Obama tells Cantor 'Enough.' Does He Mean It?
July 14, 2011
Last night President Obama finally said to the Republicans what many of his supporters have been thinking for many weeks now: “Enough.” With Republicans refusing once again to accept any new revenue as part of a deficit reduction deal and House Majority Leader Eric Cantor (according to some sources) interrupting the president to propose, for the third time, passing only a stopgap increase in the debt ceiling, Obama reportedly told Cantor that he’d veto such a bill – and that he was prepared to “take it to the American people.” Via multiple media accounts, Obama went on to lecture Cantor about
The Asymmetry in Tax Debates
July 12, 2011
[Guest post by Matthew Zeitlin] David Brooks in his column today argues that there is are almost symmetrical obsessions with “magic levers” policies that can always be counted to increase growth. One group thinks that the magic lever is marginal tax rates, some other group thinks it is deficit spending, and both of these groups are very bad: The spending they began must have done some good to cushion the recession, but either through a failure of theory or a failure of implementation, their lever was not as powerful as they promised.
Does anything matter to Republicans more than protecting tax cuts for the very wealthy? Developments of the last 18 hours suggest very strongly that the answer is no. As you have probably heard by now, House Speaker John Boehner on Saturday evening informed President Obama that he was no longer interested in pursuing a “grand bargain” on deficit reduction. It was a major turning point in the debate.
David Brooks' Lisa Simpson Moment
July 05, 2011
David Brooks today has an important column, important not in the sense that it contains an intellectual breakthrough -- those are hard to pull off in 700 words -- but that it's a Cronkite-esque statement about the Republican Party's radicalism: A normal Republican Party would seize the opportunity to put a long-term limit on the growth of government. It would seize the opportunity to put the country on a sound fiscal footing.
David Brooks Is Slightly Too Nice To Diane Ravitch
July 02, 2011
I thought David Brooks' column yesterday on education reform was generally quite good.
Imagine a new liberal policy magazine in which the word “Obama” appears only five times in 75 pages, and phrases like, “Obama should have …” or “Obama’s big mistake was …” never.
Yes, Let's Talk About Rationing
June 09, 2011
I can't stop stewing over that David Brooks column about the future of Medicare. It's not because the article itself was so awful. Like I said a few days ago, the column was (typical for Brooks) more nuanced and open-minded than most conservative articles about health care.
Market Failure And Health Care
June 08, 2011
M.S. at The Economist piles on that David Brooks column touting Ryancare: DAVID BROOKS had an op-ed in the New York Times yesterday that proclaimed the near impossibility of restraining costs in health care through centralised government efficiency evaluations, which is being justly ridiculed by people (Jon Chait, Jonathan Cohn, Ezra Klein) who note that every single one of the world's centralised government-regulated health-care systems is far cheaper than America's relatively decentralised private-sector one.
David Brooks Needs To Read Burke, Or Kenneth Arrow
June 07, 2011
David Brooks channels the argument Paul Ryan has been making -- that the health care debate comes down to limiting cost inflation through either bureaucratic rationing (boo!) or markets (yay!). Brooks says that Ryan's method of privatizing health insurance works: They also note that the Medicare prescription drug benefit also uses a competition model. Consumers have been adept at negotiating a complex marketplace, and costs are 41 percent below expectations. This is another one of the things that Ryan says that is totally misleading.
The Imaginary Debate in David Brooks’ Brain
June 07, 2011
Bureaucrats versus consumers. Government versus the market. If you’ve followed the debate over health care, then you’ve probably heard conservatives use these terms to describe how the Republican vision for Medicare compares to the Democrats’. David Brooks is the latest.