("The Big Deal")
Even Mr. Krugman ultimately admits that his
title is, at best, misleading. Yes, health care reform, even this
watered down version that still leaves so many millions unattended, is a
major milestone. But his assertion that inequality has somehow been
even marginally addressed by the recent changes in taxes to be paid by
the most wealthy is wholly inconsistent with the economic disparity that
still threatens to wipe out much of the middle class and leaves the
poor with precious little for which to be thankful. And if the standard
by which we measure the success of financial reform is merely that Wall
Street is angry with the President and has abandoned him, then we have
sunk to a new low in determining what constitutes a "big deal".
The political landscape is littered with terms like
"gerrymandering", "filibuster", "Citizen's United" and "tea party".
Maneuvering around these obstacles means that big ideas, and big deals,
have little chance. Even Mr. Krugman concludes by suggesting that there
were "limited" victories in the first term of the Obama presidency. Yes,
it is nice to have a pep talk of what has been accomplished before we
race head long to more fiscal cliffs, debt ceilings and threats of
government shutdowns. But in the final analysis, what is truly a big
deal is that there is so much more than we can do and so little hope
that our dysfunctional system will permit us to reach any of these
goals.
1 comment:
One cause of the dysfunctionality is the bundling of so many expenditures into one "Bill". This leaves the door open to intentional political ambiguity and the special interests, ie "unnoticed items" that appear in the bill. However unrealistic, I wish they could vote on each expenditure separately.--
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