Wednesday :: Dec 19, 2007

More on the Terrible Bush/Clinton dynasty


by eriposte

Remember the Bush/Clinton dynasty? Well, Paul Krugman has once again seriously violated the 2008 Democratic Presidential Primary Rulebook by saying That Which Cannot Be SaidTM about this dynasty (emphasis mine):

Here’s what the numbers say about percentage gains in after-tax income from 2003 to 2005:

Bottom quintile: 2%
Next quintile: 2.4%
Middle quintile: 3.9%
Fourth quintile: 3.7%
Top quintile: 16%

Top 10%: 20.9%
Top 5%: 27.7%
Top 1%: 43.5%

It was a boom, all right — but only for a few people.

One other thing that’s striking from the report, by the way, is that over the 26 years the estimates span, the only significant gains for the bottom two quintiles, and most of the gains for the middle quintile, took place during the Clinton years. Exactly why is an interesting question, but the empirical fact is that over the past generation the only good years for lower and middle income families were when a Democrat was in the White House. This is an example of a broader, and honestly mysterious, correlation identified by Larry Bartels in his paper “Partisan politics and the U.S. income distribution.”

Looks like Krugman has completely lost it! First, he forgot that social security is in a crisis, then he forgot that you can easily get cost-effective universal healthcare by not mandating that all Americans should get enrolled for healthcare (with appropriate subsidies), and now he's blatantly ignoring the candidates who are really for the middle class and for reducing poverty by talking about highly irrelevant and unnecessarily distracting things during the campaign season! Let me just say that his inordinate and inexcusable focus on facts during this campaign has been a direct insult to the Straight-Talking Reality-Based CommunityTM, especially given the disturbing details about the Bush/Clinton dynasty and Sen. Hillary Clinton.

The sad story does not end there. There's this guy MarkW - who went completely off the reservation - scandalously making references to facts like balanced budgets, record economic growth, 22 million jobs created, significant growth in median income, and a historic drop in poverty during the Clinton years. What's worse, he sorely disappoints by talking about Hillary Clinton's repeated attempts to pass child safety legislation and legislation to help disabled children (including his own), among other things. At least he was wise enough not to highlight how, during the 1990s, the Clintons fought and defeated repeated attempts to pass a Bankruptcy Bill that was supported by He Who Cannot Not Be Named Any MoreTM (more on what happened after the 1990s, here), how the now-Evil Senator from New York fought to get universal healthcare and failed but managed to get the State Children's Health Insurance Program (S-CHIP) passed, how the minimum wage was raised in 1996, and how Bill Clinton raised taxes on the wealthy - utterly destructive facts. To top it all off, we have reader Masslib, also disappointing all of us by daring to post videos about ordinary people who are switching their support to Sen. Clinton and about others who like and support her for various inexplicable and entirely unjustifiable reasons. It's almost as if all these people laughably believe that Hillary Clinton is a human being whose record is worth defending! That, dear friends, is extraordinarily disturbing and scandalous, especially considering that, unlike FDR, Hillary Clinton has already single-handedly destroyed America. If you don't believe me, just ask Chris Matthews, Norah O'Donnell, Andrew Sullivan, Frank Rich, Maureen Dowd, Gail Collins, and their fellow Villagers!

Finally, since we are on the topic of going off the reservation, what in the world happened to the usually smart Steve Clemons and to Earl-Ofari Hutchinson? And what's with Eric Boehlert? Looks like he's in the tank too.

P.S. Taylor Marsh has some thoughts on why prominent Republican Concern Trolls seem to be lining up behind The Other Person Who Cannot Be Named Any MoreTM.

eriposte :: 6:34 AM :: Comments (22) :: Spotlight :: Digg It!