Free Markets, Free People
Ignoring the fact that there’s been no rise in global temperatures for 16 years, 3rd world countries at the UN’s Doha climate conference are proceeding with their plan to make richer countries pay for their perceived (perhaps “mythical” is a better word?) damages wrought by “climate change”.
Basing their claim on the discredited “science” generated by nothing more than inaccurate climate models, they’ve decided what was promised previously just isn’t enough:
There has been a historic shift in the UN climate talks in Qatar, with the prospect of rich nations having to compensate poor nations for losses due to climate change.
The US has fiercely opposed the measure – it says the cost could be unlimited.
But after angry tussles throughout the night the principle of Loss and Damage is now in the final negotiating text.
Why is it that these countries think that what was previously promised ($100 billion by 2020 in Copenhagen) isn’t sufficient? Because President Obama just asked Congress for $60 billion for hurricane Sandy relief. Obviously, using that as a baseline, these countries want more.
And you have to love this attitude:
Saleem ul-Huq, from the think-tank IIED, told the BBC: “This is a watershed in the talks. There is no turning back from this. It will be better for the US to realise that the principle of compensation is inevitable – and negotiate a limit on Loss and Damage rather than leave the liability unlimited.
“The principle of compensation is inevitable?” Really? For what, given there’s been no evidence of damage?
It is a point of principle that is at stake here for developing countries. In the end it’s questionable how much extra money a Loss and Damage Mechanism might bring.
Already poor nations are bitter that rich nations, particularly the US are dragging their feet over a promise made at the failed Copenhagen climate summit to mobilise $100bn by 2020 to help poor nations get clean energy and adapt to climate change.
A “point of principle” my rear end. It’s UN sponsored extortion. It is based on faulty science and given hope by weak willed politicans, all supervised by the bandits in the UN.
We don’t own them anything.
Not. One. Red. Cent.
The direction the country is taking bothers me. Increasingly, I see little hope for a bright prosperous future. Frankly, things cannot continue going in the direction they’re heading without a disastrous result.
Mark Steyn wrote earlier this week:
Generally speaking, functioning societies make good-faith efforts to raise what they spend, subject to fluctuations in economic fortune: Government spending in Australia is 33.1 percent of GDP, and tax revenues are 27.1 percent. Likewise, government spending in Norway is 46.4 percent, and revenues are 41 percent – a shortfall but in the ballpark. Government spending in the United States is 42.2 percent, but revenues are 24 percent – the widest spending/taxing gulf in any major economy.
This is unsupportable, by any measure, and should be seen to be so by anyone with common sense, irrespective of political party, but apparently is not. And it’s important to recognize that the reason revenues are at a historically high 24% of GDP—the historical average is around 18%—is that GDP growth for the last 4 years has been atrociously bad, and well below the 3% historical trend rate of growth.
In a rational world, we would make a decision to settle on a continuum somewhere between cutting government spending to 24% of GDP, and raising taxes to 42.2% of GDP, which would necessarily imply massive tax increases on the middle and, yes, even the lower class.
At the moment, however, it is impossible to cut spending to 24% of GDP. Not just politically impossible, though that appears to be true also, but I mean impossible impossible. The reason it is impossible is that 24% of current GDP will not cover the cost of mandatory entitlement spending and service on the national debt. More than 62% of government spending is mandatory spending on essentially social security and Medicare. Another 6% is interest on the national debt, and it’s only that low because 1) the Fed has been buying massive amounts of US treasury bonds, and 2) interest rates are historically low.
In other words, 68% of the federal budget is taken up by entitlements and debt service, alone. We could eliminate the entirety of the rest of the federal government and, at current rates of taxation, would still run a deficit.
At the current rate of spending, we can expect to add over $12 trillion dollars in debt over the next decade. To combat this, the president has requested an additional 1.6 trillion in new revenue, which he expects to gain by increasing tax rates on only the upper class. Even assuming, arguendo, that such a taxation plan would actually result in that much additional revenue—which it likely would not—we would still add an additional $10 trillion in debt.
And that, of course, assumes interest rates would not rise from their current low levels. A rise to the historical rates of interest would increase debt service costs from $250 billion per year to $650 billion per year, or approximately 15% of the budget.
Neither Congress nor the President are proposing a serious plan to balance the budget, which would require a politically impossible mix of massive budget/entitlement cuts, and/or massive tax increases on the middle and lower classes.
Absent such a plan, we will inevitably default on our debt, or hyperinflate our way out of it, both of which are merely two sides of the same coin. In either case, the dollar will lose its status as the world’s reserve currency, and the life savings of every single person in the country—except, perhaps, those embodied in some classes of hard asset—will be rendered worthless. There will be massive unemployment, and a high possibility of civil strife. Imported goods will essentially be unobtainable, and I’m not just talking about BMWs and Land Rovers, but everyday things we never even think about, like fresh fruit from Chile in the winter, or clothes from Singapore and Taiwan at any time.
The least damaging course of action would be a massive reduction in government spending. A more damaging course would be a massive increase in taxation. The most damaging course would be to do nothing but nibble at the edges of spending and taxation until we default, either formally, or de facto through hyperinflation. So far, we are set on the third course.
We are set on a path to completely destroy the currency and economic life of the Republic, and we will inevitably do so without massive tax increases, massive spending cuts, or some mixture of the two.
Meanwhile, in Washington, DC, the Fiscal Cliff negotiations—by which I mean "farce"—continue. Personally, I’m a charter member of the Let It Burn club. The Democrats have set up a narrative in which, no matter what happens, Republicans will get the blame. And yet, 18 months ago, what we’re now calling the Fiscal Cliff was unilaterally hailed as a wise, bipartisan, and far-seeing compromise that would set the country on the road to financial rectitude. And quite frankly, the president is giving every indication that he wants to go over the Fiscal Cliff, and that he can weather the political and economic fallout from it.
OK. Then let’s test that theory.
This is not a risk-free strategy. As Ace of Spades points out:
The Walk Away/Let It Burn option is growing on people. One cautionary note, though: This will provoke a serious constitutional crisis and may undo the Republic. So a soft Let it Burn could turn into a genuine collapse of the Republic.
Obama is a tyrant. If Republicans do not lift the debt ceiling, it is perfectly obvious what he will do, as he’s argued for it before: Like Putin, he will begin unilaterally asserting power he doesn’t have.
And what will be the recourse? Court, I suppose. Impeachment, sure, but Democrats will block conviction. So whether or not the President can suddenly assert sweeping power over the purse — sweeping aside the last real check on his power granted to the House of Representatives — will depend on the vote of Justice Go Along to Get Along Roberts.
President Obama has already asked for it. It’s that one exception I mentioned before: He is asking for unilateral power to raise the debt ceiling and no president should ever have that power.
Our constitution is clear that the money bills must originate in the house. Equally clear is the principle of Congressional supremacy, in that Congress may pass laws even over a presidential veto. The debt ceiling is clearly a Congressional, not a presidential prerogative.
Congress, of course, has already amended the Constitution’s strictures in practice. For instance, the Senate takes House bills, say, for building a dam, and strips the original language, then loads it up with budgetary items. The House accepts them in conference. Additionally, we have operated without a federal budget—though one is required annually by law—since 2009. This is a…constitutional novelty.
But giving unilateral budgetary power to the president goes far beyond novelty. In my view, granting this power to any president will mark the end of the Republic, just as surely as the creation of the First Triumvirate marked the death knell of the Roman Republic.
The American people elected President Obama. It is only right that they should reap the full measure of the consequences of that decision. Ace is right. Going over the Fiscal Cliff may undo the Republic. But if that is true, then I’m entirely unconvinced that the Republic should be saved.
Because we’re served by the worst political class ever:
President Obama’slead negotiator in the “fiscal cliff” talks said the administration is “absolutely” willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.
Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are “making a little bit of progress” toward a deal to avert the “cliff” but remain stuck on Obama’s desired rate increase for the top U.S. income-earners.
“There’s no prospect for an agreement that doesn’t involve those rates going up on the top two percent of the wealthiest,” Geithner said.
Apparently there is no way to raise the desired revenue, at least according to Obama/Geithner, that “doesn’t involve those rates going up on the top 2%”. No way.
Oh, wait …
What we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking taxes — tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could have lowered rates generally while broadening the base.
Say, wasn’t that President Obama in July of 2011 at a press conference? Why yes it was. So there is a way, but he and apparently his “negotiator” refuse to pursue it (btw, no I”m not fooled by the illusion that this isn’t just as much a tax hike as what they’re proposing)? It that what is happening?
Why yes, yes it is. So there is another way to do this, apparently. Unless our President was telling a tall one about what he’d be willing to do in July? Yeah, I know, perish the thought. Lie to us? Unthinkable.
Instead according to Turbo Tax Timmy, they’d “absolutely” take us over the cliff, because, you know, raising taxes on the “rich” is now the only acceptable position. You and your life? You’re a mere pawn for these poppinjays. They’re fine with playing with your life and livelihood to score a political win. They have no problem holding your life and property ransom and using your future to force their desired resolution. But if we go over the cliff, screw you.
Meanwhile, in the House, Speaker Boehner continues to look for a comfortable place to lie down and surrender.
In the Senate the GOP actually tried to bring the President’s proposal to a vote and Majority Leader Reid denied it. Because it was, per Reid, a “stunt”.
This is all a “stunt”. A miserable stunt perpetrated by a miserable group of people who have no concept of leadership or service to their country but are long on ego and party.
It is the price of always voting for the “lesser of two evils”.
Now that progressives, liberals, whatever they’re calling themselves today, are secure in the fact that Barack Obama will be in the Oval Office for another 4 years, they plan on doing everything they can to see that he does what he said he’d do way back in 2008 - or at least what they thought they heard him say he’d do.
Those parts include climate change, drone strikes, gun control and closing the detention facility at Guantanamo Bay, among others.
We’ve seen the first shots fired in the gun control advocacy (no pun intended) with the absurd Costas gun-control editorial at the half-time of an NFL game. And, of course, Dianne Feinstein is making the usual “assault weapons ban” noises.
By the way, as a complete aside, but speaking of gun control, I want to show you a classic exchange:
Can you say pwned?!
Anyway, back to the subject at hand – the liberal agenda. Remember, Obama told the Russian President that he’d be “more flexible” after his re-election. There’s absolutely no reason that he won’t be less politically inhibited (because in the political world, that’s what “more flexible” really means) domestically as well as internationally is there?
But now? Now it’s safe:
“Liberals in the media are going to be tougher on Obama and more respectful at the same time,” Hendrik Hertzberg, The New Yorker’s chief political commentator and a former speechwriter for Jimmy Carter, told POLITICO. “He was the champion of our side, he vanquished the foe….. [but] now liberals don’t have to worry about hurting his chances for re-election, so they can be tougher in urging him to do what he should be doing.”
Apparently the NY Times plans on leading the way in pushing and prodding Obama to do what he said he’d do (or what the NYT thinks he said he’d do):
The New York Times editorial page launched a series titled “Goals for a New Term,” calling on the president to implement stronger gun control laws and shutter Gitmo, which he had pledged to do during his first year in office. The tone of the editorials has been sharply critical: On guns, the editors suggested Obama lacked courage. On Guantanamo, they slammed his administration for deciding “to adopt the Bush team’s extravagant claims of state secrets and executive power, blocking any accountability for the detention and brutalization of hundreds of men at Guantánamo and secret prisons, and denying torture victims their day in court.”
Gitmo? There are rumblings out there – again – of the Federal government purchasing a closed prison with the idea of moving the jihadists in captivity there on to the shores of the US. Seems prison is okay for the jihadists if the left initiates the idea of buying one and housing them there. But holding them in Gitmo, a place that wasn’t their idea (but clearly is superior to moving them here) is just beyond the pale because, you know, it was that evil Bush’s idea. So it’s not about incarceration, it’s about the myth of Gitmo … or something.
Obama has claimed he has no interest in climate change legislation/taxation in his second term (well, he doesn’t as long as there’s a Republican House … if that changes in 2014, he might develop an immediate interest). Then he’s said he does. Then, yeah, not so much. So who the hell knows. But what we do know is progressives intend to try to push him on this and it certainly wouldn’t surprise me if he responds positively. He certainly has nothing to lose. And it may provide a distraction if the economy keeps tanking. He can couch his attempt to tax thin air in the usual class warfare (fat cat corporations fouling the streams and polluting the air while melting the ice caps to boot). He can call for “social justice” because, you know, climate change effects those least able to afford it first … or something.
Drone strikes? Yawn. A small faction of the left concerns itself with drone strikes. It is classic leading from behind. Get over it progressives. Your President approves all those arial assasinations himself. It is part of the responsibilities that Nobel Peace Prize winners must endure.
Sarcasm aside, it will indeed be interesting to see if Obama does anything for progressives in his 2nd term. Will he become an activist president or will he vote “present?”
Well, let’s see – is he taking the lead in fiscal cliff negotiations and working tirelessly with Congress to ensure a solution before the deadline or is he going on a 20 day vacation to Hawaii ending January 6th?
Here is a good example of what is wrong with politics today – this time from the right:
Sen. Saxby Chambliss (R-Ga.) on Saturday defended his decision to break with conservative activist Grover Norquist’s anti-tax pledge, telling constituents he would not be “dictated to by anybody in Washington.”
“I think that you sent me to Washington to think for myself. And I want to vote the way you want me to vote,” Chambliss said to a group of local constituents at a Cobb County Republican party event, according to the Atlanta Journal-Constitution. “I don’t want to be dictated to by anybody in Washington, as to how I’m going to vote on anything.”
You see, Chambliss doesn’t seem to get the basic point: he made a pledge. HE made a pledge. Not someone else – him. He didn’t have his arm twisted behind his back when he made the pledge. He did so voluntarily. The dirty little secret, however, is he didn’t make the pledge out of principle, he made the pledge because it was politically helpful and expedient to do so at the time.
Now he wants to back out of his pledge. It is no longer expedient or helpful politically. He, like our President, is trying to blame the predicament he finds himself in – i.e. breaking a voluntary pledge – on someone else. It’s their fault he’s in this predicament. And by gosh he won’t “be dictated to by anybody”.
Well he hasn’t been dictated to by anyone. Again, he voluntarily took a pledge back when it was politically helpful and popular to do so. Now he wants to bail on it. I don’t know about you, but when I pledge something, I give my unbreakable word I’ll do what I pledge to do. I don’t enter into them lightly. And I do everything in my power to live up to the pledge.
It’s about honor.
But apparently that’s a concept that is passe in today’s political world.
Go ahead Mr. Chambliss. Break your pledge. But remember what happened when a certain president bailed on his no new taxes pledge?
I can only hope I’ll be part of the lesson teaching when your time for re-election comes. Then, by Georgia, you’ll be “dictated too” by the people of this state. And you’ll be looking for new work.
When is the GOP (and the public) going to learn?
How many times have we heard that the only thing standing in the way of a grand bargain to reduce our growing national debt is Republican intransigence on taxes? If Republicans would only agree to dump Grover Norquist, Democrats will agree to cut spending and reform entitlements. Then, we can all join hands and sing Kumbaya as we usher in a new era of compromise and fiscal responsibility.
Except that now that Republicans have agreed to raise taxes, er, revenue, as part of an agreement to avoid the looming fiscal cliff, liberals appear to have decided that there really isn’t a need to cut spending after all.
Yup, in fact they’ve taken entitlement reform “off the table”.
Senate Democratic leaders signaled Tuesday they would not agree to any entitlement reforms before the end of the year that cut spending on Medicare and Medicaid beneficiaries.
They also said that any year-end deal to avoid the expiration of tax cuts and implementation of spending cuts — known as the fiscal cliff — must include a provision to raise the debt ceiling, which would otherwise have to be addressed early next year.
The White House and Reid have indicated they will not consider cuts to Social Security, a notable change from 2011, when President Obama said “everything is on the table,” including entitlement programs dear to his party’s base.
In other words, we’re back to “tax the rich”, raise the debt ceiling and spend, spend spend. Meanwhile, it is left up to the GOP to “compromise” by breaking the tax pledge (led by the Judas goats, Saxby Chambliss and Lindsey Graham) or be forever branded as the intransigent “bad guys” in this.
Meanwhile, low information Americans who, by over 60% approve of taxing the rich, will buy the spin by the press painting the GOP as the cause/reason for the calamity while Democrats “lament” the problem (“but, hey, that’s now the law thanks to Republicans”) and gleefully rub their hands in delight at all the new revenue they’ll have to “redistribute”.
Some things never change, do they?
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.
If you’re at all concerned about the economy, the answer is likely “not very well”:
U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.
Half of the nation’s 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls.
Nationwide, business investment in equipment and software—a measure of economic vitality in the corporate sector—stalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
At the same time, exports are slowing or falling to such critical markets as China and the euro zone as the global economy downshifts, creating another drag on firms’ expansion plans.
Why are we seeing this happen? As it stands, most corporate spenders see no possibility of the hostility toward corporate America easing and also view whatever is to come in January concerning taxes and tax policy to likely be a lose-lose for them however it goes:
Corporate executives say they are slowing or delaying big projects to protect profits amid easing demand and rising uncertainty. Uncertainty around the U.S. elections and federal budget policies also appear among the factors driving the investment pullback since midyear. It is unclear whether Washington will avert the so-called fiscal cliff, tax increases and spending cuts scheduled to begin Jan. 2.
Companies fear that failure to resolve the fiscal cliff will tip the economy back into recession by sapping consumer spending, damaging investor confidence and eating into corporate profits. A deal to avert the cliff could include tax-code changes, such as revamping tax breaks or rates, that hurt specific sectors.
Or, as before the election, an unstable business climate persists which does not provide any incentive to expand, spend or hire. In fact, as indicated above, it is providing precisely the opposite incentives. It’s one reason the GDP forecast for the country has been downgraded again to 1.5% (Mexico, for heaven sake, has GDP growth of 3.2%).
But when you vote for the status quo, well, you get what you vote for — enjoy.
Such that it was. 4 things.
One: There were no ‘hard questions’. If you look at the transcript you’ll note that the President called on reporters by name. You know why, don’t you?
Two: The Susan Rice thing. Let’s do a Candy Crowley and go to the transcript:
But for them to go after the U.N. ambassador, who had nothing to do with Benghazi and was simply making a presentation based on intelligence that she had received and to besmirch her reputation is outrageous.
What’s outrageous is he just admitted that he didn’t say that Benghazi was a terrorist act as he asserted in a debate, or, one assumes, Ms. Rice wouldn’t have been spouting the video line. If Obama knew on day two in the Rose Garden that it was a terrorist attack (and the only way he’d know was through intel reports), why didn’t Rice?
What I’m concerned about is not finding ourselves in a situation where the wealthy aren’t paying more or aren’t paying as much they should; middle-class families, one way or another, are making up the difference. That’s the kind of status quo that has been going on here too long, and that’s exactly what I argued against during this campaign. And if there’s — one thing that I’m pretty confident about is the American people understood what they were getting when they gave me this incredible privilege of being in office for another four years. They want compromise. They wanted action. But they also want to make sure that middle-class folks aren’t bearing the entire burden and sacrifice when it comes to some of these big challenges. They expect that folks at the top are doing their fair share as well, and that’s going to be my guiding principle during these negotiations but, more importantly, during the next four years of my administration.
I’m not sure how many times we have to publish the percentage of taxes the top 5%, 2% or 1% pay in comparison with the rest of the population, but in reality, they pay much more than their “fair share”. This isn’t about “fair share’s”. It’s about perpetuating a myth that taxing them more will ease the debt/deficit problem (as Dale has pointed out, it will yield about $42 billion) and give Obama someone to blame if “negotiations” fail. This tax the rich scheme is the reddest of red herrings.
Four: Perputuating the “Big Lie”:
You know, as you know, Mark, we can’t attribute any particular weather event to climate change. What we do know is the temperature around the globe is increasing faster than was predicted even 10 years ago. We do know that the Arctic ice cap is melting faster than was predicted even five years ago. We do know that there have been extraordinarily — there have been an extraordinarily large number of severe weather events here in North America, but also around the globe.
There has been no warming for the past 10 years, Arctic ice is fine, thank you very much, and there have not been an “extraordinarily large number of severe weather events” here. In fact, we’re in a “hurricane drought” per the experts.
The good news, if you believe him, is that climate change will take a back seat to jobs and the economy. How do we measure whether this is more Obama hot air (i.e. saying one thing, doing another) or he means it?
Watch the EPA.
Charlie Cook, who is very astute politically, made this observation about the election that I think is pretty spot on, and it reinforces what we’ve been talking about here for the last few days:
Watching politics for 40 years now, I have seen the two major parties tend to leapfrog each other in terms of political sophistication. This state of the political art, when one party is firing on all eight (or, these days, six or even four) cylinders, seems to happen when the other party is in desperate need of a tune-up.
Democrats had a lousy economy, made some rather dubious policy choices in the past four years, and had an incumbent who chose to skip the first debate. But when it came to just about everything else, they handled things expertly, or developments went their way. Republicans had a bright candidate, but one who lacked the dexterity to handle a very challenging set of circumstances, and a party that was well out of touch with the demographic, generational, and ideological changes quietly transforming the electorate.
The emphasized lines make the bottom line point, in my opinion. “Tune it up” or continue to push the same tired line to an electorate that is transforming and you’ll see similar results the next time too. Deny it all you wish, “them’s the facts”.
What was it that Einstein said we should call trying the same thing over and over again while expecting different results?