David Sirota points out how our Democratic Corporatism is bringing back Reagan’s still-alive corpse. I discussed limousine liberals with John Nichols of the Nation the other day and you know, there’s a real way to have a free market and then there’s a way to let government prop up a few in a dangerous kind of free market.
The video on HuffPo is worth a look:
I’ll let you read the column to see how I believe the Massachusetts Senate race really proves that 21st Century Democratic corporatism is now fueling the revival of Reagan’s most pernicious anti-tax and anti-government messages. But make no mistake about it: That revival is not due to Republican brilliance but to Democrats conflating government with the most hated corporations in the land. Indeed, if President Bush made government synonymous with Halliburton, Democrats have made government synonymous with Goldman Sachs.
Sirota also points out in another column that our states have to cut “life” as budgets are slashed (The Case for Choosing Life):
The phrase “choose life” may be conservatives’ abortion shibboleth, but, as my new newspaper column today shows, it better sums up the economic decision communities all over America must now face when it comes to taxes, spending and budget deficits.
For the last week or so, I’ve been reporting on the state of the tax debate in places like Oregon, Colorado Springs and Pennsylvania (among others). Voters there – and soon, everywhere – are being asked to choose between tax hikes on the ultra-wealthy and massive spending cuts for basic social services. That is, they are being asked to choose between economic life and economic death.
It’s the same choice Congress will be forced to make quite soon, thanks to President Obama’s solid proposal to end George W. Bush’s high-income tax cuts – but also thanks to his awful proposals to potentially ram Social Security/Medicare cuts through a commission and freeze non-defense domestic spending.
Takeaways from the State of the Union:
Double child-care tax credit, only 10% of income can go to paying off student loans, health insurance reform, energy bill, tax the big banks if they can pay out bonuses, jobs in the US through small businesses, elminating capital gains tax, increase manufacturing in 5 years to beat China, tax cuts for small businesses, federal government will tighten its belt to reduce deficit. No more tax cuts for oil companies, investment fund managers, individuals making over 250,000/year, Bi-partisan fiscal commission. Please feel free to add more in the comments.
Earmark request website. Transpartisanship. “Everyday can not be election day”. Come on Republicans, what can we do?
Nuclear power plant, off-shore drilling.
Troops can come home sometime in 2011, win the war in Afghanistan. We’ll leave Iraq to its people by the end of this August. Reduce stockpiles, reach arms-control treaty.
Good government policy can spur the private sector — no regulation, taxation, litigation.