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Monday, October 16, 2017

Paul Krugman: The G.O.P. Is No Party for Honest Men

"A strategy based entirely on lies":

The G.O.P. Is No Party for Honest Men, by Paul Krugman, NY Times: According to a new CBS News poll, almost 60 percent of the American public believes that the current Republican tax plan favors the wealthy. Some people see this number as a sign that the plan is in trouble; I see it as a sign that Republican lies are working far better than they deserve to.
For the plan does indeed favor the wealthy — overwhelmingly.... It’s shocking that as many as 40 percent of Americans don’t realize this. ...
So the question about this plan isn’t whether it favors the wealthy — it does, to an outrageous extent. The questions we should be asking instead are why Republicans are pushing this so hard, and how they can hope to get away with it. ...
So what’s behind this priority? Follow the money. Big donors are furious at missing out on the $700 billion in tax cuts that were supposed to come out of Obamacare repeal. If they don’t get big bucks out of tax “reform,” they might close their pocketbooks for the 2018 midterm elections.
Beyond that, modern conservatism is a sort of ecosystem of media outlets, think tanks, lobbying outfits and more that offers many lucrative niches — so-called wingnut welfare — for the ideologically reliable. And that means being reliable to the interests of the wealthy.
But how can an administration that pretends to be populist, to stand up for ordinary (white) working people, sell such elitist policies?
The answer is a strategy based entirely on lies. ...
Nor do I mean that there are just one or two big lies. There are many — so many I literally don’t have space to ... list them... In a long blog post ... I came up with 10 major Republican lies about tax cuts, and I’m sure I missed a few.
So, politically, can they really get away with this? A lot depends on how the news media handles it. ...
One thing we know for sure, however, is that a great majority of Republican politicians know perfectly well that their party is lying about its tax plan — and every even halfway competent economist aligned with the party definitely understands what’s going on.
What this means is that everyone who goes along with this plan, or even remains silent in the face of the campaign of mass dissimulation, is complicit — is in effect an accomplice to the most dishonest political selling job in American history.

    Posted by on Monday, October 16, 2017 at 06:24 PM in Economics, Politics, Taxes | Permalink  Comments (79)


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