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Pence agrees that tax cuts don't have to be paid for

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I think it's a clear indication that the Republican reflexive obstructionism has reached absurd levels when even Chris Wallace calls you on your crap. All that pearl clutching over the deficit--something that mattered not a whit during the Bush years--now requires that Obama offset the costs of extending unemployment insurance but not for the Republican answer for all societal evils, tax cuts for the wealthy. Wrap your mind around that cognitive dissonance.

WALLACE: Congressman Pence, why is it that extending unemployment benefits has to be paid for according to Republicans but extending the Bush tax cuts for the wealthy which would cost $678 billion, that doesn’t have to be paid for?

PENCE: Well, let me…look, Republicans, me included, have supported numerous extensions of unemployment benefits. We’re anxious to do so again. But look….the deficit this year is a trillion dollars for the second year in a row and more. The American people have had it with runaway federal spending, deficits and debt and they want to begin to see the men and women in Washington DC begin to make the hard choices and prioritize spending. The other part of it too…

[crosstalk]

WALLACE: But you’re not answering the question. I can understand the argument: pay for the unemployment benefits. Why then not pay for the Bush tax cuts for the wealthy?

Pence weasels out of it again. Because clearly, there are no justifications for this except craven political ones. He then argues that the tax cuts expand the economy, despite the fact that the expressed concern up to this point has been reducing the deficit.

At this point, I think it's important to add a little GOP-dreaded facts into the discussion. As a method of stimulating the economy, something we all agree must be done, tax cuts don't help nearly as much as extending unemployment insurance:

Lowering taxes puts money in consumers' pockets quickly, but economists worry that with uncertainty running high, many households will choose to save rather than spend the money. While most economists would like to see the U.S. saving rate rise from its current low level of 1.2 percent, a sudden jump in savings would deepen the recession.

Many economists are pushing for targeted benefits such as food stamps or extending unemployment benefits. Mark Zandi, chief economist at Moody's Economy.com, estimates that every dollar dedicated to increasing food stamps puts $1.73 into the economy. Increasing jobless insurance benefits typically gets a return of $1.64 per dollar. (here)

Obama also is expected to support tax cuts for businesses, which would raise corporate profits and may help the stock market. Unless the economy recovers quickly those tax reductions would probably do little to encourage companies to step up hiring and investment, Deutsche Bank economist Peter Hooper said.[..]

In congressional testimony last year, Zandi said tax cuts delivered the least bang for the buck, with a dollar's worth of temporary nonrefundable rebates worth $1.02 with a one-year lag. Permanent tax cuts yielded less than 50 cents of additional spending.

So by his own admission, Pence wants to do the least effective method of expanding the economy and add hundreds of billions to trillions to the deficit all the while gnashing and wailing about those irresponsible Democrats growing the deficit. Wow. Nice game if you can get it.

Transcripts below the fold

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Actually, Afghanistan is a war of choice

Michael Steele's comments on Afghanistan remind me of my favorite definition of a gaffe: "saying the truth in the worst way possible."

To wit, Steele said that Afghanistan is a war of Obama's choosing, and that everyone who's occupied Afghanistan has come to grief over it. Now one can quibble a bit over the details of who came to grief and who didn't, but basically he's right. Afghanistan went badly for the Russians and the British, most recently. There's a reason Afghanistan is called the "graveyard of Empires" and if the US isn't careful it'll be the graveyard of the US empire.

Likewise, yes, this is a war of choice for Obama. He could have done his review, said, "Hey, there are almost no al-Q'aeda fighters in Afghanistan anymore, so we won, let's go home." He could have said, "Fighting in Afghanistan is seriously destabilizing Pakistan, which is far more important than Afghanistan, so let's go home." He could have said, "Yes, if we leave, some al-Q'aeda camps might spring up but we can always bomb them and anyway there are plenty of failed states where al-Q'aeda can set up camps and we can't occupy all of them."

The point is that continuing in Afghanistan was a choice. Obama could have chosen otherwise. Not being in Afghanistan will not create an existential threat to the US.

So yeah, Steele was right. Of course, being the RNC chairman, Steele isn't allowed to say things that make sense and contradict Republican warmongering.

Now here's a truth that Steele didn't tell. Obama has to stay in Afghanistan because war spending is one of the only reliable forms of stimulus he has. The economy is in bad shape, and it needs that stimulus. Since he can't get a new large stimulus through Congress that means he MUST keep the Afghan war going if he doesn't want an economic disaster, which would then lead to an electoral disaster.

This is the sad truth of America: the only acceptable form of Keynesian spending is military Keynesianism. Instead of hiring tens of thousands of teachers, building a high speed rail network across the country, refitting every building to be energy efficient and doing a massive solar and wind build-out to reduce dependence on oil, well, the US would rather turn Afghans and Pakistanis into a fine red mist.

That fine red mist is what's keeping the American economy from going under entirely. And so, even if it's the wrong thing to do, even if it's the graveyard of America's Empire, the war will continue.



Preventing Political Malpractice

Health care costs are exploding. A robust public option would create competition that would lower costs, and increase access to life-saving medicine.

But wait! I have an idea! Let's eliminate the public option, and for good measure, take away the rights of the victims of medical malpractice by passing "tort reform." Even though, it um, doesn't work. You know, if by work, you mean lower health-care costs and do anything to help regular people afford health insurance.

But if you've been trained by "Permanent Majority" Rove, and your real purpose is to 1) Keep your corporate slop-providers happy 2) Punish a group that often gives donations to Democrats (lawyers) and 3) Pretend you actually care a whit about people who don't get Yacht Shoe Weekly, then bingo! You have your made up issue.

Thankfully, the American Association for Justice has begun a campaign to tell the truth about this issue, about the 98,000 people who lose their lives each year due to preventable medical error:

The American Association for Justice announced today it is launching what it called the first phase of a nationwide ad campaign "to educate lawmakers about the epidemic of preventable medical errors and how tort law changes won't lower costs or cover the uninsured."

The ads, running in Washington publications and on online news sites, say the estimated 98,000 deaths from preventable medical errors is "like two 737s crashing every day for a whole year."

But the ad concludes:"Would we blame the passengers or the airlines?"

Well, we know who Republicans and Blue Dogs would blame. The passengers. The pilots. The unions. Gay Marriage. Stem-cell research. But never the big corporations who make the planes.

Thankfully, we know better.

Disclosure: I'm damn spankin' proud to be working with the American Association for Justice to protect patients' rights.



The Politico is at it again. It now proclaims that the Democrats are in trouble and the Republicans are on the offensive like it's 2004.

Bolstered by historical trends that work in the GOP’s favor -- midterm elections are typically hostile to the party in power -- and the prospect of the first election in a decade without former President George W. Bush either on the ballot or in office, Republicans find themselves on the offensive for the first time since 2004.

They actually said that. They haven't been attacking like maniacs since then? I guess calling Dems traitors and terrorist sympathizers is a compliment. As Glenn Greenwald takes their analysis apart, guess who their sources are that they use as proof that it's 2004 again.

Who are the sources for Politico's exciting announcement of a GOP resurgence? A grand total of three: "GOP pollster Whit Ayres," "GOP pollster John McLaughlin," and "Republican pollster Neil Newhouse," all of whom assure us that the signs point to imminent Republican triumph and Democratic doom.

Just read Glenn's piece because he thoroughly debunks them.

Kos also notes a big traffic plunge for them:

But hey, Drudge will likely give the Politico a link. And given their traffic trends, you can bet that's a major motivator. Yup, Politico has lost over 1M unique monthly readers since its peak in February. There's nothing like Drudge bait to help turn that around.



Right Wing Thuggery

Andrew Sullivan is actually too kind when he says:

When Andrew Breitbart offers $100,000 for a private email list-serv archive, essentially all bets are off. Every blogger or writer who has ever offered an opinion is now on warning: your opponents will not just argue against you, they will do all they can to ransack your private life, cull your email in-tray, and use whatever material they have to unleash the moronic hounds of today's right-wing base.

Yes, the Economist was right. This is not about transparency, or hypocrisy. It's about power. And when you are Andrew Breitbart, power is all that matters. There is not a whit of thoughtfulness about this, not an iota of pretense that it might actually advance the conversation about how to deal with, say, a world still perilously close to a second Great Depression, a government that is bankrupt, two wars that have been or are being lost, an energy crisis that is also threatening our planet's ecosystem, and a media increasingly incapable of holding the powerful accountable.

Meanwhile, the GOP leaders, having done all they can to destroy a presidency by obstructing everything and anything he might do or have done to address the crippling problems bequeathed him by his predecessor, are now also waging a scorched earth battle to prevent the working poor from having any real access to affordable health insurance. This is what the right now is: no solutions, just anger, paranoia, insecurity and partisan hatred.

When they don't hold the Presidency, this vitriolic streak of hatred within the veins of conservatism can't control itself and so it's unleashed on us all very openly. Andrew Breitbart is a hatchetman in a long line of hatchetmen for the right wing. They have existed before the 'I Jerk,' and they will exist long after he's gone. I know every time one of them appears and acts so despicable it seems like it's the first time anybody could be such a subhuman. Usually guys like Breitbart attack minorities and the poor, but he has some cash in his pocket now and technology is much different than it used to be so he's hoping to destroy lives of journos.

The conservative movement has always been about this type of politics. It's nothing new. People need to pick up books and read about a thing called history. It's not very pretty (movement conservatism) and politics has had an ugly side to it for centuries. While I was doing research for Over The Cliff, I came across information that truly disgusted me. I've been promoting our new book because I believe we capture the latest chapter of right-wing thuggery that has befallen America, the real victim of conservative hit men, but if you can pick up Rick Perlstein's great book about Barry Goldwater called Before The Storm you will not believe what you read. History just keeps repeating itself. Here's an example of the disgusting behavior of conservatives back in the days after Nixon went down in defeat to John Kennedy and Goldwater was becoming the rising right wing star. And I'll just say this: 'Remember the Dark Ages of Newburgh" via Chapter 7: Stories of Orange Country:

BeforetheStorm-1_d476f.jpg

BeforeTheStorm-2_ce6da.jpg

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beforeTheStorm-4_ce580.jpg

I hope you can read the graphics. It's just a small sample of what Perlstein uncovered in his wonderful book.