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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKrugman: Extortionists Versus Con Men
Extortionists Versus Con Men
Its looking increasingly as if House Republicans wont crash the world economy by refusing to raise the debt ceiling, at least not right now. Score a big one for the White House (provisionally); its bet that it wouldnt need a way to bypass the ceiling is looking like a winner (although it aint over until the tanned guy cries).
Its important, however, to be clear about whats going on here, and in particular about the nature of the debate within the GOP. Some commentary depicts it as a debate between radicals and moderates; but its actually a debate between extortionists and con men.
Heres what I mean. Essentially the entire GOP is committed to radical policy goals that are also deeply unpopular. All but 10 House Republicans voted for the Ryan plan, which would privatize and defund Medicare, impose savage cuts on Medicaid, and cut taxes on the wealthy and corporations. There was effectively no dissent from the notion that we need to dismantle the welfare state in order to make room for low taxes at the top.
But the public favors higher taxes on the affluent, and strongly supports all the major social insurance programs. So the divide within the GOP is about how to get past this awkward political reality.
- more -
http://krugman.blogs.nytimes.com/2013/01/18/extortionists-versus-con-men/
Its looking increasingly as if House Republicans wont crash the world economy by refusing to raise the debt ceiling, at least not right now. Score a big one for the White House (provisionally); its bet that it wouldnt need a way to bypass the ceiling is looking like a winner (although it aint over until the tanned guy cries).
Its important, however, to be clear about whats going on here, and in particular about the nature of the debate within the GOP. Some commentary depicts it as a debate between radicals and moderates; but its actually a debate between extortionists and con men.
Heres what I mean. Essentially the entire GOP is committed to radical policy goals that are also deeply unpopular. All but 10 House Republicans voted for the Ryan plan, which would privatize and defund Medicare, impose savage cuts on Medicaid, and cut taxes on the wealthy and corporations. There was effectively no dissent from the notion that we need to dismantle the welfare state in order to make room for low taxes at the top.
But the public favors higher taxes on the affluent, and strongly supports all the major social insurance programs. So the divide within the GOP is about how to get past this awkward political reality.
- more -
http://krugman.blogs.nytimes.com/2013/01/18/extortionists-versus-con-men/
Maybe Republican will try to "get past this awkward political reality" in the same way they're dealing with "legitimate" rape
http://thinkprogress.org/justice/2013/01/18/1466241/republicans-told-to-shut-up-about-rape-at-house-gop-retreat/
The Morning Plum: The increasingly isolated GOP
http://www.democraticunderground.com/10022201031
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Krugman: Extortionists Versus Con Men (Original Post)
ProSense
Jan 2013
OP
Skink
(10,122 posts)1. The tan guy cries
ProSense
(116,464 posts)2. Kick! n/t
siligut
(12,272 posts)3. They are serving the few
And have no place in the peoples government.
octoberlib
(14,971 posts)4. K&R!