovertible R E A L I T Y is that there was no "Clinton surplus". PERIOD.
The national debt increased in every single year of the Clinton administration...
That's just the way it is, Thimbles.
#18 Posted by padikiller, CJR on Wed 27 Jul 2011 at 10:16 PM
Let's assume you're correct and that the surplus was actually money lent from the Social Security trust fund to general government revenues and therefore the Clinton surplus isn't a surplus because it's money owed to Social Security.
Then, by that logic, you are admitting that the social security trust fund is real and that the government is guaranteed to make due on its obligations to it. Therefore, you are admitting that social security is not bankrupt and has 2.5 trillion in special issue assets waiting to be cashed in.
Either Clinton had a surplus or social security does. Pick one. You can't pick neither.
And none of this obfuscation changes the reality that Clinton handed off a government and country in much better fiscal condition than how conservatives handed it off to the next guy.
And it doesn't change the fact that while Bush and his conservatives were cratering those finances, overturning civil liberties, torturing people, and a thousand other offenses both big and small, the tea party bull horns were SILENT. When it could have mattered, tea party people walked around with a glazed look in their eyes and a dumb simile on their faces with their teary eyed eagle posters mounted on their walls and their "NEVER FORGET" t-shirts worn proud.
And the only time I remember them challenging the Bush cult was when he tried to stick his personal lawyer on the supreme court. Never on finances. Never on debt ceilings. Never on unfunded government activities and unaccounted tax cuts. NEVER.
And now you presume you have something to say, a message worth listening to.
Send your message to the year 2000 or, failing that, stick it somewhere appropriate, somewhere out of sight.
#19 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 10:31 PM
Thimbles wrote: Clinton years debt increase 1993 to 2000 = 1.3 trillion
Bush years debt increase 2000 - 2006 = 2.8 trillion
Where's that grand old fiscal responsibility? Where was the tea party while Bush abandoned paygo and doubled Clinton's debt pile in just his good years (I excluded 2007-2009 just to be fair)
padikiller responds: Dude... Your not going to see me defending Bush's liberalism!... As I have repeatedly written, I believe that Bush should have been impeached over his screwy liberal programs.
Clinton was the closest thing we've had to a conservative president since Reagan. Reinventing Government... The Crime Bill... Welfare Reform... Free trade agreements... Capital gains tax reduction... Etc...
#20 Posted by padikiller, CJR on Wed 27 Jul 2011 at 10:32 PM
Oh, I know padi, you and the tea party are born again virgins when it comes to Bush. All that whore stuff was years ago. We should forget it.
Meanwhile:
http://www.usgovernmentrevenue.com/downchart_gr.php?year=1996_2006&view=1&expand=&units=b&log=linear&fy=fy12&chart=F0-fed&bar=1&stack=1&size=m&title=&state=US&color=c&local=s
Revenue/gdp fell between 3 to 5 percent under Bush. Clinton got spending and revenues up to 20% a piece, George inflated a false economy which kept government spending at 20% of the bubble but dropped revenues from 15 to 17%.
You have a revenue problem and you idiot
republicanstea partiers, tea baggers, whatever you call yourself to pretend the past is past, won't address it on pain of national default.Even when Obama offers outrageous cuts to social programs and entitlements during a depression you whatever-you-ares created.
It's all rather disgusting.
#21 Posted by Thimbles, CJR on Wed 27 Jul 2011 at 11:32 PM
There is no long-term revenue problem. There is a long-term spending problem.
You fix the spending problem and the revenue problem will take care of itself.
You don't need to convince me that Bush and the GOP mishandled the economy when they ran the show. Their spending malfeasance (and Obama's and the Dems even worse behavior since) resulted in a mess that will take years to clean up.
#22 Posted by padikiller, CJR on Thu 28 Jul 2011 at 08:04 AM
The author of this ignorant screed says : "The Democrats would vote to up the debt ceiling—which pays for bills we’ve already accrued (mostly under Republican presidents)—in a straight-up vote. "
As has been pointed out on bigovernment.com (see http://bigjournalism.com/rb/2011/07/28/who-watches-the-watchers-we-do/) there was in fact such a vote and it failed 97-318. (See http://www.businessinsider.com/clean-debt-ceiling-vote-just-fails-2011-5) If the author can get away with such ignorance under the auspices of the CJR why would anyone trust what he writes (or what the CJR publishes, for that matter) about anything?
#23 Posted by Waynester, CJR on Thu 28 Jul 2011 at 10:31 AM
The author of this ignorant screed says : "The Democrats would vote to up the debt ceiling—which pays for bills we’ve already accrued (mostly under Republican presidents)—in a straight-up vote. "
As has been pointed out on bigjournalism.com (see http://bigjournalism.com/rb/2011/07/28/who-watches-the-watchers-we-do/) there was in fact such a vote and it failed 97-318. (See http://www.businessinsider.com/clean-debt-ceiling-vote-just-fails-2011-5) If the author can get away with such ignorance under the auspices of the CJR why would anyone trust what he writes (or what the CJR publishes, for that matter) about anything?
#24 Posted by Waynester, CJR on Thu 28 Jul 2011 at 10:33 AM
As a Columbia B-School Graduate, i am truly embarrassed by this piece of utter trash.
I thought the cjr was supposed to be a watchdog -- it's clear that it is a lapdog to the leftist media and the Democratic party.
#25 Posted by Dan Freeman, CJR on Thu 28 Jul 2011 at 01:02 PM
"There is no long-term revenue problem. There is a long-term spending problem."
Wrong again.
http://www.businessinsider.com/republican-budget-hypocrisy-2011-7
There is no long term revenue problem if you want to have a third world government offering third world services which will result in a third world super power. No one wants a super power populated by desperate, resentful people.
Reminder, Clinton level taxation paid for Clinton level spending. It can be done. What can't be done in a democracy is cutting spending without regard to human cost. Those people you hurt today will be expected to pull the lever for you tomorrow.
"You don't need to convince me that Bush and the GOP mishandled the economy when they ran the show."
Oh really?
"Their spending malfeasance (and Obama's and the Dems even worse behavior since)"
Nope, I guess I do. You cannot say that Bush and the Democrats were worse. Obama resuscitated the economy left to him by Bush. Obama has put the wars on budget, unlike how the republicans used to do so they could overstate their frugality, they dropped billions of dollars in Iraq to college republicans who had been put in charge of rebuilding Iraq, they blew the tax cut hol...
I'm repeating myself. If you think Obama has done a worse job than Bush, then you either don't know or are pretending not to know, how bad he ran it.
And while he was running it that bad, no tea partier said a damn word. If you were so convinced Bush and the GOP were so bad a) why didn't you say something then
b) why don't you say something now as they defend their own subsidizes (like oil) and waste (like defense / Iraq)?
"The author of this ignorant screed says : "The Democrats would vote to up the debt ceiling—which pays for bills we’ve already accrued (mostly under Republican presidents)—in a straight-up vote. ""
And he is right. That "clean" vote was not serious.
http://news.firedoglake.com/2011/05/31/hoyer-asks-democrats-to-vote-against-debt-limit-kabuki/
It was made for republican election commercials, not to give Obama and America a choice to talk about deficit issues in a not extortionary environment.
#26 Posted by Thimbles, CJR on Thu 28 Jul 2011 at 01:50 PM
"As a Columbia B-School Graduate, i am truly embarrassed by this piece of utter trash."
If I was a Columbia B-School Graduate, i'd be truly embarrassed by the Columbia B-School.
http://www.youtube.com/watch?v=zlIoeTObmEk
http://www.youtube.com/watch?v=8lHvTKzfu8Q
Yup, Glen Hubbard, designer of the stupid 2003 Bush tax cuts, still dean of Business.
And Fred Mishkin, the "Brave Sir Robin" of the Federal Reserve during the bank crisis, still Professor of Banking and Financial Institutions.
Sigh, the funny things we take umbrage with while the other things are ignored and unnoticed.
PS. B-school. It's the truth. Sorry if the truth is too leftist and liberal for you.
#27 Posted by Thimbles, CJR on Thu 28 Jul 2011 at 02:07 PM
With such independent journalism, who needs State agitprop?
Thanks, CJR/AP/MSM!
Your Glorious Leaders couldn't "serve the people" without you.
#28 Posted by Dan A., CJR on Thu 28 Jul 2011 at 04:54 PM