Tag New York Times

“You can’t blame the wreck on the train”

Pat Ryan Leave a comment

I only wish I had more time during the day to ponder all the developments in the “negotiation” in Washington, D.C. over raising the national debt ceiling, an issue that’s become wedded to an effort to cut government spending.  And that’s a fine issue…if only more Congresses had spent more time thinking about cutting, or at least holding the line.  Loren Steffy, one of the few bright spots at Houston’s Leading Information Source, observes that these are really two different issues and he makes a frightening case for the consequences we might all suffer if today’s Congress doesn’t pay the bills rung up in the past.

Since we last spoke on this matter, the Republican leader in the U.S. Senate has finally had something to say.  After letting the speaker of the House and the House majority leader carry the fight against President Obama, Sen. Mitch McConnell offered a surprise solution to the impasse: give all the responsibility for raising the debt ceiling to the president, so the country won’t face an actual default but Republicans won’t have to take a record vote for higher taxes or a higher debt ceiling.  Maybe he thinks he’s being clever, but he’s getting killed by “conservatives” who think he’s given up the sacred fight.

See, it’s really hard to trust labels.  The Tea Party people, at least those who really drank the kool-aid, they say they’re conservative.  But there are plenty of people who’ve been known as strong conservatives for quite a while (in just the past week I’ve cited David Brooks, Kathleen Parker and David Gergen, for example) who think the GOP in Congress may be going too far this time.  Today I’ll add Steve Bell, who believes there will be a deal and no default, but that Republicans are spending so much energy protecting tax cuts for the richest Americans that the voters are going to smack ’em up-side their heads in November 2012 (I paraphrase).  Gallup’s latest poll finds, not surprisingly, that Americans would prefer to fix the problem with only cuts in spending, although they weren’t asked to identify which cuts they supported, but most of the country favors a mix of spending cuts and tax hikes.  Perhaps because they’re smart enough to realize that the problem is too big to fix with just one or the other.

Now Moody’s is putting American government bonds on review for a possible downgrade, and even the Chinese—the Communist Chinese!—are urging the U.S. government to be responsible and think about protecting investors all over the world.

So I was thinking about all of that, and I remembered the words to a Terri Sharp song I heard performed by Don McLean:

When the gates are all down and the signals are flashing,

The whistle is screaming in vain,

And you stay on the tracks, ignoring the facts,

Well you can’t blame the wreck on the train

T-minus three weeks and counting…

Pat Ryan Leave a comment

There’s just the faintest whiff of default in the air in Washington, D.C., so the frequency of budget meetings is on the rise.  Late last week President Obama and Speaker Boehner sounded confident they could make a deal  that would reduceBoehner government spending by $4 trillion over ten years, but Boehner has backed off from what The New York Times characterizes as “a transformative proposal, with the potential to improve the ugly deficit picture by shrinking the size of government, overhauling the tax code and instituting consensus changes to shore up Medicare and even Social Security. It was a once-in-a-decade opening.” 

Why?  According to the Times’ analysis Boehner faced the realities of preserving his own power as speaker versus trying to get his own party to accept compromise on taxes; he also may be passing on a rare chance to get Democrats to compromise on major entitlements.

Kathleen Parker is another conservative voice making the case that Congressional Republicans may be pushing their advantage too far, turning their noses up at serious concessions from Democrats while making no progress on solving the immediate issue of the debt limit:

Few honest brokers think that we can prevent a financial catastrophe without both cuts and revenue increases, but there are surely ways to get there from here without necessarily punishing the poor or the wealthy.

(snip)

Meanwhile, not raising the debt ceiling is fraught with peril. Even prolonging raising the ceiling is potentially hazardous before a default happens, as investors take preventive actions that could distort the money markets.

Republicans have made enormous advances toward government reforms that were viewed as unachievable a year ago. Voting no may have become the aphrodisiac of small-government conservatives, but it is not necessarily an act of bravery or wisdom.

Sometimes it’s just stubborn.

If Parker’s suggestion of possible pig-headedness by Republicans is too harsh, Obamaconsider the perspective offered today by David Gergen: with Obama’s indication today that he won’t accept any short-term agreement, all of the players have now painted themselves into their separate corners, and we all will pay the price if they don’t find their ways out:

Republican and Democratic leaders on Capitol Hill, fortunately, agree that it is essential to avoid a default on the debt. They are right. But to get there, each side is going to have to give a little.  It is impossible to imagine either side doing what it would take to reach a $4 trillion deal; the GOP won’t ever agree to tax increases of as much as $800 billion to $1 trillion, nor will Democrats agree to major entitlement cuts. They especially won’t do it in the rush of last-minute negotiations over the next few days.

But in the name of fiscal sanity, they may be willing to agree to a much more modest set of compromises—something that prevents default, allows dust to settle, gives them a chance to build up support back home and keeps negotiating over a longer period of time.

Props to the GOP for getting Democrats to agree to so much of what Republicans want; please don’t get carried away and push for “too much” and not get the debt ceiling resolution that’s needed right away.

Tick…tick…tick…

Grand Old Party, or Grumpy Old Protesters

Pat Ryan 4 Comments

President Obama hosts another Big Budget Meeting tomorrow at the White House with a deadline looming for raising the nation’s debt ceiling to keep the country from defaulting on its loan payments, and both political parties are acting as if they’re serious now.  (Now?  Yeah, now…finally, now.)  Republicans, who’ve been spurred in part if not entirely by tea party pressure, have been very tough in the negotiations, demanding that Democrats agree to trillions of dollars in spending cuts and no tax increases in return for the votes to increase the debt ceiling.  Sounds like the Republicans have won this round, doesn’t it?

Columnist David Brooks makes a very good case that the GOP has wrought amazing concessions from Democrats on the economy, spending cuts and debt reduction, and that if it takes what’s been offered it will be good for the country, set a new starting point for future negotiations on more cuts, and be a significant political victory for Republicans to campaign on in 2012.  But he also warns that if they don’t agree soon, people will have good reason to wonder if the GOP has ceased to be a political party capable of governing and turned finally into a mere protest movement that has a “no tax hike” fetish—even when the effective tax rate in this country is now the lowest it’s been since 1950!  The long-time conservative idea man is worried that no-tax-hike-ers threaten the future of his party:

The members of this movement do not accept the logic of compromise, no matter how sweet the terms…The members of this movement do not accept the legitimacy of scholars and intellectual authorities…The members of this movement have no sense of moral decency…The members of this movement have no economic theory worthy of the name.

(snip)

If the debt ceiling talks fail, independents voters will see that Democrats were willing to compromise but Republicans were not. If responsible Republicans don’t take control, independents will conclude that Republican fanaticism caused this default. They will conclude that Republicans are not fit to govern.

And they will be right.

That makes sense to me, and I hope it makes sense to everyone, even the very fanatics that Brooks warns about.  The New Republic’s Jonathan Chait praises Brooks’ column for its emperor-has-no-clothes statement about GOP radicalism, and assigning all of the blame to “Republicans” who would stand in the way of shrinking government, who would cripple the economy and emasculate the recovery, just to make a point.  Something for all of us to keep in mind, as the clock tick-tick-ticks down to possible, and completely avoidable, national default.

Even Fred Flintstone was down with having a gay old time

Pat Ryan 9 Comments

Quick follow-up on the New York gay marriage vote, while waiting for a rational explanation from those in the “states’ rights” crowd who support an amendment to the U.S. Constitution that would prevent states from exerting their rights on this issue:

–hooray for the mayor of New York’s unequivocal support for gay marriage: it’s the right thing to do, opposing it is the same as opposing women’s rights or civil rights or the abolition of slavery, the law won’t require religions to perform or sanction a same sex marriage…and although people are free to belong to any religious group American society as a whole places its faith in the Constitution, not some set of religious laws.

–the Obama Administration isn’t defending the Defense of Marriage Act, and when House Republicans threaten to fight an 81-year-old woman over it even the lawyers bail out.

–the gay marriage issue helped a president win re-election in 2004; now some political pros think the Democrats can use gay marriage to hammer Republicans in 2012 because it could pull traditional Republicans away from the right-wing Christian evangelicals taking over the GOP.

–and looking into the future far beyond 2012, how many of us have even thought about how all this kerfuffle over gay rights will be viewed by our descendants?

I really don’t want to have to hear all this right now

Pat Ryan Leave a comment

I mean, this is June…June 2011, right?  Almost 17 months before the 2012 election?  I find that I grow fatigued already with the attention being paid to the early stages of the Republican Party’s presidential contest (I would be fatigued with the attention to the Democratic Party’s contest right now, too, if there was one).  There’s too much time before the election, and too much opportunity for things to happen—to change—for me to believe I’ve got to lock in to a candidate right now.  Yet the drone of activity continues.

It now seems clear that Rick Perry’s made up his mind to run for president.  Fine.  (I’ve been fighting off an imagined letter explaining his strategy, but I don’t know if I can fight it forever.)  One reason the Perry prospectus is positive is that the Newt Gingrich political brain trust that quit on him earlier this month was a bunch of Perry people, so they’re now available, if asked, to work on the makeover of yet another Texas governor into a national leader.  (Wasn’t the last one we sent you enough for a while?)  Gingrich says that was just a difference of opinion about how to run a campaign…wonder what his reasoning is today to explain his major fundraisers also calling it quits?

There’s been some consideration lately that perhaps Michele Bachmann is not so out of the mainstream after all; this is disturbing, too, and appears to be true to the extent that the mainstream is no longer where it once was.

But there was some not-disheartening news today in the stories on Jon Huntsman’s announcement of his candidacy for president.  He was able to make the point that he believes himself to be the best person for the job without resorting to irrational and hysterical (and untrue) accusations about President Obama.  No ominous warnings about socialism, or death panels, or usurpers and traitors, or even accusations that he doesn’t love his own dog.

“He and I have a difference of opinion on how to help a country we both love,” Mr. Huntsman said of Mr. Obama. “But the question each of us wants the voters to answer is who will be the better president, not who’s the better American.”

I don’t really want to be undergoing a presidential election right now, in the same way that I really don’t want to be undergoing a colonoscopy right now.  If I must, though, I could get used to one that sounded like that; on the other hand, I’m far too used to the sound of Americans’ religious bigotry showing its resilience, as it did again today.