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View Diary: Krugman: After the Flimflam (100 comments)

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  •  It is Congress' job to put together a spending (2+ / 0-)
    Recommended by:
    JohnB47, Deep Texan

    plan. The Republican mantra that the chief executive is some sort of plebian royal and temporary tyrant serves their purpose in shifting responsibility elsewhere. But, Obama is a reluctant scapegoat. He has finally accepted the term Obamacare, even though the components were not initially his. But, he did so overtly, so as to highlight that he was assenting to an apparent inevitability.
    The election of 2012 demonstrated that the top of the ticket is not enough to rid us of the dufuses in Congress. Only nine were replaced in the House. Democrats did not even offer candidates for four of the worst in Georgia and South Carolina. In 2010, there was a new crop of 93 in the House. If the 112 the Congress was largely disfunctional, it was because the freshmen were inept and the leadership even more so. Moreover, the Tea Party people had swallowed the line about not enough money and the need to stop spending hook line and sinker, even though eight years of Bush/Cheney provided proof that there's always enough money for mayhem, just not for cleaning up the mess.

    We organize governments to deliver services and prevent abuse.

    by hannah on Fri Mar 15, 2013 at 05:03:41 AM PDT

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    •  actually not quite completely correct (2+ / 0-)
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      Paleo, gulfgal98

      from the beginning of Section 3 of Article III:  

      He shall from time to time give to the Congress Information of the State of the Union, and recommend to their Consideration such Measures as he shall judge necessary and expedient
      in operational terms, this means that the budget and spending process BEGINS with the President presenting his budget proposal to the Congress.  

      THereafter you are correct -  it becomes the obligation of the Congress to (1) adopt a budget, and (2) authorize the spending via appropriating the necessary funds.

      "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

      by teacherken on Fri Mar 15, 2013 at 05:09:29 AM PDT

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      •  Apaprently, they don't have to adopt a (0+ / 0-)

        budget. That seems to be an in-house requirement. I think the last three Congresses have not agreed on one and have gone with continuing resolutions and ad hoc appropriations.

        The balanced budget is a gimmick which Democrats have been pushing as if the national government were under the same restrictions as the states -- having to collect revenues or borrowings before they can spend. As the issuer of currency, the national body is under a different regime. The national body issues first and then collects. That sequences can't simply be reversed does not seem to register with people whose sense of time is deficient.

        One can spend what one does not have when one can make it on the spot. The llama can spit without having to take a drink.

        We organize governments to deliver services and prevent abuse.

        by hannah on Fri Mar 15, 2013 at 05:59:39 AM PDT

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        •  Yes, a balance budget amendment is a gimmick (0+ / 0-)

          It is almost like Mr. Wastrel promising not to spend too much.

          Instead of a mere promise of balance, the President and members of Congress with more than ten years of service should forever lose their jobs 30 days after the end of any fiscal year that does not end in the black.

          •  Let's say you're in the business of producing (0+ / 0-)

            nails rather than dollars. Why would you want to have nails left over at the end of the year?

            Or, if you're selling drinks in returnable bottles, would you limit production to those that are returned and can be refilled?  The nation is different from every other public and private corporation and all households, because it is the issuer of currency. What the countries in the Eurozone have done is follow the example of the several United States in adopting a common currency. Some, specifically Greece and Italy and Spain are already starting to regret giving up their autonomy for the convenience of not having to worry about exchange rates when they go on holiday.

            We organize governments to deliver services and prevent abuse.

            by hannah on Fri Mar 15, 2013 at 01:57:28 PM PDT

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