Perrspectives - Bringing light to Darkness

Category: Budget/Deficit

April 25, 2011
The "Half a World War II" Debt Solution

The United States was slowly recovering from economic catastrophe. Its military forces were deployed worldwide in a global conflict to defeat what even the President's political opponents deemed an existential threat. U.S. national debt would soon top 100% of the nation's entire economic output. And the top marginal income tax rate was 94%. The year […]

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April 24, 2011
Republican Economic Terrorism

The USA Patriot Act defines "domestic terrorism" in part as activities intended "to intimidate or coerce a civilian population; to influence the policy of a government by intimidation or coercion; or to affect the conduct of a government by mass destruction, assassination, or kidnapping." By that standard, the current GOP campaign of budgetary hostage-taking over […]

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April 23, 2011
The Republican Truth Deficit on the Debt Ceiling

With the deadline on raising the $14.3 trillion U.S. debt ceiling fast approaching, grandstanding Republicans are threatening national economic suicide. If it comes, the means of death will have been a fatal dose of hypocrisy. After all, GOP majorities in Congress didn't merely vote seven times to boost the ceiling - and double the national […]

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April 20, 2011
Business Leaders Warn GOP on Debt Ceiling Disaster

Nothing focuses the mind, it is said, like the sight of the gallows. So it is for the American business community as the clock ticks down on the looming deadline to raise the U.S. debt ceiling. Over the past few days, the U.S. Chamber of Commerce, Wall Street executives, the National Association of Manufacturers and […]

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April 19, 2011
Republicans Violate Their "Seniors' Bill of Rights"

That didn't take long. As the battle over health care reform reached a fever pitch in the fall of 2009, the Republican National Committee rolled out a "Seniors' Bill of Rights." But with the midterms safely won, the GOP has predictably turned its back on its pledge of "no cuts to Medicare to pay for […]

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April 18, 2011
10 Epic Failures of the Bush Tax Cuts

As Tax Day 2011 arrives, the distance between the tax debate and tax reality has perhaps never been larger. New data from the IRS revealed that over since the mid-1990's, the richest 400 taxpayers saw their incomes double and their tax rates halved. Overall, the gilded-class has seen its effective tax rates plummet. Meanwhile, prosecutions […]

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April 16, 2011
Republicans Were Against Ryan Plan Before They Were For It

In a telling moment during the run-up to the midterm elections last fall, Congressman Paul Ryan declared of his proposed Roadmap for America's Future, "My plan is not the Republican Party's platform and was never intended to be." Not, it turned out, until after Election Day. Because while 235 House Republicans with Speaker John Boehner's […]

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April 13, 2011
The Real Standard for Seriousness on the Debt

Last week, the political chattering classes praised Republican Paul Ryan's "serious" budget proposal to slash $4.3 trillion in spending in order to fund yet another round of upper-income tax cuts. But over just the past few days, the New York Times' David Leonhardt, Slate's Annie Lowery and Ezra Klein of the Washington Post offered a […]

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April 12, 2011
In Budget Deal, GOP Handcuffs the IRS. Again.

Among the $39 billion in spending cuts contained in the budget deal reached last, one stands out as perhaps the most cynical - and counterproductive. Republicans insisted that the Internal Revenue Service receive no additional funding through September, rebuffing President Obama's request for an additional $600 million to crack down on the tax fraud, evasion […]

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April 11, 2011
Boehner's Double-Dealing on the Debt Ceiling

When George W. Bush sat in the Oval Office, Republican majorities in Congress voted seven times to increase the U.S. debt ceiling. That recent history, combined with the inconvenient truth that the national debt tripled under Ronald Reagan and doubled again under Bush, may have prompted then Minority Leader John Boehner to warn his GOP […]

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Jon Perr
Jon Perr is a technology marketing consultant and product strategist who writes about American politics and public policy.

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