The Conversation

Sen. Harkin: We Do Not Have a Spending Problem

The GOP video team posted this clip of Sen. Harkin reassuring the nation that, despite our $16 trillion in debt, growing entitlements and massive deficits, we are not broke:

This argument sounded so familiar, but it took me a moment to realize where I'd heard it before. Back in March 2011, anti-capitalist Michael Moore gave almost the same speech in Madison, WI:

America is not broke. Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It's just that it's not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.

Harkin was judged the 5th most liberal Senator by National Journal in 2011 and again in 2012. Given his apparent reliance on anti-capitalist Moore for this talking point, he needs to move up the list a few notches in 2013.


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