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View Diary: Economics Daily Digest: Learning to love the platinum coin (26 comments)

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  •  Why not decimate spending in Red states/districts? (0+ / 0-)

    The Coin is fun to banter about, and banter can serve a purpose, but in the end Obama won't do it (for good reasons).

    Instead, why doesn't the Administration simply engage in traditional hardball politics, identify those areas of funding it can control or influence, and if the House GOP won't raise the debt limit, then engage in truly draconian spending cuts that affect Red states and Congressional Districts? All those red states who take in more federal funds than they pay out in taxes, bring them back down well below the 1:1 ratio, maybe to 0.8, essentially overnight? Start with the most-Red districts within them. Red districts in blue states, cut them as well. Make it hurt -- cut not only the spending, but eliminate that section of the Federal unit that has overseen the spending, if possible. "Your Representative won't vote to fund the spending he authorized? Sorry, you are ultimately responsible for electing him, he has spoken as your Representative." Start the process now, before any Congressional votes (or lack thereof), set up a few districts as examples for the others, and immediately cut them off at every single possible point of Federal funding, across the board, without exception.

    This is hardball politics -- but the GOP is playing politics with America's entire economic recovery. Cutting off Red districts *is* speaking for all Americans -- because the GOP is trying to hold the economy hostage to its ideological right-wing. That ain't right.

    When Bush Jr closed some military bases in 2005, Blue States lost 27,138 jobs, whereas Red States lost only half that number: 14,710 jobs. Reverse that trend, nay, make it even more pointed.

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