Skip to content

chris nelson dot ca

  • Photos
  • Archives
  • Contact
  • About

The beast is starved, now what?

Posted byChris Nelson April 20, 2010April 18, 2010

We had a conversation with a neighbor today about the republican party punishing members that reminded me of this article by Krugman: The Bankruptcy Boys

Voters may say that they oppose big government, but the programs that actually dominate federal spending — Medicare, Medicaid and Social Security — are very popular. So how can the public be persuaded to accept large spending cuts? …The conservative answer, which evolved in the late 1970s, would be dubbed “starving the beast” during the Reagan years… Rather than proposing unpopular spending cuts, Republicans would push through popular tax cuts, with the deliberate intention of worsening the government’s fiscal position. Spending cuts could then be sold as a necessity rather than a choice, the only way to eliminate an unsustainable budget deficit.”

I suspect California will hit the starvation wall quicker than the rest of the country – CA has been brought to the brink several times – but it doesn’t seem like Republicans have an answer for what they actually want next.

Posted byChris NelsonApril 20, 2010April 18, 2010Posted inExternal & linksTags: California, economics, politics

Post navigation

Previous Post Previous post:
Yountville and Napa Valley
Next Post Next post:
Our trip to Washington, DC

Search

  • Photos
  • Archives
  • Contact
  • About

Tags

architecture art Baja Burning Man California Cambodia Canada Catalina China Costa Rica culture dive gear economics energy environment exploration fish food France hiking history home automation immigration Italy Korea Mexico movies & tv music oil Peru photography photos politics religion San Diego science & technology scuba diving & snorkeling SmartThings software Spain sustainability travel twitter USA Vietnam

RSS Latest Photos

chris nelson dot ca, Proudly powered by WordPress.