Showing posts with label Ronald Reagan. Show all posts
Showing posts with label Ronald Reagan. Show all posts

Sunday, May 22, 2016

Tough Talk

News of the downing of EgyptAir Flight 804 had barely crossed the wire before Donald Trump hopped on Twitter to declare the incident an act of terrorism. The strong man routine fits his profile, after all, his “foreign policy” includes “knocking the hell” out of ISIS, which is an applause line, not a strategy. The media is quick to bolster his tough guy image but we have seen this movie before and the bark is always worse than the bite.

In Nixon’s time, it was called the “madman” strategy – Nixon wanted his adversaries in China and North Vietnam to think he was such a loose cannon, he might unleash nuclear weapons to settle the Vietnam War. The only people who suffered were the innocent Vietnamese people, who were subject to a bombing campaign unseen in the history of war, and the soldiers on both sides who died in the jungles of Southeast Asia. When the bombs failed to work, “peace with honor” and “Vietnamization” became a rebranding effort for admitting a victory could not be won. For all his bluster, the peace treaty Nixon agreed to in 1973 was no better a deal than had been offered five years previously.

Less than a decade later, another swaggering cowboy named Ronald Reagan rode into Washington, D.C. promising to stand tall against the Commies. After-the-fact mythologizing claims the Iranians so feared Reagan they released our hostages the day he was sworn in, but in reality, the deal had been cut weeks before, the hostages were held until Carter left office as a final humiliation to the one-term President not because the mullahs were afraid of Reagan. 

Indeed, just a few years later Reagan was selling arms to the Iranians to get hostages freed in Lebanon; this, after tucking tail and running from Beirut after our embassy was bombed in 1983. As detailed in Rachel Maddow’s book Drift, Reagan’s team could not even invade Grenada properly. The mission was bungled so badly, dozens of soldiers died. 

And if the old saying “fool me once, shame on you, fool me twice, shame on me” applies, it is uncertain what happens when we are fooled a third time, but that is exactly what happened when George W. Bush came into office. An Ivy-League educated son of privilege, “W” packaged himself as a Texas cowboy who loved nothing more than spending his down time (which was considerable) clearing brush at his ranch. Of course, he and his aides ignored warnings about Al Qaeda and even after September 11th, standing amid the rubble of the World Trade Center, his chesty proclamations would end up being largely hollow. Well before Iraq turned into a quagmire, he had failed to capture or kill the perpetrator of 9/11. Ultimately, he slinked out of office with record low approval ratings, the country trillions in debt and scarred by his actions.

Now, here comes Trump. A man who avoided serving in the Vietnam War and whose knowledge of the military could fit comfortably in a thimble. His rhetoric makes Bush’s “dead or alive” threats to Bin Laden and “axis of evil” non-sense look both sober and tame in comparison. Will Americans fall for the tough guy routine again?


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Sunday, December 20, 2015

Deficits Do Not Matter

Before our economy blew up in 2008 and before George W. Bush invaded Iraq under false pretenses, a guy named Paul O’Neill, who you might remember as Bush’s first Treasury Secretary, was shut down by Vice President Cheney when O’Neill attempted to throw cold water on another round of tax cuts the Bushies were plotting for 2003. According to O’Neill, Cheney brusquely observed that “Reagan taught us deficits don’t matter.” The tax cuts got enacted and O’Neill was shitcanned shortly after his face-to-face with Cheney. 

But a funny thing happens any time a Democrat is handed the keys to 1600 Pennsylvania Avenue. Suddenly, those profligate Republicans who gladly starve the government of actual money and borrow it instead, become very concerned about budget deficits and debt. It happened when Bill Clinton was President and came back with even greater force once Barack Obama took office. 

Once Republicans took over the House, and continuing when they assumed power in the Senate, any time Obama wanted to do something like extend unemployment insurance to people who were out of work because of the crippling effect of the Great Recession, there was a demand for a so-called “offset” - a dollar for dollar removal of funds from place A to fund priority B. It got so bad that emergency funding for New Jersey and New York after Superstorm Sandy was held up for weeks while Congress quibbled over the small details. That tens of thousands suffered needlessly seemed of no moment. Of course, none of this was required when George W. Bush was spending hundreds of billions in Iraq, Medicare was expanded to provide a prescription drug benefit, or when tax cuts were enacted in 2001 and 2003 that drained the Treasury of needed money just as we were embarking on that grave error of an invasion in the Middle East.

There were few voices louder in demanding austerity and cuts to social programs, while simultaneously cutting taxes even more than Paul Ryan. While his economic view was roundly panned when he was made Mitt Romney’s Vice Presidential running mate in 2012, Ryan never gave up the ghost. Now that he has risen to the third-most powerful office in the land, you would think a journalist such as Chuck Todd would devote a significant portion of time when interviewing now-Speaker Ryan about the recently enacted federal budget and a companion bill that cut taxes by nearly $700 billion over ten years. Yes, you read that right, SEVEN HUNDRED BILLION DOLLARS - but you would be wrong. Here is their entire exchange:



What does this even MEAN? “by keeping taxes where they are that means we’re keeping them where they are.” Yes, yes you are, sir. “Not raising taxes is not cutting taxes.” WHAT? This is the same guy who helped block a $9.7 billion unemployment extension in 2014 because it did not have offsets and the same guy who voted against the emergency relief bill after Superstorm Sandy, but is totally fine with handing almost $700 billion in tax cuts, mostly to corporations and businesses, without cuts elsewhere to make up the difference. No mention of how this will require more borrowing and increase the deficit over time. No questioning of why it is suddenly okay to increase the deficit when it was supposedly such a huge problem less than five years ago. Nope. Nada. Nothing. 

Unsurprisingly, this steaming pile of horse manure got no follow-up from the guy who hosts the top rated Sunday morning talk show in America. The media literally spent months not too long ago obsessing over the need for a “grand bargain” that would rein in the supposedly swollen deficit that risked destroying the nation. Of course, as the budget deficit has receded, less and less time has been spent reporting on it and even less interest in calling out shameless politicians who are happy to stick it to people without jobs or a home so long as the bill being signed has a whiff of bipartisanship and a novelty beard attached to it. 

To recap, Chuck Todd asked a whole ONE question about this apparent hypocrisy, Paul Ryan gave a word salad answer that literally made no sense, and Chuck Todd moved on. So, the next time Republicans refuse to pay for something or claim we cannot afford it, do not expect Chuck Todd, or anyone else in the Beltway media to question it. 


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