As Republicans threaten to throw the U.S. economy into a new crisis by not raising the debt ceiling, Democrats have given ground time and again, erasing one line in the sand after another. But is this self-inflicted crisis real or just another political game, asks Danny Schechter.
Exclusive: At every turn of the debt-ceiling battle, Republicans repeat the talking point that Washington doesn’t have a “revenue problem,” but a “spending problem” – as if saying so makes it true. But the reality is that today’s debt crisis is driven more by George W. Bush’s tax cuts than anything else, as Sam Parry…
The dangerous political and economic trends of the past three decades are coming to a head in Washington current debt battle. The Right is armed with its anti-government extremism and its vast propaganda machine, while the Democrats seek compromise and the Left remains disorganized, as Danny Schechter notes.
The Tea Party crowd idolizes the America’s Founders along with today’s corporate titans, whose taxes must be kept low so they can be the great “job creators.” But the contrast is striking, since the Founders risked everything for the country while today’s rich won’t even take the chance of hiring some extra workers, Michael Winship writes.
Sen. Rand Paul, a Tea Party favorite, likens the idea that every American should have a right to healthcare to the imposition of “slavery” on doctors like him and their staffs, a bizarre and extreme analogy that Lawrence Davidson dissects in this guest essay.