Wednesday, August 31, 2011
It’s about time democrats
Democrats are finally taking charge and controlling the message. It wasn't that long ago when the republicans made the debt and the deficit the number one problem. The democrats have stuck with their job's message, and it's working,now all they have to do is hold it for dear life, for the next fifteen months.
I don't know whether President Obama intentionally upstaged the GOP's September 7th debate by asking for a televised joint session speech on jobs and the economy on the same night of their debate.. The president's spokesman said we only have one president, and the GOP will have about 20 debates, besides, they can schedule the debate after the president's speech. Yes, the GOP debate was scheduled a long time ago, but it's not easy to get national air time for a presidential speech. The Republican presidential candidates all have a chance to rebut the president's speech, and tell the country how they would create jobs. Mitt Romney and Jon Huntsman have job's plans, but they are the same republican boilerplates plans; cut corporate taxes, zero taxes on dividends and capital gains, and repeal EPA regulations and Dodd-Frank. I still don't know how those plans will make consumers spend more because we have a housing crisis and a demand problem.
This August recess republican town hall meetings have been disrupted by people announcing their displeasure over Social Security and Medicare cuts while not asking for the top 2% to contribute more. A couple of nights ago one constituent stood up and asked a prominent republican to lift the cap on the Social Security wage tax on the employee and employer, in contrast to cutting benefits or raising the retirement age. Constituents all over the country are making their views known to the representatives, especially those that will serve on the super committee.
Most of the president's supporters want him to go for it all, knowing that the republicans won't pass his proposal, but it will give them an issue they can campaign on. The republicans will deny anything short of tax and spending cuts. The democrats will make their case that you can't lower the deficit and create the environment for more jobs at the same time. They will make the case that more jobs will create the tax revenues necessary to lower the deficit. The democrats will answer the demand problem by putting more people to work so they can afford to buy the big-ticket items, like cars and homes.
This morning Joe Scarborough was talking about in FDR's social programs, infrastructure projects, and a message of caring brought us back to prosperity. He said while not as severe, Ronald Reagan's policies brought us back from financial ruins of the 1980s by lowering taxes. That leads me to believe that economics' is not really a science because human beings can be manipulated. It's certainly not proof that Keynesian economics' does not work because a good percentage of the stimulus package was tax cuts. It may not be popular to say, but I think America is a hybrid nation with the basis being capitalism mixed in with a little of socialism. Since we have a central banking system, we will never have a true capitalist society because we like our VA medical care, Social Security and Medicare, we just don't like to take the steps to pay for them.
It's still early but the pundits are already saying Rick Perry is running away with the nomination because the Tea Party will never back Mitt Romney. Governor Perry cannot run away from what he wrote in his book 10 months ago; he took a pretty radical stand by calling Social Security a Ponzi scheme. I don't know what caused Ron Paul's fall to fifth place, but I suspect his interview with Anderson Cooper might have had something to do with it. They both argued over the role of FEMA where Ron Paul finally had to admit that government does have a role to play in rescue efforts. It didn't surprise me that kinky Friedman is now supporting Rick Perry; I listened to his message and knew instantly that he was not a Democrat.
It's still early in the whacky world of national politics.