Nel's New Day

November 27, 2012

Congress Ignores Job, Economy Issues

Since Election Day, many of the nation’s populace have focused on what will happen to the bipartisan fiscal agreement from August 2011 that kept the United States from defaulting on the national debt which would have crashed the entire country. The conditions of this agreement were supposed to be changed a year ago, but the bitter partisan fighting stopped this from happening. With no compromise before the end of 2012, taxes revert to the time of Bill Clinton (when, by the way, we had a great economy), a situation that the media likes to call the “fiscal cliff.”

During a meeting with the president ten days after Election Day,  House Speaker John Boehner (R-OH) informed President Obama that the fiscal cliff is “my leverage.” During this discussion Boehner threatened to not agree to the president’s proposal if the speaker’s demands weren’t meant.

Since the election, Republicans have admitted that they are willing to create new revenue, despite the anti-tax pledge that most of them signed with conservative activist Grover Norquist. In return, however, they want to hack at Social Security, Medicare, and Medicaid. Once again, conservatives are using their typical tactic of fear and ploy of extortion.

In fact, there might not be a real crisis. CBO has adjusted its forecast with the result that the debt/GDP ratio now stabilizes after a few years. Social Security etc. are not part of businesses required to make a profit; reasonable management of health care costs will keep Medicare and Medicaid expenditures within control. Military spending should decrease as the country leaves its warmongering.

President Obama’s proposal regarding taxes is to keep the Bush cuts for everyone who makes under $250,000. Republicans like to refer to the people above this amount—only two percent of the population—as job creators. They aren’t. To see that there is no relationship between private-sector employment and tax cuts, just look at this employment since 2001. The only reason that employment gained during George W. Bush’s first term was the 800,000 increase in public sector.

Because Republicans like to control by fear, they don’t tell people that everyone in the country keeps the Bush tax cuts on the first $250,000 that they make, even the top two percent.

Republicans are truly caught between the proverbial rock and a hard place, and both of these are in their own political party. If they try to look at all reasonable and break their pledge for no new taxes, the Tea Party backs a candidate that might defeat long-time incumbents. This was the case with Dick Lugar in Illinois during the last primary. The situation is even more dire with the Democratic wins in the most recent election. The big question right now: do Republicans agree with providing revenue to the country, the way that 70 percent of the population wants, or do they please Tea Party members with the Norquist approach of no tax increases–ever.

Last week Sen. Saxby Chambliss (R-GA), up for reelection in two years, broke with Norquist, by saying that addressing the nation’s looming “fiscal cliff” takes precedence over honoring the anti-tax pledge. “I care more about my country than I do about a 20-year-old pledge.”

Chambliss is also a supporter of the Bowles-Simpson plan to cut Social Security and Medicare benefits. In return for these drastic measures against the middle class, the plan raises some revenue by closing a few token tax loopholes and reducing the popular mortgage interest deduction. Like other Republicans, Chambliss could vote to close small loopholes in the tax code while raising the retirement age for Social Security, cap overall spending for Medicare, and dramatically lowering corporate tax rates.

Up for re-election in two years, Chambliss could attract moderates in a primary against a Tea Party candidate by supporting more revenue. It would also get him funding from lobbyists for his election campaign because they want to destroy the safety net and keep corporate taxes low.

On Sunday’s talk shows Sen. Lindsey Graham (R-SC) said he could reject the pledge if Democrats would reform entitlements (aka roll back Social Security, Medicare, and Medicaid), and Rep. Peter T. King (R-NY) said the pledge may be out of step in the present economy. Monday morning, Sen. Bob Corker (R-TN) told CBS’s Charlie Rose that he, too, was “not obligated on the pledge.”

While millions of words are being devoted these days to the fiscal cliff or hill or curb, McCain and others are leading the media into an obsessive reporting about Susan Rice’s lack of information about the Benghazi disaster. Rational people know that Rice reported what she was told on the Sunday after four men were killed at the embassy. Since then the Republicans, led by Sen. John McCain (R-AZ) and his sycophant Sen. Kelly Ayotte (R-NH), have pilloried Rice. Graham said she shouldn’t have said anything, knowing that this would have made the situation worse.

Sunday said that he wouldn’t not have necessarily block Rice for the position of Secretary of State and asked for a meeting with her. After today’s meeting with the three loudest critics—McCain, Ayotte, and Graham—all of them said that “they were more disturbed than before the meeting.”

What is the reason behind the opposition? Senators indicate that they prefer John Kerry to Rice as Secretary of State. The choice may have two primary reasons. First, Kerry is a white man, much preferred by Congressional Republicans. To see the Republicans’ lack of diversity, check out the new committee leaders in the House–19 white men.

Second, if Kerry were to be appointed to this position, Massachusetts would need a new senator. After his loss to Elizabeth Warren, the current Massachusetts senator, Scott Brown, is in a prime position to win the election, adding one more Republican to the 45 already in the U.S. Senate for the next two years.

Meanwhile Congress ignores the need to improve jobs and economy while Republicans continue to oppose any benefits for the 99 percent of the country’s population.

1 Comment »

  1. My Christmas wish? That Obama will ignore the extortion attempts until the Bush tax cut lapses. And when the Republicans started on the entitlements that they say should be cut, remind them of all the entitlements their wealthy donors get. Tax breaks for the rich corporations, bail out money and grants to large industries. What is it with these men that they hate Obama so much they want to drag the United States down into the third world swamp where their countrymen would be fighting for jobs that pay $5 an hour?

    These men are traitors. Please, President Obama, don’t cave in. Stop trying to reason with them. They showed you over the last 4 years that they will not compromise. This financial cliff is a Republican invention. Ignore them.

    Like

    Comment by Pat Brown — November 27, 2012 @ 8:58 PM | Reply


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