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Related: About this forumDean Baker: The Deficit Crisis Mongers Go Off the Deep End
http://www.nationofchange.org/deficit-crisis-mongers-go-deep-end-1353168534However, the deficit crisis mongers are a persistent bunch. If they cant make a case based on economics, they turn to their good friend the confidence fairy. The story presented to us in a column in the Washington Post was that business people will get freaked out if there is no deal by January 1 and that financial markets will panic. New York Times columnist David Brooks pushed the same line in a column earlier in the week.
This sort of warning, coming from people who have a near-perfect track record in being wrong on everything they say about the economy, would ordinarily be laughable. Unfortunately, these warnings come from people who have prominent positions in national policy debates. Therefore it is likely that such warnings will be taken seriously.
The deficit hawks want to promote a sense of crisis because it is essential to advancing their agenda. If the January 1 deadline passes, the political ground shifts to those who just want to see an end to the Bush tax cuts for the wealthy. After January 1, the Bush tax cuts will have expired.
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Dean Baker: The Deficit Crisis Mongers Go Off the Deep End (Original Post)
eridani
Nov 2012
OP
There's an emotional component to this unnecessary "agenda" that's just creepy
BeyondGeography
Nov 2012
#1
BeyondGeography
(39,376 posts)1. There's an emotional component to this unnecessary "agenda" that's just creepy
Hurt people. Also, don't just inflict pain, but reinforce my own personal advantage. I've got mine, and mine just got even better than yours. It's just sadism.
JDPriestly
(57,936 posts)2. Agreed, BeyondGeography
libodem
(19,288 posts)3. A certain subset of the population
Is mind-fucked by this propaganda. They watch, faux, listen to Glans Bleck and Limpbaugh, and go to fundy churches. I've seen a few of them and they are devastated by Romney's loss. They are dumbfounded and slapped silly, they thought it WAS neck and neck.
Someday I should write about my talk, with my insurance management friend, on Friday. Very conservative lady. Hooo boy. That was tough. But nobody reads my drivel anyway.