Thom's blog
The final step in Ronald Reagan’s "starve the beast" economics...
If you thought the Paul Ryan plan to privatize Medicare was bad – wait until you see what Republicans have up their sleeve today. Republicans in the House today will vote on THEIR plan to raise the debt-limit – which includes a balanced budget amendment that makes sure the government can’t close loopholes on rich people in the future – and can’t spend any money beyond a certain threshold – even if emergency spending is needed to fight off a recession or some other crisis.
The balanced budget amendment will require a 25% spending cut in every single government program – from Social Security – to Medicare – to Veteran’s benefits – and will return government spending to it’s lowest levels since 1966 – when the United States population stood at 100 million people fewer than it is today. No President has ever supported a spending cut and structural changes this massive – yet Republicans feel that with our nation in a Great Depression and real unemployment above 16% - that now is the perfect time to blockade government spending – just like Herbert Hoover did.
What we’re seeing unfold in the House today is the final step in Ronald Reagan’s "starve the beast" economics – and if Republicans are successful – we’re all screwed.
-Thom
(Do you think they will succeed? Tell us here.)
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Tonight on The Big Picture on RT TV at 9pm and 11pm... enjoy a best of show while the studio is down for regular maintenance (check your local listings for stations or stream at RT, and catch past shows on Youtube)
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Read Thom's Book for Free!
Now you can read all of Thom Hartmann's " Unequal Protection: How Corporations Became 'People' and How You Can Fight Back" for free online. Truthout is publishing weekly installments over the coming weeks. Read the Chapter Eight: Corporations Go Global today.
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The Daily Stack
Quote: "America cannot hold itself as a moral beacon to the world if it violates the rule of law by engaging in illegal spying, torture and secrecy. The ACLU is committed to making sure that our government complies with universally recognized human rights principles and upholds our Constitution." -- Jamil Dakwar.
Hour One: Rupert Murdoch Has Gamed American Politics Every Bit as Thoroughly as Britain's John Nichols, Washington Correspondent - The Nation Magazine
Hour Three: The CIA's Secret Sites in Somalia Jeremy Scahill, Investigative Journalist
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Coming up Wednesday on The Thom Hartmann Program
Hour Two: "Reaganomics is the Only Way"...what?! Thom confronts Peter Ferrara, General counsel of the American Civil Rights Union, author
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program... your media support group for we the people.
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Thom's Poll
Is the Game Up at Fox So-Called News?
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Watch & Listen to Thom
Thom Hartmann - Don't cut money from real job creators - the workers
Thom Hartmann: Murdoch - James Bond villain?
Thom Hartmann: CA prison inmates dying for human rights
Thom Hartmann: Has "Big Pharma" turned Americans into psychotics?
Thom Hartmann: Can Republican get elected without fraud & treason?
Thom Hartmann on the News: July 19, 2011
Thom Hartmann & Jeremy Scahill: The CIA's Secret Sites in Somalia
Thom Hartmann & John Nichols: Rupert Murdoch Has Gamed American Politics Too
Self Proclaimed American Traditionalist picks a fight with Thom Hartmann
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Show Info
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Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook.
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