Sunday, December 3, 2017

Bill Crawford: "We know what to do" is not what they are doing.

Once upon a time balancing the budget and lowering the national debt were top Republican priorities. Over two decades ago Newt Gingrich led a GOP revolution to do just that. Our own Sen. Roger Wicker, then in the House, signed on to Gingrich's "contract for America." Back then, in 1994, the debt totaled $4.7 trillion.
In July 2009, then Senate Republic Leader and now Senate Majority Leader Mitch McConnell said the national debt "threatens our way of life." That year the debt was up to $10.6 trillion.
 
In 2012, the leaders of the bipartisan National Commission on Fiscal Responsibility and Reform called it a "national crisis." That year the debt hit $16.1 trillion.
 
In 2015, Sen. Ted Cruz, a persistent debt hawk, said, "We need to stop bankrupting our country." That year the debt hit $18.1 trillion.
 
In January of this year, Secretary of Defense Gen. Jim Mattis agreed the national debt is the greatest threat to our national security. "I consider it an abrogation of our generation's responsibility to transfer a debt of this size to our children," he added. This year the debt topped $20.2 trillion.
 
Dad gum annual deficits keep adding to the total. Last year the deficit added $666 billion. Without any consideration of the tax reform bill gripping minds and hearts in Washington, annual deficits are on track to top $1 trillion by 2021. Federal Reserve Chairwoman Janet Yellen last week said this debt trend "should keep people awake at night."

But, this ever growing "threat" and "crisis" somehow aren't so gosh awful important right now.

McConnell along with Cruz and Wicker pushed the Senate to pass a tax reform bill non-partisan experts say will add substantially to the debt. McConnell and company argue tax cuts in the bill will "pay for themselves" through economic growth. Debate on the bill temporarily stalled last week when Congress's own Joint Committee on Taxation said cuts would still add $1 trillion to the debt after accounting for economic growth. They passed it anyway.
 
So, Mitch, do skyrocketing deficits and debt not matter any more?
 
Back in 2012, former Sen. Alan Simpson and former White House Chief of Staff Erskine Bowles, who headed the National Commission on Fiscal Responsibility and Reform, also wanted to cut corporate tax rates. But their plan would have reduced annual deficits by an average of $550 billion. Oh yeah, they wanted to balance the budget just like Newt.
 
Here's one for you. In 2015 while running for President, Sen. Lindsey Graham said he would implement the Simpson-Bowles plan if elected. "We know what to do, but we're afraid to do it," Graham said.
 
The Simpson-Bowles plan called for tax reform to raise tax revenues to whittle down the debt, not pump it up.
 
Asked about the tax bill recently Graham said, "The Republican Party needs to deliver."  Later he added, "Cutting taxes is not going to add to the deficit in any appreciable way."
 
From balancing the budget to not adding "in any appreciable way!" That's a pretty big swing Lindsey!
 
Oh, Graham said one other thing that may help you understand all this, "the financial contributions will stop" if tax reform fails.
 
 
Crawford is syndicated columnist from Meridian (crawfolk@gmail.com)

18 comments:

Anonymous said...

Those zany big spending Republicans! Cutting revenue and raising debt makes sense nationally and also in Mississippi under the tutelage of supersize Tater, R, Screwthemiddleclass.

Anonymous said...

IOKIYAR!

(Can we have some of them good cigars at the next fundraiser?)

Anonymous said...

Anyone with a lick of sense knows that we are never going to pay back the money we borrowed. We cannot even pay the interest on it.
The people decided they would saddle their children with a debt they never intended on paying.

Crawford is a JOKE said...

When presented with the option of voting against deficit laden budgets because to do so would be to vote against pork for Mississippi, Cochran, Lott and Wicker (and Harper in the House) have voted for pork 100% of the time.

Crawford has NEVER written a column taking any of them to task for their votes in favor of deficit purchased pork for Mississippi.

Anonymous said...

It all depends on WHO benefits from racking up debt. Always has. Right now the national debt is just an afterthought since the priority is giving tax breaks to the richest segment of society and spending on the military industrial complex. If the middle and lower classes can exert enough influence at the polls to shift some government spending back towards their needs, the national debt will once again be recognized as a threat to all that is holy. In the meantime, the rich get richer and the ...

Anonymous said...

Government revenues went up substantially after Reagan cut taxes in 1982. The reason the deficit went up is because spending went up even more than the revenue did. To his discredit, he did not veto the spending bills that caused this. The Dems controlled the House then, and could not refrain from increasing and adding new spending programs when they saw the revenues increasing.

I'd like to see Crawford's columns from 2008 - 2016 decrying the annual trillion dollar increase in the national debt during the previous administration. Go ahead - we can wait while you dig them out.

Anonymous said...

In a few years there will be streets full of empty foreclosed houses in the suburban utopias. Obama managed to steer us back from going into another Great Depression but I have serious doubts the same will happen with Trump.

Anonymous said...

5:13 Why didn't he veto the spending? See 5:04. And the beat goes on.

Anonymous said...

...obama steered us from another great depression?! holy crap, what kind of drugs are you taking? How, pray tell, did he manage to do that?

Anonymous said...

Not see your comment was relevant 5:13, but you can see his not-anonymous columns at crawfolk.wordpress.com.

Anonymous said...

@ December 3, 2017 at 7:42 PM

@5:55pm is right - he did and he deserves credit.

@5:04pm is right too when they stated - "If the middle and lower classes can exert enough influence at the polls to shift some government spending back towards their needs"

We outnumber the 1% heftily, but we continue voting for policies that enrich them and keep us in the doldrums, assuming we will eventually be in that bracket and those policies will benefit out pockets. That window is closed. The tax cuts will go towards, hoarding more money, more job creation overseas, and the purchasing of more stock by the wealthiest Americans. We are not even in the ball game. But yet, Americans in the poor and middle classes keep sending people to Washington that do not and are not looking for their best interest. We are doing it here in Mississippi too.

We need politicians that will incentivize corporations that get that money to their workers in America, we need investment in our infrastructure - military, police, emergency services, water ways, bridges, roads, trains, airports, libraries, education, every day services. Those things keep our country working and protect our way life, they also help churn the economy and create other great jobs.

Time to change the narrative and get the focus back on the working poor and lower middle class.

Look Out said...

Obama did steer us back from a recession, do you remember the mess Bush left in 2008. There is no doubt that the latest economic uptick is based on the assumption that a tax cut is coming. But face it things were already heading in the right direction when the current administration took over.

Anonymous said...

Politicians repeat the preamble from The Contract with America but they abandoned the rest of it.

The first two key " promises" were to repeal any law and not pass any law that didn't apply to Congress as well as to the American people.

But, the most important part of the contract was to agree to hire an independent outside auditor to audit our national budget. The results didn't involve across the board budget cuts and general tax cuts. It was strategically cutting government spending and size and putting sound accounting controls in place. That's who really " fixed" what was broken.

And, of course, there were the sections protecting social security and helping with child care. And, there were controls on how Congress worked like how long someone could chair a committee.

If you didn't read ALL the contract, you don't know why it worked.

You've all forgotten what happened to many of those 300 congressmen, especially the ones who were newly elected to make it happen like Joe Scarborough. Their party didn't support them for re-election but put up someone to run against them who would tow the party line instead. And, the party big money saw Newt taking total credit and getting " too big for his britches".

And, you've forgotten that the contract kept working and was improved under the Clinton administration by someone else you love to hate, Al Gore, who further reduced the size of government.

You don't want to believe that undeclared, unbudgeted wars especially the one in Iraq , so called "banking reform", licenses to steal disguised as " de-regulation" and " no new taxes" wrecked the economy before Obama took office.

You want simple solutions to complex problems and you don't trust expert help and you don't want to contribute one dime to solving our debt as you think you have no responsibility for our debt and you didn't help create it and you didn't ever benefit.

You want to blame somebody? I blame those who put party loyalty over results and who are so foolish as to believe whatever their party tells them without bothering to see if it holds up to a smell test. And, the biggest stink there is , is " voodoo economics" and that the GOP just " reformed" taxes instead of rewarding their deep pocket supporters.

Instead of " no new taxes" demand every candidate of every party pledges to reinstitute The Contract with America! Hell, we might ought to put it in the Constitution so we can't so easily get conned again.

Anonymous said...

Mississippi's Congressional Republicans have always talked a big line about deficits and the debt then voted for deficits and debt anyways. Crawford's bugged this time because there is no GOP foreplay before the screwing.

Anonymous said...

Granny troll makes an appearance.

Anonymous said...

If Trump is benefiting from Obama then surely Bill Clinton benefited from the tax increases that cost Bush 41 a second term. Can't have it both ways.

Anonymous said...

Under President Obama, the national debt grew the most dollar-wise. He added $7.917 trillion, a 68 percent increase, in seven years. This was the fifth-largest increase percentage-wise.

Obama +68% <$7.917T>

GWBush +101% <$5.849T>

Reagan +186% <$1.86T>
HWBush +54% <$1.554T>
Clinton +32% <$1.396T>

Carter +43% <$299B>
FDR +1048% <$236B>
Ford +47% <$224B>

Nixon +34% <$121B>

LBJ +13% <$42B>

Eisenhower +9% <$23B>
JFK +8% <$23B>
Wilson +727% <$21B>

Truman +3% <$7B>

Hoover +37% <$6B>

Harding <7%> $2B

Coolidge <26%> $5B

Anonymous said...

9:52 you are correct Clinton did benefit from the Bush tax increases, I am not denying that.


Recent Comments

Search Jackson Jambalaya

Subscribe to JJ's Youtube channel

Archives

Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).


Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.


In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.


Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS
.