We expected to see an all-out assault on Social Security and progressive taxation, but the number of similarly-minded reports released this month is greater than we expected, the ad buys are larger, and the range of ideas is narrower.
Don't Fear the Boomers. Despite the scaremongers' attempts to incite generational war, people born between 1946 and 1964 are not going to destroy Social Security. But don't just take my word for it. Ask an actuary.
In just two hours, about half of the diverse table groups that took part in the America Speaks National Town Meeting were able to find enough common ground to reduce the deficit in 2025 by $1.2 trillion.
Cutting benefits may seem clever in Washington, where policymakers sometimes toy with the economy as if it were an ant farm. But here in the ant tunnels where the rest of us live, it's terrible politics and worse policy.
It was distressing that many progressive intellectuals leveled withering scorn at the event AmericaSpeaks held this Saturday, simply because they viewed it as a vast right-wing conspiracy to manufacture public consent to slash public programs.
The AmericaSpeaks agenda flies in the face of recommendations from Krugman, fellow Nobel winner Joseph Stiglitz, and other economists who believe we need to stimulate the economy before moving aggressively on the deficit.