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Robert Reich: Radical right have won a huge strategic victory

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Divernan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:24 AM
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Robert Reich: Radical right have won a huge strategic victory
http://robertreich.org/post/8331408301

Ransom Paid

Monday, August 1, 2011

(excerpts)

It also hobbles the capacity of the government to respond to the jobs and growth crisis. Added to the cuts already underway by state and local governments, the deal’s spending cuts increase the odds of a double-dip recession. And the deal strengthens the political hand of the radical right.

More than a year ago, the President could have conditioned his agreement to extend the Bush tax cuts beyond 2010 on Republicans’ agreement not to link a vote on the debt ceiling to the budget deficit. But he did not.

Many months ago, when Republicans first demanded spending cuts and no tax increases as a condition for raising the debt ceiling, the President could have blown their cover. He could have shown the American people why this demand had nothing to do with deficit reduction but everything to do with the GOP’s ideological fixation on shrinking the size of the government — thereby imperiling Medicare, Social Security, education, infrastructure, and everything else Americans depend on. But he did not.

And through it all the President could have explained to Americans that the biggest economic challenge we face is restoring jobs and wages and economic growth, that spending cuts in the next few years will slow the economy even further, and therefore that the Republicans’ demands threaten us all. Again, he did not.

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Divernan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:27 AM
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1. Deal puts safety nets/public investments on the chopping block.
More from OP link:

Anyone who characterizes the deal between the President, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.

The deal does not raise taxes on America’s wealthy and most fortunate — who are now taking home a larger share of total income and wealth, and whose tax rates are already lower than they have been, in eighty years. Yet it puts the nation’s most important safety nets and public investments on the chopping block.

The radical right has now won a huge tactical and strategic victory. Democrats and the White House have proven they have little by way of tactics or strategy.

By putting Medicare and Social Security on the block, they have made it more difficult for Democrats in the upcoming 2012 election cycle to blame Republicans for doing so.

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Puglover Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:32 AM
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2. I am stupidly holding on to a shred of hope that
1. This isn't as bad as it seems.

or it's 26th dimensional chess and

2. The White House knows it won't pass and will give them the cover they need to use the 14th.

But for those two things I am beyond disgusted.
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nashville_brook Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:38 AM
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3. k and r
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:49 AM
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4. Throwing Us Into Default Would be an Even Bigger Victory for the Teabaggers
Default would implement pretty much their entire agenda all at once,
as the government would instantly be reduced to little more than
the military and the various police agencies.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:58 AM
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5. K & R. n/t
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