Skip to main content

View Diary: Dick Durbin Insults Everyone Else's Intelligence About Social Security (85 comments)

Comment Preferences

  •  Hey, folks (2+ / 0-)
    Recommended by:
    psyched, aliasalias

    I think we're all on the same side, so can the name-calling. Auburn, you and I agree that the deficit/debt issue is a barrier in the way of progressive fiscal policy.

    However, I think the survey data is a bit more ambiguous in its importance.

    Here's Gallup on the most important issues.

    http://content.gallup.com/...

    You can see that normally unemployment/jobs and the economy are both much more important than the deficit/debt which is normally only in the middle single digits. However, the deficit/debt issue jumps from 5% in September to a virtual tie with jobs/unemployment which fell from 17% to 12%. That compares to the 19% for the economy as a whole.

    I think the 12% level of importance for debt/deficit and the same level for unemployment/jobs were driven by the shutdown and debt ceiling crisis events. Over the next few months the percentages will be returning to their pre-crisis levels, where unemployment/jobs has roughly 3 times the frequency of debt/deficits in the polling data.

    •  Not sure how I'm the bad guy in all this. (1+ / 0-)
      Recommended by:
      psyched

      Joe, with regards to your link.  Sure. thats one example.  Here's a quick rundown of the links that come up when googling "US polls on deficit":

      "Some 57 percent of Americans oppose legislation that would raise the debt ceiling with no conditions attached, according to a new Christian Science Monitor/TIPP survey."

      http://www.csmonitor.com/...

      "Seven of 10 surveyed in a new Pew Research and USA Today poll released Thursday said major legislation on the deficit is the most important issue on Congress' plate, topping immigration, gun legislation and other issues."

      http://politicalticker.blogs.cnn.com/...

      "The survey found that two-thirds of Americans want Washington to reduce the deficit in the short term rather than wait for a stronger economy. That included 74 percent of Republicans, 71 percent of independents and 57 percent of Democrats."

      http://www.reuters.com/...

      "In the poll, eight in 10 respondents say they are concerned about the growing federal deficit and the national debt, but more than 60 percent — including key swing-voter groups — are concerned that major cuts from Congress could impact their lives and their families."

      http://www.nbcnews.com/...

      Another one from Pew showing the deficit as a top concern among 6+% of voters

      http://www.people-press.org/...

      This Pew poll from Jan of this year:

      http://www.people-press.org/...

      "Nearly two in three (64%) worry a great deal about federal spending and the budget deficit. "

      http://www.gallup.com/...

      "Instead, 61 percent say that it’s “right to require spending cuts when the debt ceiling is raised even if it risks default,” because Congress lacks spending discipline, according to a Bloomberg National Poll conducted Sept. 20-23."

      http://www.bloomberg.com/...

      "Do you think it is necessary to take immediate action to lower the budget deficit or do you think it is possible to wait for better economic times?" 56% think its necessary

      http://www.nytimes.com/...

      "Some good news for Republicans as Washington readies for a fiscal confrontation over the debt ceiling later this year: voters trust the GOP more than Democrats when it comes to dealing with the federal deficit, a new poll finds" Quinnipiac

      http://www.quinnipiac.edu/...

      We can argue about alot of things, but whether or not the broader American public is worried about spending and deficits, is not one of them.

      The baseline point of all this is, how can the American public view the Cons as being better or at least as good as Dems on handling the economy?  Especially given how disastrous the Bush administration was on the issue.  This wasn't generations ago, this was only 5 F-ING years ago.

      My claim is that because the broader public is consistently worried about spending and deficits, and because Cons constantly make this their oft-stated public priority #1, this puts the Cons on at least an even playing field with Dems.  And people should be worried about spending and deficits (not because they are dangerous of course) but because both the Cons and the Dems agree that the deficit is bad, what choice do people have?  The Dems and progressives have failed to give the public a reason why deficits are for all intents and purpose irrelevant (talk to me when Congress consistently authorizes deficits big enough to enable inflation).  The only viable solution to the problem of how to explain to the public why deficits are not just "not bad" but that in fact they are necessary and good, is of course MMT.  And that is the point I've been trying to make to my brother and sister progressives.  We can't minimize the pyshcological effects on the American psyche due to fears of debt and bankruptcy for the country.  If we do, we are ignoring the root of the problem that we must overcome.

      MMT = Reality

      "The Earth is my country and Science my religion" Christiaan Huygens. Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

      by Auburn Parks on Tue Oct 22, 2013 at 01:44:05 AM PDT

      [ Parent ]

      •  I agree with all this (1+ / 0-)
        Recommended by:
        psyched

        Auburn. In fact, the political importance of the issue is why I want like HVPCS so much. The $60 T coin simple takes that issue off the table and clears the deck to consider real problems on their merits.

        All I'm calling attention to is that the polling is from a comparative issues perspective, rather than simply asking about the debt and deficit in isolation, it turns out that people mostly put the economy and jobs first and the deficit/debt issue later by a good margin.

        That said there's nothing I'd like more than getting rid of the debt without paying it down by running surpluses, a sure way to permanently devastate the economy.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site