Tag Archives: economy

Political Rants

Faith and credit.

Kind of tired, so these will be brief.

Cruz Control. Here we go again, lurching from crisis to crisis, the federal government sputtering along on fumes once more, its lifeblood of funding drying up. We haven’t had an actual federal budget plan approved in years, just a series of continuing resolutions and last-minute deals. And now, as the federal deficit has shrunk (thanks in part to the blind cuts imposed by sequestration) to nearly half its Mohammad Mossadeghsize one year ago, the party who rules Washington – the tea party-fueled G.O.P. – has decided to drive us over the cliff once again, only this time it’s about ideological, not budgetary, complaints. We must kill Obamacare (and fulfill a long list of other reactionary desires), or the economy gets it.

Ted Cruz is working the reps in the House, but really … the reps should know better. How can you call yourself a conservative and support playing chicken with the debt ceiling?

Good call. Iranian president Rouhani called our own president today, and they had a 15 minute conversation – the first between leaders of these respective countries in more than thirty years. You may not like to hear this, but the reason for this is more about us than about them. We overthrew Mossadegh in 1953, imposed the Shah Reeza Palavi for 25 years, supported Saddam Hussein’s savage attack on them, imposed sanctions that have starved them, sickened them, and prevented them from living a decent life for decades. Small wonder they’re unhappy with us.

Our government’s criticism that they support “terrorism” is ironic at best, cynical at worst. What worse terrorism is there than that which we have practice on them since 1979?

luv u,

jp

Political Rants

Chain gang.

The thing that keeps popping into my mind as more details of the president’s budget emerge is the notion of how small-bore our political leaders are about everything. We face enormous problems – climate changes, massive unemployment, deindustrialization, economic inequality, rampant militarism, an out-of-control justice and penal system, rampant gun violence, and so on – and yet our politicians behave like the wizened, stingy little men they are and fail again and again to recognize the scale of what’s confronting us. Obama is no exception, his desire to reach a “Grand Bargain” with the Republicans so overriding that he appears to have forgotten who stood out in the sun, rain, whatever, for hours and voted for him last November.

Think bigger.
Think bigger.

Honestly, it’s hard to imagine that a Democratic president, serving in the wake of two decades of steady decline for the poor and working class, would opt for a plan that would cut the meager supplemental retirement checks of elderly people in order to preserve preferential treatment for the nation’s wealthy, who have been doing just fine since the Reagan years, thank you very much. He talks about balanced approaches and shared sacrifice, but what he seems to forget is that the vast majority of us have already carried more than our share of sacrifice. Many have paid with their jobs/careers, others with their homes, their retirement funds. And they are supposed to give up more on top of that? Ludicrous.

This is not a new formula, nor is it a surprise. Obama has been signalling this decision for a few years. He is just following the example of previous Democratic party presidents, particularly that of Bill Clinton, who was a master triangulator and who ruled in a way that assumed the poor, the workers, people on the left, and people of color had no where else to go politically. The only remedy for this cynicism is push back. Politicians respond to public pressure – it there is any “law of gravity” in politics, that is it. Look at how quickly the Occupy Wall Street movement changed the conversation over a year ago. It has since drifted back to austerity and small-mindedness, but that can be overcome. Look at the gun debate, at immigration, at gay rights. There is movement because politicians are looking at the masses of people moving these issues forward.

So… if anyone is going to save the poor, the disabled, the elderly, from a greater level of penury (imposed to service the interests of the rich), it will be us. Make a ruckus…. or they’ll fuck us. That is all.

luv u,

jp

 

Political Rants

The way we are.

The sequester deadline is getting closer, but – unsurprisingly – we are no closer to cutting a deal to avoid draconian cuts to a full range of programs. In all honesty, if it weren’t for the domestic and veteran-support programs that would fall under that senseless cleaver, it might not be such a bad thing in that the Defense budget would finally see some reductions. Of course, as every close observer of national politics knows all too well, cuts to the DOD turn normally conservative – even Randian – Republicans into hysterical Keynesians, warning of the dire employment consequences if the Pentagon budget were slashed. There’s some truth to that … which is why it sounds so strange coming out of Republicans’ mouths. But anyway…

Hey, nitz!
Shout out to "the man".

It’s worth repeating Robert Pollin’s observation here that Pentagon spending is not the best way to create jobs. $1 million spent on defense creates roughly a dozen jobs. Spend that same money on education and you’re up into the mid twenties. So if the Republicans are simply looking for ways to generate employment through public spending, there are plenty of ways to accomplish that. Personally, I think their only concern – aside from winning elections – is for the welfare of the well-off. It’s really all they ever talk about, if you listen carefully to what they say.

It shows in what they do, too. Since 2010, they have raised my income taxes in a major way twice – twice! In 2011 they scotched the “Making Work Pay” tax credit, which was worth about $800 to couples. This past year, they ended the payroll tax holiday; refused to budge on that, too, in favor of extended breaks for people making $250,000 to $400,000 a year. W.T.F., Boehner, McConnell – what happened to your Norquistian anti-tax pledges? Oh, that’s right – I’m not rich, so it doesn’t apply to me.

Hey, nitz! Boehner! You want to fuel job growth through increased consumption? Here’s an easy way to do it. Raise taxes on the freaking rich, cut them on the poor and working class, and raise the minimum wage to at least $9 with indexing, as Obama proposed. When working people get money, it goes right back into the economy. We spend it like water … not because we’re profligate, but because we have to. Give more money to the rich, they’ll just sit on it, like they’re doing now.

Little piece of advice for you, Jack. No charge. Happy freaking Valentine’s day.

luv u,

jp