Paul Krugman notes in his current NY Times column: media reports that the deficit threatens economic stability "aren't facts."

Many economists take a much calmer view of budget deficits than anything you’ll see on TV. Nor do investors seem unduly concerned: U.S. government bonds continue to find ready buyers, even at historically low interest rates.... Contrary to what you often hear, the large deficit the federal government is running right now isn’t the result of runaway spending growth. Instead, well more than half of the deficit was caused by the ongoing economic crisis, which has led to a plunge in tax receipts, required federal bailouts of financial institutions, and been met — appropriately — with temporary measures to stimulate growth and support employment.

The point is that running big deficits in the face of the worst economic slump since the 1930s is actually the right thing to do. If anything, deficits should be bigger than they are because the government should be doing more than it is to create jobs.

Read the whole column here.

The January Kaiser Health Tracking poll finds that a majority of the public still supports the idea that "it is more important than ever to take on health reform now." The poll further finds that while Americans are divided over Congressional health care proposals, even skeptics grow more supportive when they learn specific details of the proposals, such as:

• Tax credits for small businesses
• Health insurance exchanges
• Insurers prevented from denying coverage on pre-existing conditions

http://kff.org/kaiserpolls/8042.cfm

by Robert Parry
Reprinted from ConsortiumNews.com

This past week, grappling with the twin top stories of Haiti’s earthquake tragedy and the Massachusetts Senate race, MSNBC’s Chris Matthews personified the strange mix of puffed-up self-importance and total lack of self-awareness that has come to define America’s media punditocracy.

During "Hardball" programs of recent days, Matthews has veered from pontificating about how the killer earthquake in Haiti might finally cause its people to get "serious" about their politics to explaining how Massachusetts Attorney General Martha Coakley deserves to lose, in part, because she called ex-Boston Red Sox pitcher Curt Schilling "a Yankees fan."

Not only did Matthews’s remarks about Haitian politics reflect a profound ignorance about that country and its history, but he seemed blissfully clueless about his own role as a purveyor of political trivia over substance in his dozen years as a TV talk-show host in the United States, as demonstrated in his poll-and-gaffe-obsessed coverage of the important Massachusetts Senate race.

Indeed, Matthews may be the archetype of what’s wrong with the U.S. news media, a devotee of conventional wisdom who splashes in the shallowest baby pool of American politics while pretending to be the big boy who's diving into the deep end.

... [T]he president's approval ratings are quite healthy in light of an unemployment rate that's gone over 10 percent and a nearly unprecedented destruction of personal wealth.

The conservatives' focus on ideology ... is an opportunistic way of distracting attention from the mistakes of the Bush years and the role conservative policies played in bringing us to this point. To cite ideology rather than the economy in explaining the poll numbers is like analyzing the causes of Civil War without any reference to slavery or the rise of the New Deal without mention of the Great Depression.

— E.J. Dionne in The New Republic

From the New York Times:

Handing President Obama a hard-fought victory, the House narrowly approved a sweeping overhaul of the nation’s health care system on Saturday night, advancing legislation that Democrats said could stand as their defining social policy achievement.

After a daylong clash with Republicans over what has been a Democratic goal for decades, lawmakers voted 220 to 215 to approve a plan that would cost $1.1 trillion over 10 years. Democrats said the legislation would provide overdue relief to Americans struggling to buy or hold on to health insurance.

"This is our moment to revolutionize health care in this country,”" said Representative George Miller, Democrat of California and one of the chief architects of the bill.

by Walter Brasch

Sarah Palin said she had a "higher calling" that required her to resign 17 months before her term ended as governor of Alaska, and not to seek a second term.

I have no idea where this "higher calling" came from, but I suspect it could only have come from two sources. The first one is God. I don't know what God said to Sarah Palin, but I suspect it might have been something like this:

"Sarah. I am a patient God. But, you have tried my patience. You are an embarrassment to my ideals, to yourself, to the people of your state, and to your country. Me, and my wolves and moose, would like you to please resign and devote the rest of your life in spiritual embrace of a better life. Oh, by the way, I knew a Sarah, and you are no Sarah."

With George Bush back in Texas (for good, by his own admission) The Dubya Report's mission is changing slightly, to monitor the conservative movement and its paradoxical efforts to reach Karl Rove's "permanent majority" in the face of egregious evidence that its ideology has failed. Of course we'll still keep an eye on the fallout from one of the most disastrous presidencies in history.

Returning visitors will notice a few changes in our appearance. We're now powered by the Drupal content management system. Many of the familiar features are still available, either from the menu at the left or the right. And as you can see, the search facility has been moved to the home page.We'll be making more changes over the next few weeks.

So to new visitors, welcome; to returning visitors, welcome back; and we hope you'll keep coming back for the news, analysis and commentary you've come to expect from The Dubya Report.

Dubya Report contributor Publius wrote us recently:

OK, let me get this straight:

On the Republican side you have a candidate who was at the center of a major political/financial scandal that cost the taxpayers billions, who cheated on and ultimately left his disabled wife in order to marry an heiress worth 100 million, many years his junior, who herself stole prescription drugs from the non-profit she nominally headed in order to feed her addiction to prescription painkillers. He chose as his running mate a person who, despite the claim that she is a bold reformer, headed the PAC for the one of the more corrupt members of Congress, lied about her opposition to pork barrel gifts to Alaska, has evidently used her political power to fire on more than one occasion public officials who disagreed with her, or thwarted her will on purely personal matters, and is now parroting Bush/Cheney claims of executive power over the duly constituted authority of the State legislature seeking to investigate her wrongdoing. And this is not even talking about the lunacy of opposing contraception and advocating abstinence even faced with the unwed pregnancy of her 17 year old daughter.

On the Democratic side you have the son of a teenage mother who raised him as a single parent, who by dint of superior intellect and drive graduated near the top of the most prestigious law school in the country, eschewed corporate practice to work as a community organizer, and goes on to a life in politics, and has, by all accounts, an exemplary, monogamous family life, who chooses as his running mate a blue collar guy who, after his wife was killed, commuted every night from Washington to Wilmington so that he could tuck his kids in and feed them breakfast in the morning.

And the Republicans are considered the party of family values? It makes me want to scream.
-- September 2, 2008