Very late in the game the President is unveiling a new job creation plan which will supposedly combine tax cuts with new spending. Whether it gets through the Repub controlled House is anybody's guess. The President's big mistake was focusing on High Tech and "Green" jobs, which did not provide the broad based stimulus the economy needed. In politics, being right in principle isn't always enough. With unemployment at 9% the President's prospects are growing dim. Polls show he would lose to Romney, and possibly to Bachmann or Perry.
The problem goes deeper than Barack Obama himself. Much of the problem goes to what happened to the Democrats and the Liberals after the 1980's (keeping in mind that Democrat and Liberal are no longer synonymous.) Liberalism has lost any ideological or policy coherence has become nothing more than set of "benevolent" attitudes: liberals see the good in everyone, liberals want to please everyone, and liberals always prefer compromise over confrontation. Democrats, especially those in D.C. have no goal other than to "keep the ball rolling" and represent nothing more than compromise for the sake of compromise. That's why they lose even when they should win, and even when they do win, they don't make anything with it.
Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts
Wednesday, September 7, 2011
Friday, January 21, 2011
We Didn't Vote for Barak Bush
The appointment of Gene Sperling as the head of the National Economic Council is said to be part of the Obama administration's attempt to strik a more "business-friendly" pose. Sperling describes himself as a "pro-business progressive" who believes that "a rising tide raises all ships."
This "rising tide" nonesense should be dropped in the same hole as the stupidities of the 1980's like deely bobbers and movies that star Molly Ringwald. The policies advocated by Sperling, letting the rich do as they will, have brought us the mess were in: unemployment, underwated mortgages, declining services, and pollution, just to name a few. The only true progressive policies include holding the rich corporate interests accountable and force them to pay their fair share. There can be no such thing as a "pro-business progressive" than there can be a vegetarian piranha.
This "rising tide" nonesense should be dropped in the same hole as the stupidities of the 1980's like deely bobbers and movies that star Molly Ringwald. The policies advocated by Sperling, letting the rich do as they will, have brought us the mess were in: unemployment, underwated mortgages, declining services, and pollution, just to name a few. The only true progressive policies include holding the rich corporate interests accountable and force them to pay their fair share. There can be no such thing as a "pro-business progressive" than there can be a vegetarian piranha.
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