As John Boehner and 11 other Republicans exited the backroom of a hardware store in their shirtsleeves (oh, how hardworking they are!) to unveil their new "Pledge To America" on September 23rd, our great nation awaited this grand new plan with bated breath (ok, maybe not).
So what did the masses get for all their anticipation? Not much. The 21 page pamphlet (that's 1.75 pages per hardware store Republican if you're scoring at home) that the GOP unleashed on the populous sounds a whole lot like the crap that you've been hearing from them for the last 10 years. Tax cuts, spending freezes, and repealing "Obamacare" are the vague hallmarks of this latest conservative opus. I guess when it came to the "fresh new ideas" that Boehner had once promised us, they were, well, fresh out.
Let's start with the tax cuts. The Pledge would extend the George Bush tax cuts for the wealthiest 1% of our population at a cost of at least $700 billion over the next ten years. Their somewhat clever argument is that they will be extending the tax cuts for all Americans as opposed to the President who wants to continue the law for the middle class and down. The Republican argument is that one: you shouldn't raise taxes in a recession, and two: keeping taxes low for the wealthy will create jobs.
But would raising taxes on the rich really hurt the economy? Most economists will tell you different. Tax cuts for the rich are historically one of the least stimulative maneuvers you can make during a downturn. The wealthy are more likely to keep that extra cash in their pockets or bank accounts as opposed those of lower income levels. And as for the job creation myth, well, we've lost 8,467,000 private sector jobs since the George Bush tax cuts of 2001. If you believe that a sensible definition of insanity is to do the same thing over and over while expecting a different result, then this pledge should have come with a straight jacket.
Let's move on to the spending freezes/cuts. The Pledge promotes $4 trillion in spending cuts. All while retaining the tax cuts for the wealthy, funding a missile defense system, and freezing spending on all domestic programs except for the military, homeland security, aid for veterans, and social security as well as other entitlements that affect our seniors. Programs which take up about 70% of the national budget as it stands now. So what is the price tag for the pledge? About $3.7 trillion. So at best, they would save tax payers $300 billion. Or, 7.5% of what they are promising.
Of course, there is no greater scourge in conservative circles than the Health Care Reform Bill. The Republicans have been talking about repealing it since the moment it passed. Even if you throw out the possibility that it will ever happen (it won't), what do they plan to replace it with? Well, according to the Pledge, they will put into action the ability to buy insurance across state lines, create high risk insurance pools, end denials of coverage based on pre-existing conditions, eliminate lifetime and annual caps on insurance benefits, end the ability of insurance companies to drop people when they get sick, and outlaw the government funding of abortion. Sounds great, right? But here's the thing, all that stuff is already in the bill. So they intend on replacing the bill with the same bill? Ladies and gentlemen, your tax dollars at work.
Now to be fair, they do want to include tort reform as a part of their "replace" strategy. And that's fine, but you don't need to repeal the whole bill to do so. As well, they want to remove the "individual mandate" part of the bill. However, anyone who understands health care reform will tell you that you can't remove the individual mandate and retain coverage for those with pre-existing conditions. Without the mandate on the young and healthy--who don't always buy insurance--the overall cost of health insurance would go through the roof.
Another fascinating aspect of the Pledge is their desire to create a process that would require the certification of all bills as "constitutional" before they could be voted on. There are at least two problems with this idea. First, we have a whole other branch of government that decides on what laws are constitutional. It's called the judiciary. We've even got a Supreme Court and everything. Secondly, isn't it hard enough for congress to get anything done now without adding another layer of process?
Obviously, the Pledge is modeled on the GOP's "Contract With America" from 1994. A comparatively superior document that had the first rate intellect of Newt Gingrich behind it. The Pledge--like the Contract--is designed to be the exclamation point for the mid-terms. Something that if the polls are to be believed, they won't need to make huge congressional gains. Which is a good thing for them, because this document isn't worth the time it would take to shred all 21 pages of it.
In fact, if you really want to know what we can expect from Republicans after the mid-terms, you only need to read this quote from House Minority Leader Boehner, taken from the hardware store itself: "We aren't going to be any different than what we've been."
As Roger Daltrey once sang: "Meet the new boss, same as the old boss."
God help us.
Sumo-Pop
September 30, 2010
Nice work, Dave (I especially love the headline).
ReplyDeleteYou might be interested to know, though, that most conservatives who support across the board tax cuts don't do it because we think the rich can't afford it or because we think the government won't collect less.
We support tax cuts for everyone because its our money. Even more importantly, we believe (shockingly) that people -- even the rich ones -- do more good when THEY get to spend or invest their money than when the government gets its hands on it instead.
I'm with you on this constitutionality test, however. Unless they are sending these bills to the Supreme Court for this 'test', I think its a bald-faced power grab.
The stats don't support you, Tony. The top tax rate during the Eisenhower administration was 91%. Besides, rich folk did pretty well during the fascist, socialist, Clinton Administration. And please, please, explain to me why they (tax cuts for the top 1%) don't have to be paid for?
ReplyDeleteWhat do you mean "the stats don't support me"? I'm not sure you read my comment very carefully.
ReplyDeleteI said conservatives believe we are all better off with people (even rich ones) spending and investing their own money. What "statistic" says that government spends and invests money more wisely than individuals? (does anyone even SUSPECT that?) ;-)
As for paying for tax cuts, I don't even know how to start that conversation. Republicans and Democrats alike are going to spend way more than they take in -- no matter how much it is -- and they'll print the money whenever they can't squeeze us for it. This is bad (very bad), but giving them more money won't solve it, and giving them less won't make it worse.
Every dollar we keep in the hands of private citizens, to spend and invest as they see fit, will do more overall good to the country than a dollar given to the government.
Unless you can convince conservatives that government will make better use of the money than private citizens, why should they care how much the government NEEDS it? Or how much rich folks don't?
The stats that I am referring to are the ones that state that tax breaks for the wealthy are NOT stimulative. And I find it fascinating that the deficit hawks on the right seem to have no trouble piling on debt when it benefits the rich. But extend unemployment benefits for those stuck in this economy? No, those have to be paid for. That's ridiculous. I guess they prefer that the loaded can buy a second yacht whereas the unemployed can eat cake.
ReplyDeleteI still don't understand why you think keeping more of your own money is a bad thing for everyone else, even if you are rich. but I liked reading your article. Why didn't the republicans care this much when the original health care bill was being formed. Hardware store republican. Hahaha
ReplyDeleteWell, because we still need roads and bridges and stuff. And rich folks didn't need a tax break. They did just fine iun the Clinton years with the extra 3% coming out of their pockets.
ReplyDeleteThanks David - fantastic, as always !!
ReplyDeleteAlways enjoy your work, David. Keep it coming.
ReplyDeletethink the lesson dems and rebs need to learn quickly is that we as a people are sick of this political us against them. The only way anything will ever get done is if the parties are willing to blur their lines and work together. Just look at what they didn't accomplish with this us vs them during the Bush years and now in Obama's years thus far. People are tuning out by the droves, convinced that nothing will ever change. Rhetoric sucks. *cough* stepping off my soapbox now...
ReplyDelete"We aren't going to be any different than what we've been." Great! Now I feel better. The GOP never has any idea or solutions to anthing. I wonder if their supporter realize it took maybe 20 minute to come up with the rough draft.
ReplyDeleteAnd your right David. God help us.
That's a page a minute. Breakneck speed!
ReplyDeleteAre you saying the GOP gave us a Lemon Pledge, David? That's not a problem at all, that's actually good press for us. The libtards think we've got something against working immigrants, but our friend Consuela proves nothing could be further... from the truth.
ReplyDeletehttp://s-ak.buzzfed.com/static/imagebuzz/web03/2010/4/7/10/we-need-more-lemon-pledge-11524-1270649080-86.jpg
Consuela needs more Lemon Pledge, and John Boehner is happy to oblige.
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ReplyDeleteNo need to fear “Speaker Boehner “, Justin Coussoule will defeat John Boehner in Ohio’s 8th District.
ReplyDeletehttp://www.facebook.com/pages/Justin-Coussoule-for-Congress/322643228645
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ReplyDeleteI and mine are completely invisible in it.
ReplyDeleteAnthony Borelli is on crack...we have witnessed how well the private sector invested it's money...you should have asked him his take on the economic recession we are still going through and how that came about.
ReplyDeleteTwo words: Oh, snap. :)
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ReplyDeleteNice post
ReplyDeleteThose stats also show that when the wealthiest 1% does have more money, they do not invest in America. They invest in Japan and China.
ReplyDeleteSorry guys. Private spending IS more stimulative than public sector spending, but thatmisses the point. I don't believe its important whether tax cuts are stimulative or not. I believe individuals have the stronger claim to their own earnings, and taxes are way too high already.
ReplyDeleteI don't like the deficit, and I'm NOT happy with the Republican contributions to it, but the ONLY deficit cutting measures I am willing to support are cuts in spending.
As to Sabrina's offline comments... the mess we're in is the result of a multi-faceted 50+ year Ponzi scheme that enjoyed (to be fair to you libs) the bi-partisan support of most Dems and Repubs. Regardless of what is or isn't done now, the dollar is going to tank, because we can't pay our debt without printing the money.
As for my "crack" problem... I assume she meant "plumber's" crack? I'm trying to do some cutting myself. 20 pounds down, 20 more to go!
Taxes are way too high? They've never been lower. Say that again out loud the next time a levee fails or a bridge collapses. Yeah, I got a crack problem too. My doc told me I gotta drop 40, the sonuvabitch.
ReplyDeleteAnd just for clarity's sake, Barry is no liberal. He's as down the center as the yellow lines on a two lane highway. He currently leans left because he thinks Republicans are pretty much batshit.
ReplyDeleteMiss Marion does rule. Good article."
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ReplyDeleteYou mean a Pillage of America by the GOPranos
ReplyDeleteThey did not make a pledge. They continue to Pillage America. Pillage, not Pledge.
ReplyDeletePlease call this other party
The GOPranos
The RepubliKLAN Party
The RepubliCULT Party