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Intro: "Republicans figure that if they can't sell the pig, they'll just put lipstick on it and find some suckers who will think it's something else. That's the proposal emerging in the Senate from Republican Bob Corker of Tennessee and also Democrat Claire McCaskill of Missouri. It would get the deficit down not by raising taxes on the rich but by capping federal spending. If Congress failed to stay under the cap, the budget would be automatically cut."

Portrait, Robert Reich, 08/16/09. (photo: Perian Flaherty)
Portrait, Robert Reich, 08/16/09. (photo: Perian Flaherty)



The Republican Plan With Lipstick

By Robert Reich, Robert Reich's Blog

30 April 11

 

epublicans figure that if they can't sell the pig, they'll just put lipstick on it and find some suckers who will think it's something else.

That's the proposal emerging in the Senate from Republican Bob Corker of Tennessee and also Democrat Claire McCaskill of Missouri. It would get the deficit down not by raising taxes on the rich but by capping federal spending.

If Congress failed to stay under the cap, the budget would be automatically cut.

According to an analysis by the Center on Budget and Policy Priorities, the McCaskill/Corker plan would require $800 billion of cuts in 2022 alone. That's the equivalent of eliminating Medicare entirely, or the entire Department of Defense.

Obviously the Defense Department wouldn't disappear, so what would go? Giant cuts in Medicare, Medicaid, education, and much of everything else Americans depend on.

It's the Republican plan with lipstick. It would have the same exact result. But by disguising it with caps and procedures, Republicans can avoid saying what they're intending to do.

The McCaskill/Corker spending cap would also make it impossible for government to boost the economy in recessions. Which would mean even higher unemployment, lasting longer.

Other Senate Dems are showing interest in the lipsticked pig, including West Virginia's Joe Manchin. Not surpringly, Joe Lieberman is on board.

But don't be fooled, and don't let anyone else be. McCaskill/Corker is the same Republican pig.


Robert Reich is Chancellor's Professor of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written thirteen books, including "The Work of Nations," "Locked in the Cabinet," "Supercapitalism" and his latest book, "AFTERSHOCK: The Next Economy and America's Future." His 'Marketplace' commentaries can be found on publicradio.com and iTunes.

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