Tag: Obama

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free trade & free markets ideological culture national politics & policies

China Syndrome, 2012

The two major presidential candidates, incumbent Obama and challenger Romney, must spend their final weeks of the campaign appealing to

  1. Members of their respective parties disappointed enough to stay home on election day — or vote the dreaded “Third Party” ticket;
  2. Independent voters apt to find something distasteful about both candidates;
  3. The apathetic and the uninformed.

How to appeal to all three groups simultaneously? Well, go for the old standby: fear and hatred of foreigners.

This year, it’s the Chinese.

Romney started the China-​bashing by calling our Chinese trading partners “cheaters.” Apparently he is much vexed about how the Chinese don’t respect established intellectual property rights, “stealing” our technology, “everything from computers to fighter jets.” Of course, this mainly happens after “we” set up manufacturing plants for that technology there. He charged that President Obama has not deigned to “stand up to China.”

Earlier, he had accused China of manipulating its money in its favor. He seems to have dropped that, perhaps out of embarrassment — our own Fed’s monetary manipulations, after all, dwarf China’s.

The Obama campaign responded by avoiding the intellectual property issue just as Romney now avoids the monetary one, calling Romney himself a “cheater.” You see, in his Bain Capital days, Romney invested in firms that relocated jobs to “low wage countries like China.” Romney, we are told, has “never stood up to China.”

By which is meant: Romney engaged in globalism and opposed protectionism.

Is Mr. Obama really suggesting that prosperity will come if we shrink from global competition and enact barriers to international trade in goods and services?

The biggest problem the U.S. economy faces isn’t Beijing; it’s Washington.

This is Common Sense. I’m Paul Jacob.

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video

Video: State Department to Prez, “You Don’t Know What You Are Talking About”

While the president seems not to regard Egypt as an ally, the State Dept. has slightly different notions:

Categories
ideological culture

Predictable Prescription

President Obama loves a laugh line he uttered during his convention speech and is now on tour with it, using it to stoke up his campaign whistle stops.

Obama told us that Republican policy amounts to this: “Have a surplus? Try a tax cut. Deficit too high? Try another. Feel a cold coming on? Take two tax cuts, roll back some regulations and call us in the morning.”

Obama is correct that tax cuts don’t magically cure behemoth deficits or leviathan debt. And, frankly, Republicans are often as loathe as Democrats to cut — really cut — government spending.

But it’s not as if Obama were the Lone Ranger when it comes to hacking away at the federal octopus, constantly proposing only balanced budgets and demanding shutdowns of federal agencies and programs. No. Obama, like so many in DC, demands ever higher spending, ever higher taxes, ever more regulations — as exemplified by Obamacare. The president demonizes as Darwinian dastards all who support even vanishingly small reductions in projected increases in spending.

If the GOP plays a one-​note tune of tax cuts, ad infinitum, the Democrats’ have their own long-​playing record spinning around and around: the idea of government as the solution to every problem. But whatever “fiscal irresponsibility equivalence” exists between Republicans, who want to cut taxes in the face of trillion-​dollar a year deficits, and Democrats, who want to keep spending more, the underlying issue remains whether we need more government or less.

Take less government, less spending, lower taxes, and call me on election morning.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies too much government

716 Billion Lies

As the campaign for the presidency heats up, we’re going to hear the words “taxes” and “deficit” and “spending” repeated ad nauseam. And this number: $716,000,000,000.

That’s the amount of future Medicare spending that President Obama and the Democrats in Congress (exclusively, without a single Republican vote) cut, slashed, ripped, hacked out of the hands of elderly Americans over the next ten years.

And I thought Democrats loved Medicare, believed in it, wanted to keep it like it is against the bitter schemes of GOP Scrooges!

Now, as Republicans attack the Democrats’ attack on Medicare, Dems have counter-​attacked by charging that in his plan GOP VP nominee Paul Ryan cuts Medicare this exact same $716 billion. Ryan explains that his approach simply took the status quo as the baseline, and, sadly, tragically, that includes Obamacare’s nearly trillion dollar malpractice in gutting Medicare funds.

With older citizens constituting a huge voting block, this fall’s election may hinge on this $716 billion being taken from Medicare. Funny thing is, the number is a mirage. Meaningless. Not real. Medicare will not be cut $716 billion. Not really. Instead, it will grow in leaps and bounds over the next decade.

Nothing in Obamacare stops Congress from spending that $716 billion and more in coming years. In fact, they already plan for Medicare spending to grow by far more.

That’s the problem more broadly with the cuts Democrats offer in exchange for higher taxes. The cuts are illusory because the spending continues to grow. Therefore, any tax increases to plug deficit spending would be pouring water into a bucket full of holes.

This is Common Sense. I’m Paul Jacob.

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national politics & policies

Waste, Fraud and Abuse

There are few things less inspiring than listening to Republican and Democratic Party candidates and their flunkies discuss entitlement reform.

Last weekend, the Romney camp defended its newly acquired reform high-​ground from assaults by the current administration. Rep. Paul Ryan had famously charged that the Democrats’ health care reform package of 2010 had “raided” nearly three-​quarters of a trillion dollars to help extend Medicare-​like benefits to younger populations. The Obama camp swears on a stack of, uh, Bibles, that all it did was cut waste and fraud and, yes, expanded services to seniors in the process and . . .

I don’t have the heart, or stomach, or liver (which organ is it that deals with bile?) to diagnose all this with scientific scrutiny, but I will say, off-​hand, both sides look pathetic.

Who can believe that politicians and their hangers-​on in the bureaucracies have actually honed in on — much less will actually cut —nearly a trillion dollars of waste, fraud and abuse?

Not that they aren’t there. It’s just that waste and fraud seem awfully stubborn, given that even those spending a lifetime in politics have made no progress against them.

Except during campaign speeches,

Washington politicians seem much friendlier to the wasters, fraudsters and abusers than to taxpayers. And the former are better organized, too.

It’s all preposterous.

And the supposed Republican reformers? They are “defending Medicare” so that older people don’t have to lose anything. But if the system is falling apart, it may be that the only fair thing is for every current recipient to lose something, so as not to lose everything.

The unmentionable truth? Waste is part of the system, and the programs are themselves fraudulent and abusive.

This is Common Sense. I’m Paul Jacob.

Categories
media and media people national politics & policies political challengers

The A‑Word

The n‑word got dropped on MSNBC’s The Cycle this week. The show’s co-​host [No First Name] Touré called Mitt Romney’s use of the word “angry” to describe some of the rhetoric coming out of the White House as “the ‘niggerization’ of Obama”:

“You are not one of us, you are like the scary black man who we’ve been trained to fear.”

Naturally this led to a battle between Touré and conservative co-​host S.E. Cupp. She took particular issue with the fact that Touré admitted that VP Joe Biden‘s “chains” comments were divisive, but is now calling Romney a “racist” for saying the Obama campaign is “angry.”

“Do you see how dishonest that is?” she asked.

Good question. But here’s a better one: Doesn’t talk of race and code-​words obscure the real issue here, anger?

Romney shouldn’t be calling for the Obama administration to be less angry. He should be angry himself, and castigating the president and his crew for being angry at the wrong things.

We should be angry at the continuation of wars, foreign (the Middle East) and domestic (on psychoactive drug use), to the detriment of fiscal stability as well as our civil liberties.

We should be angry that the nation’s pension system has been systematically stripped of its surpluses for 77 years — by politicians in Washington.

We should be angry that federal (along with state) policy has interfered with medicine to such an extent that the most idiotic ideas around — nationalization/​socialization — almost seemed plausible to a sizable minority of Americans.

We should be angry that the Democrats pushed through yet another expensive entitlement, “Obamacare,” while the rest of the federal government sunk further into insolvency.

And yes, we should be angry that our leaders can’t stick to decent issues.

This is Common Sense. I’m Paul Jacob.