On Sun, 10 Jun 2012 12:15:21 -0700, "max headroom"
They promised what a decent economy could deliver. Some states mandate
balanced budgets and they managed it while the economy was doing Ok.
But that's the kiss of death when the economy turns down, as they have
learned.
>
>> The only good thing that would come of it is that the Republicans
>> would get the idea that their policies are not viable. Then they'll
>> claim that transferring money to the states was their idea, and
>> they'll talk up education, firefighting, and policing.
>
>The feds would have to borrow more money to transfer and that's not really an option now.
Well, economically it is. Politically it is not -- unless and until
the Republicans gain more power, and realize, as they did for nearly
60 years, that it's the only sensible thing to do when the economy is
slumping and consumption is suffering from high unemployment.
>
>> Facing responsibility for their actions, maybe the teabaggers will
>> then have been co-opted by reality and re-join the real American
>> political and economic scene, and learn to have real debates and to
>> compromise. That's not a bad possible outcome, actually.
>
>It's the elected officials who have had a rendezvous with reality when the Tea Party DEMANDED to be
>heard. I doubt you agree, but I found it inspiring three years ago when Democrats returned to their
>home districts to tell the people about ObamaCare and instead found crowds who demanded the
>congressmen sit down, shut up, and LISTEN.
But listen to what? The ravings of people who have theirs, and who
have been told that universal healthcare, by which others will be able
to get health care, is "socialism"? That the public option is going
to destroy capitalist insurance? That the insurance mandate -- an idea
promoted by Richard Nixon, Newt Gingrich, and Mitt Romney, is a
violation of the Constitution? That deficit spending means we're all
going broke, because they don't know what happened after WWII or what
the consequences are of a downward spiral of consumption and
investment?
I worked with the insurance and pharma industries. I know who fed them
those ideas, and why. And the Republicans just exploited the economics
message. They had no problem with it under Reagan or Bush II.
Overall, I think that kind of populism is a good thing, helping to
keep legislation on the ground and out of the world of abstraction.
But this is a case of people who think that home economics is the way
the economy should run in a sovereign nation with its own currency.
Their thoughts have *some* application in the case of Greece, a
country that is now a slave to the Euro. But not of the United States.
And I'm concerned about how money controls the message. If money is
speech, as the Supreme Court says, then the health care insurance
industry gets to promote its story for 50 minutes and the rest of us
get 10 minutes out of every hour.
I don't get too upset about it because I believe we eventually correct
our mistakes. In my case it probably will be after I'm dead and gone.
But that doesn't bother me too much, either. I care more than we allow
democracy, including populist movements like the Tea Party, to work
its way through the system. It beats the alternative.
--
Ed Huntress
>