The Washington Post's Ruth Marcus, who has already shown she'd rather bash unions than get her facts straight was at it again on during the panel segment on ABC's This Week. Marcus described anyone who is opposed to the report issued by the Catfood Commission's co-chairs as "behaving incredibly childishly" and thinks we should be listening to the adult in the room, Mr.-We-Need-Some-Shock-Therapy Kent Conrad.
Thankfully Paul Krugman was there for some push back but he was outnumbered by the wingnuts on the panel three to one.
AMANPOUR: The deficit commission, we had two members just -- just -- just earlier. You've written very, very strongly about a lot of the proposals, among other things, saying this proposal clearly represents a major transfer of income upward from the middle class to a small minority of wealthy Americans.
KRUGMAN: Yes. I think the most important thing to understand is that the commission did not do its job. It has a bunch of ideas for reducing the deficit, some good, some really bad, some of them not ideas about reducing the deficit at all.
But, you know, anybody, it's easy to come up with ideas. I can come up with ideas for reducing the deficit while padding my tummy and rubbing my head, you know?
AMANPOUR: What should they have done?
KRUGMAN: What they -- what they were supposed to do was produce something that was good enough to have an up-and-down vote, something that a lot of people could sign on to, and they did not do that.
In particular, now, leaving aside the distributional stuff -- which is awful -- the core of the deficit problem, everybody who's serious knows the core is health care costs, and you have to reduce health care costs, not reduce them, but reduce the rate of growth. The way you have to do that is by deciding what you're going to be willing to pay for.
They completely wimped out on that. They simply assumed they were going to reduce the rate of health care cost growth. And they said, how are we going to do that? By monitoring and taking additional measures as necessary.
So the report was completely empty on the only thing that really matters and then had a whole bunch of things which involved large tax cuts for the top bracket. What on Earth is that doing in there?