Tuesday, April 5, 2011

Budget Insanity

How can Republicans believe that they'll win votes for "courage" to stand up to the poor on behalf of all those victimized rich guys? Unlike the Beatles' song, they seem to think that money can buy them love.

If Fox and corporations can spin this, then we have wholly entered into a corporate-run nation, in which only the CEO's and billionaires count--perhaps GOP activists will gain perks like the apparatchiks in the Soviet CP, or the higher ups in Germany's NSDAP. The rest of us just better keep our heads low, and work hard for our diminishing crusts of bread.

Congressman Ryan, the GOP budget boss, proposes draconian cuts to services, eventual privatization of Medicare at the likely expense to future seniors, and then proposes cutting high-end tax rates by a whopping 10%, while closing middle class loopholes like the mortgage deduction.

So, let's be clear about what he's proposing: take from the poor and middle class, who are hurting from this recession. Take from them some of the services that are enabling them to survive, take from them the loopholes that make middle class tax rates affordable, take from the people who are being thrown out of work, losing their homes--or, know they are at risk for one or both. Take from them the assurance that in their old age, their health care will be there for them.

What does this great subtraction buy? The first thing is tax cuts for the rich and corporations (almost half of which avoid paying any taxes). What will that buy? More speculation, not more jobs. The rich are already sitting on trillions of dollars; they are not investing in job creation--except possibly in places like China or Brazil.

A large enough cut in government spending to reduce the size of government, could also buy a renewed recession--unless we're lucky enough to have a real recovery before it takes effect.

Which brings us to the budget impasse on the 2011 budget: Boehner and his cohorts demand huge cuts, but they also demand programmatic cuts, like defunding NPR and Planned Parenthood. The programmatic cuts won't cut the deficit, so their argument for them is disingenuous. But the huge cuts to states, to services, to health care, to programs could be a recessionary strong right fist to the economy, especially since the tax cuts to everyone have only enabled unemployment to be pushed back a little; the elite aren't investing their gains in jobs; they're just expecting their workers to work harder--without unions, of course.

So, Ryan and Boehner, and those behind them, want to shove us on the economic path built by the late Roman Empire, in which a few own virtually everything, and everyone else is a slave or a serf.

It weakened Rome, too.

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