a) Conventional Wisdom should be re-dubbed Incontrovertible Ignorance, and
b) Our corporate mass media does a thoroughly shitty job of informing the public
(I suspect this is entirely intentional).
Like the age old game show question asked: Who Do You Trust?
Dave Johnson has written a very handy piece called: Eight False Things The Public “Knows” Prior To Election Day:
Read on for more.
1) President Obama tripled the deficit.
Reality: Bush's last budget had a $1.416 trillion deficit. Obama's first reduced that to $1.29 trillion.
2) President Obama raised taxes, which hurt the economy.
Reality: Obama cut taxes. 40% of the "stimulus" was wasted on tax cuts which only create debt, which is why it was so much less effective than it could have been.
3) President Obama bailed out the banks.
Reality: While many people conflate the "stimulus" with the bank bailouts, the bank bailouts were requested by President Bush and his Treasury Secretary, former Goldman Sachs CEO Henry Paulson. (Paulson also wanted the bailouts to be "non-reviewable by any court or any agency.") The bailouts passed and began before the 2008 election of President Obama.
4) The stimulus didn't work.
Reality: The stimulus worked, but was not enough. In fact, according to the Congressional Budget Office, the stimulus raised employment by between 1.4 million and 3.3 million jobs.
5) Businesses will hire if they get tax cuts.
Reality: A business hires the right number of employees to meet demand. Having extra cash does not cause a business to hire, but a business that has a demand for what it does will find the money to hire. Businesses want customers, not tax cuts.
6) Health care reform costs $1 trillion.
Reality: The health care reform reduces government deficits by $138 billion.
7) Social Security is a Ponzi scheme, is "going broke," people live longer, fewer workers per retiree, etc.
Reality: Social Security has run a surplus since it began, has a trust fund in the trillions, is completely sound for at least 25 more years and cannot legally borrow so cannot contribute to the deficit (compare that to the military budget!) Life expectancy is only longer because fewer babies die; people who reach 65 live about the same number of years as they used to.
8) Government spending takes money out of the economy.
Reality: Government is We, the People and the money it spends is on We, the People. Many people do not know that it is government that builds the roads, airports, ports, courts, schools and other things that are the soil in which business thrives. Many people think that all government spending is on "welfare" and "foreign aid" when that is only a small part of the government's budget.
I've been having some interesting chats with mildly interested voters. And this is exactly the kind of thing that is really helpful in winning them over. They are busy, they are dealing with these issues in a very haphazard fashion and a lot of their ideas come from a sort of conventional wisdom osmosis. If you can present them with some simple explanations about why things are not as they think, they're receptive to it.
I'm not talking about the tea partiers, of course. They are "informed" by Glenn Beck and there's no getting to them. But your average independent voter or casual liberal voter is persuadable on this stuff.
1 comment:
What about the public "knowing" that Obama is a Kenyan Islamofascist socialist nazi, that climate change/global warming is a hoax, and that tax cuts for billionaires and total deregulation of corporate criminals will save the economy?
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