Editore"s Note
Tilting at Windmills

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October 19, 2009

ANOTHER PRIMER FOR JUDD GREGG.... Sen. Judd Gregg (R-N.H.) appeared on CNN yesterday to discuss the latest deficit numbers, and the network described him as "a leading fiscal mind on Capitol Hill." I wish they wouldn't do that -- lending him unearned credibility suggests to the public that Gregg knows what he's talking about.

That's a dubious proposition, at best.

"You talk about systemic risk [caused the federal budget deficit]. The systemic risk today is the Congress of the United States," the Ranking Republican on the Senate Budget Committee told CNN Chief National Correspondent John King, "that we're creating these massive debts which we're passing on to our children. We're going to undermine fundamentally the quality of life for our children by doing this."

"Now you can't blame that on [former President] George [W.] Bush," Greg said, noting that using the Obama administration's projections the budget deficit for the next ten years is $1 trillion per year.... The figures, Gregg told King, "mean we're basically on the path to a banana-republic-type of financial situation in this country. And you just can't do that. You can't keep running these [federal] programs out [into the future] and not paying for them. And you can't keep throwing debt on top of debt."

This isn't the first time Gregg has appeared on national television to repeat bogus talking points about the budget, but that doesn't make it any less annoying.

First, Gregg says we can't blame the deficit on Bush. Of course we can. The largest driving factor behind the $1.4 trillion shortfall is Bush administration policies. Those were policies, not incidentally, that Gregg supported enthusiastically for eight years.

Second, Gregg mentioned Obama projections over the next decade. What he neglected to mention was the key detail: "[P]roperly accounted for, the deficit actually goes down when you compare Obama's budget proposals to current policy, not up."

And finally, why Gregg thinks he has any credibility on this issue is a mystery. Policymakers are "creating these massive debts which we're passing on to our children"? What a convenient time for Gregg to notice. It was, after all, Judd Gregg who voted for massive tax cuts the country couldn't afford. It was also Judd Gregg who voted to finance two costly wars entirely through deficit spending. Judd Gregg also didn't hesitate to put Medicare Part D and No Child Left Behind on the national charge card, left for some future generation to worry about.

All told, Gregg supported policies that added $5 trillion to the national debt in just eight years. He did it all with a smile, never once running to CNN to complain about "the path to a banana-republic-type of financial situation in this country."

A "leading fiscal mind on Capitol Hill"? For all our sake, here's hoping that's not true.

Steve Benen 8:00 AM Permalink | Trackbacks | Comments (21)
 
Comments

Judd Greg(D-NH)?? is that a typo?

Posted by: par4 on October 19, 2009 at 8:05 AM | PERMALINK

I was just going to ask the same thing.

Posted by: Miss T on October 19, 2009 at 8:08 AM | PERMALINK

Yes, it's a typo. Gregg is a leftover Republican who happened not to be up for re-election when NH "purged" most of its Republicans from elected office.

Again -- broken record time -- did King ask about Gregg's voting record? Gregg was a "leading voice" on the budget & deficit situation during the Bush years & a great deal of the blame for the massive deficit can be laid at his feet. Did King do that? Did he ever bother to point out Gregg's past and thus Gregg's desire to whitewash the same?

Until the media does even a tiny bit of homework, our system will remain as broken as it is now.

Posted by: zhak on October 19, 2009 at 8:10 AM | PERMALINK

On CNN (corporately nice news), every rethug is a "leading fiscal mind".

CNN has become an annoying clone of Fox Noise.

Where is Ted Turner when you need him?

But then again, GE seems intent on selling NBC Universal and the leading candidates seem to be Comcast and Rupert Murdoch. It seems as if the corporate media is intent on becoming even more of an echo chamber and message amplifier for the reich-wing.

Posted by: SadOldVet on October 19, 2009 at 8:15 AM | PERMALINK

Sen. Judd Gregg (starve-the-beast R-N.H)
Fixed.

Posted by: Chopin on October 19, 2009 at 8:20 AM | PERMALINK

Gregg got us into this mess and by gum he can get us out of it! That's why we need a Republican Congress and a Republican in the WH, only they can solve the problems that they created. I mean, that's how it works in finance right?

Posted by: Paul W. on October 19, 2009 at 8:24 AM | PERMALINK

On CNN (corporately nice news), every rethug is a "leading fiscal mind".

He was the chair of the Senate Budget Committee for much of Bush's reign.

I suspect that's why his views are given credulous credence as being "leading." In point of fact, of course, he helped balloon the deficit to the insanity it currently enjoys and has every reason to try to pass the buck to the current administration and Congress. Republicans, amongst many other failings, are incapable of admitting to or accepting the blame for, their mistakes.

Also, he's crooked, his brother in particular has made out quite nicely thanks to Gregg's deal-making.

Mr Benen: you really need to correct the D next to Gregg's name.

Posted by: zhak on October 19, 2009 at 8:37 AM | PERMALINK

Are any mainstream media outlets really fair in their reportage? Seriously--I read/see the stuff that John King/David Gregory/Wolf Blitzer say and realize that apparently much of the media functions without reporting the context of the situations on which they are reporting. AP and the WaPo have continually reported on how the administration is in disarray with regard to Policy XYZ, and how Democrats are struggling, etc.

To the media, Afghanistan really IS "Obama's war," despite the fact that Bush got us involved there eight years ago. Sure, we may all disagree on the proper course of action to pursue in Afghanistan, but blaming Obama for the seven years of folly that preceeded the inauguration is insane.

To the media, no possible health care reform is good--the WaPo website has a piece explaining that the CBO report that notes the Baucus plan is revenue-neutral may actually be very wrong becaues they are estimates. Well, that's what the CBO does--take its best guess based on data. Every sane person knows that, but the WaPo just handed critics of health care reform a nice stick to swing. Am I wrong to think that any CBO report that showed a Republican proposal as being revenue-neutral would be championed as showing the rightwing's fiscal responsibility?

It's like the entire US media have become David Broder. Creepy.

Posted by: castanea on October 19, 2009 at 8:42 AM | PERMALINK

This is the typical "Obama now owns it" BS I read daily in forums. Obama bought a used car with trillions of miles on it that needs fixing. The selective amnesia crowd just goes on and on, ignoring the past and how we got here. Healthcare for everyone and a cure for selective amnesia would be wonderful.

Posted by: Dave on October 19, 2009 at 8:45 AM | PERMALINK

CNN: Conservative News Network

CNN chose to fact check a Saturday Night Live comedy sketch.

When idiots like Gregg spew misinformation they should be fact checked immediately. Same goes for any Democrat who comes on the show to speak.

I can't believe no one is addressing this. Oops. There goes a bit of my breakfast...

Posted by: Stevio on October 19, 2009 at 8:50 AM | PERMALINK

@Dave--

The selective amnesia that you cite is something that leads me to think that we are pretty much screwed.

When health care reform is passed and the national debate moves to climate change legislation, I wonder how long it will be before Obama and Democrats get blamed for global warming.

Maybe this is the sort of thing that happens when empires crumble.

Posted by: castanea on October 19, 2009 at 9:03 AM | PERMALINK

And to think Obama invited this loser to be part of his cabinet.

Posted by: qwerty on October 19, 2009 at 9:12 AM | PERMALINK

I don't have TV (for obvious reasons), so did anybody at CNN actually ask him to justify his flawed assertions, or did they just let him blather and then say, "That's all the time we have...we'll have to leave such questions for another time."?

Posted by: dweb on October 19, 2009 at 9:21 AM | PERMALINK

In the Days of Yore journalism schools had courses in Research, Fact Checking, Writing.

Now they teach Hair and Makeup, Teleprompter Reading, and Perfect Teeth. . .

Posted by: DAY on October 19, 2009 at 9:28 AM | PERMALINK

A "leading fiscal mind on Capitol Hill"? For all our sake, here's hoping that's not true.

Compared to some of his GOP compatriots, he's a frakking genius.

-Z

Posted by: Zorro on October 19, 2009 at 9:48 AM | PERMALINK

Steve your post should be titled: "A New Hampshire Yankee In King Goeorge's Court"

Posted by: The Grand Panjandrum on October 19, 2009 at 10:10 AM | PERMALINK

I think the wrong word was used to describe Judd Gregg's mind; it should be fecal not fiscal!@

Posted by: Tom on October 19, 2009 at 10:18 AM | PERMALINK

You can't keep running these [federal] programs out [into the future] and not paying for them.

This is what gets me. Democrats do want to pay for them by raising taxes on the rich and, in the case of healthcare reform, enacting a deficit neutral plan. It's Republicans who want to spend more on popular programs and on defense without coming up with any additional revenue for them. Basically, he doesn't have the guts to say we should cut these programs, he's just intimating that Obama doesn't want to pay for them and Republicans do when the reality is precisely the opposite.

Posted by: ibid on October 19, 2009 at 10:56 AM | PERMALINK

I wish they wouldn't do that -- lending him unearned credibility suggests to the public that Gregg knows what he's talking about.

Obama lent this fool credibility by asking him to be on his cabinet. Hardly seems right to hold CNN to a higher standard than the President.

Posted by: doubtful on October 19, 2009 at 2:44 PM | PERMALINK

And you can't keep throwing debt on top of debt.

Unless of course you are a Wall Street banker creating new and exciting financial IEDs - sorry, "derivatives" - in which case it's just fine and nobody should look over your shoulder or stand in your way.

Posted by: Squeaky McCrinkle on October 19, 2009 at 3:25 PM | PERMALINK

Why oh why would CNN put this guy on air as a valid speaker for fiscal responsibility?

The man is a know nothing hypocrite who is not bright enough to know how to handle a budget. CNN tries to validate a reputation that just doesn't hold up...at all...from a nasty hypocrite...who is also totally irresponsible for doing what is good for the nation rather than his party. He should be relived from congress for stupidity.

Posted by: bjobotts on October 19, 2009 at 6:20 PM | PERMALINK
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