“Unjustified And Wrong”: The Poor Should Not Bear The Burden Of A Deficit They Didn’t Cause
GOP leaders in Congress who can’t stop talking about family values are proposing an array of deep cuts to food stamps, child tax credits, healthcare for the poor, and even block grants that help states with daycare and adoption assistance. Left untouched are military spending that has ballooned over the last decade and tax breaks for the richest Americans. This isn’t courageous or pragmatic. It’s fiscally irresponsible and morally wrong.
Religious leaders are not letting Rep. Paul Ryan—architect of the GOP budget proposal—get away with the fiction that this budget reflects the values of his Catholic faith. The U.S. Conference of Catholic Bishops has sent a series of letters to GOP-controlled House committees arguing that these cuts are “unjustified and wrong.” Bishops wrote this week that “a just framework for future budgets cannot rely on disproportionate cuts in essential services to poor persons” and bluntly conclude that “the proposed cuts to programs in the budget reconciliation fail this basic moral test.” Catholic leaders have called for “shared sacrifice,” putting “unnecessary military spending” on the table and—in a pointed critique of Republicans’ fiscal fantasy that we can balance the budget by cuts alone—reference the need for “raising adequate revenues.” When Representative Ryan recently spoke at Georgetown University, almost 90 professors and priests at the Catholic university urged him to stop distorting Catholic social teaching to advance his radical ideological agenda. Expect faith leaders to keep challenging budget proposals and economic policies that undermine bedrock principles of justice, compassion, and the common good.
We should not pit national security against economic security. An effective military and a responsive government that doesn’t turn its back on vulnerable families are both achievable if we move beyond false choices. The working poor struggling in minimum-wage jobs, the elderly, and a squeezed middle class did not cause our deficits. They should not be asked to bear the greatest burden.
By: John Gehring, Washington Whispers Debate Club, U. S. News and World Report, May 10, 2012
“Path To Salvation Doesn’t Pass Through Barbarity”: Bernie Sanders Brings The Anti-Austerity Fight to America
Bernie Sanders is as focused as any member of Congress could be on the struggles of the state he represents, and more generally on the challenges facing working people across the United States.
But that does not mean that the independent senator from Vermont fails to recognize when things are kicking up around the world—especially when those developments have meaning for the fights he is waging in Washington.
So it should come as little surprise that the news from Europe—of a democratic rejection of failed austerity policies—has caught his imagination.
Sanders knows that austerity is not just a European crisis. It threatens America as well. And he is highlighting what his Senate website recognizes as: “An Austerity Backlash.”
The senator is right to be excited that citizens are pushing back.
Sanders says Europe’s voters are sending a message that America’s voters can and should echo: the time has come to reject austerity measures that have unfairly burdened working families, while redistributing ever more wealth upward to millionaires and billionaires.
France on Sunday elected a new president, Socialist François Hollande, who campaigned on a promise to tax the very wealthy in order to free up funds for investment in job creation, education and social services.
Hollande rejects the attacks on unions and cuts to education and public services that have stalled European economies, promising that he will not casually continue the job-killing austerity policies foisted on Europe by bureaucrats and bankers.
There is, Hollande says, “hope that at last austerity is no longer inevitable.”
In Greece, the leader of the Syriza, the radical coalition that as a result of Sunday’s election results has leapt from the sidelines of politics to status as the nation’s second-largest party, is even more blunt in his rejection of austerity.
“We believe the path of salvation doesn’t pass through barbarity of austerity measures,” argues Syriza’s Alexis Tsipras.
Hollande and Tsipras are different players, with different styles and different policies.
Yet, their dramatic shows of strength in Sunday’s voting, along with similarly strong results for critics of austerity running in German state elections and Italian local elections, suggests that voters are fed up with the austerity fantasy that says the best response to tough times is a combination of tax cuts for the rich and pay and benefits for the workers.
What should Americans make of the results?
Sanders knows. The independent senator from Vermont, who has led the fight to preserve education, healthcare and social services funding in the face of proposals by House Budget Committee Chair Paul Ryan and his fellow proponents of an American austerity agenda, says the message sent by European voters can and should be echoed by American voters.
Yes, of course, the accent will be different, as will specific concerns and proposals. America is different from Germany, Greece and France.
But the threat posed by failed and dysfunctional policies is the same.
“In the United States and around the world, the middle class is in steep decline while the wealthy and large corporations are doing phenomenally well,” says Sanders. “The message sent by voters in France and other European countries, which I believe will be echoed here in the United States, is that the wealthy and large corporations are going to have to experience some austerity also and that that burden cannot solely fall on working families.”
Sanders is making the connections, recognizing the importance of a democratic push-back against policies that are as cruel as they are economically unsound.
“In the United States, where corporate profits are soaring and the gap between the rich and everybody else is growing wider, we must end corporate tax loopholes and start making the wealthy pay their fair share of taxes,” the senator explains. “At the same time, we must protect Social Security, Medicare and Medicaid. Austerity, yes, but for millionaires and billionaires, not the working families of this country.”
Sander is, of course, correct.
Let’s just hope that his message is echoed by other leaders in the United States.
Just as austerity is wrong for Europe, it’s wrong for the United States.
By: John Nichols, The Nation, May 7, 2012
“Snob With No Common Sense”: Romney Is Winning Young Voters … For Obama
Why is Barack Obama officially kicking off his presidential campaign this weekend at Virginia Commonwealth University and Ohio State University?
Ohio and Virginia are easy since both are key presidential battleground states. But why start on college campuses? The answer is simple. To win re-election, the president needs the same kind of enthusiasm and support from young people he enjoyed in 2008. The president will have to work very hard to capture the magic of his last campaign. Not coincidentally, the Obama campaign just released a new viral ad called the “The Life of Julia” which depicts the positive impact that Obama policies will have on an American woman as she progresses through her life and career.
Rick Santorum may not recognize the importance of a college degree but most people do. A college degree gives young Americans the chance to compete effectively in a cut throat global economy. Helping young people get a college education is not snobbery, it’s just common sense. Data shows that college grads are less likely to be unemployed and more likely to make good money than people who don’t have degrees.
But the House Republicans want to make it more difficult for young people to compete internationally. Student loan interest rates will double by July 1 unless the GOP gets off its butt. But Republicans in true Darwinian fashion are pitting college students against pregnant women in the struggle for federal aid. But the GOP won’t even consider the idea of eliminating federal tax freebies for their budget buddies, the banksters and billionaires to fund college student loans and preventive healthcare for women. The banksters and billionaires have well-heeled lobbyists and millions of dollars to contribute to GOP campaigns. Pregnant women and college students don’t have anything that matters to Republicans.
I am a part-time college professor and many of the students I taught this semester won’t be back in the fall if House Republicans fail to block the increase in interest rates for college loans. Their absence will be a tragedy for America and our ability to compete in the global economy.
Since Mitt Romney has a degree from Brigham Young University and two degrees from Harvard, he should understand the importance of a college degree. But Mitt Romney doesn’t understand anything that matters to most Americans. Romney advised young people who can’t afford a college education to borrow money from their parents to go to school. Well that’s fine if your dad is as rich as Mitt Romney. But middle class Americans are just barely paying their mortgages and putting food on the table, so lending their kids money for a college education is just a pipe dream and another indication that Richey Romney doesn’t have a clue about the problems of working families.
Romney and other Republicans are doing everything they can to drive the millennial generation of Americans between the ages of 18 and 30 back into the Obama fold. When Barack Obama went on Jimmy Kimmel’s TV show, the GOP ran a TV ad which criticized the president for being “cool.” Since young people like “cool,” the Republicans were simply spending their own money to reinforce the Obama message to the millennials.
It’s just not the Republican position on college loans that is hurting the party. GOP positions on social issues are also keeping young people in the Democratic camp. Millennials are overwhelmingly prochoice and pro-gay marriage. Young people believe that there should be an easy path to citizenship for immigrants and they support the president’s efforts to reform the healthcare system. The religious fundamentalists who dominate Mitt Romney and the GOP scare the living hell out of young people who are suspicious of any kind of religious orthodoxy. According to Morley Winograd and Mike Hais in their book Millennial Makeover, the Republicans will pay an even higher price for their right wing social policies when the growing millennial generation becomes the dominate force in American politics over the next decade.
Republicans feel that the president is too cool for school. But the kids in school will vote again for Barack Obama because of his campaign efforts and because of the help he is getting from Republicans.
By: Brad Bannon, U. S. News and World Report, May 4, 2012
“A Horrifying Worldview”: The Endless Arrogance Of Wall Street
The super wealthy apparently believe that they deserve constant deference.
Greg Sargent is rightfully stunned by the entitled petulance of Wall Street bankers who are shocked—shocked—that President Obama would do anything other than praise their indispensable brilliance:
Wall Streeters are so upset about Obama’s harsh populist rhetoric that they privately called on him to make amends with a big speech — like his oration on race — designed to heal the wounds of class warfare in this country. […]
Of course, their exaggerated weariness notwithstanding, the “wounds of class warfare” haven’t been borne by Wall Streeters, who remain fabulously wealthy even after causing the worst downturn since the Great Depression. If there’s anyone waging class warfare, it’s the radicalized representatives of the rich, who have successfully engineered government to enhance their wealth at the cost of our shared responsibilities. As such, the actual victims of class warfare are the ordinary Americans who face stagnant wages, rising costs, and a tattered safety net.
After going through the insanity of Wall Street complaints, Sargent ends his post on this note:
One wonders if there is anything Obama could say to make these people happy, short of declaring that rampant inequality is a good thing, in that it affirms the talent and industriousness of the deserving super rich. It certainly seems clear that they won’t be satisfied until he stops mentioning it at all. [Emphasis mine]
If you think the bolded section is an exaggeration, you should take some time to read Adam Davidson’s New York Times profile of Edward Conard, a former partner at Bain Capital—Mitt Romney’s investment fund—who now works as an apologist for the ultrawealthy. Conard believes three things. First, that millionaires and billionaires earned every penny of their wealth through merit and hard work:
God didn’t create the universe so that talented people would be happy,” he said. “It’s not beautiful. It’s hard work. It’s responsibility and deadlines, working till 11 o’clock at night when you want to watch your baby and be with your wife. It’s not serenity and beauty.”
Second, that immense wealth is the just reward for any and all risk taking:
“It’s not like the current payoff is motivating everybody to take risks,” he said. “We need twice as many people. When I look around, I see a world of unrealized opportunities for improvements, an abundance of talented people able to take the risks necessary to make improvements but a shortage of people and investors willing to take those risks. That doesn’t indicate to me that risk takers, as a whole, are overpaid. Quite the opposite.” The wealth concentrated at the top should be twice as large, he said.
And finally, that extraordinary income inequality is a net plus for society. Those who use their wealth for charity, Conard argues, are depriving the world of investment and gain:
During one conversation, he expressed anger over the praise that Warren Buffett has received for pledging billions of his fortune to charity. It was no sacrifice, Conard argued; Buffett still has plenty left over to lead his normal quality of life. By taking billions out of productive investment, he was depriving the middle class of the potential of its 20-to–1 benefits. If anyone was sacrificing, it was those people. “Quit taking a victory lap,” he said, referring to Buffett. “That money was for the middle class.”
For those of us who don’t see wealth as the ultimate end, who see value in other, non-monetary pursuits, and who understand the power of chance and fortune, this is a horrifying worldview. Conard seems oblivious to the fact that there are people who work hard—punishing their bodies with physical labor—in order to scrap by with the basics of life. It’s not that these people are lazy, it’s that they didn’t win the cosmic dice game that put them in a position to reach the heights of American society.
There is a disturbing corollary to Conard’s worldview, that he expresses in his conversation with Davidson—if the wealthy are supremely virtuous for their pursuit of wealth, then those who reject that choice—regardless of what they do—are unworthy of our respect or admiration:
Conard, who occasionally flashed a mean streak during our talks, started calling the group “art-history majors,” his derisive term for pretty much anyone who was lucky enough to be born with the talent and opportunity to join the risk-taking, innovation-hunting mechanism but who chose instead a less competitive life.
Given their friendship and close connections, one thing to consider is whether Mitt Romney holds views close to Conard’s. Judging from his domestic policy plans—huge income tax cuts for the wealthiest Americans, combined with tax cuts on investment income, and a dramatic reduction in social services—the obvious answer is yes, of course he does. And indeed, at the end of his profile, Adam Davidson offers the strong suggestion that Romney’s thinking has more in common with his friend than it does with any of us.
BY: Jamelle Bouie, The American Prospect, May 2, 2012
“The Definition Of Hypocrite”: Scott Brown Needs A Dictionary
Earlier this year, Sen. Scott Brown (R-Mass.) began criticizing his main Democratic rival, Elizabeth Warren, for being a “hypocrite.” The argument went like this: Warren makes a fair amount of money, but she’s an advocate for struggling, working families. Ergo, she’s guilty of “hypocrisy.”
The problem, of course, is that this line of attack is dumb, and reflects ignorance about the meaning of the word “hypocrite.” Warren has acquired a fair amount of wealth, after having been raised by a family of modest means and putting herself through law school, but she’s now one of the nation’s leading voices in representing the interests of the middle class.
Brown can agree or disagree on the merits of her beliefs, and he and his fellow Republicans are free to argue that fighting for the middle class is a bad idea, but when those with considerable personal resources look at the status quo — a growing class gap, wealth concentrated at the top, rising poverty — and want a more progressive approach, that’s admirable, not hypocritical.
And yet, Brown and his team are still confused.
Massachusetts Sen. Scott Brown’s campaign accused Democratic candidate Elizabeth Warren of “hypocrisy” after she admitted to not paying higher taxes than the state requires. […]
“The problem with running a campaign based on self-righteousness and moral superiority is that you had better live up to the same standard you would impose on everyone else,” [Brown campaign managed Jim Barnett] said. … “This is the sort of hypocrisy and double-speak voters are sick and tired of hearing from politicians, especially those who can’t keep their hands out of others’ pocketbooks.”
Let’s explain this in basic terms.
1. Elizabeth Warren makes a good living and pays her taxes.
2. Warren believes she and others in her income bracket should pay higher taxes.
3. Warren would gladly pay higher taxes, but she hasn’t made charitable contributions to the government treasury, and she hasn’t urged anyone else to make charitable contributions to the government treasury, either.
If Brown and his team think this is “hypocrisy,” perhaps Warren could use some of her money to send a dictionary to the Republican campaign headquarters.
By: Steve Benen, The Maddow Blog, April 23, 2012