Friday, June 25, 2010

Inventing a Nation of Deficit Hawks

FAIR writes Inventing a Nation of Deficit Hawks.

"Republicans and conservative Democrats in Congress like to argue that public concern over federal budget deficits makes it impossible to pass a new round of job-creating stimulus spending. And corporate media like to echo these sentiments, despite there being little evidence that citizens are as concerned about these issues as inside-the-Beltway deficit hawks."

"But most recent polls show far more public concern over unemployment than deficit spending or the federal debt. As FAIR noted (FAIR Blog, 5/19/10), recent surveys from CBS/New York Times and NBC/Wall Street Journal asked voters to rank problems facing the country. Unemployment was more important by a spread of 49 percent to 5 percent in the CBS/NYT poll, 35 percent to 20 percent in the NBC/WSJ survey, and 47 percent to 15 percent from a recent Fox poll. Blogger Ben Somberg raised similar questions (6/19/10) in response to the Post story."

If only we had a president who was gifted at explaining things to people and believed Paul Krugman.

1 comment:

Anonymous said...

People have watched Obama and the democrats pass a health care bill, throw several trillion dollars at Wall Street, pass a big stimulus package (that not so stimulating), and they are still waiting to see what's in it for them.

Sure their taxes have gone down a little, but compared to the record bonuses on Wall Street that is little consolation. Obama had the future of the nation in his hand and he couldn't handle it. If he had shown strong leadership and held Wall Street accountable for their actions, he could have been the second FDR. Instead he shows no instinct for real leadership and does not challenge the status quo as he promised to do.

The majority of Americans have figured out that they were fleeced by Wall Street, aided and abetted by the Federal government over the last 10 years. Obama only had to tell the truth, demand accountability from those who so severely damaged the economy, and he would now have the country behind him 100%. If he had done this, he could run up the deficit to 20 trillion dollars and people would be saying, as Duck Cheney once did - "deficits don't matter".

Unless the economy improves dramatically, Obama will likely be a one term president in the mold of Jimmy Carter..... a smart well-intentioned man, who failed to grasp the meaning of the presidency to the average American. They don't want a professor, they want a champion.

TT