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Wednesday, August 10, 2011

The Tea Party / Reichert / Herrera Downgrade

Posted by on Wed, Aug 10, 2011 at 12:14 PM

There's an opening to tag Republicans with responsibility for the S&P downgrade, and national Democrats clearly sense this. Today I've received two nearly identical press releases, both building off S&P's explanation that it lowered the U.S. credit rating from AAA to AA+ in part because of the "the majority of Republicans in Congress [who] continue to resist any measure that would raise revenues."

Hence, according to one of the Democratic releases, "Representative Dave Reichert was one of those Republicans unwilling to end subsidies for Big Oil or tax breaks for millionaires and billionaires in order get our fiscal house in order. The Reichert-Boehner downgrade of American credit could raise interest rates for consumers—raising costs of credit cards, car loans, and mortgages."

And, according to another, "Representative Jaime Herrera Beutler’s reckless protection of tax breaks for Big Oil and billionaires cost our nation it’s AAA credit rating and could hit the American people with higher interest rates."

But, for those keeping score at home, we now have the Tea Party / Reichert / Herrera / Boehner Downgrade.

You see what I'm getting at. This label is getting a bit long and unwieldy. Sure, maybe there's a value to the buckshot approach to blame-casting. And maybe national Dems would say the press releases I'm getting don't reflect a buckshot approach, but a rather micro-targeted approach that hits every Republican in the district he or she represents.

Still, it would be much more powerful—especially at a time when everyone's fretting about whether Dems can find a useful villain—for Dems to find just one useful villain (hint: Herrera and Reichert are probably too small potatoes) and then, all at once, use that villain, loudly.

 

Comments (5) RSS

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Geni 1
Oh, god, fuck finding a villain. I wish someone somewhere was looking for solutions instead of trying to find someone to blame. This rising tsunami will swamp all boats.
Posted by Geni on August 10, 2011 at 12:16 PM
Joe Szilagyi 2
I'm waiting for the backlash when the GOP starts to paint credit agencies as existential threats to us who are interfering with our "sovereign political destiny", and similar bullshit, to rally the nutbars against them. One more step toward the 1930s...
Posted by Joe Szilagyi http://twitter.com/joeszi on August 10, 2011 at 12:24 PM
3
duh the villain is the REPUBLICAN PARTY, the republicans in the house.

the person to call them a villian is PRESIDENT OBAMA.

FDR HST LBJ JFK and WJC would not need to be told this. We the base shouldn't need to find someone to call out the villians. It's so easy. It's on Obama -- just just won't fucking do it.

"Today the average American family lost $5,000 in their 401K. This is because the republicans in congress threatened to default. This is an attack on the united states. to prevent future attacks, and protect your savings, I am now invoking the 14th amendmetn to declare no future legislation raising the debt ceiling is needed. I will have a series of stadium meetings in 20 swing districts to explain this. The first one is in a district in wisonsin, then ohio -- boehner's district -- then in pennsylvania.

I will also explain how the deficit can be solved by letting bush tax cuts expire. the rich only need to pay an extra $30 per thousand dollars of income over $250K -- they can do it and if they don't want to SHAME ON THEM, THE VILLIANS."
Posted by easy advice on August 10, 2011 at 12:33 PM
MacCrocodile 4
Do we seriously need to list every subdivision of the Republican party every time we say it? Why not just alternate between the Republican Downgrade and the GOP Downgrade. That covers everybody and won't allow them to "prefer" whichever term isn't associated with the downgrade.
Posted by MacCrocodile http://maccrocodile.com/ on August 10, 2011 at 2:19 PM
crazycatguy 5
Except that the downgrade will not result in higher interest rates. If anything, they are headed down.
Posted by crazycatguy on August 10, 2011 at 3:59 PM

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