Monday, May 23, 2005

Wanting a stronger safety net

Here's Paul Krugman's latest entitled, "America wants security". Krugman asserts that American's are not really happy with the administration's determination to weaken the social safety net:

It was a carefully staged Norman Rockwell scene. The street was lined with American flags; a high school band played "God Bless America."

Then, under the watchful gaze of Wal-Mart's chief operating officer, Maryland's governor vetoed a bill that would have obliged large businesses to spend more on employee health care.

The news here isn't that some politicians wrap their deference to corporate interests in the flag. The news, instead, is that Maryland's State Legislature passed a pro-worker bill in the first place. In fact, the bill passed by a veto-proof majority in the Maryland Senate, and fell just short of that margin in the House.

After November's election, the victors claimed a mandate to unravel the welfare state. But the national election was about who would best defend us from gay married terrorists. At the state level, where elections were fought on bread-and-butter issues, voters sent a message that they wanted a stronger, not weaker, social safety net.

Later Krugman explains why:

There's a very good reason voters, when given a chance to make a clear choice, increasingly support a stronger, not a weaker, social safety net: they need that net more than ever. Over the past 25 years the lives of working Americans have become ever less secure. Jobs come without health insurance; 401(k)'s vanish; corporations default on their pension obligations; workers lose their jobs more often, and unemployment lasts much longer than it used to.
...
At a gala dinner in his honor, Tom DeLay cited his party's recent achievements: "bankruptcy reform, class-action reform, energy, border security, repealing the death tax." All of these measures are either irrelevant to or actively hostile to the economic security of working Americans.

Yet as Mr. DeLay boasted, many Democratic members of Congress also voted in support of these measures. In so doing, they undermined their party's ability to claim that it stands for something different.

Once again I must voice my disappointment in the Democrats. We need a true opposition party in this country. Sadly we don't have one. Nevertheless, I don't recommend giving up on the Democratic Party since, really, it's our only hope. Rather I think we need to make our voices heard and insist that the party leaders grow some spine.

Krugman ends by predicting another severe depression. Remember, he is an economist. A prediction like that coming from him is very worrying indeed.

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