Winner 2013 Webby Awards for Best Political Website
Top Banner, Site wide
Apr 18, 2014

 Choose a size
Text Size

Top Leaderboard, Site wide

On Climate, Business as Usual




The Divide


Truthdig Bazaar more items

 
Ear to the Ground

Krugman: Kids Will Pay the Price for Spending Cuts

Email this item Email    Print this item Print    Share this item... Share

Posted on Feb 28, 2011
Krugman
Wikimedia Commons / Prolineserver

According to New York Times econo-whiz Paul Krugman, all this emphasis on austerity will not be good for posterity. In his latest column, Krugman slams the GOP for claiming to be all about the kids while stacking the deck against them with “draconian” budget cuts.  —KA

The New York Times:

Now, politicians—and especially, in my experience, conservative politicians—always claim to be deeply concerned about the nation’s children. Back during the 2000 campaign, then-candidate George W. Bush, touting the “Texas miracle” of dramatically lower dropout rates, declared that he wanted to be the “education president.” Today, advocates of big spending cuts often claim that their greatest concern is the burden of debt our children will face.

In practice, however, when advocates of lower spending get a chance to put their ideas into practice, the burden always seems to fall disproportionately on those very children they claim to hold so dear.

Consider, as a case in point, what’s happening in Texas, which more and more seems to be where America’s political future happens first.

Read more

 

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

ChaviztaKing's avatar

By ChaviztaKing, March 2, 2011 at 5:28 pm Link to this comment

ANOTHER DAY IN THE JEWISH ZIONIST CAPITALIST EMPIRE OF EXPENSIVE GASOLINE, EXPENSIVE FOOD AND EXPENSIVE BASIC GOODS AND SERVICES

another day in the jewish-zionist capitalist hell of expensive utility bills, government taxing people to death to give those tax-dollars to Israhell, the bankers and the Military Industrial Complex.

More devaluation of the US dollar because the zionists of the Federal Reserve are printing fake dollars, massive spending in the military and the imperialist zionist wars on behalf of Israhell.

And all these things that Democ-rats and Republic-rats are doing literally means more poverty within US borders. And the chickens coming home to roost in a sea of depression, poverty and wild-capitalism of all utility services like electricity, phone, internet, direct-tv, dish network, gasoline, food and all goods and services that american families buy being owned by the zionist private sector

American families should rebel against all these evil things being done by Democrats and Republicans and start to look toward a Socialist Workers Party, like Stewart Alexander candidate for the Socialist Party of USA in 2012. Here is a link about Stewart Alexander:

http://www.stewartalexandercares.com/

So I urge you all to support Stewart Alexander.  Support Stewart Alexander for socialist president of USA in 2012. All americans should support and vote for Stewart Alexander, the candidate of the Socialist Party of USA, running for president in 2012.  Stewart Alexander says he will seek the 2012 presidential nomination of the Socialist Party USA and will present socialist solutions to address the needs of the working class.


.

Report this

By Chuck Hash, March 2, 2011 at 4:36 am Link to this comment
(Unregistered commenter)

“Won’t somebody please think of the children?”

Report this

By Miko, March 1, 2011 at 9:04 pm Link to this comment
(Unregistered commenter)

Interestingly enough, kids will also pay the price when
their quality of life is significantly decreased from
the need to pay off the irresponsible debt accrued by
Bush and Obama.  It looks like here, as in all things,
we suffer whenever the government does anything, no
matter what it is.

Report this

By gerard, March 1, 2011 at 2:59 pm Link to this comment

Better to suggest than to carp any day of the week, rico.  How about you?  Any suggestions?  No?  I thought not.  Toot de sweet!

Report this

By gerard, March 1, 2011 at 2:59 pm Link to this comment

Better to suggest than to carp any day of the week, rico.  How about you?  Any suggestions?  No?  I thought not.  Toot de sweet!

Report this
rico, suave's avatar

By rico, suave, March 1, 2011 at 8:49 am Link to this comment

gerard:

You do so well, until you come up with crap like this:

” Doesn’t he (or don’t some of his friends) know how to talk to rich corporate managers and convince them to try something besides stealing as a way of life?”

Report this
rico, suave's avatar

By rico, suave, March 1, 2011 at 8:47 am Link to this comment

Birch:

I agree. And we can have a useful discussion about priorities all day long. The problem nobody but Republicans in Congress and Governnor’s mansions is willing to face is that the government is spending beyond its means as a matter of routine. We CAN NOT keep doing this.

You can cut the Defense budget to ZERO and it wouldn’t end the red ink: Defense for this year is what, $800 billion, max. Obama’s asking for $1.5 T-t-t-trillion more than he expects to collect. Do the math. Earmarks, foreign aid? Drops in the bucket.

We can’t keep doing this.

Report this

By gerard, February 28, 2011 at 11:42 pm Link to this comment

What puzzles me is how smart people trained to understand “economics” and the financial “system” go on and on writing about what’s wrong, with absolutely no hint of what deep change needs to happen and how to bring it about.
  Why can’t Krugman and others like him cease and desist from writing columns with the same diagnosis day after day, living comfortably, meeting together with others like themselves, and DOING nothing in the way of substantial, meaningful action?  How come they can’t get together and agree on what can be done, and then initiate doing it, even by showing the tiniest example of how and where? 
  This kind of intellectual wheel-spinning is part of the problem.  Doesn’t he (or don’t some of his friends) know how to talk to rich corporate managers and convince them to try something besides stealing as a way of life?  Can’t they possibly get together and start a fundamental systemic change?  Can’t he be the first in line to put his behavior on the side of a more moral economic system, more cooperative and humane?  If the neo-cons could upset the entire system, why can’t the pro-libs turn it around?

Report this

By Birch, February 28, 2011 at 11:40 pm Link to this comment

Rico, it is not a question of spending or taxing; it is an issue
of priorities. The Republicans, and some Democrats run
around saying how much they love our children, they are the
future and we must provide them with the best education
possible, blah, blah, blah. But when it comes to budget cuts,
who is attacked first? Who is called upon to sacrifice first? The
children, the teachers and the school system. We are killing
innocent men, women and children everyday in Iraq and
Afghanistan and it’s costing us millions of dollars a day and
more than a trillion overall. If we redirected our money away
from killing people and focused on our own country, there
would be plenty of money for all our domestic needs, without
sacrificing the education of our children. Our priorities are all
screwed up. Out country is going down the drain while we
drain the treasury in foreign adventures. Time to put our
house in order.

Report this
prisnersdilema's avatar

By prisnersdilema, February 28, 2011 at 11:09 pm Link to this comment

As usual Krugman is right, still there is little hope that anyone will pay attention.

Sure, people read what he says, and agree with it.

But more importantly, the polticians don’t really care..what he says..

They have their own agenda, as they battle each other for political supremacy, the country slips into a depression. Essentially they are reflections of each other, although their approach to the nations problems remains the same.

Prepare yourself if you can, when gas prices, hit $7.50 a gallon, things will change, and not for the better.

There are plenty of people to blame, but both Republicans and Democrats are responsible..each party no longer means what it says, or stands for anything.

People in this country cannot afford more taxes, so there will have to be other solutions, the main one is already happening, a falling standard of living for everyone, and continued propaganda from the corporations.

As long as the political power structure remains the same, this country will continue its downward spiral, while the anger of the people spirals upward.

While we, are forced to pay attention to Charlie Sheen, gas went up 17 cents over night. When diesel hits $200 a gallon, truckers won’t be able to get out on the highway..

Report this

By Morpheus, February 28, 2011 at 10:12 pm Link to this comment

We are all paying the price now. Soon Parents will have to make the ultimate choice to preserve a future for the kids. Otherwise, what is the point of it all.


*** We Need A Neew Vision for America ***


“STAND UP PEOPLE!”  -  JOIN THE REVOLUTION
Read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

We don’t have to live like this anymore. “Spread the News”

We don’t have to be slaves to a titter-totter republic.

FIGHT THE CAUSE - NOT THE SYMPTOM

Report this

By Big B, February 28, 2011 at 9:54 pm Link to this comment

The pin-head Rico seems to be off his meds again.

Conservatives are just growing more and more pissed off now that thirty years after Reaganomics was implemented, it has proved to be an abject failure for over 90% of the american public. They, after all, drank the kool-aid. They went all in, and now that they can see the light at the end of the tunnel, unfortunately for all of us, that light is connected to a train.

The new conervative mantra is the same as the old, fuck you, I got mine. No civilization has ever succeeded that way. No one ever will.

Report this

By rob, February 28, 2011 at 9:10 pm Link to this comment
(Unregistered commenter)

draconian? what the repubs are proposing in cuts is less than what i save by stop drinking soda. this guy is a joke. we have spent trillions on poverty programs and guess what more poverty. fact there is no correlation between spending more money on education and better grades. fact most people on these poverty programs dont care about their anyway and neither do the teacher unions.  20-30 years on the govt dole and you are ruined. these programs are designed to keep you poor. look at the stats. as a matter of fact govt creates 2 million people a year to the poverty roll.

Report this

By TAO Walker, February 28, 2011 at 8:48 pm Link to this comment

In addition to yet another knee-jerk resort to his all-too customary rudeness, “Rico Suave” betrays, again, the woeful ignorance induced by his CONgenital tunnel-vision.  Under the ‘dominance’-paradigm’s terminal-stage “global” reign-of-terror, “There is no concept of ‘their own money’....” PERIOD, despite his desperate(?) attempt here to pretend otherwise. ALL of the “money” is nothing but certificates of debt owed to the privateering institution called “The Federal Reserve”....and its owner banks off-shore.  It says so on every one of those pieces of paper presently in-circulation, and is equally true of all the make-believe ‘fiat’ “money” created CONstantly out of thin air, as well, by that same CON-GLOMeration of false-fronts behind which hide the actual owner/operators of the worldwide command-and-CONtrol apparatus.

“Rico Suave”‘s CONservative-ism is obviously of that bent which says to ‘others’:  I’ve got mine, Jack….so “Shut the fuck up.”  That he loves his very own children and grandchildren is as it should be.  That he fails (as do so many of his fellah ‘n’ gal true-believers in the unbridled pursuit of “self”-interest) to recognize ALL children and grandchildren as equally his to love, sums-up in a nut’shell exactly the rampant insanity that’s destroying rapidly the “exceptional”-ist U.S. cell-block (along with its nation/state counterparts everywhere) of the maximum security regime.

When it comes to stumbling around in the dark, “Rico Suave” is every-bit as LOST as he says Paul Krugman and other “liberals” are….only he’s a lot more alone in his CONfusion.

HokaHey!

Report this
Queenie's avatar

By Queenie, February 28, 2011 at 8:09 pm Link to this comment

Let’s face it. Global unregulated Capitalism demands that children work. To educate the children of the poor or middle classes would be a waste of money. To house and feed the poor and middle classes and to ensure health care for them would make them less subservient, less willing to go to the “satanic mills” to labor for the elites.

No 40 hour work week, no minimum wage, no safety or environmental safeguards, no right to organize or protest working conditions.

Keep the masses hungry, stupid and sick, living in squalor and misery and you have a ready-made workforce that will accept what is their lot - competing with the lowest common denominator in the global market.

We can have unregulated Capitalism or we can have Democracy.

We can’t have both.

Report this
rico, suave's avatar

By rico, suave, February 28, 2011 at 7:51 pm Link to this comment

Krugman, like a good liberal, assumes that all money belongs to the government first, and the portion we taxpayers get to keep is merely a function of government beneficence (tax loopholes and rates), stupidity (Republican tax cuts), or corruption (Wall Street lobbyists). The way a liberal sees it, if your tax rate is 15%, that means you’re keeping 85% of the government’s money, YA GREEDY BASTARD!

By this assumption, the government has first choice on how to spend all the dollars that exist in the world, and if the government is forced to spend more than it controls, it is because it has foolishly given too much money away to taxpayers in the past. (It’s not a matter of allowing taxpayers to keep their own money. The concept of “their own money” doesn’t exist for liberals.)

If you buy this logic, it is completely irrational to cut back or eliminate ANY program dreamed up by government (and therefore ABSOLUTELY NECESSARY FOR THE SURVIVAL OF HUMANITY) while there are ANY dollars left in the world to fund it. It also follows that the only reason government is forced to borrow is because greedy taxpayers and their criminal Republican allies don’t want to lose control of the money the government irresponsibly lost control of in the first place, and so can’t pay cash for all those programs ABSOLUTELY NECESSARY FOR THE SURVIVAL OF HUMANITY.

It’s easy to vilify Republicans when you believe the logic above. After all, Republicans want government to control and spend less dollars than exists in the world, and not only that, they are now asking government to actually control and spend less than they did yesterday!

It’s also perfectly logical for Krugman, the good liberal, to see the problem as “not enough taxation” as opposed to “too much spending.” There can’t be “too much spending” until the government has spent the last dollar that exists.

Report this

By TDoff, February 28, 2011 at 7:19 pm Link to this comment

The republicans are just waging their concept of a ‘War on Poverty’. But instead of doing it by improving education, providing jobs and decent wages, they plan to do it by eliminating the poor. While eliminating the poor by starvation and lack of medical care may seem draconian to some, to the CrazyChristianConservative EvangelicalFundamentalistBornAgain RightWingGopersandTeaPartiers… the Plutocrats led by the Koch suckers… it’s just ‘god’s plan, which only they are privy to and willing to follow.

Report this

By Tobysgirl, February 28, 2011 at 7:08 pm Link to this comment

Why would he expect conservative politicians to be interested in children’s welfare? Parents and grandparents aren’t interested in their children’s welfare! Years ago we had to have our school budget meeting in the gym because the budget didn’t pass at the polls. Grannies and grampies drove up in their Lincolns and Cadillacs to vote against the budget. Their tacky wheels were more important to them than their grandchildren’s schooling, which for many years took place in trailers (I kid you not).

Report this

By TAO Walker, February 28, 2011 at 6:02 pm Link to this comment

Paul Krugman evidently doesn’t really want to consider the ought-to-be rather alarming implications of all this now-institutionalized “short-sightedness.”  The cold calculation driving all this “draconian” corporate/government behavior is that there won’t be any “future” that has the “problems” incident to masses of deprived children as any part of it.  There is already in-place an “app” for that….which those in-charge of the command-and-CONtrol apparatus expect to implement with the mere push of a “button.”

Are the owner/operators of the “global” maximum security regime really that ruthless?  Look around you, tame Sisters and Brothers.

ALL TOGETHER….Now!!!!

HokaHey!

Report this
Newsletter

sign up to get updates


 
 
Right 1, Site wide - BlogAds Premium
 
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Skyscraper, Site Wide
 
Join the Liberal Blog Advertising Network
 

A Progressive Journal of News and Opinion   Publisher, Zuade Kaufman   Editor, Robert Scheer
© 2014 Truthdig, LLC. All rights reserved.