Tuesday, November 13, 2012

The Nation: Katrina Vanden Heuvel: "Grand Bargain Is the Wrong Solution"

Grand Bargain Is the Wrong Solution

To put some basic facts on the table that I'm not sure some Progressive Democrats understand, other then maybe. Patty Murray whose in the Senate Democratic Leadership, yes President Obama was reelected and you could argue overwhelmingly. At least in the Electoral College and Senate Democrats added two seats to their majority but Republicans will still control the House in the next Congress. Democrats and Republicans weren't elected and reelected to cave to each other, they were elected and reelected to work. With each other which is different and something that President Obama, Speaker Boehner and Leader Reid all understand. Which is why Speaker Boehner has already put new revenue on the table to pay for deficit reduction, something he wasn't willing to do just two weeks ago. And if President Obama goes up to 1M$ for the cutoff point in when taxes would go up, the President has already agreed on savings to Medicare. And perhaps even Social Security, we could put the fiscal cliff behind us and enjoy a prosperous economy again.

I wish House Democrats had not ran such mediocre campaigns and ran with the President and Nancy Pelosi. Would enter the next Congress as Speaker of the House, instead of contemplating whether she wants to be Minority Leader of the House in the next Congress or not. And then Democrats could put more defense cuts in the table, like pulling all of our troops out of Europe, Saudi Arabia, Korea and Japan. To pay for deficit reduction and reform Medicare and Social Security long term in a way that doesn't hurt. Anyone who actually needs those programs and we could put real tax reform on the table, that eliminates corporate welfare. But these things didn't happen and instead we are stuck with a Republican House for at least two more years and is something Progressives need to deal with.

The Progressive idea of deficit reduction and thats assuming they would ever use this plan for deficit reduction. Instead of spending new revenue on programs they want, is gutting defense by at least 50%, raising taxes on everyone and eliminating most tax loopholes and then using this new revenue. To invest in current social programs and creating new one and whatever new economic growth comes as a result. That money may be used for deficit reduction or new spending but their candidate wasn't elected President. Jill Stein didn't even get 1% of the vote and they need to accept that.