I don't necessarily think the deficit should be ignored, though I do think that at this point in time the employment situation is far more destructive than the deficit, and also much more amenable to corrective measures that would actually help on a meaningful time-scale. But IF you really believe that the deficit needs to be addressed sooner rather than later, you need to look at what is contributing to it. The Center on Budget and Policy Priorities offers a very telling discussion of this, with a useful chart. No surprise: Bush's tax cuts for the wealthy and the wars are among the biggest contributors.
Take-home message: irresponsible Republican policies have caused the problem that Republicans now want to fix by reneging on longstanding social contracts.
About this blog:
What if they held a class war and nobody noticed? For decades, liberals and progressives have been bashed for conducting a "class war" every time they suggest that it would be appropriate for the extremely wealthy to shoulder a bit more of the burden of paying for government. Meanwhile, a swarm of far-right think-tanks and political action committees have been working tirelessly to promote the idea that taxes on the wealthy should be lowered further from their historic lows, and that entitlement programs such as social security and medicare are too expensive to sustain (and in any case, immoral). The latest attempts to delegitimize public employee unions are the logical next step in what genuinely appears to be the systematic dismantlement of the middle class. This blog will highlight some of the more extreme examples of this activity that may not always show up in your news feeds.
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