The U.S. gets to crazy | Arkansas Blog

Friday, July 15, 2011

The U.S. gets to crazy

Posted By on Fri, Jul 15, 2011 at 6:52 AM

Krugman writes about Republican craziness on the debt ceiling, but wonders why anyone should be surprised.

President Obama has made it clear that he’s willing to sign on to a deficit-reduction deal that consists overwhelmingly of spending cuts, and includes draconian cuts in key social programs, up to and including a rise in the age of Medicare eligibility. These are extraordinary concessions. As The Times’s Nate Silver points out, the president has offered deals that are far to the right of what the average American voter prefers — in fact, if anything, they’re a bit to the right of what the average Republican voter prefers!

Yet Republicans are saying no. Indeed, they’re threatening to force a U.S. default, and create an economic crisis, unless they get a completely one-sided deal. And this was entirely predictable.

First of all, the modern G.O.P. fundamentally does not accept the legitimacy of a Democratic presidency — any Democratic presidency. We saw that under Bill Clinton, and we saw it again as soon as Mr. Obama took office.

As a result, Republicans are automatically against anything the president wants, even if they have supported similar proposals in the past.

And there's supply side voodoo, and lying about the revenue impact of supply side voodoo and continued insistence on more voodoo for the wealthy. You know what it all adds up to do,n't you? Starts with "d" ends with "oo."

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