Tuesday, January 25, 2011

John Kerry Serves Up a Reality Check

From a Crooks and Liars post on Jan 16th. I know it's long, and no, it's not required reading. but it is very good. click title of this post for original piece, and worthy links.

John Kerry gave a speech last week at the Center for American Progress that should become the marching song for every liberal in this country. He was clear: The last 10 years have cost us too much, and if the hyper-partisan tone doesn't change to one of true concern for the direction of this country, we will cede any chance to lead to others.

He hits it all: Infrastructure, energy, debt, climate change. Every point. The one that hit home for me was when he talked about where we might have been, had Bush and the Republicans not unwound progress made during the Clinton administration.

Here's an example. We talk about how the Clinton tax rates generated a surplus, but we stop there. We don't talk about the fact that if the Clinton tax rates had remained in effect, the entire national debt would have been paid off by 2012. Imagine what a difference that would have made in today's dialogue. And more importantly, why aren't we hammering this home every single time one of those self-righteous Republican buffoons stands up and talks about how our national debt is killing the country?

Kerry points out that we would be at a point where our financial position would be at it's strongest point ever. What would that have meant when (or if) the bottom fell out of the economy? Most assuredly, we wouldn't have to be speaking of debt retirement and austerity.

We need to start going there. This shouldn't be swept under the rug. I can't recommend this highly enough. Take an hour out of your day and watch Kerry's speech. He really hits hard on the cost of NOT investing in the country and how it puts us behind on a global basis every single day.

Check out this headline from January 26, 2000, just 11 years ago:

Consumer Confidence Hits an All-Time High; Jobs Called 'Plentiful' : Clinton Sees An Early Payoff of U.S. Debt

Compare it to today's headlines (this one, from the Wall Street Journal, one of the biggest tax-cut pimps):

U.S. Ran $80 Billion Budget Deficit in December

I think we need to give Republicans full credit for everything they did for to us. We should be at least as loud as the anti-hcr folks are, and we should repeat it every single day in public, especially to anyone who still thinks Republicans are fiscally responsible.

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