January 2013 archive

Congressional Game of Chicken: Fixing Filibuster Don’t Stop Now, Part VII

Don’t Stop Now! Call Reid’s office at 202-224-3542, and tell him to include the talking filibuster and/or flipping the burden of the filibuster.

Reform the Filbuster

Sign the Petition

Filibuster

TheMomCat

Will Harry Reid kill real filibuster reform? Vote is tomorrow, January 22.

1/21/2013 10:00am by Gaius Publius

(W)e should be calling Harry Reid’s office today and tomorrow (early morning EST):

    Harry Reid:

    (202) 224-3542

Reid also has four Nevada offices, all with phones. If you call:

  1. Tell him (politely) to act like a Democrat instead of a Beltway insider & Mitch McConnell’s virtual golfing buddy.
  2. Tell him to support the Merkley-Udall proposal and nothing less.
  3. Say if he doesn’t get real filibuster reform passed in the Senate, he owns the silent filibuster for the next two years. Every Republican obstruction will be his obstruction as well.

Let’s give him naming rights if he fails us like he did two years ago. The Senator Harry Reid Silent Filibuster™, brought to you by Senator Harry Reid, the Republicans’ new best friend in the Senate.

Other Dem senators who may be wavering:

Baucus Max MT D (202) 224-2651
Boxer Barbara CA D (202) 224-3553
Feinstein Dianne CA D (202) 224-3841
Heitkamp Heidi ND D (202) 224-2043
Hirono Mazie HI D (202) 224-6361
Leahy Patrick VT D (202) 224-4242
Reed Jack RI D (202) 224-4642

Make the call, please. Today… early (EST). Make several. I’d be shocked if the folks in the $800 suits hit the chambers anytime before 10 or 11am – gotta have time for those lobbyist breakfasts and all.

Harry Reid seeks middle path on filibuster

By MANU RAJU, Politico

1/17/13 6:41 PM EST

The contents of a filibuster reform package are not yet finalized, sources say, and Reid is still trying to cut a bipartisan deal with Senate Minority Leader Mitch McConnell (R-Ky.) to avert a partisan showdown on the floor next week. But Reid seems to have discarded one of the more far-reaching proposals sought by liberals – forcing senators to actually carry out a filibuster – because of fears that the plan would effectively kill the potent delaying tactic used frequently by the minority party.



Reid’s most pressing demand is to eliminate filibusters used to prevent debate on legislation from starting. He also wants to end filibusters used to prevent the Senate from convening conference committees with the House. And he’s eager to pare back the use of filibusters on certain presidential nominations.

Senators could still filibuster in any number of situations under this approach. But Reid is weighing whether to shift the burden of the filibuster from those who are seeking to defeat it onto those who are threatening to wage one. Rather than requiring 60 votes to break a filibuster, Reid is considering requiring at least 41 senators to sustain a filibuster. That would amount to a subtle shift to force opponents to ensure every senator is present in order to mount a filibuster.



Still, what Reid is considering would fall short of a plan pushed by Sens. Merkley, Tom Udall (D-N.M.) and Tom Harkin (D-Iowa), who want to require anyone who is threatening to filibuster to actually carry one out on the floor – much like in the infamous movie classic, “Mr. Smith Goes to Washington.”

Under their plan, if a filibuster is not defeated – but at least 51 senators want to overcome the delay tactic – senators who are obstructing would go to the floor and carry out the talk-a-thon. But once the senators stop talking, the Senate could overcome the filibuster with just 51 votes, rather than the 60 that is currently required.

Republicans and a handful of Democrats oppose this approach because they fear that it would effectively usurp the power of an individual senator to filibuster and effectively lower the threshold to overcome a filibuster from 60 votes to 51.

To repeat-

(W)e should be calling Harry Reid’s office today and tomorrow (early morning EST):

    Harry Reid:

    (202) 224-3542

Reid also has four Nevada offices, all with phones. If you call:

  1. Tell him (politely) to act like a Democrat instead of a Beltway insider & Mitch McConnell’s virtual golfing buddy.
  2. Tell him to support the Merkley-Udall proposal and nothing less.
  3. Say if he doesn’t get real filibuster reform passed in the Senate, he owns the silent filibuster for the next two years. Every Republican obstruction will be his obstruction as well.

Let’s give him naming rights if he fails us like he did two years ago. The Senator Harry Reid Silent Filibuster™, brought to you by Senator Harry Reid, the Republicans’ new best friend in the Senate.

Other Dem senators who may be wavering:

Baucus Max MT D (202) 224-2651
Boxer Barbara CA D (202) 224-3553
Feinstein Dianne CA D (202) 224-3841
Heitkamp Heidi ND D (202) 224-2043
Hirono Mazie HI D (202) 224-6361
Leahy Patrick VT D (202) 224-4242
Reed Jack RI D (202) 224-4642

Make the call, please. Today… early (EST). Make several. I’d be shocked if the folks in the $800 suits hit the chambers anytime before 10 or 11am – gotta have time for those lobbyist breakfasts and all.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

Paul Krugman: The Big Deal

On the day President Obama signed the Affordable Care Act into law, an exuberant Vice President Biden famously pronounced the reform a “big something deal” – except that he didn’t use the word “something.” And he was right.

In fact, I’d suggest using this phrase to describe the Obama administration as a whole. F.D.R. had his New Deal; well, Mr. Obama has his Big Deal. He hasn’t delivered everything his supporters wanted, and at times the survival of his achievements seemed very much in doubt. But if progressives look at where we are as the second term begins, they’ll find grounds for a lot of (qualified) satisfaction.

Consider, in particular, three areas: health care, inequality and financial reform.

New York Times Editorial: A Choice for Republican Leaders

Ted Cruz, the newly elected Tea Party senator from Texas, embodies the rigidity the public grew to loathe in Congress’s last term. He is bursting with fervor to fight compromise and consensus-building in Washington wherever it is found. Unlike 85 percent of the Republicans in the Senate, he would have voted against the fiscal cliff deal. He says gun control is unconstitutional. Breaking even with conservative business leaders, he would have no qualms about [using the debt ceiling as a hostage v] because he believes (falsely) that it would produce only a partial government shutdown and not default.

Considering the damage that this kind of thinking did to the country and the Republican Party over the last two years – a downgraded credit rating, legislative standoffs, popular anger, a loss of Republican seats – it might seem obvious that the party should marginalize lawmakers like Mr. Cruz. Instead, they continue to gain power and support. Party leaders named Mr. Cruz vice chairman of the National Republican Senatorial Committee.

Glen Ford: Don’t You Dare Conflate MLK and Obama

Were Martin alive, he would skewer the putative leftists and their “lesser evil” rationales for backing the corporatist, warmongering Obama. As both a theologian and a “revolutionary democrat,” as Temple University’s Prof. Anthony Monteiro has described him, MLK had no problem calling evil by its name – and in explicate triplicate. His militant approach to non-violent direct action required him to confront the underlying contradictions of society through the methodical application of creative tension. He would make Wall Street scream, and attempt to render the nation ungovernable under the dictatorship of the Lords of Capital. And he would deliver a withering condemnation of the base corruption and self-serving that saturates the Black Misleadership Class.

He would spend his birthday preparing a massive, disruptive action at the Inauguration.

Robert Kuttner: The President’s Running Room-and Ours

With Republicans divided, the president could open up space to move progressive policies. First, the progressive community needs to move him.

President Barack Obama won a tactical victory on New Year’s weekend by forcing Republicans to raise taxes on the top 1 percent, but he has far bigger challenges to address-and so do progressives. The economy is still at risk of several more years of hidden depression, with a high level of unemployment and no wage growth. The initial budget deal, thanks to Obama’s post-election toughness on tax increases on the rich and pressure by unions and progressive organizations not to cut Social Security and Medicare, was better than it might have been. But still to come are debates over budget cuts, with Republicans having the leverage of an automatic $120 billion “sequester” for this fiscal year now postponed to early March, if Congress fails to legislate its own additional deficit reduction.

In principle, Obama has committed to $4 trillion in budget cuts over a decade, a sum that would be a huge drag on the recovery, leaving too little for the public investment necessary to create jobs and for the scale of infrastructure spending needed to mitigate future superstorms like Sandy. Since the election, the president has walked back some of his earlier commitment to spending cuts. But even as he forced major concessions out of the Republicans, he has continued to embrace deficit reductions as a necessary path to recovery, a strategy that makes no economic sense and that only whets the appetites of the right-wing anti-government crusade and its close ally, the corporate-sponsored Fix the Debt campaign.

So where is Obama’s running room to pursue a more far-reaching agenda? And where is the running room for progressives to move him?

John Nichols: This President Can-and Must-Claim a Mandate to Govern

With his second inauguration, Barack Obama will become the first president since Dwight Eisenhower to renew his tenure after having won more than 51 percent of the vote in two consecutive elections.

More importantly, in a political sense, he will be the first Democrat since Franklin Delano Roosevelt to have won mandates from the majority of the American people in two consecutive elections. [..]

Roosevelt’s genius was the linking of democracy and self-governance, the reminding of Americans that thru elections and government they have the master economic and political forces that would otherwise dominate them. After a 2012 election campaign that his Republican foes portrayed as a referendum on the role of government, Obama has a mandate to make government work again for the American people. His inaugural address should claim that mandate with all the passion and all the determination that FDR brought to the mission seventy-six years ago.

Ray McGovern: The Moral Torment of Leon Panetta

Leon Panetta returned to government in 2009 amid hopes he could cleanse the CIA where torture and politicized intelligence had brought the U.S. to new lows in world respect. Yet, after four years at CIA and Defense, it is Panetta who departs morally compromised

Defense Secretary Leon Panetta, a practicing Catholic, sought a blessing on Wednesday from Pope Benedict XVI. Afterward Panetta reported that the Pope said, “Thank you for helping to keep the world safe” to which Panetta replied, “Pray for me.”

In seeking those prayers, Panetta knows better than the Pope what moral compromises have surrounded him during his four years inside the Obama administration, as CIA director overseeing the covert war against al-Qaeda and as Defense Secretary deploying the largest military on earth.

For me and others who initially had high hopes for Panetta, his performance in both jobs has been a bitter disappointment. Before accepting the CIA post, Panetta had criticized the moral and constitutional violations in George W. Bush’s “war on terror,” especially the use of torture.

On This Day In History January 21

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

January 21 is the 21st day of the year in the Gregorian calendar. There are 344 days remaining until the end of the year (345 in leap years).

On this day in 1911, the first Monte Carlo Rally takes place.

The Monte Carlo Rally (officially Rallye Automobile Monte-Carlo) is a rallying event organised each year by the Automobile Club de Monaco who also organises the Formula One Monaco Grand Prix and the Rallye Monte-Carlo Historique . The rally takes place along the French Riviera in the Principality of Monaco and southeast France.

From its inception in 1911 by Prince Albert I, this rally, under difficult and demanding conditions, was an important means of testing the latest improvements and innovations to automobiles. Winning the rally gave the car a great deal of credibility and publicity. The 1966 event was the most controversial in the history of the Rally. The first four finishers driving three Mini-Coopers, Timo Makinen, Rauno Aaltonen and Paddy Hopkirk, and Roger Clark‘s 4th-placed Ford Cortina “were excluded for having iodine vapour, single filament bulbs in their standard headlamps instead of double-filament dipping bulbs.”  This elevated Pauli Toivonen (Citroen ID) into first place overall. The controversy that followed damaged the credibility of the event. The headline in Motor Sport: “The Monte Carlo Fiasco.”

From 1973 to 2008 the rally was held in January as the first event of the FIA World Rally Championship, but since 2009 it has been the opening round of the Intercontinental Rally Challenge (IRC) programme. As recently as 1991, competitors were able to choose their starting points from approximately five venues roughly equidistant from Monte Carlo (one of Monaco’s administrative areas) itself. With often varying conditions at each starting point, typically comprising dry tarmac, wet tarmac, snow, and ice, sometimes all in a single stage of the rally. This places a big emphasis on tyre choices, as a driver has to balance the need for grip on ice and snow with the need for grip on dry tarmac. For the driver, this is often a difficult choice as the tyres that work well on snow and ice normally perform badly on dry tarmac.

The Automobile Club de Monaco confirmed on 19 July 2010 that the 79th Monte-Carlo Rally would form the opening round of the new Intercontinental Rally Challenge season. To mark the centenary event, the Automobile Club de Monaco have also confirmed that Glasgow, Barcelona, Warsaw and Marrakesh has been selected as start points for the rally.

Seriously, Bloomie, Dancing?

Back in July, 2012 while returning from  Jazz at Lincoln Center’s Midsummer Night’s Swing, Caroline Stern, 55, and her boyfriend George Hess, 54, were arrested, handcuffed and held by the New york City Police for dancing  the “Charleston” on the subway platform.

“We were doing the Charleston,” Stern said. That’s when two police officers approached and pulled a “Footloose.”

“They said, ‘What are you doing?’ and we said, ‘We’re dancing,’ ” she recalled. “And they said, ‘You can’t do that on the platform.’ ”

The cops asked for ID, but when Stern could only produce a credit card, the officers ordered the couple to go with them – even though the credit card had the dentist’s picture and signature.

When Hess began trying to film the encounter, things got ugly, Stern said.

“We brought out the camera, and that’s when they called backup,” she said. “That’s when eight ninja cops came from out of nowhere.”

Hess was allegedly tackled to the platform floor, and cuffs were slapped on both of them. The initial charge, according to Stern, was disorderly conduct for “impeding the flow of traffic.”

They sued. They won. While NYC Councilman Peter Valone complains that “At $75,000 a dance, the city’s going to go bankrupt sooner than we thought,” he said. “Here, it looks like it was the taxpayers who got served.”

But whose fault is that, Mr. Valone? It’s not illegal to dance in the subway. Maybe the problem is an out of control police department:

For fiscal year 2011, New York City gave out $185.6 million to settle suits against the NYPD. That number rounds out to about $70 per resident, according to the New York Post. Though the New York City Law Department insists there is no blanket policy on settlements, City Councilman Peter Vallone Jr., who also heads the City Council’s Public Safety Committee, said such settlements have only increased since he took office in 2002. [..]

New York Civil Liberties Union head Donna Lieberman insists the city should start learning from suits, rather than just paying to get rid of them.

The city is still facing million in lawsuits by groups and individuals, including two city council members, resulting from brutal, unlawful tactics and false arrests from the Occupy Wall Street protests.

Mayor Michael Bloomberg and Police Commissioner Ray Kelly are to blame for this. Perhaps Mr. Vallone needs to stop blaming the lawyers for settling these suits, which would cost even more to litigate, and look at the real cause, an out of control mayor and police department.

Income Inequality and the Economic Recovery

Nobel Prize winning economist Joseph E. Stiglitz posted an interesting piece in the New York Times Opinionator that examines how income inequality is holding back the economic recovery:

The re-election of President Obama was like a Rorschach test, subject to many interpretations. In this election, each side debated issues that deeply worry me: the long malaise into which the economy seems to be settling, and the growing divide between the 1 percent and the rest – an inequality not only of outcomes but also of opportunity. To me, these problems are two sides of the same coin: with inequality at its highest level since before the Depression, a robust recovery will be difficult in the short term, and the American dream – a good life in exchange for hard work – is slowly dying.

Politicians typically talk about rising inequality and the sluggish recovery as separate phenomena, when they are in fact intertwined. Inequality stifles, restrains and holds back our growth. [..]

Prof. Stiglitz notes four factors that are the cause:

The most immediate is that our middle class is too weak to support the consumer spending that has historically driven our economic growth. [..] The growth in the decade before the crisis was unsustainable – it was reliant on the bottom 80 percent consuming about 110 percent of their income.

Second, the hollowing out of the middle class since the 1970s, a phenomenon interrupted only briefly in the 1990s, means that they are unable to invest in their future, by educating themselves and their children and by starting or improving businesses. [..]

Third, the weakness of the middle class is holding back tax receipts, especially because those at the top are so adroit in avoiding taxes and in getting Washington to give them tax breaks. [..]

Fourth, inequality is associated with more frequent and more severe boom-and-bust cycles that make our economy more volatile and vulnerable.

Noting that one fifth of US children live in poverty, the professor points out that children living in Canada, France, Germany and Sweden have better economic futures simply because education and training are more affordable. The countries that responded best to the crisis on Europe had strong unions and strong social safety nets, something that this country is seems hell bent to destroy.

However, Prof. Stiglitz’s contemporary, Paul Krugman, somewhat disagrees arguing that these factors may have caused the recession, they are less of a draw on the recovery than Prof. Stiglits beleives. In the face of the recovery, Prof. Krugman rejects the “underconsumption” and tax receipt hypothesis:

It’s true that at any given point in time the rich have much higher savings rates than the poor. Since Milton Friedman, however, we’ve know that this fact is to an important degree a sort of statistical illusion. Consumer spending tends to reflect expected income over an extended period. If you take a sample of people with high incomes, you will disproportionally include people who are having an especially good year, and will therefore be saving a lot; correspondingly, a sample of people with low incomes will include many having a particularly bad year, and hence living off savings. So the cross-sectional evidence on saving doesn’t tell you that a sustained higher concentration of incomes at the top will lead to higher savings; it really tells you nothing at all about what will happen. [..]

Joe also argues that high income inequality depresses tax receipts, fueling fiscal fears. Again, I have trouble with this point: our tax system isn’t as progressive as it should be, but it is at least mildly progressive even when you take state and local taxes into account.

I’m in agreement with Prof Stiglitz on this, even with my rudimentary knowledge of economics. It would seem logical that if incomes are falling and the middle class is shrinking, then consumption of goods and services will fall as people have less disposable income. It follows that all tax revenues would also decrease.  

Santorum: Armor-Piercing Bullets Are ‘a Right in Our Country’

The Pennsylvania Republican told an ABC News panel that conservatives “should stick to our guns” and oppose President Barack Obama’s efforts to curb gun violence in the wake of the slaughter of 20 children in Newtown, Connecticut.

“Having a gun and gun ownership is part of how people can feel safer,” Santorum explained. “And in my opinion, when you look at the disingenuousness of the [Obama] administration when they met with the NRA, and [Vice President] Joe Biden did. And the NRA brought up the fact that prosecutions for gun crimes and prosecutions for people who lie on their registration forms or gun forms are down under this administration. The vice president responded, ‘We don’t have time to devote to see whether people fill out a form right!'”

Current TV host Jennifer Granholm pointed out that there had been fewer enforcements because the National Rifle Association (NRA) had pushed Republicans to oppose any effort to confirm a head of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).

“Here’s what I would say about that: 50 years ago, you could go on a catalog and buy a gun,” Santorum opined. “There were no restrictions on gun ownership, there were no restrictions on magazines, there were no restrictions on anything and we had a lot less violence in society than we do today. The idea of pointing to the gun instead of pointing to society — and not one thing the president did dealt with Hollywood and gun violence and video games and all the glorification of violence.”

“Armor-piercing bullets, why do you need that?” Granholm interrupted.

“Why do you need to protect Hollywood?” Santorum shot back.

“You’re deflecting,” Granholm observed. “Deer don’t wear armor. Why do you need an armor-piercing bullet?”

“But criminals could,” Santorum quipped.

“And police officers certainly do,” Granholm noted.

“Having the ability to defend yourself is something that is a right in our country,” Santorum asserted.

Throwball American Conference Championship: Ravens @ Patsies

The American Conference Championship is an entirely different ball of wax.  Here you don’t have two teams that are mostly unremarkably objectionable, no better or worse than most, instead you have two positively hateful ones and the question is which evil is lesser?

Fundamentally the Carrion Crows and the Patsies are guilty of the same offense, robbing their host communities to fund huge empty white elephant eyesores that are basically unusable except for 8 days a year to the tune of hundreds of millions.

In the one case the thief, Art Modell, was not quite as successful as Robert Kraft and lost everything except his team contracts and The Bank ($314 million) and in fairness Kraft was able to raise the $420 million for Gillette privately, though it is not in any sense funded by his personal fortune any more than all those architectural monstrosities with Trump plastered on them.

And, if you like rooting for winners, the Ravens don’t even have a suspicion of victory today.  Unless Brady and about half the other Patsie players are suddenly stuck by mysterious illness and injury this is about as close to a sure thing as you get in Throwball.

Nope, as we head into the break week before the Super Bowl the question will be if the creaky old Patsies can stave off the new kids on the block ‘9ers and whether you should even be watching Throwball at all.

Rant of the Week: Bill Maher

It’s Not Your 2nd Amendment Rights That Are Under Attack, It’s All the Other Ones

New Rule: Someone has to tell America’s gun nuts to stop wetting their Army surplus pants about losing the 2nd Amendment. It’s not not your 2nd Amendments rights that are under attack it’s all the other ones.

It used to be that law enforcement couldn’t search you without probable cause. But now we are becoming a quasi-police state, where one minute you’re home quietly reading Fifty Shades of Gray, and suddenly, there’s a SWAT team in your living room waving guns. And you’re goiong “no, no! Kat Williams lives next door.”

Now, last month when no one was taking anyone’s guns from anybody, the Senate voted overwhelmingly to reauthorized a program where they can collect data on any American citizen and hold on to it forever. They can look at your e-mails, your texts, your Skypes …. and not a peep out of the crowd that’s always birching about what the framers intended. In fact the answer from almost everyone seems to be, “oh, what the hell the airport screeners have already seen  my ass anyway.”

The Facebook generation especially doesn’t seem to care that Big Brother knows everything about you. What books you read; what movies you watch; your Match.com account; your other Match.com account when you’re feeling a little freaky and want to meet the sortnof woman your other Match.com account wouldn’t approve of.

Call me old school but I don’t want the Feds googling what I’m googling. It’s bad enough when NetFlix pries into my private life: “If you watched “The Walking Dead” in zombieland, you might also like this interview with John McCain.”

I don’t want the government doing that: “You downloaded this article favoring the legalization of marijuana, you mght also like being incarcerated.”

You know they always say these programs are just to catch terrorists, heh, the next thing you know they’re using them to shut down the pot dispensaries. And that place was right on my way home. Now I’ve gotta go to Valley Village.

Doesn’t anyone care that this is the new normal? I guess not because gun nuts don’t care and neither do liberals. When Bush did warantless wiretapping. oh, he was wiping his ass with the Constitution. But when Obama does it, oh well, whatever helps Jessica Chastain find bun Laden, we’re good with that.

Yeah, both parties compete mightily to appear to be the greater champions of out our freedoms but the only the only thing that has bipartisan support in Washington. is not giving a shit about privacy. And when you talk to the NRA types, as I like to do down at my local Moose Lodge, they actually believe that what protects their rights isn’t laws, or courts, it’s if they have a gun. They think that’s what keeps the government from going too far. Without guns Obama would become an emperor and force everyone to gay marry, but he can’t because a guy in Kentucky named Skeeter has a .22.

Except that, you know while you guys were buying guns to protect your other guns, sittin’ up on the porch there waiting for Obama’s negro army, to come confiscate your weapons and go all Django Unchained on your ass, that’s when we lost all the stuff in the Bill of Rights about trials and juries and warrants.

You see the Red Coats they never wanted your guns, they wanted your liberty and that’s why the Founding Fathers said you could have the gun, dumb ass. And now the only right we have left is the guns and left nothing left to use the guns to protect. We’re like a strip club with a million bouncers and no strippers.

Throwball National Conference Championship: ‘9ers @ Falcons

The Falcons are an expansion team of no particular note.  There’s really no good reason to hate them except the team colors (red and black in case you’re interested) and Michael Vick.  They’ve been historically somewhat ineffective in post-season play relative to their overall winning percentage.

The ‘9ers on the other hand are a storied program tracing their origin back to the All-American Football Conference.  Their ascendancy in the ’80s was roughly co-terminant with the despised ‘boys, but their fans were nowhere near as loud, obnoxious, and arrogant.

Now there are those pointing to the investigation of Michael Crabtree for sexual assault as a reason to favor the Falcons, but I don’t see it.  For one thing they didn’t fly him to the Georgia Dome to ride the pine.  A late breaking development is a second witness that supports his version of events.

In any case this particular edition of the ‘9ers is not a one dimensional team dependent on him or even Colin Kaepernick for that matter.  What they have this year that they lacked last is a solid offensive line that can protect anyone they put in the pocket and open lanes for their rushing game.  It’s not impossible that they’ll lose, it’s just hard to see how.

Austerity, Triple Dip Recessions and Economic Crisis by NY Brit Expat

Sitting there looking vainly at the growth, or lack of it to be more precise, of the British economy quarter by quarter following the introduction of austerity measures is a dubious use of time. So rather than sit there each quarter and discuss a dismal economy, I think the first step is to understand that we are in a world-wide economic crisis of the capitalist system. We also need to understand that the policies being introduced are actually not only extending the current crisis, but given that they are leading to increased income and wealth inequality, they will have a devastating impact upon the working classes in the countries introducing these measures. Moreover, the impact of austerity is not accident, it is being introduced specifically to create the economic contraction and  the increased wealth and income inequality in the hope that private sector will take over the state sector services being undermined.

Capitalismo-1_zpsf6382764_edit photo Capitalismo-1_zpsf6382764_edit_zpsa1dcc66c.jpg

Triple-dip recession?

We need to understand that the introduction of austerity in an economic crisis does not lead to economic growth contrary to the absurd pronouncements of Prime Minister, David Cameron.  Essentially, following a slight blip caused by the Olympics, I suspect we will be witnessing rather bad news. The combination of “beggar thy neighbour” low corporate taxation (to supposedly encourage investment in Britain) and cuts to public spending, services and benefits is not leading to a reinvigoration of the economy; rather the opposite is occurring.

Quite simply, the fall in service sector activity (which accounts for 75% of British economic activity) for the first time in two years (note that it was not in great shape beforehand) means that the economy is contracting.

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