Tax Cuts for the Rich

Ezra Klein has a great picture to illustrate what the Republican tax cuts are all about.

If you are not rich the Republican party is NOT for you, period. They are the party that ONLY represents rich people and corporations, like their whining that Obama was being too tough on BP in making them pay for the oil spill and it's consequences. Boo Hoo, poor, poor BP people. Tony Hayward had to take his multi-million dollar salary and move to Siberia. How terrible.

Obama's Accomplishments

Ezra Klein talks about Obama's accomplishments on his blog, talking about the cash for clunkers program, which was wildly successful in every possible way:

But the policy wasn't popular. Few liked it. Some thought it socialism. Some thought it cronyism. Which presents, of course, a difficulty for the White House: Saving millions of jobs and the American auto industry at an ultimately very small cost to the taxpayer is the sort of major policy accomplishment you should be able to run for reelection on. But what if people don't really understand that you did it, or that it worked, or that it didn't cost them much?

This isn't the only time this has happened. Obama changed health care in America, the biggest accomplishment of it's kind since Medicare was passed in 1964, he should be riding high off of that, but he didn't get the credit he should have.

Republicans bashed him and what they called "ObamaCare" they called socialism. It seems like those so upset over socialism haven't a clue what it means because there is nothing socialist about the new health care bill, and that upsets those on the left. We all wanted a single payer system but Obama took that off the table right away, then we wanted the public option but he sold that option to the health care companies so they wouldn't oppose him.

And people are still complaining about the government getting in between you and your doctor even though there is no way for that to happen. It will STILL be what it's always been, your insurance company getting in the way of you and your doctor. That's because the government has little to do with any of this except to subsidize some people who are too poor to meet the insurance companies outrageous fees.

Why do so many still think absurdities about ObamaCare? Because the Republicans are excellent at getting their message out and Obama is very feeble at it. The right wingers lie all the time and because there is a huge amount of right wing media out there the lies get told over and over until many people believe it. But Obama's message doesn't get told very often at all.

Obama and every member of his administration should be out there talking themselves up 24/7 but they don't do it. The single sound bite they get out gets lost in the conglomeration of of media out there these days. Obama has accomplished a lot, most nobody knows about and the rest are unpopular because the right wing has lied about it.

The Stimulus

Image via Wikipedia

Despite what everyone says Obama's stimulus WAS successful, it kept us (and possibly the world) from going over the cliff. The problem was that it was too small, which Paul Krugman tried to warn them about.

The Obama team made 2 major miscalculations; the first was that they underated the severity of the recession, they didn't think they need something huge, that the economy would bounce back like it always does, boy, were they wrong. The second was that they thought they would be able to come back and do a second stimulus, not realizing that there was no rationality left in the Republican party, they were perfectly willing to let the economy collapse in order for them to get elected and win back majorities in both houses.

Ezra Klein goes into more detail, here's an excerpt:

Ten percent unemployment and a terrible recession ended up discrediting the people trying to do more for the economy, as their previous intervention was deemed a failure. That, in turn, empowered the people attempting to do less for the economy. So rather than a modestly sized stimulus leaving the door open for more stimulus if needed, its modest size was used to discredit the idea of more stimulus when it became needed.

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• How Did We Know The Stimulus Was Too Small? (krugman.blogs.nytimes.com)