I wonder just how intelligent the bulk of Americans are. From a Quinnipiac poll:
American voters support 71 – 27 percent raising the minimum wage. Republican support is 52 – 45 percent. Given several options:
- 33 percent of voters say increase the minimum wage to $10.10 per hour;
- 18 percent say increase it from the current $7.25 per hour to something less than $10.10;
- 18 percent say increase it to more than $10.10 per hour;
- 27 percent say don’t increase the minimum wage.
Raising the minimum wage will lead businesses to cut jobs, voters say 50 – 45 percent, with Republicans seeing job cuts 68 – 29 percent and Democrats saying no 65 – 29 percent. Independent voters expect job cuts 51 – 45 percent.
We’re faced with the lowest job participation numbers in a long, long time, our economy is just starting to recover, a majority of Americans know that raising the minimum wage will lead “business to cut jobs” and yet, the majority also want to raise it anyway (to include 52% of “Republicans”).
It makes you just want to throw up your ands and say “screw it”.
Barack Obama is a failed president:
Barack Obama is facing poll numbers that are now in the same territory as President George W. Bush’s following Hurricane Katrina.
The Quinnipiac University Polling Institute released numbers on Tuesday showing that just 38 per cent of registered voters approve of the job Obama is doing as president, with a whopping 56 per cent saying they disapprove.
The president has lost his landslide electoral edge among young voters, too, with a negative 41–49 per cent rating among 18- to 29-year-old voters. His once formidable support among Hispanics has also evaporated: They now support him by an historically small 50–43 per cent margin.
Worse for Obama’s fast-approaching legacy-building years, the public believes he is not ‘honest and trustworthy,’ by a 52–44 per cent score. A smaller majority, 51 per cent, said he lacks ‘strong leadership qualities.’
Respondents said by a 41–38 per cent gap that they would vote for a Republican over a Democrat for the U.S. House of Representatives, the first time this year Democrats have had a winning posture in the Quinnipiac poll.
And what is he engaged in doing? Embarrassing the US taking “selfie” photos at a funeral.
The amazing lightness of being clueless.
There’s been much discussion amongst the punditry about the precipitous decline in Pres. Obama’s poll numbers. The fact that his RCP average has dropped below 40% for the first time, or that Hispanics and white women have seemingly soured on Obama and the Democrats, is causing much buzz. Most alarming, are the numbers on millenials:
Young Americans are turning against Barack Obama and Obamacare, according to a new survey of millennials, people between the ages of 18 and 29 who are vital to the fortunes of the president and his signature health care law.
The most startling finding of Harvard University’s Institute of Politics: A majority of Americans under age 25–the youngest millennials–would favor throwing Obama out of office.
Obama’s approval rating among young Americans is just 41 percent, down 11 points from a year ago, and now tracking with all adults. While 55 percent said they voted for Obama in 2012, only 46 percent said they would do so again.
When asked if they would want to recall various elected officials, 45 percent of millennials said they would oust their member of Congress; 52 percent replied “all members of Congress” should go; and 47 percent said they would recall Obama. The recall-Obama figure was even higher among the youngest millennials, ages 18 to 24, at 52 percent.
To be sure, these numbers don’t bode well for the survival of Obamacare, or for the Democrats chances in 2014. But I don’t think they necessarily mean that the GOP will reap the benefits.
For example, with respect to younger voters, Kristen Soltis Anderson makes some interesting points over at The Daily Beast:
The way young voters feel about Obama doesn’t just matter in 2014 or even 2016. Despite the conventional wisdom that young voters don’t matter in politics, the way a voter first looks at politics when they come of age resonates throughout their voting behavior through their lifetimes. Just last month, Pew Research Center released a study showing that if you came of age under Nixon, you’re more likely to vote Democratic, even to this day. Came of age during the Reagan years? You’re still more likely to lean Republican.
Harvard rolled out a chart of party identification by age, which showed that in November 2009, some 43 percent of those aged 18-24 called themselves Democrats. Four years later, that has fallen to 31 percent. A huge drop to be sure, but that doesn’t mean people were necessarily changing their minds; it mostly means last election cycle’s bright-eyed kiddo has had a few birthdays. Our gender and race don’t change much year to year, but each of us is constantly moving up in our age bracket. And sure enough, when you look at the Harvard survey’s 25-29 year olds, they’re as Democratic as ever.
That doesn’t mean that this block of voters won’t ever change their minds and views, but it does suggest that, however low their opinion of the Democrats and their leader is now, they are more likely to remain loyal to that party and change it from within.
Another way to look at this is, those who voted for Obama because they wanted to see the ACA enacted and implemented, among other changes he promised, are going to suddenly change their minds about state vs. market solutions just because of a failed implementation. If anything, they are likely to seek out more capable technocrats as their political leaders, and to express greater interest in single-payer health care.
Even so, Anderson makes another great point, i.e. that not all millenials are the same:
To better understand what’s happening with today’s “youth vote,” first consider this fact: someone who turned eighteen on election day last year would have been just six years old on September 11, 2001. They would have been eighth graders during Obama’s first election.
I’ll violate some rules of decorum here by revealing my age: I am 29 years old. I’m a few short months away from aging out of “the youth vote” entirely. And I have about as much in common with today’s high school seniors as I do with my own parents. We researchers and pundits lump 18-year-olds and 29-year-olds into the same bucket when we talk about the “youth vote,” but the truth is that the back end of the “Millennial” generation has little memory of “hope and change” at all.
In short, provided that the GOP can deliver a compelling alternative to the Democrats, it’s possible that they can pick up some of those young voters. Of course, they aren’t called the stupid party for nothing, so don’t expect much on this front.
They’re finally “coming home to roost” as Mr. Obama’s favorite preacher might say:
According to a new CNN/ORC International survey, only four out of 10 Americans believe Mr. Obama can manage the federal government effectively. Fifty-three percent don’t view him as a strong and decisive leader. And 56 percent say he does not agree with them on important issues and he does not inspire confidence.
But the numbers on the president’s personal characteristics should alarm the White House most of all. More than half (53 percent) believe he’s not honest and trustworthy, while 56 percent say he’s not a person they admire.
Each of these figures are all-time records for Mr. Obama in CNN polling.
In their fascinating behind-the-scenes book on the 2012 election, Double Down, Mark Halperin and John Heilemann write that the campaign’s research showed “that there was a deep well of sympathy for Obama among voters.” In focus groups after the first debate, they write, “people offered excuse after excuse for his horrific presentation. In Florida, one woman said, almost protectively, ‘I just bet you he wasn’t feeling well.’”
That deep well of sympathy–that willingness to give the president the benefit of the doubt and the attachment and connection voters felt for Mr. Obama–has been crucial to his success for his entire political life. He has always been viewed as a likeable and decent man, even when his campaign employed fairly ruthless tactics. But the days of broad public faith and trust in this president appear to be over. And no wonder.
The fact that the president knowingly misled the public on such a crucial element of his health-care program so many times, over such a long period of time, with such apparent ease, has penetrated the public consciousness in a way nothing else ever has. Incompetence has now been twinned to mendacity. And not surprisingly, that deep well of sympathy is drying up.
The characteristics which have taken such a beating are the one’s that kill a reputation – honesty, trustworthiness and admiration. You can forgive a goof. You can even forgive a certain level of incompetence if you have a deep reservoir of admiration for someone based on your belief that they’re an honest and trustworthy person.
Obama’s killed that with this monstrosity he claims as his legacy. The Democrats too suffer from that albatross.
The usual excuse makers are having trouble ginning up the enthusiasm for attempting to support this president. Why? Because their honesty and trustworthiness are at stake if they do. Oh, sure, there are those that are so much a party hack that they’re going to sputter and spout the usual reality defying nonsense. Debbie Wasserman Shultz, Nancy Pelosi and Harry Reid are the poster children of this breed.
But as mentioned many times before, reality is a bitch and she has shown up after 5 years of this nonsense with a vengeance. She is taking no prisoners. I can think of a million cliches that fit this situation and none of them are complementary to the President or Democrats.
By the very way they went about putting this law through the legislative process, they deserve each and every negative thing that happens to them. It is so bad, that Obama and company are left with trying to hijack Thanksgiving in order to save this awful law.
Barack Obama is the lamest of lame ducks (and that pretty much includes internationally as well, for mostly the same reasons). Because what he messed with went so badly and the fact that what he messed with was so important and personal to all Americans, you better believe any “well of sympathy” has dried up. And according to some reports, the worst is yet to come (the possibility that up to 80 million Americans will be dropped from their employer plans).
It is difficult to survey the wreckage of his reputation and not realize that this was all brought on by his own incompetence, arrogance and narcism. What’s interesting is he is a product of his ideology. He is its crowning achievement. And he demonstrates better than any tome, op-ed or television piece how bankrupt that ideology is.
Whether anyone will really pick up on that is probably arguable. But there it is – he is indeed the prefect product of liberalism. And, as anyone who has eyes and a will to actually see, the emperor has no clothes.
So, instead, I’ll just pitch a lot of it out here. Call it “clearing the browser tabs” if you will.
ObamaCare is a giant redistribution scheme. I know most readers here have known or figured that out long before now. But it appears the media is suddenly discovering it as well.
Oh, and this … this is just funny (in a sad sort of way) because it lays out all the other promises that were made by Obama to ease the passage of their redistribution scheme:
President Obama has said a lot of things about health care reform, not just that if you liked your health insurance plan, you could keep it. In a prime-time news conference in July 2009, his rationales for a new law stacked up like planes on an airport runway during a holiday weekend: It would provide “security and stability” for families; it would “keep government out of health care decisions”; it would prevent insurers from “dropping your coverage.” He said the program “would not add to our deficit,” that it would “slow the growth of health care costs in the long run,” that it would be “paid for” but not “on the backs of middle-class families.” Most important, he said, “I want to cover everybody.”
Security and stability for families. Ha! Millions with cancelled insurance. Keep government out of health care decisions – you know, like keeping your doctor if you want to. Prevent insurers from dropping your coverage? In fact it demands insurers drop your coverage if it isn’t coverage of which ObamaCare approves, thus the millions with cancelled insurance. “Would not add to deficit?” Well, that’s if the redistribution works properly and you don’t count all the cost of the government bureaucracy added to make it work (unless those 19,000 IRS agents are working for free). Slow the growth of health care costs in the long run? Not with the size of the Medicaid expansion and the subsidies they plan. “Paid for” but “not on the backs of the middle class”. It’s going to be paid for on the backs of the young – who are mostly middle class, if they can maintain that.
What a freakin’ joke.
Meanwhile the apologists for ObamaCare have found Kentucky and are touting it as proof ObamaCare is loved and wanted. Why? Because over 56,000 have signed up. Irony no? Kentucky – a state the folks in the North East like to point to as Hillbilly heaven actually has a working website. But, of course, if you actually look at the numbers, they don’t at all support the premise that ObamaCare is working at all (certainly not as it’s advocates said it must work to succeed):
“Places such as Breathitt County, in the Appalachian foothills of eastern Kentucky, are driving the state’s relatively high enrollment figures, which are helping to drive national enrollment figures as the federal health exchange has floundered. In a state where 15 percent of the population, about 640,000 people, are uninsured, 56,422 have signed up for new health-care coverage, with 45,622 of them enrolled in Medicaid and the rest in private health plans, according to figures released by the governor’s office Friday,” the Post wrote. “If the health-care law is having a troubled rollout across the country, Kentucky — and Breathitt County in particular — shows what can happen in a place where things are working as the law’s supporters envisioned.”
So first, not even 10% have enrolled, and of those that have enrolled, only 20% are “billpayers”, i.e. people who will actually pay for their own health care insurance and subsidize the other 80% of those who are on Medicaid. In other words, out of 640,000 eligible, 56,422 have enrolled, and of those 56,000, 45,622 are going to be Medicaid recipients.
And liberals call this “success”. Seems it would have been a lot easier just to expand Medicaid, because that’s primarily what’s happening here. Other than the Medicaid bunch, less than 1% of those 640,000 have sought out insurance on a system the Democrats point to as working well.
Then there is this story about the green movement’s rank hypocrisy when it comes to environmentally friendly nuclear power. What arguments do they use against nuclear power (an power source that actually works as advertised)? The very same arguments they have used to argue for wind, solar, etc, of course:
Having demanded policies to make energy more expensive, whether cap and trade or carbon taxes, greens now complain that nuclear energy is too expensive. Having spent decades advocating heavy subsidies for renewable energy, greens claim that we should turn away from nuclear energy because it requires subsidies. And having spent the last decade describing global warming as the greatest market failure in human history, greens tell us that, in fact, we should trust the market to decide what kind of energy system we should have.
Why, or more importantly, how anyone of any intelligence takes them seriously any more is beyond me. But this is so typical of that movement.
As for the “Iran deal”, Victor Davis Hanson gives you a peek behind the curtain:
The Iranian agreement comes not in isolation, unfortunately. The Syrian debacle instructed the Iranians that the Obama administration was more interested in announcing a peaceful breakthrough than actually achieving it. The timing is convenient for both sides: The Obama administration needed an offset abroad to the Obamacare disaster, and the Iranians want a breathing space to rebuild their finances and ensure that Assad can salvage the Iranian-Hezbollah-Assad axis. The agreement is a de facto acknowledgement that containing, not ending, Iran’s nuclear program is now U.S. policy. . . .
Aside from the details of this new Sword of Damocles pact, one wonders about the following: In the case of violations, will it be easier for Iran to return to weaponization or for the U.S. to reassemble allies to reestablish the sanctions? Will Israel now be more or less likely to consider preemption? Will the Sunni states feel some relief or more likely pursue avenues to achieve nuclear deterrence? Will allies like Japan or South Korea feel that the U.S. has reasserted its old global clout, or further worry that their patron might engage in secret talks with, say, China rather than reemphasize their security under the traditional U.S. umbrella?
The president’s dismal polls are only a multiplier of that general perception abroad that foreign policy is an auxiliary to fundamental transformation at home, useful not so much to create international stability per se, as to enhance Obama influence in pursuing his domestic agenda. Collate reset, lead from behind, “redlines,” “game-changers,” ”deadlines,” the Arab Spring confusion, the skedaddle from Iraq, Benghazi, the Eastern European missile pullback, and the atmosphere is comparable to the 1979–80 Carter landscape, in which after three years of observation, the opportunists at last decided to act while the acting was good, from Afghanistan to Central America to Tehran.
There is not a good record, from Philip of Macedon to Hitler to Stalin in the 1940s to Carter and the Soviets in the 1970s to radical Islamists in the 1990s, of expecting authoritarians and thugs to listen to reason, cool their aggression, and appreciate democracies’ sober and judicious appeal to logic — once they sense in the West greater eagerness to announce new, rather than to enforce old, agreements.
Nothing of any substance gained, but certainly, with the easing of sanctions, relief for Iran and most likely problems ahead should the US want to see sanctions resumed or added to in the future. Pitiful.
But Insty has the silver lining in all of this – “Obama, bringing together Democrats and Republicans, Saudis and Israelis in opposition to his policies. He’s a uniter, not a divider!”
Finally, reality continues to take it’s toll on Barack Obama:
Only four out of 10 Americans believe President Barack Obama can manage the federal government effectively, according to a new national poll.
And a CNN/ORC International survey released Monday morning also indicates that 53% of Americans now believe that Obama is not honest and trustworthy, the first time that a clear majority in CNN polling has felt that way.
Well deserved numbers as I see it. He has lied and he’s proven he’s incompetent. The only discouraging part of it all is somehow, 47% of those taking the poll somehow have convinced themselves that even in the face of overwhelming facts to the contrary, he’s honest and trustworthy. I imagine a lot of them live in Maine.
I’m not sure why a majority of America once did consider Obama a strong and decisive leader, but then there are a lot of things I can’t explain. But Gallup’s latest poll makes it clear than President Obama is no long considered a strong and decisive leader, at least for the moment:
After six messy weeks — defined chiefly by the partial government shutdown and troubled rollout of the federal government’s healthcare exchange website — President Barack Obama’s reputation with the American public has faltered in some ways, but not in others. Most notably, for the first time in his presidency, fewer than half of Americans, 47%, say Obama is a “strong and decisive leader,” down six percentage points since September.
The current spin coming from the White House and Democrats says this is all a cumulative bump in the road that had to be suffered. The disastrous ObamaCare rollout, the government shutdown, the perceived lie about keeping one’s healthcare insurance if they wanted it have all, as Obama’s favorite preacher would say have “come home to roost”.
The question, however, isn’t when will this pass, but whether it will pass at all? Is this just a bump in the road for the Obama team or is it the “new normal” for him?
There’s no question the trend in his approval ratings the past few months have been anything but encouraging. One thing politicians have learned throughout the ages that they’re unlikely to keep their job if they lose the trust of their constituency. There’s obviously very little reason for Obama to be concerned about losing his job, however, loss of trust now, barely into his second term, could mean his second term agenda is all but dead on arrival. His desire to push immigration reform and climate change legislation wouldn’t even get our of the starting gate. That’s because other politicians, the ones he needs to get the job done for him, will have no fear of defying his wishes and facing the wrath of the people.
So how has Mr. Obama’s trustworthiness done? Not well:
Similarly, the share of Americans who view Obama as “honest and trustworthy” has dipped five points. Exactly half of Americans still consider Obama honest and trustworthy, but this is down from 55% in September and 60% in mid-2012 as Obama was heading toward re-election.
He’s at 50% and sinking. And you’ve got other Democrats taking the lead in trying to fix the ObamaCare debacle while he seems to be doing what he usually does – dither.
The hit, then, to both his trustworthiness and decisiveness are a bit of a double whammy to his ambitious agenda. And it may not be recoverable as Gallup points out:
Of more concern for the White House, Obama’s once-positive image as a strong and decisive leader has suffered, in addition to his longtime reputation for being honest and trustworthy. Of these, the decline in Obama’s honesty rating may be the most noteworthy because Gallup has previously found that this dimension is one of the most important drivers of his overall job approval. Thus, the recent controversy over whether the president honestly described Americans’ ability to retain their own healthcare plans under the Affordable Care Act could have the most significant implications for his presidency.
As Insty would say, indeed. Taking hits in decisiveness and trustworthiness are not hits you shrug off. They represent core qualities or a lack thereof and once lost, they’re very hard to regain. Mr. Obama is seen more and more to be lacking those qualities. That doesn’t bode will for him in the next 3 years.
Not that I care, particularly, who gets the blame in all of this. Frankly I’m with the “a pox on both your houses” group that finds the entire Congress and the President to be equally at blame. But then there’s the “I’m fine with the shutdown and it is important for the GOP to make the spending point” that finds me mostly on the GOP’s side.
Look, we’ve seen the government shutdown before. And despite all the scare rhetoric, we’re not going to default on our debt. Nope, this is about how inconvenient this bunch who continues to want to run up debt can make this shutdown seem to the voters. The idea, obviously, is to have them screaming and whining enough to push the GOP into their usual position – the dying cockroach, where they give in and let the Democrats have their way. Result? The usual – more spending and more debt.
Anyway, to the AP poll:
The Associated Press-GfK survey, out Wednesday, affirms expectations by many in Washington — Republicans among them — that the GOP may end up taking the biggest hit in public opinion from the fiscal paralysis, just as that party did when much of the government closed 17 years ago. But the situation is fluid nine days into the shutdown and there’s plenty of disdain to go around.
Overall, 62 percent mainly blamed Republicans for the shutdown. About half said Obama or the Democrats in Congress bear much responsibility.
“About half” blame the Dems and Obama. Yet, Obama’s approval ratings drop by 10 points from his previous low of 47%. Hmmm. Must be more to it than “about half”, huh?
But the media spin machine prefers to lay it on the GOP.
As for ginning up support to pressure the GOP to cave, there’s still a ways to go:
More than 4 in 5 respondents felt no personal impact from the shutdown. For those who did, thwarted vacations to national parks, difficulty getting work done without federal contacts at their desks and hitches in government benefits were among the complaints.
And the “impact” with the worst optics (and mostly blamed on the administration)? The Gestapo like tactics of the Park police and the “Barrycades” at national monuments and parks.
— Sixty-eight percent said the shutdown is a major problem for the country, including majorities of Republicans (58 percent), Democrats (82 percent) and independents (57 percent).
— Fifty-two percent said Obama is not doing enough to cooperate with Republicans to end the shutdown; 63 percent say Republicans aren’t doing enough to cooperate with him.
— Republicans are split on just how much cooperation they want. Among those who do not back the tea party, fully 48 percent say their party should be doing more with Obama to find a solution. But only 15 percent of tea-party Republicans want that outreach. The vast majority of them say GOP leaders are doing what they should with the president, or should do even less with him.
— People seem conflicted or confused about the showdown over the debt limit. Six in 10 predict an economic crisis if the government’s ability to borrow isn’t renewed later this month with an increase in the debt limit — an expectation widely shared by economists. Yet only 30 percent say they support raising the limit; 46 percent were neutral on the question.
I didn’t look into the numbers on the poll, but I’d bet it is a bit Democrat heavy. That said, it’s interesting that a majority within that poll said Obama isn’t cooperating enough. That’s right, that’s over half. Somehow that’s buried in all of this (and yeah, that’s not just ‘about half’, that’s over half).
And the real story within the poll:
Most Americans disapprove of the way Obama is handling his job, the poll suggests, with 53 percent unhappy with his performance and 37 percent approving of it.
It seems to me the “blame” is pretty evenly divided. I guess you can claim the GOP is getting most of it, but when you see an already low presidential approval rating drop by 10 point in the matter of a couple of weeks right in the middle of this nonsense, it’s hard to claim that 53% of the voters aren’t blaming the President.
However, if your messaging is directed toward blaming the GOP, well, you just sort of bury that in the story.
Six in 10 Americans (60%) believe the federal government has too much power, one percentage point above the previous high recorded in September 2010. At least half of Americans since 2005 have said the government has too much power. Thirty-two percent now say the government has the right amount of power. Few say it has too little power.
Is this a partisan view? Yes and no.
As you’d expect, Republicans and Democrats pretty much switch positions depending on who is in the White House. But the telling line is the Independent line. It is higher now than it was in the Bush years.
Of course, the pregnant question is, “so what are you going to do about it?”
The answer, if the recent past is any indication, is “not much”. Probably change the Senate over to the GOP, and possibly, in the next presidential election, change parties again.
And then what? Again, look at the trend on the graph above. We’ve changed parties before and yet we still see the power of government continuing to grow. Will another party change really make any difference?
One other thing to note in passing, take a look at the Democrat line in the last year. Democrats who think government has too much power are up 13 points. If I had to guess that is a direct result of the IRS and NSA scandals, ObamaCare and the EPA and other regulatory agencies over-reach. Anyone who thinks those scandals, new regulations and abuse of power haven’t been significant is living in a dream world or, alternately Maine, which is about the same thing.
Ok, they’re downbeat according to Gallup:
So what? I mean, this is what I don’t get. The American public just re-elected possibly the worst and most incompetent president in my lifetime (what the hell do you have to do to get fired?), they refuse to make their leaders face up to the realities of the fiscal situation, they give away freedoms like some universities give away condoms and suddenly they’re “downbeat” about America’s future?
They should be downbeat – they as much as anyone have generated the culture that has produced these politicians that they continue to reward with reelection term after term. If you don’t make those who represent you do what they should be doing, if you continue to reward their kicking the can down the road with re-election, why in the hell should they do anything? Especially when those who try “die”, politically speaking.
And, of course, you have the compliant press who has no compunction anymore about pursuing an agenda that supports the premise that there is a free lunch and the rich should pay for it.
I’m fed up.
Can you tell?
California, of course:
“The California Republican Party is functionally dead. And how is California doing, now that liberals have successfully terminated the state’s remaining conservatives?” #1 in debt, #1 in welfare, #1 in taxing the rich. And hoping for a federal bailout, I suspect. As is Illinois, which is in similar straits for similar reasons. “One-third of all the nation’s welfare recipients live in the state, despite the fact that California has only one-eighth of the country’s population. That’s four times as many as the next-highest welfare population, which is New York. Meanwhile, California eighth-graders finished ahead of only Mississippi and District of Columbia students on reading and math test scores in 2011.”
You can warn people till you’re blue in the face (no pun intended) how the blue state model is going to end up, but sometimes it is instructive to just let it happen. Of course that assumes that those observing the train wreck try to understand how it happened and work to avoid it elsewhere. I’m not so sure that’s the case in this nation. But fair warning, given the fiscal road we’re on California is as much in our future as Greece:
“For a century or so, guided by brilliant private sector leadership, California was a beacon to the world, a land of opportunity such as never had existed in human history. Unimaginable wealth was created. Yet it required only 40 years of liberal governance to bring the whole thing crashing down. Today, California is the most spectacular failure of our time. Its government is broke. Productive citizens have been fleeing for some years now, selling their homes at inflated prices (until recently) and moving to Colorado, Arizona, Texas and even Minnesota, like one of my neighbors. The results of California’s improvident liberalism have been tragically easy to predict: absurd public sector wage and benefit packages, a declining tax base, surging welfare enrollment, falling economic production, ever-increasing deficits. Soon, California politicians will be looking to less glamorous states for bailout money. Things have now devolved to the point where California leads the nation in poverty.”
California is a state which has modeled blue government for decades, despite warning of where it’s continuance would lead.
And, shockingly to the left, it has ended up right where it was predicted it would end up. Yet, they blindly and willfully continue to march along as though the reality will change and economic laws will disprove themselves if they just persist in their actions.
California is our future. Our near future. See, it’s pretty much as simple as this:
If a country runs a deficit (as a percentage of GDP) that is equal to its growth rate, the debt level will remain constant. This year U.S. GDP will be a little less than $16 trillion, and its historical growth rate is 3.25%. That works out to what we might call a “safe” deficit of $520 billion, or even $600 billion if you allow for a little inflation. Last year, however, the U.S. deficit was $1.1 trillion — or roughly $500 billion too much.
That gap could be closed by ending all tax cuts, tax breaks and stimulus payments for everyone, according to the Tax Policy Center. But two-thirds of the burden would fall on the middle class — something both political parties want to avoid. All the proposed tax increases on the wealthy, however, even combined with the end of the payroll-tax cut, would raise only $295 billion. So unless there were spending cuts twice as big as the ones currently scheduled, the deficit would still be too large.
Those sorts of cuts aren’t even being discussed. Imagine, if you would, radical cuts in the size and scope of our current federal government. Imagine subsidies of all sorts being eliminated. Imagine backing government out of many of the areas it has no business. Imagine simplifying the tax code and giving business a warm fuzzy feeling about the business atmosphere by freezing regulation and in some instances rolling them back. Imagine all of that, because none of it is going to be done.
Instead, the solution is to “tax the rich”.
So let ‘em have it (only if they repeal the Hollywood tax cut). Tax the rich. And when it doesn’t work, and it won’t (in fact, I’m not sure what “work” means in this particular case since the amount to be collected is a mere drop in a 1.6 trillion dollar ocean of debt that’s planned each year for the foreseeable future), they’re left with a lot fewer excuses, huh?
Not that they won’t try to point fingers when their grand plan crashes.
Yup, in the end it all looks like we’re headed to California. Apparently we’re going to have to recreate that debacle on a national level before the blinders come off of the public and the realization that you can’t spend more than you have forever finally sinks in.
Whether or not it will too late to salvage the country at that point, remains to be seen.