{"id":2861,"date":"2011-08-02T22:16:17","date_gmt":"2011-08-03T02:16:17","guid":{"rendered":"http:\/\/adam-jackson.net\/blog\/?p=2861"},"modified":"2011-08-02T22:16:17","modified_gmt":"2011-08-03T02:16:17","slug":"how-republicans-screwed-the-pooch","status":"publish","type":"post","link":"https:\/\/adamchandler.me\/blog\/2011\/08\/02\/how-republicans-screwed-the-pooch\/","title":{"rendered":"\u2605 &#8220;How Republicans Screwed the Pooch&#8221;"},"content":{"rendered":"<p><a href=\"http:\/\/www.thedailybeast.com\/articles\/2011\/07\/29\/republicans-on-the-debt-ceiling-screwing-over-america.html\">The Daily Beast<\/a>:<\/p>\n<div>\n<blockquote><p>There it sits, lonely and forlorn on my shelf. A leather-bound copy of the 1999 Budget of the United States of America. A gift from\u00a0<a href=\"http:\/\/www.thedailybeast.com\/cheats\/2011\/07\/19\/bill-clinton-how-i-d-fix-debt-crisis.html\" target=\"_blank\">President Clinton<\/a>\u00a0to the folks on his team, it was the first balanced budget in decades.<\/p><\/blockquote>\n<\/div>\n<blockquote>\n<div>\n<p>But it wasn&#8217;t supposed to be the last. Indeed, experts projected surpluses as far as the eye could see: $5.7 trillion in surpluses, to be exact. The surpluses were so strong that deep into the future\u2014in 2009\u2014the entire national debt was going to be zero. For the first time since Andy Jackson was president, the United States of America would not owe a dime.<\/p>\n<\/div>\n<\/blockquote>\n<div>\n<blockquote><p>It didn&#8217;t quite work out that way, did it? As Washington seems paralyzed,\u00a0<a href=\"http:\/\/www.thedailybeast.com\/cheats\/2011\/07\/29\/economy-slowed-sharply-in-first-half.html\" target=\"_blank\">our economy stagnates<\/a>, and America&#8217;s full faith and credit is on the brink, it is useful to recall how we got here. This was not an act of nature. There was no unforeseen earthquake, no tsunami, no hurricane that wiped out our surplus. It was instead a\u00a0<a href=\"http:\/\/www.thedailybeast.com\/cheats\/2011\/07\/29\/house-passes-gop-debt-plan.html\" target=\"_blank\">Republican House<\/a>, a Republican Senate, and a Republican president who squandered the surplus. In full possession of the federal government for the first time since Eisenhower, the GOP\u2014with, to be fair, some help from some very foolish Democrats\u2014systematically dismantled the economic and fiscal policies that produced the strongest economy and largest budget surplus in our history.<\/p><\/blockquote>\n<p>The rest of the article is crap because I don&#8217;t care about sides. I don&#8217;t pick sides and vote in an educated way each year. Once you think in left \/ right or day \/ night, you&#8217;ve lost. Sides creates civil tension and war. Sides are bullshit.<\/p>\n<p>However, the opening of this article was great! I remember vividly the excitement I felt in 1999 when I was in middle school when I watched a report on 60 minutes about Clinton balancing the budget. There would be a surplus by now if the plan had been followed. I don&#8217;t blame the Iraq war or the Bush Tax Cuts or anything else. Blame can be spread all over but it&#8217;s more important to realize we DID balance the budget and the man that did it is still alive. Call Bill up and balance it. We can do this.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"The Daily Beast: There it sits, lonely and forlorn on my shelf. A leather-bound copy of the 1999&hellip;\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_custom_appearance":"","csco_disable_excerpt_posts_layout":false,"csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7],"tags":[],"class_list":["post-2861","post","type-post","status-publish","format-standard","category-linked","cs-entry","cs-video-wrap"],"apple_news_notices":[],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/pb3IC4-K9","jetpack-related-posts":[{"id":6655,"url":"https:\/\/adamchandler.me\/blog\/2017\/02\/15\/linked-repealing-obamacare-just-what-the-doctor-ordered-for-wealthy-investors\/","url_meta":{"origin":2861,"position":0},"title":"Linked: &#8220;Repealing Obamacare: Just what the doctor ordered for wealthy investors&#8221;","author":"Adam Chandler","date":"February 15, 2017","format":false,"excerpt":"via CNBC: Urged on by Trump, the Senate overnight adopted a budget resolution that clears a path for eliminating the tax-and-spending provisions of the Affordable Care Act by simple majority vote \u2014 no Democratic cooperation required. That means repeal of two provisions targeted at high-income households: a 0.9 percent hospital\u2026","rel":"","context":"In &quot;Linked&quot;","block_context":{"text":"Linked","link":"https:\/\/adamchandler.me\/blog\/category\/linked\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6010,"url":"https:\/\/adamchandler.me\/blog\/2016\/07\/29\/linked-san-francisco-has-become-one-huge-metaphor-for-economic-inequality-in-america\/","url_meta":{"origin":2861,"position":1},"title":"Linked: &#8220;San Francisco has become one huge metaphor for economic inequality in America&#8221;","author":"Adam Chandler","date":"July 29, 2016","format":false,"excerpt":"via QZ: According to a recent study by the California Budget Center, San Francisco ranks first in California for economic inequality. The average income of the top 1% of households in the city averages $3.6 million, 44 times the average income of the bottom 99%, which stands at $81,094. The\u2026","rel":"","context":"In &quot;Linked&quot;","block_context":{"text":"Linked","link":"https:\/\/adamchandler.me\/blog\/category\/linked\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6426,"url":"https:\/\/adamchandler.me\/blog\/2016\/12\/13\/linked-why-more-millennials-are-avoiding-sex\/","url_meta":{"origin":2861,"position":2},"title":"Linked: &#8220;Why more millennials are avoiding sex&#8221;","author":"Adam Chandler","date":"December 13, 2016","format":false,"excerpt":"via The Washington Post: Recent research also shows that, overall, millennials \u2014 people born between the early 1980s and 2000 \u2014 have fewer sexual partners than baby boomers and those in Generation X, the group immediately preceding them. Granted, the vast majority of young adults are still having sex, but\u2026","rel":"","context":"In &quot;Linked&quot;","block_context":{"text":"Linked","link":"https:\/\/adamchandler.me\/blog\/category\/linked\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4205,"url":"https:\/\/adamchandler.me\/blog\/2014\/08\/25\/linked-n-s-a-collecting-millions-of-faces-from-web-images\/","url_meta":{"origin":2861,"position":3},"title":"Linked: N.S.A. Collecting Millions of Faces From Web Images","author":"Adam Chandler","date":"August 25, 2014","format":false,"excerpt":"via NYTimes: The N.S.A., though, is unique in its ability to match images with huge troves of private communications .\u201cWe would not be doing our job if we didn\u2019t seek ways to continuously improve the precision of signals intelligence activities \u2014 aiming to counteract the efforts of valid foreign intelligence\u2026","rel":"","context":"In &quot;Linked&quot;","block_context":{"text":"Linked","link":"https:\/\/adamchandler.me\/blog\/category\/linked\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2906,"url":"https:\/\/adamchandler.me\/blog\/2011\/08\/15\/balancing-the-budget\/","url_meta":{"origin":2861,"position":4},"title":"\u2605 Balancing the Budget","author":"Adam Chandler","date":"August 15, 2011","format":false,"excerpt":"In These Times: Invoking his experience as a plastics salesman, Boehner asks why government doesn\u2019t act like other businesses that \u201clive within their means.\u201d But virtually every business\u2014big or small\u2014borrows money to operate and grow. More obviously, government is not a business. Its \u201cmeans\u201d depend on its tax revenue, which\u2026","rel":"","context":"In &quot;Linked&quot;","block_context":{"text":"Linked","link":"https:\/\/adamchandler.me\/blog\/category\/linked\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2398,"url":"https:\/\/adamchandler.me\/blog\/2011\/05\/22\/what-the-united-states-can-learn-from-europe\/","url_meta":{"origin":2861,"position":5},"title":"\u2605 What the United States Can Learn from Europe","author":"Adam Chandler","date":"May 22, 2011","format":false,"excerpt":"Europe cares. There's a care about design, efficiency, life, food, conservation, arts, history, culture. Europe cares. As I navigate Europe a bit more each time, I'm making more friends. Now, the trips here turn into me saying I simply don't have time to visit specific places even though a friend\u2026","rel":"","context":"In &quot;Ideas&quot;","block_context":{"text":"Ideas","link":"https:\/\/adamchandler.me\/blog\/category\/ideas\/"},"img":{"alt_text":"Wind Turbines in Holland","src":"https:\/\/i0.wp.com\/farm4.static.flickr.com\/3261\/5747546226_689e029828_z.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/farm4.static.flickr.com\/3261\/5747546226_689e029828_z.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/farm4.static.flickr.com\/3261\/5747546226_689e029828_z.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/posts\/2861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/comments?post=2861"}],"version-history":[{"count":0,"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/posts\/2861\/revisions"}],"wp:attachment":[{"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/media?parent=2861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/categories?post=2861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamchandler.me\/blog\/wp-json\/wp\/v2\/tags?post=2861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}