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Entitlement cuts

letsgetitdone's picture

Dear Dr. Krugman: Please Let Me Explain

Paul Krugman can't explain why the deficit issue has suddenly dropped off the agenda. He says:

. . . quite suddenly the whole thing has dropped off the agenda.

Read below the fold...
twig's picture

Letter to the Editor: Feel Free To Borrow and Rewrite [Revised]

The LA Times editor says they are publishing this letter, so I'm posting it in case anyone else may want to send something like it to their paper. Feel free to rewrite, improve, expand, whatever you like. But as Ralphbon notes in the comments below, cut-and-paste copying is probably not the best idea. If it starts looking like a form letter, it'll be trashed.

The Times only accepts pieces under 150 words, so this one is short. It's in response to an editorial entitled "Debt and Taxes in DC."

And here's the letter:

RE: Debt & Taxes in DC (9 November, 2012)

We, the Enemies?

Read below the fold...
letsgetitdone's picture

Defending Entitlements Against the Debt Terrorists

Dean Baker recently posted on the closed door meetings some prominent CEOs are having on shaping austerity budgets to be used after the election to pressure Congress to arrive at a bi-partisan compromise that will cut spending much more than it raises taxes and “put us on the road to fiscal sustainability and fiscal responsibility.” Dean rightly points out that these concerns are greatly overblown since the most important problem we are facing now is growing the economy and providing for full or near-full employment. In particular, he's very opposed to entitlement cuts and is opposed to the current bipartisan impulse to sacrifice entitlements on the altar of fiscal sustainability/responsibility. He then says:

”The question is how to make it so that popular sentiment overrides the big bucks of the corporate chieftains. The obvious answer would be to make the protection of these programs central issues in the election. Members of Congress and candidates for seats should be pressed to indicate where they stand on the proposed cuts to these programs.

“That means getting them to answer specific questions, like whether they support reducing the annual cost-of-living adjustment or raising the normal retirement age for Social Security or the age of eligibility for Medicare. These are among the most important issues in people's lives and voters should not have to go to the polls not knowing where the candidates for the House, the Senate or the presidency stand on them.

“People should also be aware that politicians are true masters of evasion on these questions. A response like, "I support Social Security and Medicare," should be taken to mean that they are prepared to support cuts for these programs. All of the people running for office are smart enough to know how to say that they oppose the cuts being put on the table, and they undoubtedly would say that they oppose the cuts, if it is true.

“Similarly, a statement like, "I oppose the privatization of Social Security and Medicare" should also be taken to mean that they are prepared to support cuts to these programs. Again, they are not being asked about privatization, it's not immediately on the table, why would they give an answer about privatization except to avoid admitting their support for cuts?

“The news media should also be pressed into service in this effort. It is their job to tell us the candidates' positions on important issues and there are few issues more important to voters than Social Security and Medicare. People should harangue their local newspapers and television stations to ask candidates their positions on cuts to these programs. This is far more important than most of the gossip about the campaigns that dominates news coverage.

“The whole effort here must be focused on smoking out politicians on where they stand on cuts to Social Security and Medicare. The CEOs want to do this behind closed doors because they know that politicians who have to answer to their constituencies will never be able to get away with these cuts. The key is to force the debate into the sunlight.”

While I very much agree with the idea that we must force this debate into the sunlight and should focus on getting our Representatives, Senators, and even Presidential candidates to take a “no entitlement cuts under any circumstances position,” I also think that the methods outlined above by Dean are unlikely to be enough to carry the day. Read below the fold...

letsgetitdone's picture

DZWONKOWSKI 's “Get in on discussion about $13-trillion U.S. Debt”: A Commentary

This one is a deconstruction of a piece in the Detroit Free Press by a gentleman in the MSM who's decided to join the Peter G. Peterson/Catfood Commission echo chamber. (My thanks to Sisterkenney for calling it to my attention.) Read below the fold...

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