Wednesday, April 06, 2011

My Country Tis of Thee.


Words.

"If it does nothing else, the budget that House Republicans unveiled Tuesday provides the first real Republican program for the 21st century, and it is this:

Repeal the 20th century.

Republicans have never particularly warmed to the American social contract that governed most of the past hundred years. Its central elements, enacted during the presidencies of Franklin Roosevelt and Lyndon Johnson, assumed a level of collective national responsibility for the well-being of the elderly and children, the two groups who could not benefit directly from employment, through such programs as Social Security, Medicare, funding for schools and for college grants and loans.

The logic behind these programs wasn’t simply humanitarian. It was also economic: Bolstering the purchasing power of the elderly increased economic activity and enabled the adult children of the elderly to invest more in their own children. Enabling more people to get good educations straight through college created a more productive workforce. A similar dual logic — both humanitarian and Keynesian — informed the programs that aided the poor and unemployed, such as Medicaid and food stamps.

Conservatives have never cottoned to this contract. They argue that a laissez faire economy can produce even greater or at least similar levels of prosperity and economic security, despite a striking lack of historical or economic data to back up this contention. House Budget Committee Chairman Paul Ryan (R-Wis.) made that claim Tuesday in presenting his budget proposal. But Ryan’s pieties notwithstanding, his budget is a prescription for diminishing prosperity and security, a road map, in fact, for national decline..."

  • THE WASHINGTON POST: Who’s hurt by Paul Ryan’s budget proposal
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