The two parties are miles apart on how to cut the deficit and national debt: Republicans want to slash spending even more. Democrats want to raise revenue.
And then there are the other Democrats — the ones who reject the entire premise of the current high-stakes fiscal fight. There’s no short-term deficit problem, they say, and there isn’t even an urgent debt crisis that requires immediate attention.
What motivates so many evangelicals—with their preference for heavenly
treasure and their devotion to the Bible, a book full of diatribes
against wealth—to support an economic agenda of free-market
fundamentalism and less progressive tax policy?
The Joneses are surrendering!" a TV news reporter proclaims. "The family with whom we've tried to keep up is throwing in the towel!" The camera pans to four desperate looking people standing in front of a large house. "We've had it," the wife says. "We're exhausted. We never see each other. And we have so much debt that we can't keep up anymore. It's just not worth it."
This video from American Public Media's Marketplace isn't the
funniest Dr. Seuss ripoff ever, but it does accomplish the unlikely feat of
making the health-care arms race entertaining. If your hometown's plan for
prosperity involves becoming the next Pittsburgh--where the iconic U.S. Steel
Tower now wears the initials of the University of Pittsburgh Medical
It's official: Congress passed a debt-ceiling deal, and the president signed it. While this is certainly preferable to the
country defaulting on its obligations, it's not an
inspiring piece of legislation.
"In these tough times, Americans are tightening their belts—and their
government needs to do the same." This bipartisan applause line is pithy, full of populist empathy and easy to
understand. It's also exactly wrong.