Sunday, July 31, 2011
pink scare: "Neither of the two pro-business parties, Republican or Democrat, will allow the US to default. They are playing a game of chicken. But, from the sounds of it, they are close to arriving at some sort of 'deal'. The present 'deal' includes a punishing, cruel $3 trillion cut (of historic proportions) to the living standard of the majority of Americans. That means cuts to education, cuts to scholarships, cuts to health care, cuts to pensions, massive cuts to public transportation, cuts to unemployment insurance, cuts to the arts, cuts to cutting edge scientific research. It will mean worse infrastructure, cancelingdesperately needed maintenance on our country's bridges and roads, massive layoffs and severe pay-cuts for public sector workers, worse sanitation services, worse libraries, worse public parks. It means that Obama and the Democrats will sign off on all of this as their own. (The beauty of it for Obama and friends, of course, is that they can push through austerity while externalizing culpability by claiming that "Republicans made us do it", thus pacifying liberal discontent with the slashing and burning of the very policies and programs for which the Democrats have any "progressive" credentials at all). "
Posted by Sheldon at 10:23 PM