mommy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1


[image: The New York Times] <http://www.nytimes.com/>


------------------------------
 October 28, 2010
 Divided We Fail By PAUL
KRUGMAN<http://topics.nytimes.com/top/opinion/editorialsandoped/oped/columnists/paulkrugman/index.html?inline=nyt-per>

Barring a huge upset, Republicans will take control of at least one house of
Congress next week. How worried should we be by that prospect?

Not very, say some pundits. After all, the last time Republicans controlled
Congress while a Democrat lived in the White House was the period from the
beginning of 1995 to the end of 2000. And people remember that era as a good
time, a time of rapid job creation and responsible budgets. Can we hope for
a similar experience now?

No, we can’t. This is going to be terrible. In fact, future historians will
probably look back at the 2010 election as a catastrophe for America, one
that condemned the nation to years of political chaos and economic weakness.


Start with the politics.

In the late-1990s, Republicans and Democrats were able to work together on
some issues. President Obama seems to believe that the same thing can happen
again today. In a recent interview with National Journal, he sounded a
conciliatory note, saying that Democrats need to have an “appropriate sense
of humility,” and that he would “spend more time building consensus.” Good
luck with that.

After all, that era of partial cooperation in the 1990s came only after
Republicans had tried all-out confrontation, actually shutting down the
federal government in an effort to force President Bill Clinton to give in
to their demands for big cuts in Medicare.

Now, the government shutdown ended up hurting Republicans politically, and
some observers seem to assume that memories of that experience will deter
the G.O.P. from being too confrontational this time around. But the lesson
current Republicans seem to have drawn from 1995 isn’t that they were too
confrontational, it’s that they weren’t confrontational enough.

Another recent interview by National Journal, this one with Mitch McConnell,
the Senate minority leader, has received a lot of attention thanks to a
headline-grabbing quote: “The single most important thing we want to achieve
is for President Obama to be a one-term president.”

If you read the full interview, what Mr. McConnell was saying was that, in
1995, Republicans erred by focusing too much on their policy agenda and not
enough on destroying the president: “We suffered from some degree of hubris
and acted as if the president was irrelevant and we would roll over him. By
the summer of 1995, he was already on the way to being re-elected, and we
were hanging on for our lives.” So this time around, he implied, they’ll
stay focused on bringing down Mr. Obama.

True, Mr. McConnell did say that he might be willing to work with Mr. Obama
in certain circumstances — namely, if he’s willing to do a “Clintonian back
flip,” taking positions that would find more support among Republicans than
in his own party. Of course, this would actually hurt Mr. Obama’s chances of
re-election — but that’s the point.

We might add that should any Republicans in Congress find themselves
considering the possibility of acting in a statesmanlike, bipartisan manner,
they’ll surely reconsider after looking over their shoulder at the Tea
Party-types, who will jump on them if they show any signs of being
reasonable. The role of the Tea Party is one reason smart observers expect
another government shutdown, probably as early as next spring.

Beyond the politics, the crucial difference between the 1990s and now is the
state of the economy.

When Republicans took control of Congress in 1994, the U.S. economy had
strong fundamentals. Household debt was much lower than it is today.
Business investment was surging, in large part thanks to the new
opportunities created by information technology — opportunities that were
much broader than the follies of the dot-com bubble.

In this favorable environment, economic management was mainly a matter of
putting the brakes on the boom, so as to keep the economy from overheating
and head off potential inflation. And this was a job the Federal Reserve
could do on its own by raising interest rates, without any help from
Congress.

Today’s situation is completely different. The economy, weighed down by the
debt that households ran up during the Bush-era bubble, is in dire straits;
deflation, not inflation, is the clear and present danger. And it’s not at
all clear that the Fed has the tools to head off this danger. Right now we
very much need active policies on the part of the federal government to get
us out of our economic trap.

But we won’t get those policies if Republicans control the House. In fact,
if they get their way, we’ll get the worst of both worlds: They’ll refuse to
do anything to boost the economy now, claiming to be worried about the
deficit, while simultaneously increasing long-run deficits with
irresponsible tax cuts — cuts they have already announced won’t have to be
offset with spending cuts.

So if the elections go as expected next week, here’s my advice: Be afraid.
Be very afraid.

    More in Opinion (3 of 22 articles) Op-Ed Columnist: The Next Two
Years<http://www.nytimes.com/2010/10/29/opinion/29brooks.html?src=un&feedurl=http%3A%2F%2Fjson8.nytimes.com%2Fpages%2Fopinion%2Findex.jsonp>

Read More 
»<http://www.nytimes.com/2010/10/29/opinion/29brooks.html?src=un&feedurl=http%3A%2F%2Fjson8.nytimes.com%2Fpages%2Fopinion%2Findex.jsonp>
Close

 __._,_.___
  Reply to sender <[email protected]?subject=divided+we+fail> | Reply to
group <[email protected]?subject=divided+we+fail> | Reply via web
post<http://groups.yahoo.com/group/DailyKos/post;_ylc=X3oDMTJyNGRhdDhlBF9TAzk3MzU5NzE0BGdycElkAzE2ODk0MTE3BGdycHNwSWQDMTcwNTA4Mzc2NARtc2dJZAMzNzE3NQRzZWMDZnRyBHNsawNycGx5BHN0aW1lAzEyODgzNjEwODI-?act=reply&messageNum=37175>|
Start
a New 
Topic<http://groups.yahoo.com/group/DailyKos/post;_ylc=X3oDMTJmN2xmZWVoBF9TAzk3MzU5NzE0BGdycElkAzE2ODk0MTE3BGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDZnRyBHNsawNudHBjBHN0aW1lAzEyODgzNjEwODI->
Messages in this
topic<http://groups.yahoo.com/group/DailyKos/message/37175;_ylc=X3oDMTM3b3NuMzdsBF9TAzk3MzU5NzE0BGdycElkAzE2ODk0MTE3BGdycHNwSWQDMTcwNTA4Mzc2NARtc2dJZAMzNzE3NQRzZWMDZnRyBHNsawN2dHBjBHN0aW1lAzEyODgzNjEwODIEdHBjSWQDMzcxNzU->(
1)
 Recent Activity:


 Visit Your 
Group<http://groups.yahoo.com/group/DailyKos;_ylc=X3oDMTJmZDI3MWdxBF9TAzk3MzU5NzE0BGdycElkAzE2ODk0MTE3BGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzEyODgzNjEwODI->
 [DailyKos]
A group for readers of DailyKos and other progressive sites.
Group Email Addresses
Post message:       [email protected]
Subscribe:       [email protected]
Unsubscribe:       [email protected]
List owner:       [email protected]
 [image: Yahoo!
Groups]<http://groups.yahoo.com/;_ylc=X3oDMTJlaDhyNW5rBF9TAzk3NDc2NTkwBGdycElkAzE2ODk0MTE3BGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTI4ODM2MTA4Mg-->
Switch to: 
Text-Only<[email protected]?subject=change+delivery+format:+Traditional>,
Daily Digest<[email protected]?subject=email+delivery:+Digest>•
Unsubscribe <[email protected]?subject=unsubscribe> • Terms
of Use <http://docs.yahoo.com/info/terms/>
   .

__,_._,___

-- 
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.

Reply via email to