As Boorstin explained, the pseudo-event was orchestrated and planned to receive maximum public attention, even if the event itself was really unimportant. Pseudo-events merely look important, because the media and the public agree to act as if they are. As Boorstin explained, the pseudo-event is not something that happens by mistake, like a train wreck or an accident. It is something “planted primarily for the immediate purpose of being reported.” Lastly, Boorstin asserted, the pseudo-event is “intended to be a self-fulfilling prophecy.”
Sound familiar? The pseudo-event is the driving force of American political life today, and it is a game increasingly played by both major political parties. The “fiscal cliff” was the most embarrassing recent example of a pseudo-event. Democrats and Republicans alike conspired to create a fake political crisis that each party thought would work to its own advantage. Both parties gambled that public outrage over the loss of Bush-era tax cuts would create a manufactured political crisis that would give the party and its allies political leverage.
Democrats gambled that they would get new tax revenues out of the crisis, while Republicans hoped for spending cuts. In the end, the negotiated “fix” for the pseudo-crisis was a weak combination of increased tax revenue and promised, yet unspecified, spending cuts.
The entire enterprise was tantamount to a war game played with live ammunition. Both sides claimed a modicum of victory and promised to play the game to better advantage next time. Neither side was willing to deal with what the real crisis of governance represents. The “fiscal cliff” was just a dramatic distraction from the real crisis.
As columnist David Brooks argued, “Far from laying the groundwork for future cooperation, it sentences the country to another few years of budget trench warfare. There will be a fight over drastic spending cuts known as sequestration, then over the debt limit and on and on.”
As Brooks predicted, the same debacle is now being played out with the debt limit pseudo-event. Both parties are jockeying for position. The nation has already exceeded the $16.4 trillion borrowing limit previously set by Congress. A bit of financial finagling by the Department of the Treasury has bought just a bit of time before Congress must raise the debt ceiling once again. Otherwise the United States will default on its debt.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins