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http://wp.me/p2AI9o-nl3W'Fiscal cliff' deal spared the aged, pundits complain
The outcome of the "fiscal cliff" did not impress many in the corporate media, who have long favored some sort of Simpson-Bowles "grand bargain" that would pair tax increases with spending cuts to so-called "entitlement programs." The last-minute tax deal fell well short on both counts--but the failure to cut benefits seemed to bother more pundits than anything else.
On Meet the Press (12/30/12), NBC's Tom Brokaw complained that Obama "could help himself a lot if he were tougher on the AARP"--by which he meant tougher on seniors, raising the retirement age for Social Security (which is really a cut in benefits--Extra!, 12/12) and "means-testing" Medicare. (When the discussion was taxes, Brokaw insisted that "$250,000 doesn't make you rich," but proposals to means-test Medicare assume that elderly retirees with incomes as low as $85,000 aren't paying enough for healthcare--FireDogLake, 12/14/12.)
Brokaw went on:
In the Washington Post (1/3/13), David Ignatius raised the canard that the self-funded entitlement programs are connected to the budget deficit, arguing that Obama should have
Ignatius concluded that "it's Obama's job to lead the party toward entitlement reforms and other policies that will be painful but necessary."
The Post's Fareed Zakaria (1/4/13) agreed that the "administration did not go far enough on entitlement reforms, and the Democratic Party as a whole is too obstinately opposed to reform in this area."
New York Times columnist Tom Friedman (1/6/13) was more hopeful that Obama would still come around to cutting benefits:
Maybe Obama has a strategy: First raise taxes on the wealthy, which gives him the credibility with his base to then make big spending cuts in the next round of negotiations. Could be. But raising taxes on the wealthy is easy.
Friedman added that "Obama has spent a lot of time lately bashing the rich," and that it was time for him "to stop just hammering the wealthy."
In Time magazine (1/21/13), Joe Klein complained of Democrats:
And liberal Bloomberg columnist Jonathan Alter (1/3/13) criticized Obama's progressive critics before arguing:
Neither Franklin Roosevelt on Social Security nor Lyndon Johnson on Medicare was wedded to any of the particulars of those programs--only the principle of guaranteed support from the government.
It is worth mentioning that Obama did, in fact, support cutting Social Security benefits, endorsing Klein and Alter's idea of a bogus change to inflation measurement in order to siphon money away from older retirees (FAIR Blog, 12/19/12). And the Affordable Care Act has reduced the projected Medicare trust fund shortfall by two-thirds--something that too often escapes media attention.
Beyond that, there are plenty of ways for the federal government to honor its commitments to Social Security recipients and to pay for Medicare without punishing those who rely on these programs for their retirement and their health. The Medicare funding problem is a matter of reducing healthcare inflation--which could be addressed by limiting the growth of payments to doctors and allowing the government to negotiate for lower drug costs, for starters.
Far from being too tough on the rich, the fiscal cliff tax deal was enormously beneficial to the wealthy--with breaks on estate tax and investment income (Washington Post, 1/8/13; CBPP.org, 1/4/13; CTJ.org, 1/10/13). Other potential sources of revenue, like a tax on Wall Street transactions, were basically off-limits.
But these arguments basically do not exist in the corporate media, where well-to-do pundits piously argue that the poor and the elderly should sacrifice retirement benefits or pay more for healthcare as they age
WCLinolVir
(951 posts)Oilwellian
(12,647 posts)Tis the rules around here.
Great find!
eridani
(51,907 posts)I thought we could quote these in full.
Kingwithnothrone
(51 posts)The Great Molochs of the Capitalist Empire are demanding more sacrifices and we intend to make that a reality.
Signed,
The gatekeepers of the ruling class.
Overseas
(12,121 posts)ReRe
(10,597 posts)...I'm not criticizing you, eridani. Thank you for posting this. This just makes me wonder... are they all Fox News now?
Demo_Chris
(6,234 posts)Last edited Mon Jan 14, 2013, 07:55 AM - Edit history (1)
Note how it is always conservative ideas that are floated, even by so-called liberals, as the only sensible and responsible solutions. Our ideas and solutions are rarely mentioned, and when they are it is always dismissively.
The narrative from the media and both parties is that cuts to our social safety net are RESPONSIBLE and NECESSARY. This is presented as a given, all the adults agree, the only question is how much and how fast. NO ONE, and certainly not our party, is saying that we need to increase spending on these vital and critically underfunded programs.
Now the corporate talking points are coming out for the next round of talks, and they are exactly as many of us predicted:
The wealthy have already been hammered by massive tax hikes, and it's time for the other side to share in the sacrifice!
Even President Obama, the radical socialist, thinks we need cuts to social security and entitlements!
10 out of 10 economists interviewed by the media agree that this is the only way!
I want the guy I fought to see elected go out there and represent our party. Not as a part time thing, I want to see this all the time, on every issue. The GOP never abandons their core beliefs, GOP voters never have to wonder if Boehner or Limbaugh will come out tomorrow in favor of massive tax hikes for the wealthy, gutting the military, single payer healthcare, and massive infrastructure spending. They know that tomorrow Hannity won't be pro-choice.
We, on the other hand, don't have a freaking clue what our leadership is going to do next. We cannot let our guard down for a second.