Mark Sumner

The Politics of Disaster Capitalism, Extreme Edition

  • Posted on: 10 July 2011
  • By: GreyHawk

In Sunday's Abbreviated Pundit Round-up, Daily Kos editor and front-page contributor Mark Sumner notes via an excerpt from Byron Williams that the problem with our deficit isn't what pundits and politicians are making it out to be - and nobody appears to be listening:

Byron Williams says President Obama isn't standing his ground.

According to the Congressional Budget Office, the bipartisan federal agency that provides economic data to Congress, more than half the current deficit is attributed to the tax cuts during the presidency of George W. Bush and the two wars that were financed on borrowed dollars during the same time period.

It's not health care legislation, it's not TARP, nor is it the stimulus package -- the troika with which most seem obsessed -- it's the tax cuts and wars that many who sit at the table negotiating with the president supported, but have irresponsibly drawn a line in the sand in opposition to any revenue increases.

Republicans sank the economy and ran up the debt, now they're looking to capitalize from their own destruction. Don't let them.

If you're familiar with the title and premise of Naomi Klein's The Shock Doctrine, then you're familiar with how extreme - and dangerous - the current antics of conservatives and the Republican Party in general are to the well-being of our nation.

Contact your local news media (unless, of course, you're stuck with Fox) and demand that they start pointing out the realities behind the current fiscal issues. Recommend that they read Byron's column. Demand that they stop catering to the dialog that the politicians are refusing to correct. We need EVERYONE who can to work with us to force the media and the politicians (the ones who are still listening) to start driving the debate on getting actual issues addressed, instead of permitting the ongoing smoke-and-mirrors that characterizes what has become the typical game of "kabuki theater in a Potemkin village" that our Congress has engaged in.

Our nation, and our people, can't take much more of this idiocy.

 

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