This Video Explains Why Economists Say The Weird Things They Say

Have you ever wondered why an economist would say that giving tax cuts to the rich makes the economy better? Or why they say that getting rid of unions is good for the economy?

Watch this to learn why some economists say things like this:

Rachel Maddow shares details of a report showing Koch brothers funding behind an economic report flattering to conservative economic policies.

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Here’s A Fresh, New Idea: Hire Some People To Fix Infrastructure!

Washington is embroiled in a round of budget-cutting fervor. There is a “budget conference” going on. There are rumors that “deals” are being made behind closed doors. How much to cut? Who to hurt? Who to lay off or furlough next?

Here’s the thing. The American Majority wants jobs. They want Congress working on jobs. (They also want Congress working on jobs for more than 5 days this month.)

Here’s a fresh, new idea: hire some people to fix the aging infrastructure. Ever since the Reagan tax cuts the country has been deferring essential maintenance. Everyone said, “If you do this, later you’ll be sorry.” Now it’s later, and we’re really sorry. Bridges are falling down. The power grid is ridiculous, as in “worthy of ridicule.” Etc., etc. We’re $3.6 trillion behind — $3.6 trillion that went out to the wealthy as tax cuts instead of used for infrastructure investment. P.S. click that link.

How many people would be hired if we just caught up to doing that deferred infrastructure maintenance — never mind crisp, new, modern, energy-efficient, 21st-century power grid and ports and roads and rail that would increase our country’s competitiveness internationally? $3.6 trillion of work that has to be done anyway, and we really need to employ Americans today. The longer we hold off, the more it costs and the more damage is done.

Speaking of damage done, here’s a simple infrastructure idea: hire some people to install speed regulation systems in trains.

It isn’t hard to realize this. In fact, not hiring people to fix the infrastructure now is intentional. It’s about keeping unemployment high and taxes on the wealthy low. Desperate, hungry people don’t ask for raises, and don’t demand their rights. They’ll take any nasty, humiliating, low-wage job they can find and will be told they should be thankful to have it.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary

Food Stamps Cut Just In Time For Thanksgiving

This is that time of year when newspapers bother to write about how there are hungry people in America. But this year is special. As the recession drags on for the non-1%, cuts in Food Stamps have completely swamped the capacity of food banks and other non-government assistance. Meanwhile pending cuts in unemployment compensation and even more cuts in Food Stamps and other assistance programs mean things will get much worse for millions of invisible Americans.

Hunger Cliff

Have you heard about the Nov. 1 “Hunger Cliff?” On November 1 the Food Stamp program was cut. Millions of Americans are out of work, unemployment benefits have run out (and been cut), winter is arriving in force, but Congress allowed a temporary, recession-boosted increase in the Food Stamp program to run out! $5 billion in urgently-needed assistance just went away.

Terrance Heath told the story in 47 Million Americans Are Going Over the “Hunger Cliff”, writing “Millions of Americans will plunge over the “Hunger Cliff” tomorrow, when $5 billion in cut to food stamps go into effect tomorrow. While Congress negotiates even more cuts, millions of Americans will face negotiating where their next meal will come from.”

Food Banks Swamped

The “Hunger Cliff” has hit people hard. The cuts mean people just can’t get enough to eat. Hungry people are swamping the food banks.

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Corporations Owe Hundreds Of Billions Of Taxes But GOP Goes After Federal Employees

Congress is again fighting over the budget with Republicans now demanding cuts in federal employee benefits. Is this really about the budget? Or is it about destroying government? Meanwhile hundreds of billions of taxes owed by corporations remain uncollected.

The recent Republican shutdown of the government ended with the can being kicked down the road, and the budget still in sequester and unresolved. The temporary funding runs out mid-January, and negotiators are trying to come up with a compromise. But Republicans insist that only cuts will be allowed, and that the sequester spending levels are the new normal.

Going After Federal Employees

Federal employees have endured a pay freeze for three years. They were furloughed during the government shutdown, they face ongoing furloughs because of the sequester cuts, and now they are being threatened with cuts in pay and pensions. WaPo reported in October that GOP lawmakers are eying federal-retiree benefits in upcoming budget talks.

Federal employees are bracing for the possibility of paying more toward their retirement benefits as political leaders slowly renew budget discussions with an eye toward deficit reduction. House Republicans and President Obama have both proposed the change in order to achieve savings.

Also, according to the American Federation of Government Employees (AFGE),

To replace sequestration, House leaders have proposed cuts to federal employees’ pensions and benefits the elderly, the sick and the poor receive through Social Security and Medicare. It’s important to note that cutting Social Security benefits directly affects federal employees.

By the way, this is not part of the budget negotiations, but three Republican Senators have introduced a bill to just do away with pensions entirely.

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Absolute Must-Watch: Moyers And Henry Giroux

Zombie Politics: Scholar Henry Giroux says America’s current political system is leading to a culture where people are so focused on surviving, they become like ‘the walking dead.’

From Moyers’ site:

In his book, Zombie Politics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a “machinery of social and civil death” that chills “any vestige of a robust democracy.”

This week on Moyers & Company, Giroux explains that such a machine turns “people who are basically so caught up with surviving that they become like the walking dead – they lose their sense of agency, they lose their homes, they lose their jobs.”

What’s more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under “casino capitalism,” the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.

A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV Network Chair in the English and Cultural Studies Department at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.

Imagine Democracy

“We the People.” How many of us have really thought through the implications of these three words? Can people today even imagine a government that is on the side of We the People, instead of being rigged to benefit the already-wealthy and crush the hopes and efforts of the rest of us?

Since the early 1970s corporate/conservative-funded interests have pounded the public 24/7/365 with unceasing propaganda promoting the idea that government can’t do anything right, business always does everything better and more “efficiently,” market solutions (one-dollar-one-vote) are better than public (one-person-one-vote) solutions, and so on.

Meanwhile democracy does not have a marketing budget, and for so long now so many people have not even heard that there can be another side, another approach to solving our problems and making our lives better. People just hear over and over that “government is bad, efforts to do things for each other are bad, but private business for profit is good.”

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Economic Sabotage: Republicans Obstruct Infrastructure Work

There is consensus across the (sane) spectrum that the country absolutely needs to repair and modernize our infrastructure. There is widespread agreement this will help the economy now and in the future, and will create jobs. But Republicans in Congress refuse to allow infrastructure projects to proceed. Why? Because doing so will help the economy now and in the future, and will create jobs. Republicans in Congress are committing economic sabotage, and they know it.

Consensus

There is a bipartisan consensus — it even includes the Chamber of Commerce! — that the country has fallen behind and must maintain and modernize our infrastructure for the good of our economy.

President Obama talked about infrastructure in Jacksonville in July, saying,

We know strong infrastructure is a key ingredient to a thriving economy. That’s how the United States became the best place in the world to do business.

On the other end of things the Chamber of Commerce’s “Jobs & Growth Agenda” includes a section on “Reliable and Secure Infrastructure.” The Chamber says,

The U.S. Chamber is leading the charge to improve the quality of America’s infrastructure—whether it’s transportation, energy, or water networks—all of which directly impact our ability to compete in the global economy.

By modernizing our national infrastructure, we can improve commercial efficiency, increase U.S. competitiveness in the global economy, and create much-needed jobs in the near term.

Here are just a few of the other voices supporting a boost in infrastructure spending:

USA Today, USA’s creaking infrastructure holds back economy

Fareed Zakaria, Fixing infrastructure would help fix economy

Alliance for American Manufacturing, How Infrastructure Investments Support the U.S. Economy: Employment, Productivity and Growth

Business Insider, STUDY: Every $1 Of Infrastructure Spending Boosts The Economy By $2

Consensus vs. Obstruction

The Chamber of Commerce might say they are “leading the charge” but the Republicans in the Congress are obstructing the troops.

After the President asked for just a bit more infrastructure work, please, the Senate Republican leader responded, “No!” The House Republican leader has said that fixing the infrastructure is “more stimulus spending doomed to fail.”

The kook right (perhaps that should read “Koch right”) that really “leads the charge” for Republicans these days says Infrastructure Spending Is Not the Federal Government’s Business or that infrastructure spending is just more “big government.” Heritage Foundation claims here that government spending on infrastructure “takes money out of the economy”. Some of the (Koch-funded) kooks even actually claim that investing in infrastructure hurts the economy.

Obstruction Agenda Is Sabotage, Not Ideology

Look at this chart from the Financial Times’ FT Alphaville, The collapse of US infrastructure spending, charted:

This looks like lots of other recent charts, like the ones that show consumer confidence plunging in the face of Republican obstruction of everything (and especially their repeated hostage-taking over the debt-ceiling and their shutting down the government.) It is clear all of these things hurt the economy, and they continue to do them.

Maintaining the infrastructure is not about ideology. Even the conservative Chamber of Commerce understands that you have to maintain the roads and bridges, etc., and that it damages the economy if you don’t. And yet we don’t, and the obstruction continues.

So this is about a different agenda. Paul Krugman says it best at his blog,

This kind of behavior — ever-shifting rationales for an unchanging policy (see: Bush tax cuts, invasion of Iraq, etc.) — is a “tell”. It says that something else is really motivating the policy advocacy.

It is past time to argue that the Republican obstruction is hurting the economy, because it just is, and they know it. It is also past time to argue that they are doing this for some kind of ideological reason. Investing in infrastructure is not about ideology. Austerity is not about ideology.

Hurting the economy is not about ideology. There is a different agenda at work here. This is not an argument between differing visions of how best to help our economy. When this much is being done, hurting the economy again and again, and when the results of these actions are clearly that we are all being harmed, and yet it continues, this is not an accident. It is an agenda.

Economic Sabotage — Why?

So it is past time to argue if they are hurting the economy – that is settled. It is economic sabotage. There is no longer any question.

Now it is time to talk about why they are doing this.

Is it to damage Democratic election prospects? Are they betting that by making everyone feel enough pain, and blaming Democrats and President Obama, they can make people forget who got us into this mess? Do they think that economic sabotage will get them votes? That is the most charitable theory. Considering that much of the funding of the apparatus of the right that is behind this is secret, there are worse conclusions that could understandably be reached.

Democrats: The Filibusters Aren’t Stopping — What Are You Going To Do About It?

Senate Democrats, there have been over 400 filibusters. What are you going to do about it? We the People want to know. We thought we had elections. We thought things were decided and the country could finally move forward.

Are We the People the boss here, or are the billionaires and giant corporations behind this obstruction in charge?

Obstruction Of The People’s Will

Everything that We the People want to get done is being obstructed. In the Senate there is what the corporate media call “a requirement to get 60 votes for anything to pass” and in the House there is the “Hastert Rule” that prevents legislation from getting a vote if a majority that would pass it includes Democrats.

The country is being held back by an intentional strategy to block economic recovery and obstruct change that the public wants, so that Republicans can campaign for office saying the economy is bad so vote for us, and then mocking democracy saying, “How’s that hopey-changey thing workin’ out for ya?”

Are you going to do something about it? Are you going to deliver for We the People? We elected you to use the power of your office to deliver for us.

They sure are delivering for the billionaires and giant corporations who are paying them to do this.

Senate Democrats: What are you going to do about it? Who is the boss, We the People or the billionaires and giant corporations paying for the obstruction?

Here is Rachel Maddow interviewing Senate Majority Leader Harry Reid this week:

Please visit Fix the Senate Now.

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This post originally appeared at Campaign for America’s Future (CAF) at their Blog for OurFuture. I am a Fellow with CAF. Sign up here for the CAF daily summary