Tag Archives: republicans

Political Rants

Born again (again).

Yes, I know. The president’s bin Laden victory lap was a bit much by Spock standards. (George W. Bush being more in the Kirk category.) But by the standards of American election year politics, it was pretty subtle. So the resulting outrage from the right was all the more laughable. Seriously – these are the people who had Dubya fly a jet fighter onto an aircraft carrier (which they had turned around to keep San Diego out of the shot), parade around in a flight suit, and then do his famously premature victory speech under an enormous “Mission Accomplished” banner. These are the people who incessantly reminded us of their greatness throughout the Bush terms, and who continue to this very day.

Luckily for them, we are Americans and, as such, are born anew each and every morning. We have no collective memory, like a nation in advanced dementia. We do not value knowledge of our own history; in fact, the very term ‘history’ carries a negative connotation. Our politicians take advantage of this, of course – who wouldn’t? – and accordingly serve up the same hash over and over again. Cutting taxes makes everything better. Check! Budget cuts lead to growth and prosperity. Check! Antagonizing and even attacking other countries will make us safer. Check! On we go.

Obviously, the Republicans do not have a corner on this franchise. The Obama administration is carrying forward a lot of their policies for them, including ludicrous destabilizing boondoggles like missile defense batteries in Eastern Europe. But just now the GOP happen to be indulging somewhat gratuitously in the not entirely unrealistic notion that we do not remember yesterday any better than the day before. Right now the conservative candidates for the GOP nomination are lining up behind Romney, as it was always certain that they would, and singing his praises. After a bruising primary fight during which Bachmann, Gingrich, Santorum, and others unsparingly and unflinchingly heaped scorn upon the Mittster, to see them now stumping on his behalf inspires a kind of cognitive dissonance that should spark our collective memory a bit. But we shall see. 

It is another new day, after all. 

luv u,

jp  

Political Rants

To the bottom.

Through the course of the average day during this politically charged season (and, as you know, we are in the midst of a permanent campaign, no end in sight), you are likely to hear all kinds of wild economic claims and predictions. Among the most impressive, in my humble opinion, is Gingrich’s $2.50-a-gallon gas promise. We expect no less from the once and future King of the Moon People. A big idea man. The thing about big ideas is that they can also be bad ideas. In the case of the $2.50 gas, though, we’re talking more about excessive blowhardism and the usual type of empty pandering you see from seasoned politicians like Gingrich. Last presidential election, it was drill, baby, drill! This time, it’s pappy cheap-gas. Also, pappy tax cut, as always – that one never gets old.

This is where the faulty economic theory part comes in. Take pretty much any one of the Republican candidates’ tax plans, to the extent that they’ve been articulated thus far. Romney, for instance, is touting a 20% across-the-board tax cut. What he’s actually talking about is raising taxes on the bottom third of wage earners, which the G.O.P. field has for several months been describing as woefully undertaxed. Meanwhile, at the top end, the richest of the rich (i.e. the parents of kids too rich to want to hang around with Richy Rich), folks will be seeing an extra $400K or so in their yearly income. All well and good, right? These are the “job creators”, right? The folks who fired your ass so they could afford a second Bentley. They were the ones paying too much, as George W. Bush lamented back in 2000 (which he later fixed with his massive tax cuts).

All right, except that at the same time they argue for a balanced budget, fiscal discipline, etc. – a trope that has grown more insistent by half since the White House changed hands in 2009. Bush’s tax cuts blew a hole in the federal budget you could drive the Nimitz through; in fact, they planned for it to expire after a decade and put a lot of the cost in the out years so as to bring down the impact. But they – meaning Bush, Cheney, budget director Mitch Daniels, and others – certainly knew that the sunset provision would be meaningless, simply because of the politics of “raising” taxes (e.g. letting cuts expire). Romney’s plan would add to that deficit in spades, prompting massive cuts in social services, infrastructure spending, aid to states, you name it. That would put us in a Greece-like downward spiral – cuts that lead to economic contraction, which negatively affects tax revenues, opening a wider budget gap, which brings on more cuts, etc. Rinse and repeat.

The best they can offer is a race to the bottom. That’s why we have to push back. If they gain control of the budget process again, Greece is the word, my friends.

luv u,

jp

Political Rants

Moral hazard, part II.

Know what I hate? Well, I’m going to tell you. It’s when people intrude upon your deepest personal life, and then when you object, they accuse you of denying their right to – I don’t know – have everything exactly their way, I guess. That’s how I see the hyper-religious crowd who have been complaining about the mandate in the Affordable Care Act requiring employer-provided health insurance to cover contraception. Obama carved out an exception that should satisfy anyone – one that goes way beyond any necessary relief from what’s required, in my view. And still they are crowing about it, comparing it to religious persecution, even Nazi-ism in the more extreme cases.

The latest round has been in state legislatures from Georgia to New Hampshire, where the crackpot tea-party majority has proposed a “conscience” exception so broad it practically guarantees legal challenge. (These are the freaks who insisted, bizarrely, that all legislation be rooted in the Magna Carta, even though few of them have ever read the document in its entirety. Next, they’ll demand all proposed laws draw on neolithic cave paintings.) Then there are the fetal “personhood” statute and vaginal ultrasound bill in Virginia, scaled back in the face of massive protests by women in that divided state. This … from the party that was all about jobs, jobs, jobs during the 2010 election. See what happens when you trust them?

It should surprise no one that Republicans used the economy as a trojan horse to conceal their deeply unpopular, highly regressive right-wing social agenda. It was, after all, GOP-driven policies (aided, of course, by watery Democrats) that blew a massive hole in the federal budget back in 2001, expanding it in subsequent years with undeclared wars and unwarranted tax cuts for the wealthiest people in the country. Those tax cuts were supposed to have expired by now, but as every politician knows, that ain’t gonna’ happen … because no one has the spine to allow it. Meanwhile, we all pay the price. My city in upstate New York is starved for funds largely because the Feds are starving the States, and the States are passing the cuts along to municipalities. That and inaction on health and retirement reform (not privatization, but the kind that would work) is resulting in massive tax hikes at the local level – close to 20% for the coming fiscal year. This just to spare the Romneys of the world a return to the favorable income tax rates of the 1990s, when they gained plenty enough wealth, thank you very much.

The Republicans have nothing to offer on the economy. And unless we push them, neither will the Democrats.

luv u,

jp