Many in G.O.P. Offer Theory: Default Wouldn’t Be That Bad byJONATHAN WEISMAN, New York Times, October 8, 2013
Trickle-Down Cruelty and the Politics of Austerity by Henry A. Giroux, Truthout | Op-Ed , July 11, 2011 …Any society that allows the market to constitute the axis and framing mechanisms for all social interactions has not just lost its sense of morality and responsibility; it is given up its claim on any vestige of a democratic future. Market fundamentalism along with its structure of extreme inequality and machinery of cruelty has proven to be a death sentence on democracy. The time has come…to rethink what a real democracy might look like and to consider what it will take to actually organize collectively to make it happen.
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It’s Barack Obama? By Rick Ungar, Contributor, Op/Ed, Forbes.com, May 24, 2012…Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower…So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative?…
Four Deformations of the Apocalypse by David Stockman, director of the Office of Management and Budget under President Ronald Reagan, New York Times, August 31, 2010 .…Republicans used to believe that prosperity depended upon the regular balancing of accounts — in government, in international trade, on the ledgers of central banks and in the financial affairs of private households and businesses, too. But the new catechism, as practiced by Republican policymakers for decades now, has amounted to little more than money printing and deficit finance — vulgar Keynesianism robed in the ideological vestments of the prosperous classes. This approach has not simply made a mockery of traditional party ideals. It has also led to the serial financial bubbles and Wall Street depredations that have crippled our economy…debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party’s embrace, about three decades ago, of the insidious doctrine that deficits don’t matter if they result from tax cuts……it’s a pity that the modern Republican Party offers the American people an irrelevant platform of recycled Keynesianism when the old approach — balanced budgets, sound money and financial discipline — is needed more than ever.
80-year study: Democrats better at economics by Paul Bedard, The Washington Examiner, August 17, 2012 – When it comes to which party is better for the economy, Republicans talk the talk, but it’s Democrats who deliver the goods according to an unusual 80-year study of the impact presidents have on growth, personal wealth, the stock market and even 401ks…according to Bulls, Bears and the Ballot Box [by] financial planner Bob Deitrick… CPA and educator Lew Goldfarb. Goldfarb blamed the conventional wisdom that Republican presidents are better economic managers on the inability of Democrats to tell their story. “Democrats stand on their message so poorly,” he said. “Republicans, on the other hand, win the salesmanship merit badge every single year.”..
The Big Picture: A 40-Year Scan of the Right-Wing Corporate Takeover of America By Don Hazen and Colin Greer, AlterNet, October 3, 2011…They want to control and privatize government resources. Capitalism is exhausted here. It needs more public money. It’s always needed public money, it needs more now. When you look at the growth of capitalism in America from railroads all the way to the computer, it’s publicly funded…So the reinvention of capitalism is the issue, and the reinvention of government is what is happening. So capitalism is directly claiming public investment now…Charter schools are a very good case study for the [privatization] impulse.… forget whether or not they work, because they don’t. But even if they did they are not cheaper. Charter schools are simply the transfer of public money to profit-making activity. That’s the system they are steadily building — prisons, schools, public parks, there’s a conversion of the whole system into an investment of capital which is a major extension of what’s always been true. …
65 Years of Tax Cuts for the Wealthy Created Record ‘Inequality’ Not ‘Prosperity,’ says Report — September 17, 2012 by Common Dreams — Common Dreams staff — A new study by the non-partisan Congressional Research Service, which reviewed nearly 65 years of US tax policy and its impact on the overall economy, has found that though cutting the effective tax rate for the nation’s wealthiest is a great way to increase undesireable economic inequality, it does not—as Republican rhetoric so frequently claims—do anything to boost employment or fuel economic growth.……a one percent of GDP tax cut for the bottom 90% GDP growth, business investment, and a host of other economic indicators were all stronger during the 1990s, after taxes were raised on the rich, than during the supply-side eras of Presidents George W. Bush and Reagan
Lest We Forget: Why We Had A Financial Crisis by Steve Denning, Leadership| Forbes, November 22, 2011
Ten Years Of The Bush Tax Cuts By Pat Garofalo, The Progress Report, June 6, 2011
Behind Battle Over Debt, a War Over Government by Jackie Calmes, OpEd — New York Times, July 14, 2011
Understanding Bushonomics: How We Got Into This Mess In the First Place by Faiz Shakir, Amanda Terkel, Satyam Khanna, Matt Corley, Benjamin Armbruster, Ali Frick, Ryan Powers, and Igor Volsky„ The Progress Report for the Center for American Progress, August 7, 2008
Deficit Predators: Everything You Need to Know About the Twisted, Dangerous Debt Ceiling Fight By James K. Galbraith, New Deal 2.0, July 11, 2011