Tue Dec 18, 2012, 11:56 PM
octoberlib (5,359 posts)
CPI Chaining Is Unpopular
In addition to the substantive objections that members of Congress may have to any kind of fiscal deal, you should never forget about the politics part of politics. Cutting Social Security benefits slightly is wildly popular with Pete Peterson, Pete Peterson's son, the Peter G. Peterson Foundation, and a broad array of groups funded in whole or in part by the Peter G. Peterson Foundation. But as today's Washington Post poll shows, it's broadly unpopular with the American people since as a pure cash transfer it's essentially a waste-free program and since retirement programs—unlike targeted programs from the poor—gain public support from white ethnocentrism rather than losing support.
Obviously any deal would be a bipartisan deal, but "bipartisan cover" isn't everything it used to be. Republicans and Democrats alike—including all the leaders of both parties—backed TARP in 2008, and pro-TARP Republicans and Democrats were both hit by their general election opponents in 2008 and 2010 for their trouble. A Republican who votes to cut Social Security benefits will be hit for cutting them in order to cut taxes on the rich, and a Democrat who votes to cut Social Security benefits will be hit for cutting them in order to finance a spending binge on lazy welfare moms.
11 replies, 1175 views
CPI Chaining Is Unpopular (Original post)
|woo me with science||Dec 2012||#1|
|Luminous Animal||Dec 2012||#3|
Response to octoberlib (Original post)
Wed Dec 19, 2012, 12:01 AM
woo me with science (32,139 posts)
1. Representative government
We don't have it anymore.
Nothing coming out of Washington even vaguely resembles what the people have repeatedly said we want.
Nothing. On austerity, on war, on the police/surveillance state...we are ruled, not represented.
They don't give a damn what we think; we are profit spigots, and nothing more.
Have we had enough yet, America?
Response to woo me with science (Reply #1)
Wed Dec 19, 2012, 01:19 AM
kath (8,316 posts)
9. + a brazillion -
- I said something similar in an earlier thread.
It becomes more and more and more clear that representative government is GONE in this country.
We have corporate one-party rule, where two parts of the party play "good-cop, bad-cop" with each other.