Grand Bargain Is the Wrong Solution

Grand Bargain Is the Wrong Solution

As Congress nears the so-called "fiscal cliff," they should listen to voters: austerity cuts are unacceptable.

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Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.

Americans, listening to the intensifying debate about the fiscal showdown in Washington, must think they’ve entered an “Alice in Wonderland” world. The lame duck Congress only returns to Washington this week, but already the lame is drowning out the logical.

Americans have just voted to reelect the president with clear priorities. They want Washington to get to work creating jobs and economic growth. They expect the president to raise taxes on the richest two percent in order to invest in areas vital to our future, as he pledged repeatedly across the country. They didn’t hear much about the so-called “fiscal cliff” in the election campaign, but their opinions on what is acceptable in any grand bargain are very clear.

In the election eve poll done by the Democracy Corps for the Campaign for America’s Future (disclosure: I serve on the board of the Campaign’s sister institution, the Institute for America’s Future), voters were asked what would be unacceptable in a large deal to reduce deficits. Seventy-nine percent found cuts to Medicare benefits unacceptable; 62 percent found cuts to Social Security unacceptable. And a stunning three in four found across the board domestic cuts that didn’t protect programs for “infants, poor children, schools and college aid” unacceptable.

Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.

 

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Katrina vanden Huevel
Editor and Publisher, The Nation

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