In Case You Missed It: We’re Still Heading Towards a Debt Crisis

These past few weeks have seen their share of crisis and controversy in the nation’s capital. But, yesterday’s news from the CBO is significant and should not be missed. It will play a major role in the debt ceiling and budget debates that will highlight the next two months.

Yesterday, the non-partisan Congressional Budget Office (CBO) released its annual report on the long-term budget projections for the federal government. Their conclusion: despite the sequestration cuts and tax hikes on the rich from last year, the United States is still on a path towards a debt crisis because we have not reigned in our spending on entitlements.

According to the CBO, “[t]he $2.1 trillion in spending cuts passed by Congress in 2011 won’t curb the growth of entitlements that poses a fiscal-crisis risk in the next 25 years.” (Bloomberg). Consequently, by 2038, the public debt will be equal to the total output of the U.S. economy. And as The New York Times described it, “lawmakers have been cutting the wrong kind of federal spending as they try to avoid the unsustainable buildup of debt that is projected in the coming decades.”

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Milwaukee Area Divide in Voting Is Unusually Deep, Gilbert and Franklin Say

 

It isn’t just that we disagree whether we prefer pepperoni or anchovies on our pizza. We disagree about what pepperoni and anchovies are. And we disagree in increasingly strong ways.

That’s one way that Charles Franklin, professor of law and public policy at Marquette University Law School, described the sharply partisan atmosphere of American politics. He spoke Thursday in the Appellate Courtroom of Eckstein Hall in the first session of the 2013-14 season of “On the Issues with Mike Gousha.”

Franklin and Craig Gilbert, Washington bureau chief of the Milwaukee Journal Sentinel, presented some of the early findings of research the two are conducting on polarization in politics, especially in the Milwaukee area and Wisconsin. Gilbert is on a six-month leave from the newspaper to take part in the project, supported by the Law School’s Sheldon B. Lubar Fund for Public Policy research.

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Howard Zinn’s “A People’s History of the United States”

For over twenty years, I have enjoyed reading and assigning Howard Zinn’s “A People’s History of the United States.” I especially like Zinn’s efforts to see history “from the bottom looking up,” that is, to capture the thoughts of not leaders and prosperous citizens but rather simple and subjugated people – workers, immigrants, women, African Americans, and Native Americans, among others. It therefore came as a surprise to learn that Mitch Daniels, Indiana’s former Governor and now President of Purdue University, attempted to drive Zinn’s book from Indiana’s schools.

While he was still Governor, Daniels emailed Indiana education officials asking them to prevent the use of Zinn’s book in the state’s K-12 classrooms. Daniels said “A People’s History of the United States” was a “truly execrable, anti-factual piece of disinformation.” Daniels also called the book “crap,” and he seemed pleased that “this terrible anti-American academic has finally passed away.”

Daniels’ criticism of Zinn and his work is on one level political. To wit, we have a right-wing politician condemning a leftist historian, albeit one who is deceased. (Didn’t Daniels’ parents ever tell him to let the dead rest in peace?) On a more fundamental level, Daniels’ criticism of Zinn also betrays a failure to grasp what the writing and the study of history entails.  

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