These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.
Wait—Texas? Wasn't Texas supposed to be thriving even as the rest of America suffered? Didn't its governor declare, during his re-election campaign, that 'we have billions in surplus'? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years.
And that reality has implications for the nation as a whole. For Texas is where the modern conservative theory of budgeting—the belief that you should never raise taxes under any circumstances, that you can always balance the budget by cutting wasteful spending—has been implemented most completely. If the theory can't make it there, it can't make it anywhere.
Tags: politics economics united-states new-york taxes california deficit-spending texas new-jersey 2010 2011 balanced-budget budgets economy-of-california economy-of-new-jersey economy-of-new-york economy-of-texas economy-of-the-united-states financial-crisis-of-2007-2011 governor-of-texas rick-perry state-governments-of-the-us texas-elections-2010 united-states-elections-2010
The great cause of the new Republican intake is the reduction of the deficit but to anyone seeking evidence of sincere attempts at deficit-reduction the evidence is baffling.
The Republicans showed before Christmas that they would seek to reduce the deficit but not when it came to a matter of the tax breaks that had aggravated the deficit in the first place.
Now there's a date set for the abolition of Barack Obama's healthcare plan, parts of which only came into operation at the start of this month. The Republicans are out to destroy the plan. Or, more precisely, to pretend to destroy the plan in the name of making good on election pledges. The measure won't get past the Senate.
But suppose it did get past the Senate, what effect would this have on the deficit? The answer is it would aggravate the deficit. Somehow, somewhere, there's an override mechanism that makes destroying Obamacare more important than destroying the deficit. If only one could figure out how it works.
Tags: politics united-states christmas barack-obama 2010 united-states-senate republican-party-united-states bush-tax-cuts 2011 united-states-elections-2010 healthcare-reform healthcare-reform-in-the-us presidency-of-barack-obama united-states-public-debt
If Feingold does it, if he wins this race in this year, it will not be as just another Democratic senator. It will not be as a maverick, nor even as an idealist. It will be as a signal that maybe, just maybe, people power can still beat the money power. That senators aren't just extensions of parties and presidents, and that politics can be about something more than Democratic toothpaste versus Republican toothpaste.
John NicholsTags: politics idealism democratic-party-united-states 2010 republican-party-united-states united-states-elections-2010 politics-of-the-united-states ron-johnson russ-feingold us-senate-wisconsin-2010
It's almost hard to imagine anything more undemocratic than the view that political officials should not debate American wars in public, but only express concerns 'privately with the administration.' That's just a small sliver of Johnson's radicalism: replacing Feingold in the Senate with Ron Johnson would be a civil liberties travesty analogous to the economic travesty from, say, replacing Bernie Sanders with Lloyd Blankfein.
Glenn GreenwaldTags: politics war democracy economics conservatism civil-liberties radicalism 2010 united-states-senate united-states-elections-2010 ron-johnson russ-feingold us-senate-wisconsin-2010 bernie-sanders lloyd-blankfein right-wing
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