Saturday, April 9, 2011

Everything You Need to Know About the Republican Budget Proposal

From whom else?
A small sample follow, but  this is a great summation of the situation, and you should read it in its entirety.

"... the G.O.P. plan turns out not to be serious at all. Instead, it’s simultaneously ridiculous and heartless...Republicans have once again gone all in for voodoo economics — the claim, refuted by experience, that tax cuts pay for themselves....the proposal calls for spending on items other than Social Security, Medicare and Medicaid — but including defense — to fall from 12 percent of G.D.P. last year to 6 percent of G.D.P. in 2022, and just 3.5 percent of G.D.P. in the long run.

That last number is less than we currently spend on defense alone"

Which, of course, they won't agree to cut in any way.  So as any sentient person could have predicted, the whole thing is a malicious lie, like all Republican economic proposals. There's only one small thing I disagree with Krugman about, and it's when he says this:

"So the pundits who praised this proposal when it was released were punked."

It's long past time when anyone could possibly believe that.  These "pundits" are not victims, they are collaborators, willingly spreading any lie which benefits the rich, in order to keep their jobs.  Maybe he can't attack his fellow journalists or he will lose his too, and God knows with Frank Rich and Bob Herbert gone, we need someone sane at the Times, so I'll cut him some slack; but it's about time the American people figure out that, when the entire mainstream press corps supports the wrong side of the argument hundreds of times in a row, something more than gullibility is going on.

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