Showing posts with label fiscal responsibility. Show all posts
Showing posts with label fiscal responsibility. Show all posts

Wednesday, August 04, 2010

Ronald Reagan must be rolling in his grave

Former U.S. Representative David Stockman (R-MI), who served as Ronald Reagan's first director of the Office of Management and Budget, used the forum of the Sunday New York Times to unmask and rebuke Republican members of Congress and their elite messaging strategists who cling to claims to be fiscal conservatives.

"Mr. McConnell’s stand puts the lie to the Republican pretense that its new monetarist and supply-side doctrines are rooted in its traditional financial philosophy."
David Stockman
31 July 2010
Describing current and recent GOP tax rhetoric "a mockery of traditional party ideals," Stockman says these policy doctrines have led to four "great deformations" of the U.S. economy over the past four decades, starting when the Nixon administration ignored the 1944 Bretton Woods agreement to balance our accounts with the world while "Republicans have turned a blind eye to each one."

"By fiscal year 2009, the tax-cutters had reduced federal revenues to 15 percent of gross domestic product, lower than they had been since the 1940s. Then, after rarely vetoing a budget bill and engaging in two unfinanced foreign military adventures, George W. Bush surrendered on domestic spending cuts, too — signing into law $420 billion in non-defense appropriations, a 65 percent gain from the $260 billion he had inherited eight years earlier."
David Stockman
31 July 2010
Doubtless this is why so many who lately vote against Republican policies and politicians describe themselves as socially liberal yet fiscally conservative. The GOP has been abusing the trust of their base, successfully waging a PR war on the truth: relying on either the inattention, and/or gullibility of voters who have fallen for their appealing "brand ideology" without realizing this rhetoric is entirely at odds with actual GOP goals and actions for the past 4 decades.

That's the real threat to the Republican Party, which is now gleeful for media coverage of Tea Party events so far to the political right they may fool swing voters into thinking the GOP looks as though they occupy the middle-ground. Stockman's Op-Ed article is a must read for all who take politics seriously enough to vote.



Thomas Hayes
is an entrepreneur, Democratic Campaign Manager, journalist, and photographer who contributes regularly to a host of web sites on topics ranging from economics and politics to culture and community.



Friday, September 25, 2009

Baucus' Finance Committee delays "public option" vote

The Senate Finance Committee, chaired by Max Baucus of Montana, has delayed the vote on the "public option" until next week. Possibly in part because the Congressional Budget Office has notified Congress that tethering a public option to Medicare reimbursement rates would save the government $110 billion as reported earlier here. That more savings than even the original "public option" proposals by leveraging a system that's already in place.

Or maybe it was partly a reaction to the reprehensible, fear-mongering mailer from Humana to senior citizens on Medicare. Whatever the causes, as the bills stand now, people can not opt out but are stuck with what their employer offers, an obvious nod to big insurance companies which threatens portability while protecting their profits. There are lots of ways to improve the bill, and fiscally responsible ways to reform health care and health care payment systems in the USA.

You now have more time to get those emails sent and be heard.
Senate Finance Committee
Democrats
Republicans
MAX BAUCUS, MT
JOHN D. ROCKEFELLER IV, WV
KENT CONRAD, ND
JEFF BINGAMAN, NM
JOHN F. KERRY, MA
BLANCHE L. LINCOLN, AR
RON WYDEN, OR
CHARLES E. SCHUMER, NY
DEBBIE STABENOW, MI
MARIA CANTWELL, WA
BILL NELSON, FL
ROBERT MENENDEZ, NJ
THOMAS CARPER, DE
CHUCK GRASSLEY, IA
ORRIN G. HATCH, UT
OLYMPIA J. SNOWE, ME
JON KYL, AZ
JIM BUNNING, KY
MIKE CRAPO, ID
PAT ROBERTS, KS
JOHN ENSIGN, NV
MIKE ENZI, WY
JOHN CORNYN, TX
It's clear there's no "perfect" system, and there's big money riding on keeping things "as is," but despite the money-hungry spin from fast-talking pundits playing free and loose with the facts, despite the 6-to-1 ratio of health care lobbyists to members of congress, and despite the rampant misinformation campaigns, one thing has become obvious to even the most casual observers:

There is lots of room for improvement in the current scheme.

We've got to concentrate on finding a fairer way to distribute the costs while controlling the expenses. The good news is: the benefit of any and every improvement will flow to you, and me, and our community - no matter if you think of community as the neighborhood, the city, the country, or the planet. And now you have just a little more time to make that point with the members of the committee.

Do it now...

...then Digg this post!