Opinion: In today’s pages: The pros and cons of celebrity, the second stimulus package and fiscal meltdown
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The Opinion Manufacturing Division squeezes one more piece out of the Michael Jackson Farewell Tour: columnist Tim Rutten’s rumination on celebrity. He contrasted Jackson’s recent treatment with that of Sarah Palin (Jacko and ‘Caribou Barbie’ in a single piece: double columnist gold!), arguing that the alleged sins of the former were washed away even as the latter was overwhelmed by the scrutiny. My own sense is that Jackson’s death actually led to two competing lines of commentary about the man: he was a genius (the sentimental meme), and he was a pedophile (the ‘you can’t libel the dead’ meme), as famously enunciated by Rep. Peter King). That’s not washing away sins, it more like carving them into his grave marker -- albeit underneath the ‘King of Pop’ banner and the silhouette of Jackson hovering on his toes.
Elsewhere on the Op-Ed page, columnist Doyle McManus says don’t hold your breath for another economic stimulus package. And economists Alan J. Auerbach and William G. Gale fret about the fiscal problems that are likely to be caused by the growing federal budget deficits:
The deficits projected over the next 10 years will accelerate our arrival at a debt-to-GDP ratio that for most countries would signal impending fiscal collapse. Indeed, Britain, with a debt-to-GDP ratio not appreciably worse than ours, was just warned by Standard & Poor’s that its creditworthiness might be downgraded. The United States has traditionally enjoyed a favored status in this regard, as the supplier of the dollar, the world’s reserve currency, and as a perceived haven in times of financial stress. But for how long?
In the editorial stack, the board expresses chagrin about the recent return to prominence of Mexico’s Institutional Revolutionary Party, whose corrupt dominance of Mexican politics in the 20th century were so damaging to that country. (And by the way, how can you be both ‘institutional’ and ‘revolutionary’? By advocating change so gradual, no one notices?) It urges the new General Motors, which may emerge from bankruptcy this week, to take lessons in openness and innovation from the computer industry. And it suggests a simple solution to the funding problem at the Maxine Waters Employment Preparation Center in Watts, which has run afoul of a new House Appropriations Committee dictum against grants for projects named after sitting members of Congress (in this case, Democratic Rep. Maxine Waters of Los Angeles): the center should drop Waters from its name.
A name change would involve some cost and inconvenience, but the investment would qualify the jobs center for funding now and in the future, while preserving a congressional rule that sets reasonable limits on pork. When Waters retires from public office, the program can honor her permanently.
-- Jon Healey