KRUGMAN EXPLAINS! Krugman warns about big cuts, then tackles a thirty-year scam: // link // print // previous // next //
THURSDAY, AUGUST 19, 2010
Olbermanns classic Washington gaffe: John Ridley is a professional liberal, a pundit whos often seen on TV explaining the news of the world. Last night, he spoke with CNNs John Roberts, who was guest-hosting for Anderson Cooper.
Ridley was introduced as a commentator for NPR. Its hard to be more clueless than Ridley was in these hapless remarks:
That highlighted statement is simply astounding. Weve often said that the career liberal world napped in the woods in the Clinton-Gore years. This is the proof of our statement. Struggling to think of some other president who had to put up with things that have so little to do with actual politics, Ridley wandered all the way back to Nixon, suggesting that he is the one.
We have no idea what sorts of silly distractions Nixon had to endure as president. But like the rest of his career liberal breed, Ridley has completely forgotten the lunacy of the Clinton years. He has forgotten the congressional investigation into the Clintons Christmas card list; the fiery claims in a major best-seller about the Clintons Christmas tree ornaments; the Christmas Eve column in the Washington Post attacking Candidate Gores Christmas card. (The photographic process used for the family photo showed that Gore was a phony.) He has forgotten the endless murder claimsthe time Rep. Burton shot a pumpkin in his back yard, hoping to figure out how Vince Foster died. He has forgotten the time Chris Matthews brought Gennifer Flowers on the air for a half hour to run through the list of Clinton murders. He has forgotten the way Hannity and Colmes then awarded her a full hour to list the various murdersand to announce that Hillary Clinton is the worlds most giant lesbo.
You just cant be more clueless than Ridley. But his incomprehension largely defines the intellectual horizons of the career liberal world.
When players like that are cast as the liberals, a profoundly unintelligent discourse will form. And then, theres the role played by mainstream reporters, as exhibited by Sheryl Gay Stolberg in todays New York Times.
In her White House Memo, Stolberg ponders the way certain misconceptionscertain conspiracy theories, she sayshave congealed and hardened around Obama. She notes that 18 percent of respondents in a recent Pew survey said Obama is a Muslima rise from the 11 or 12 percent which had responded this way in earlier surveys. (For full Pew results, click here). She goes on to note another oddity found in Pews new survey:
Even his own supporters are confused, Stolberg says, playing it very safe. Yes, those Democratic numbers are odd. But she avoids the numbers which are much odder: Only 27 percent of Republicans said Obama was Christian in the Pew survey, down from 47 percent last year. Remarkably, more Republicans said Obama was Muslim31 percent!
Those are truly remarkable numbers. Apparently, Stolberg knew she mustnt present themthough her refusal to do her job is most apparent here, in her fifth paragraph:
Really? In her own voice, Stolberg says these misconceptions exist in part because of an aggressive misinformation campaign by critics. By traditional standards, it counts as major news if critics are successfully waging an aggressive misinformation campaign against a sitting American president. (Presumably, this would actually be a dis-information campaign.) Not to Stolberg! She mentions this aggressive campaign in passing, then never mentions it again. Who is waging this aggressive campaign? How is this campaign being waged? Theres nothing to look at, to judge from this piece. Stolberg makes no attempt to explain the remarkable thing she has said.
An utterly worthless career liberal world seems to have no earthly idea how war is waged on major Democrats. (Poor Nixon, one of them says.) At the same time, a cowardly mainstream press corps refuses to say what it knows on this subject, doing a good imitation of news reporting from the old Pravda. And it isnt just Stolberg who clams and plays dumb. This is standard practice among overpaid players all over the corporate press corps.
Consider Tuesday nights conversation between Keith Olbermann and his trusted companion, the Washington Posts Gene Robinson.
Like Ridley, KO and Gene were lamenting the alleged foolishness of the Park51 story. At one point, Olbermann made an excellent point. To the extent that this story has been fabricated, major news orgs, including NBC News, dont report the fabrications. Olbermanns highlighted rant strikes us as correct in every way:
Saying it was great to have been there, Robinson stuck his 500 bucks in his pocket and slid away.
That said, can we talk?
Olbermanns rant was right on targetand he even mentioned NBC News, his own employer. News orgs refuse to report fabrications? One example: Millions of voters are told, every night, that Imam Rauf favors sharia law for this country. But so what? NBC News will never go out and report the truth or the falsehood of that widely-voiced claim; NBC News wont even report that the claim is being made. Of course, the Washington Post wont do so either, but you could sit through a year of Countdowns waiting for Robinson to say such a thing. You see, Robinson is owned by the team. He will never tell viewers the truth about this part of this process. Instead, he will mouth a few vague complaints (I dont think enough of us have stopped to think that basic thought), then slither away with his cash.
Olbermann told the truth Tuesday nightuntil he took it back! About ten minutes after his accurate rant, a chastened multimillionaire crawled back on the set to voice a re-clarificationto state his heartfelt apologies:
Olbermanns lips were now locked hard on Williams expensive keister.
Olbermann was right the first time, of course; he could have gone into much more detail. But Williams earns even more money than KO! Such great men simply cant be offended. So KO crawled onto the set.
NBC News and the Washington Post arent about to do real reporting about a wide range of aggressive campaigns. Neither is the New York Times. People like Robinson wont tell you that. KO told you Tuesday night, in a classic Washington gaffe.
PART 3KRUGMAN EXPLAINS (permalink): Yesterday, in Columbus, Ohio, Barack Obama said sane things about Social Security. His statements were saneand then too, a little bit vague.
The program will not be privatized as long as I'm president, the president said, to applause. And he seemed to say that the venerable program wont need any massive changes.
There are some fairly modest changes that can be made without any newfangled schemes that can keep it running for 75 years so everybody gets what they deserve, Obama said. People may have applauded that statement toowithout knowing just what it meant.
Will everyone get what they deserve by the time Obama, and his deficit commission, are done? We certainly hope so. Obamas remarks followed Paul Krugmans latest column, in which the liberal worlds most valuable player was also just a bit vague in his prescriptions. Big cuts in Social Security should not be on the table, Krugman said as he finished his piece. Did this mean that medium-sized cuts might be in order? At one point, Krugman summarized the state of play as Social Security chugs into the future. Covering fairly familiar ground, he even suggested that benefit cuts may never be needed at all:
Theres a significant chance the trust fund will never be exhausted? That benefit cuts will never be needed? We assume we know what Krugman means, though the status of the program may have changed a bit in the recent financial meltdown. According to current projections, the programs trust fund will permit the payment of full scheduled benefits through the year 2037. But the actuaries projections have always been based on conservative assumptions about the economys future growth. If future growth outpaces these gloomy assumptions, the life of the trust fund stretches out fartherperhaps to infinity. In 1999, Dean Baker and Mark Weisbrot explained the situation on the very first page of Social Security: The Phony Crisis. At the time, the trust fund was projected to expire in 2034:
Mapping Krugmans column onto this template, a person might wonder why any cuts are needed at this juncturealthough there may be reasons. But the debate about Social Security has always taken place in an air of massive public confusion, generated by disinformation from the programs opponents. Please understand: In 1999, Baker and Weisbrot explained that Social Security would pay full promised benefits until 2034and quite likely for years after that. But so what? Just five years earlier, a large majority of younger voters (ages 18-34) told a survey that they didnt expect they would ever see any benefits! The program was poised to churn forward for decades. Voters thought it was going to fold.
In short, liberals have been beaten blue in the disinformation wars which have surrounded this program. This liberal failure of the past thirty years is a giant, screaming embarrassmentso giant that it might even make a person wonder if a generation of liberal pundits havent really been Potemkin pundits, pleasant fellows paid to pretend that debate was in fact taking place. (One thinks of loveable losers like E. J. Dionne when one makes such a statement.) The ineptitude has been astounding. Just think of the liberal performance over this past thirty years:
As Krugman noted a few weeks ago, liberal intellectual leaders havent been able to kill the worlds dumbest ideathe claim that lower tax rates produce higher revenues.
Even as Social Security stretches out into the future, liberals havent been able to kill the idea that the program is about to go bankrupt.
During the Clinton-Gore years, liberal pundits twiddled their thumbs as Clinton was hounded to the ends of the earth in a series of ludicrous pseudo-investigations. They then kept their pretty traps shut during the twenty-month war against Gore (Dionne)or played active roles in its conduct (Rich). They refuse to discuss this decades history right to the present day. (The firebrands among them announce that Gore never said he invented the Interneteleven years too late!)
That is part of the astonishing legacy of the Potemkinsof the current generation of career liberal writers and thinkers. But so what? Modern liberals, no matter how fiery, rarely show the slightest sign of being troubled by this. They exist to call other people bigots; they are too dumb, too slow, too tribally hapless to see the problem that has been caused by the ineptitude of their own kind. For one example, see this blinkered post by Digby, in which she complains about Pete Peterson, but fails to say that the career liberal world has allowed Pete Petersons nonsense to drive the public discourse.
People like Digby exist to name-call The Other. Their devotion to tribal logic renders them terminally hapless. As an example, Digby links to this remarkable report by Gallup; the report discusses a recent poll in which sixty percent of respondents say they dont expect to draw Social Security benefits. Nothing to look at, Digby says. Young people always say this.
Unfortunately, 66 percent of respondents aged 35 to 54 said they dont expect to get benefits. But so it goes as the R-bomb crowd agrees to be swept to defeat. They forgive total incompetence on the part of their own tribe, just as long as the tribe keeps dropping its bombs. In this highly constructed world, Pete Peterson is a very bad man. The Potemkinsthe Dionnesgo unnamed.
Back to Krugman, the liberal worlds most valuable playerthe liberal worlds only player at the top of the mainstream press corps:
Krugman prefigured Mondays column with this blog post about Social Security. Sadly, it looks as if were going to have to fight the Social Security fight all over again, he said, with the same old disingenuous arguments making the rounds. He then stated his own starting point in this re-emerging debate: So let me return to an oldie but baddie: the there-is-no-trust-fund nonsense.
The trust fund is just an accounting fictiona pile of worthless IOUs! Generations of voters have been misled by such skillfully-wrought presentationspresentations which have been pimped by the Petersons and permitted to flourish by the Dionnes. (Digby is only upset with the one. The other puts up with her R-bombs.) As the debate about cuts to Social Security unfolds, the debate will take place in the ludicrous context defined by that Gallup poll.
Duh. People who think they wont see any benefits are happy to sign up for cuts.
The trust fund is just an accounting fictiona pile of worthless IOUs! Unfortunately, these professionally-prepared presentations can be extremely convincing; they are among the most successful political scams of the past forty years. But Krugmans blog post is rather complex as he addresses this familiar old nonsense. And in his column, he simply assumes that the trust fund is real, that the fund really exists.
Krugman is our most valuable player by farour only player at the top of the press corps. Can he disentangle the trust fund scam in a way average people will understand? We dont know, and it isnt his job; no player should be expected to carry the ball on every play from scrimmage. Tomorrow, well offer our own ideas at how the there-is-no-trust-fund nonsense might best be approached, in a way average people can follow.
The Potemkin liberal world has slept right through this thirty-year scam. The result can be seen in that Gallup polland in Krugmans fear that big cuts could lie in the offing.
Tomorrow: Starting with Reagan