Browsing All Posts filed under »2011 Budget Fight«

The Deficit Hawk Putsch

August 1, 2011

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We are witnessing a time in American politics and economics that might evoke the response of the dying Colonel Kurtz in Conrad’s “Heart of Darkness”: “the horror, the horror” at what apparently to Kurtz was a “a supreme moment of complete knowledge”. The catastrophe has revealed itself in slow motion but it should be clear […]

President Obama has Let the Barbarians In…Now We (or He) are Going to Have to Drive Them Out

July 1, 2011

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Before the advent of a world economic system in the last few centuries, agriculture-based civilizations like the Greek, Roman or Chinese empires often faced attacks from confederations of warrior tribes, like the Mongols, the Huns, Vikings etc.  These “barbarians,” who turned from hunter-gatherer or herder ways of life to plundering each other or neighboring agrarian […]

President Obama’s Persistent Strategic Error: Mistaking Inside-the-Beltway Reality for “Real” Reality

June 26, 2011

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Progressives and others who are concerned about the content of discussion in Washington are now divided on a critical issue:  to what degree should one hold responsible President Obama for errors or failures in the last two years, as well as the strengthening of Republicans after Democrats’ decisive electoral defeats of the GOP in 2006 […]

Supply-Side Economics and the Return of “Economic Royalism”

June 18, 2011

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The political label “economic royalist” has lived on in current memory via recordings and reading of the speeches of Franklin Delano Roosevelt from the 1930’s.  FDR, drawing on a populist tradition within the Democratic Party, used the label to portray the financial interests and Republicans who opposed the New Deal agenda during the 1930’s as […]

Deficit Hawks Stampede Lawmakers and the Public Using “Smart for One, Dumb for All” Morality

May 31, 2011

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As I have argued here in earlier posts, the debate about budget deficits is a monumental one, determining in its outcome the shape of society and the type of economy that will prevail in the US and other developed nations.  The debate is fundamentally about for whose benefit and in what way government will operate […]

The Choice: Social Solidarity (and Deficit Spending) or Social Fragmentation

May 15, 2011

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We, and in particular our government officials, are facing a stark choice in the weeks, months and years to come:  either continue investing in a shared American civilization or engage in a ill-thought-out campaign to withdraw our support from such a common society-wide enterprise with a likely catastrophic outcome.  Over the border to the North […]

Rep. Ryan and the Radical Republican Right are, like Termites, Eating Away at American Civilization

May 3, 2011

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I am not someone who ordinarily compares my fellow human being to insect pests.  However, in using this, for me, extreme metaphor, I want to counteract a trend in the media and among the Democrats, of dignifying the extreme Republican right-wing and their ideas with respectful attention and even praise.  I realize that there are […]