Establishment writers, liberal and conservative, in careering or faith-based defiance of reality, continue to frame mainstream political processes as oppositional. The ‘huh?’ head scratching over Aditya Chakrabortty’s new Guardian article starts with the sub-head:
The economic abyss is a distortion peddled by the US right and Obama’s Democrats – just like Britain’s left – need to counter the myth
Wait … wh-at? You’re beseeching “Obama’s Democrats” to what? COUNTER the myth? But, aren’t they, I mean …
Obama demands fast action on fiscal cliff
Election behind him, Obama to talk “fiscal cliff”
Obama to Discuss ‘Fiscal Cliff’ with Labor Leaders
So can it be any more obvious who is leading the campaign to over-hype a fiscal slope into a cliff? Obama! Obama’s Democrats! I can’t believe you haven’t noticed this, so I ask why the perverse denial of reality? Are you just afraid of the career consequences of ditching the liberal/conservative oppositional frame? Have you looked at the main campaign contributors (Big Finance! Wall Street!) to Obama, the Obama Democrats, and to the Republicans, both this year and in 2008? Why hasn’t that blown up your oppositional fantasy world?
What agenda are you selling, Mr. Chakrabortty? The myth that we have two parties, one of which is ‘for us’ and the other ‘right wing’? Sorry, but a President-Obama-led ‘fiscal cliff’ scare campaign is not the place to push that. The evidence emphatically contradicts your thesis. (Helpful hint: peddle that stuff over abortion or gay marriage.)
If you want the details of what the Obama Democrats have planned regarding the slope, listen to former Senate Majority Leader and Obama Democrat Tom Daschle:
“I don’t think there’s any question that entitlement reform will be a part of whatever new agreement is reached,” former Senate Majority Leader Tom Daschle (D-S.D.) said at an event here Thursday sponsored by the Institute for Healthcare Improvement. “I do think cost containment for Medicare and Medicaid will be a very important part of the discussion.”
And when it gets to the final minutes, Obama’s Treasury Secretary Tim Geithner will be ready to clang the debt limit alarm bells:
“Geithner’s role is going to be to ride shotgun on the debt limit and make sure that everybody is sufficiently alarmed about that,” said Robert Bixby, director of the Concord Coalition, a nonpartisan advocate for responsible fiscal policy. “And that would help bring a negotiation to a conclusion.”
Or, just read Glenn Greenwald.
Like you say, we’ve all been here before, this cliff b.s. is the same as the preceding — and wildly successful for big finance and the right — bipartisan/multipartisan scare campaigns, the ones we saw in fall 2008 in the U.S. and in the spring 2010 in Britain, when
Democratic debate was railroaded; the wrong economic policy was followed – and it was all done to avert a wildly inflated threat.
Though in all three cases, a “wrong” economic policy for almost all of society was and is right, great, from the perspective of the rich, Big Finance, big banks, and the neoliberal ideologues who control the major parties in both Britain and the U.S.
Finally, Aditya, another example, your incoherent conclusion:
I can only hope that America’s Democrats learn their lesson from the British experience. Because the right here owned the language and framed the debate.
Again, uh, the opposition between the Democrats and “the right.” What agenda are you serving with that lie?



21 Comments

Recommended. When we the People have to reach out to Bernie Sanders for leadership which “ought” to be coming from Democrats, the Democrats have become the new Right.
Bernie Sanders. Brave enough to let the Bush-Obama tax cuts expire and lever some real power in 2013.
Thanks. A lone Vermont Senator holds out for economic sanity against the neoliberal consensus, Pete Peterson, Wall Street, the European and Japanese establishments, the World Bank, the IMF, Obama, the rest of the Democrats, the corporate ‘mainstream’media and the Republicans.
This article really explains the “fiscal cliff” lie very thoroughly and some MMT economics.. YMMV
Recommended
Here’s the link sorry.
http://neweconomicperspectives.org/2012/11/an-mmt-fiscal-responsibility-narrative-some-truths-after-a-second-crowd-sourcing-revision.html
@ Popeye: Good to see you, and thanks for bringing lets’ piece.
Fairleft, this subject isn’t one I’ve followed closely, but I was intending to put this TRN interview with Bill Black up today along with some other links including Cenk Yugur at CD, and Black’s companion piece at NEP explaining more about the Third Way and Wall Street urging OBomba to commit the Great Betrayal.
Yep, both of them voted for him, and did AFL-CIO, et.al. work for his re-election, and how much any of this ‘holding his feet to the fire’ will alter his plans…I’d guess not much. I don’t see where any leverage comes in. But at the very least more people, and especially the Democratic base need to know what’s about to hit the fan, and all, as you say, under the pretense that austerity will do anything but make matters worse for us, but heist some of the remaining revenue streams left…aloft to the 1%.
Good links to and quotes by the Wall Street stenographers.
There is no secret conspiracy–as this post shows, the conspiracy is right out in the open for anyone who bothers to look and follow the money.
Recc’d.
…X 2
So right you are. Since Obama is now the Top Dog of the One Big Money Party establishment, he would definitely be the one to lead the charge of how awfully, terribly in debt we are, and how the expensive “entitlements” like Social Security and MediCare need to be axed.
What the ‘left’ punditocracy — the Cenks and the Adityas, and so on — don’t fully understand (or more likely pretend not to fully understand) is that Obama _wants_ to advance the neoliberal ideology in policy, because it is _his_ ideology. He believes in it (that it coincides with his long-term political money support is not exactly coincidental, but (by now?) he’s not just a fight for the top dollar mercenary). Politics has for several decades self-selected for neoliberals (how secretive they have to be about it is part of the political game) and objectivists (ditto), and that’s what we by and large have, I think. They know they have to keep these aspects of themselves generally hush hush, of course, but once in awhile they’ll test the limits, for instance with a Paul Ryan VP run.
Looking at the real, neoliberal and perhaps flirting with objectivism Obama, we have to understand that the only thing that would move him would be if ‘our’ holding his feet to the fire was much more intensely politically painful than ‘their’ holding his feet to the fire. Not likely in the short term, that’s (near) certain. It’s basically like electing a Republican and then saying, “that’s okay, we’ll just hold his feet to the fire.”
I realize that, fairleft, and have been arguing the same on two different posts this morning. I’m just saying ‘even the apologists and the OBomba policy naysayers who then voted for him’, get some of it now. That’s all.
O will be another great triangulator as the Dems want to fold and advance his agenda/their true agendas.
During the VP Debate, Biden exposed part of the Fraud, including Presidential lies:
When Paul Ryan said that cutting the Military arbitrarily and precipitously was irresponsible, Biden shut him up right away by saying the we’re not really going to cut Military spending, in short, that the Fiscal Cliff is a scam.
What’s most important about this car headed for the cliff is that all of the incumbents (Pres, VP, Sen, House) went out on the campaign trail 2 months ago instead of fixing the course, which they now pose as difficult-to-impossible to do in the months or weeks remaining:
The incumbents carried out Economic Warfare against the citizens by leaving to campaign (not their job) while headed for the Fiscal Cliff, instead of fixing the course (actually their job):
This was clearly a case of Treason: I think we should all call our House Reps and Senators and demand a Special Prosecutor to start working now, so that the Incumbents can all be arrested or indicted on January 1.
Anyone who is “shocked” that Obama and the Money Party are planning “entitlement reform” is either lying or really stupid. (Or, possibly, both.) He’s been talking about this since 2008, and I clearly remember him saying in July of 2009 that he wanted to finish up quickly on RomneyCare so that he could “concentrate on” gutting SS and Medicare.
From Our Mr. Brooks on March 5th, 2009: When Obamatons Respond, in which David Brooks, having been apopleptic about the first Obama budget is soothed by conversations with four White House sources:
And
(Brooks’s italics, not mine.)
So the “pragmatists” at 1600 Pennsylvania Ave. have been resisting “liberal ideas” for four years now, not four days. Anyone who voted to let these assholes have their wet dream of gutting Social Security should have known what they were doing. JMO.
Hard to feel sorry for people who voted for the less evil candidate and now are worried about what he is going to do them and the programs they care about. Obama has won and without reelection to worry about he can wreck the social safety nets to his hearts content with little or no opposition. So Obama fans and supporters I say suck it up and remember it cld be Romney who is screwing you.
Excellent diary, fairleft. Recommended.
I’m not ready to read the shapeshifters on policy yet, not even the worthy Bill Black, even dear old Noam. Not Matt Taibbi, not anyone who said we have to vote for Obama and didn’t even mention the alternatives.
They lost some of their patina, (and yes, Chris Hedges stood firm and good for him. ) It’s like members of your family you know you love but there’s a tiny crack in the pavement that wasn’t there before, and as much as it didn’t make sense they couldn’t vote their conscience, so too it doesn’t make sense that they are presently stunned when we have had since 2008 to see what was happening. It didn’t just happen now; it has been happening! Ach, people, people! That was a modicum of power we had, and now it is water under the bridge.
But if indeed you are realizing what some of us had already realized – I can’t say the election was worth it because it is going to be very, very hard now – but I can say we welcome you to the ranks of the disillusioned. It is hard to believe we have a president with no soul, but I’m afraid we do.
I’d say it’s yet to be seen whether they *are worried*, robbep. We may be in for another round of Through the Looking Glass “Oh! He had to find bipartisan consensus! It was the only way to retire the Bush tax cuts, or raise corporate taxes (which loopholes are…never mind)…”
Wait until we see what meager gains the big union bosses gain, but go to great lengths to extol. Bah! Welcome to the 2012 Uniparty Monkey House.
Lesser Evil? That comparative just gets so tiresomely odious after awhile…
Don’t sell the man short: he’s a TERRIFIC evil in his own right.
lesser evil, my eye. lol Obama’s the greater evil for Social Security, Medicare and the poor. Romeny was direct and honest about his feelings about the “takers.” Obama is by far the greater danger, only a Democrat can destroy the remaining social contract, what Bill Clinton started.
just wait and see what Obama does “to” the middle class. you know those “savvy” businessmen figured a Democrat could gut the middle class quicker than any Republican.
my only question is how Americans will respond to the Saviour once he “follows through” with the Catfood Commission’s proposals. such a wonderful example of the “lesser” evil.
Actually, since 2007, links in the Krugman piece below. As Krugman notes, Obama wanted to turn overturn Bush’s 2005 failure to cut Social Security. That’s about when I knew — AND WHEN EVERYONE SHOULD’VE REALIZED — that we had a DLC a**hole running for President.
Make that September, 2007. Details here:
http://www.dailyhowler.com/dh092807.shtml
Matt Bai tells it like it is in this blockquote:
But then, earning his keep writes the following sentence (continuing directly):
So “painful cuts” equals “perhaps strengthen” to a mainstream pundit. Amazing bald-faced lies serving power.
What’s amazing is that the followers of Barack Obama think of themselves as the “reality-based community” while defending the most unreal administration in memory, and as the vanguard of political correctness while Black and Latino wealth shrinks to a small portion of what it was before 2007. The Obama elitists are ingenious — they managed to get Obama to run against what turned out to be a dummy campaign and arranged the electoral college in his favor even though about 49% of the public still voted against the O.
http://www.redstate.com/2012/11/09/campaign-sources-the-romney-campaign-was-a-consultant-con-job/
I’m sure that by the time they’re finished with America the signing of the Grand Bargain will be accompanied by a tickertape parade.