• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    Catscatscats on VEEP Stakes.
    Kathleen A Wynne on VEEP Stakes.
    tamens on VEEP Stakes.
    William on VEEP Stakes.
    riverdaughter on VEEP Stakes.
    Kathleen A Wynne on Throw it against the wall, see…
    Ivory Bill Woodpecke… on Throw it against the wall, see…
    riverdaughter on Throw it against the wall, see…
    William on Throw it against the wall, see…
    Ivory Bill Woodpecke… on Throw it against the wall, see…
    Ivory Bill Woodpecke… on Throw it against the wall, see…
    bellecat on Throw it against the wall, see…
    William on Throw it against the wall, see…
    jmac on This is the plan.
    bellecat on This is the plan.
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama Bernie Sanders big pharma Bill Clinton cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donald Trump Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean John Edwards John McCain Jon Corzine Karl Rove Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare OccupyWallStreet occupy wall street Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans research Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    July 2011
    S M T W T F S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    31  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

  • RSS Ian Welsh

    • Cold War 2.0 Incoming
      Right, with the ban on Huawei using chips made with American manufacturing equipment (one of America’s last few places of absolute advantage); the bans of TikTok, Tencent and WeChat; the attempt to convince other countries to not use Huawei 5G; the arrest of the Huawei founder’s daughter for doing business with Iran along with the […]
  • Top Posts

When you’re truly thankful for the smallest favors

Is Paul Krugman upset that the Republican leadership turned down Obama’s offer of Social Security and Medicare?  It certainly sounds like that:

Getting to Crazy

Put it this way: If a Republican president had managed to extract the kind of concessions on Medicare and Social Security that Mr. Obama is offering, it would have been considered a conservative triumph. But when those concessions come attached to minor increases in revenue, and more important, when they come from a Democratic president, the proposals become unacceptable plans to tax the life out of the U.S. economy.

Apparently, Krugman has fallen so deep into the game between Democrats/Obama and Republicans that he’s forgotten how dangerous this deal is to actual human beings.

As Lambert said (Taking the R out of “Shrill”: Krugman exhibits, endorses ratchet effect)

And thus, the D discourse has been successfully ratcheted right, since now Obama’s proposal for cuts to both programs have set the baseline — a strategic setback for working people, but and so a step that America’s favorite Nobelist applauds, because of its tactical elegance.

It’s Big Lies all the way down.

This entire Debt Limit Ceiling story is complete hooey.  It should be a standard line in any budget bill that of course we will pay all debts necessary to cover the expenses agreed upon in the bill.  And then there’s that pesky Fourteenth Amendment to the Constitution:

Section 4.The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

If the Second Amendment refers to All Guns then doesn’t the Fourteenth cover All Debts?

Silly me.  I’m obviously not a lawyer.

[Note: The small favor is that the Republicans have apparently turned down the offer.  For now]

11 Responses

  1. The boy president has allowed the GOP to frame the argument … so far to the Right that even Krugman is lost?? Oh. My. God.

    At least there are a few PUMAs left in the Dem party that are crying foul. Here’s one of them:

    http://www.huffingtonpost.com/2011/07/14/ted-strickland-debt_n_899320.html

    Ted knew what candidate he supported in the primaries knew: The sky was not going to open. The light was not about to come down. The birds were not going to sing…. And, guess what? THEY WERE RIGHT!

  2. it,s on TV again.making things perfectly clear…:lol: ;lol:

  3. Being a “me too” president, Obama believed that the Republicans would bite and be happy with a deal that cut SS benefits, but he has never understood the Republicans. The Republicans aren’t interested in a deal, but putting Obama under extraordinary stress to make their case that Obama is incompetent.

    That’s the theater that’s going on in Washington. Yawn.

    • Indeed. Trying to get Repugs to agree to anything is a sucker’s game. You don’t ask them, you tell them, as Bill finally learned to do . Just imo

  4. I just wish they were honest and say, ” America , You’re fired”.
    I hate this trying to get us to agree the best course is our throats being cut…I’m too old to do this prolonged Stockholm syndrome number they want from us BESIDES all the money too …is there no end to their greed? They want too rape AND get kisses?

    no can do

    • Funny, Some talented imp should photo shop the Donald’s “hair” on Oblowme’s face with that caption.

  5. Krugman he isn’t happy with the deal (he has attacked Obama on his willingness to give in to the GOP repeatedly) ; he is pointing out that no matter how much Obama gives them, the GOP still says no.

    And before we even ironically applaud the GOP for stepping on this deal, I’m afraid that the end result may just be Obama giving the Right even more.

    • I’m afraid that the end result may just be Obama giving the Right even more

      oh yeah , that’s exactly what the Repugs and our Repug President are doing with this back and forth BS… all set up during the golf summit awhile back I’m sure.

    • he is pointing out that no matter how much Obama gives them, the GOP still says no.

      It’s a theater that needs to play out to the end. It’s never been about making a deal, and Obama is too stupid to get it. It’s about winning a game that only the Republicans can win; it’s their game. Obama sold an image in 2008 that the Republicans are out to destroy. Once that’s done, the debt ceiling will pass the house.

    • Exactly — Prof. Krugman is just using these items as examples of how crazy the GOP has become. The only quibble that I have with Prof. Krugman is when he says President Obama is a moderate Republican. He is an extreme Republican. Even Prof. Krugman admits the President’s proposals are to the right of the average Republican voter.

      And yes, this is just to Obama can whine that he was forced, forced, to give more to the Republicans.

      djmm

Comments are closed.

%d bloggers like this: