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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKrugman: This Republican Economy
By PAUL KRUGMAN
What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters wont notice is that thats precisely the policy weve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams.
So the Republican electoral strategy is, in effect, a gigantic con game: it depends on convincing voters that the bad economy is the result of big-spending policies that President Obama hasnt followed (in large part because the G.O.P. wouldnt let him), and that our woes can be cured by pursuing more of the same policies that have already failed.
For some reason, however, neither the press nor Mr. Obamas political team has done a very good job of exposing the con.
What do I mean by saying that this is already a Republican economy? Look first at total government spending federal, state and local. Adjusted for population growth and inflation, such spending has recently been falling at a rate not seen since the demobilization that followed the Korean War.
How is that possible? Isnt Mr. Obama a big spender? Actually, no; there was a brief burst of spending in late 2009 and early 2010 as the stimulus kicked in, but that boost is long behind us. Since then it has been all downhill. Cash-strapped state and local governments have laid off teachers, firefighters and police officers; meanwhile, unemployment benefits have been trailing off even though unemployment remains extremely high.
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http://www.nytimes.com/2012/06/04/opinion/krugman-this-republican-economy.html
Marr
(20,317 posts)gives Obama a bit more credit than he deserves here. Our economy is very much the right-wing dream at present, but it's largely because our political establishment as a whole-- not just the Republicans-- have been pushing this "elites first" garbage for years. Yes, the Republicans have obstructed everything they could, but the number of right-wing positions that have been wholesale adopted by the Democratic establishment is itself enough to make us a trickle-down nation.
I know Krugman's probably trying to play it safe in an election season, but you are 100% correct.
"I know Krugman's probably trying to play it safe in an election season, but you are 100% correct."
Krugman knows the deal:
Add health care reform to the list because Krugman sees it as one of the biggest game changers.
1StrongBlackMan
(31,849 posts)I wonder if President Obama is approaching this campaign in a "lawyerly" way ... That is building a case, by slowly and thoroughly, introducing one element at a time, because the public is simple and has a very short memory. Things need to be spelled out step by step, word by word.
If so ... He will continue hitting romney on economic stuff, e.g., Bain Capital and romney's record in Mass until late june/mid-July, then he will introduce the "do nothing congress" element throughout July and August.
Then, he will enter his "summation" phase, where he says, "I did this, romney did Bain, while the congress did nothing ...; I did that while the congress did nothing and it produced this, romney brought his 'Bain experience' to Mass that produced 47th in job creation.
By doing this, not only will the Obama Campaigh will benefit; but it hits members of congress as well.
For me, the tell will be if we start seeing democratic congress members introducing jobs bills (in August/September), in the face of the gop's threatening to hold the debt ceiling hostage, again.
One could not ask for a more clear line of demarcation between President Obama AND Democrats vs the gop, that even the most dull among the electorate can follow.
Here's hoping!
woo me with science
(32,139 posts)This constant, willful, desperate pretending that it comes only from the other side is the single biggest obstacle we face in fixing the problem.
Until Democrats are capable of saying the words "corporate money" and "collusion" and "wrong" without choking on our blue team jerseys, we will never have a unified opposition to this garbage.
RC
(25,592 posts)There are too many Democrats supporting the Republican economy. How can we recover when there are so many (D)'s that should read (R) or even (T) {Treason} in the Democratic Party.
kenfrequed
(7,865 posts)At the first Democrat that stupidly decided to claim "I'm socially moderate and fiscally conservative."
The fact of the matter was that we needed to make a big left turn to get our ass back on the road and instead we just sort of steadied the wheel abit. I don't entirely blame President Obama. He choose a bad team that regularly and routinely misinformed him and worked hard to undercut every reform idea out there. Suskind's book lays out where much of the blame should lie.
There are people that are more interested in defending the pro-bank policies of the administration and some of the cabinet folk than the president himself. There are also people that want to villify the president with every breath they take. Both of these groups will try to tell you that the president is immune to these cabinet and advisor positions and that all the decisions are precisely what he wanted to do. I don't buy it.
xtraxritical
(3,576 posts)RC
(25,592 posts)I check out who I vote for. As I said, there are too many (R)'s hiding behind a (D). More people need to check out the candidates closer.
The last candidate I could really get behind was Byron Dorgan (D) ND, but he retired and I moved.
http://en.wikipedia.org/wiki/Byron_Dorgan
kenfrequed
(7,865 posts)If the only other options in the races are (R) then hell yes vote a straight Democratic ticket.
I would extend that to the idiotic "Constitution party," the moronic "libertarian party," or whatever other right wing party that might be on the ticket.
If you absoultely must protest vote at least do it for a party that has a platform that is A: recognizable. B: intelligable. and C: something you might actually believe would be good policy. D: Is actually at least as progressive as the Democrats or a hell of a lot more progressive.
Otherwise I see no reason to not vote Democrat.
Edit I thought you were judging people poorly that voted a straight Democratic ticket. Nevermind.
Egalitarian Thug
(12,448 posts)longship
(40,416 posts)R&
Iwillnevergiveup
(9,298 posts)"Republican economy" speaks volumes.
K&R
pansypoo53219
(21,016 posts)MORE SUPPLY SIDE. even supply siders have faced up to it's NOT WORKING.