Once more, let’s try this, again. Austerity does not work. The Pink Flamingo has repeatedly said this, but let’s try it again. It does not work. It fails. It is destroying Europe. But, for some strange, an inexplicable reason, the far right, now in charge of the GOP, seems to think Austerity is the cure for every possible ailment, from ingrown toenails to the disaster they have created with the USPS. What I find most amusing is the way they constantly harped on the fact that socialized medicine has been such a failure in Europe (it has not) and why the left was determined to repeat such failures. Well – Austerity is a total failure in Europe. Why are the idiots of the right determined to repeat such a failure?
One reason the far right loves austerity and the thought of austerity is that it allegedly cuts back on social services and assistance to the poor. It’s all about the Makers vs. the Takers. Austerity kills people.
“…But in no small part because of conservatives’ unwillingness to look at what federal dollars actually buy (the opposition to “current services budgeting” I wrote about earlier today), compounded by an inability to look at low-income programs as anything other than socialistic “income redistribution,” we’ll continue to hear them complain that the sequester is just a tiny down payment on the kind of massive domestic spending reductions the country needs….”
Not only does austerity not work, but the far right and the center is not exactly being honest about how they are behaving. According to Paul Krugman, they are being completely dishonest about things.
“...Meanwhile, it’s not just Republicans who refuse to accept it when Obama gives them what they want; the same applies, with even less justification, to centrist pundits. As people like Greg Sargent point out time and again, the centrist ideal — deficit reduction via a mix of revenue increases and benefits cuts — is what Obama is already offering; in fact, his proposals have been to the right of Bowles-Simpson. Yet the centrist pundits keep demanding that Obama offer what he has already offered, and condemn both sides equally (or even place most of the blame on Obama) for the failure to reach a deal. Again, informing them of their error wouldn’t help; their whole shtick is about blaming both sides, and they will always invent some reason why Obama just isn’t doing it right….”
The real problem is the fact that the GOP refuses to even admit that European Austerity, based on Ayn Rand’s very flawed economic philosophy is a total and complete failure.
“…The United States took a different path after the Great Recession, choosing stimulus instead, and it has so far fared better than Europe. But it is now pursuing the same austere path Europe chose, with sequestration’s automatic budget cuts threatening to damage the recovery the U.S. has already made. McConnell claimed that “spending has exploded,” but while government spending has helped lead past economic recoveries, it has plateaued in the last four years and largely failed to help this recovery.
The cuts McConnell called “modest” will likely only make that worse. The Congressional Budget Office projects that it will lead to reduced economic growth and 750,000 lost jobs, and other projections show that it may hinder growth enough to prevent actual deficit reduction. But when Crowley asked McConnell to address those projections, he refused, saying only, “We promised the American people we’d do this a year and a half ago.”
”…However, Republicans cannot expect many Americans not in the upper 1% of income earners to congratulate them for finally imposing their precious Draconian austerity on America, and with little options to avoid the certain economic hardship most American families are going to feel, it safe to say Republicans will be cursed from one end of the nation to the other and they deserve much worse. If they had a conscience, or morality, Republicans might be bothered that the people are going to pay for GOP’s austerity economic strategy, but they will collect their bloated salaries, and corporate contributions, and hit the talk shows to tell Americans that killing jobs and retarding GDP growth was the best way to build a vibrant economy; for the wealthy and their corporations….”
“… Real economic experts cited ways Republicans are deliberately killing recovery; self-inflicted austerity, cuts to under-funded social programs, cut Social Security and Medicare benefits by slashing “entitlements,” and the sequester. Republicans and their supporters at Americans for Prosperity encouraged their base to campaign to “keep the cuts” so we can “get our economy moving again” in spite of overwhelming evidence that killing a million jobs and slashing domestic spending will cut GDP between .7-1.7% in the first year of a ten year program. Austerity already cost a reduction in growth in the fourth quarter, and combined with the Eurozone’s austerity-caused recession increases the risk to America’s economy because Europe is the nation’s leading trading partner. Austerity is decimating economies all over the world and all the while, Republicans, Koch brothers, and teabaggers are celebrating….”
I don’t know about you, but The Pink Flamingo is getting darn sick and tired of constantly harping on the failures of austerity. You will note the change in icon. I would have used a photo of a dying elephant, but these people stink, thus the skunk.