The Young Turks' Cenk Uygur filled in for Dylan Ratigan the last couple of days on MSNBC. He interviewed the Ryan Grim and I could not agree more with
The Young Turks' Cenk Uygur filled in for Dylan Ratigan the last couple of days on MSNBC. He interviewed the Ryan Grim and I could not agree more with both of them on why the Obama administration is being foolish highlighting concerns about the deficit when what the American voters really care about is job creation. As Grim noted in his article, it's not just bad politics but bad policy as well. Here's more from Grim's column at the HuffPo on the topic.
Today, a new band of Mayberry Machiavellis has gained control, counseling President Obama to ignore the advice of his economic team and press forward with deficit reduction ahead of job creation.
Senior White House adviser David Axelrod told the New York Timesrecently that "it's my job to report what the public mood is." The public mood, said Axelrod, is anti-spending and anti-deficit and so the smart politics is to alleviate those concerns. "I've made the point that as a matter of policy and a matter of politics that we need to focus on this, and the president certainly agrees with that," said Axelrod of the deficit hawkery that the administration has engaged in over the last several months.
It's an odd political strategy because Axelrod knows that if it succeeds, it will be both bad policy and bad politics. He said as much when asked about the pressure from economic advisers to focus on stimulus and job creation. "I'm very much allied with the economic group, because even as a political matter it would be very shortsighted to take steps that would send us backward," he said.
But the Mayberries have already taken those steps: by using the bully pulpit to highlight deficit fears, by proposing an across-the-board spending freeze, by creating a commission to reduce the deficit and stacking it with hawks, by making it clear to progressive allies that the White House political team believes a deficit-reduction focus is important for the midterm elections. The one recent effort by the President to pressure Congress to move forward with jobs-related spending came in a letter sent on a Saturday evening that was met with derision on the Hill for its ham-handedness. Read on...