Monday, March 14, 2011

Paul Krugman: Leaving The Children Behind In Texas

NYTimes : Paul Krugman OpEd:

Will 2011 be the year of fiscal austerity? At the federal level, it’s still not clear: Republicans are demanding draconian spending cuts, but we don’t yet know how far they’re willing to go in a showdown with President Obama. At the state and local level, however, there’s no doubt about it: big spending cuts are coming.

And who will bear the brunt of these cuts? America’s children.

Now, politicians — and especially, in my experience, conservative politicians — always claim to be deeply concerned about the nation’s children. Back during the 2000 campaign, then-candidate George W. Bush, touting the “Texas miracle” of dramatically lower dropout rates, declared that he wanted to be the “education president.” Today, advocates of big spending cuts often claim that their greatest concern is the burden of debt our children will face.

In practice, however, when advocates of lower spending get a chance to put their ideas into practice, the burden always seems to fall disproportionately on those very children they claim to hold so dear.

Consider, as a case in point, what’s happening in Texas, which more and more seems to be where America’s political future happens first.

Texas likes to portray itself as a model of small government, and indeed it is. Taxes are low, at least if you’re in the upper part of the income distribution (taxes on the bottom 40 percent of the population are actually above the national average). Government spending is also low. And to be fair, low taxes may be one reason for the state’s rapid population growth, although low housing prices are surely much more important.

But here’s the thing: While low spending may sound good in the abstract, what it amounts to in practice is low spending on children, who account directly or indirectly for a large part of government outlays at the state and local level.

And in low-tax, low-spending Texas, the kids are not all right.

Read the full Paul Krugman OpEd @ NYTimes.com

Republicans Take From American Familes To Give To The Rich

With oil prices now more than $100 a barrel, gas prices pushing $4 a gallon and oil companies reporting tens of billions of dollars in profits every quarter, it seems like it's time for Congress to eliminate tax credits for the oil and gas industry.

The budget President Obama submitted to Congress last month proposed repealing oil and gas subsidies – subsidies that come in the form of tax credits, or in plain terms, taxpayers giving their money to oil, gas and coal companies. The White House estimates that repealing those fossil energy company tax credits would save $46 billion, but House Republicans strongly defend those taxpayer giveaways.

After extending the Bush tax cuts for billionaires in December, which worsens the budget deficit by $900 billion, the Republicans passed $60 billion in spending cuts for programs that range from disaster relief funding to helping young people find jobs. Here are a few of the programs House Republicans voted to slash.

Alliance For A Clean Texas (ACT) Lobby Day

by Bob Fusinato

For those interested in moving toward an environmentally responsible and sustainable resource economy here are some links to Alliance for a Clean (ACT) lobby day to be held in Austin on March 14th and 15th:

Sunday, March 13, 2011

Save Texas Schools Rally At The TX Capitol

Updated Sunday March 13, 2011 @ 1:51pm

The Save Texas Schools organization held a rally and march at the State Capitol on Saturday March 12, 2011. An estimated eleven thousand parents, teachers, students, community members, business owners, and faith organizations converged on the Capitol to voice their opposition to draconian education cuts planned by Gov. Perry and the Republican controlled legislature. Event organizers said they ran out of the 11,000 stickers they brought to hand out to the participants.

In addition to tapping the Rainy Day fund, rally-goers urged Gov. Rick Perry to sign the application for the $830 million currently tied up in a political fight in Congress from the federal Education Jobs fund. They also asked Texas lawmakers to fix the state’s public education funding mechanism.