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The Republican Party could easily describe the macroeconomic policies of the Democratic Party as ‘tax and spend,’ but then, not much can be said for their approach or stewardship over the U.S. economy. I’ve often imagined a political cartoon with a house on fire, and next to it is a caricature of Speaker of the House John Boehner (R-OH), dressed as fireman, yelling, “Throw some tax cuts at it.”
I spent some time over the break reviewing my work as a columnist for The Eastern Echo, which has been decent, but my arguments have not always been as persuasive as desired. I also realized I’ve often used my space in the publication to fire attacks on the Republican Party from the opposite side of the political spectrum.
I still am amused with Republican presidential candidate Hermain Cain. But that amusement is now tinged with a sense of annoyance. I’m annoyed that while I had dismissed Cain as a serious contender for the presidency after he admitted he didn’t know who the leader of “Ubeki-beki-beki-beki-stan-stan,” the rest of the Republican Party had not.
If you’ve followed the string of crises that have stricken America since the crash on Wall Street, you’ve heard we’ve suffered a housing crisis, credit crisis, job crisis, debt crisis and a financial crisis that really set off the previously mentioned crises.
“With just five weeks until its deadline, a secretive Congressional committee seeking ways to cut the federal deficit is far from a consensus, and party leaders may need to step in if they want to ensure agreement, say people involved in the panel’s work,” reported the New York Times. The secretive committee, officially known as the Joint Select Committee on Deficit Reduction, has come to the expected impasse. Its membership comprised of six Republicans and six Democrats, evenly divided between members of the Senate and the House.
In a discussion I had with fellow columnist Neil Weinberg, I admitted I couldn’t tell him exactly what the Occupy Wall Street (OWS) protesters were against, or what the desired outcome was for the demonstrations, but I did know they were protesting in the right place.
“A senior Senate Democrat released a draft of a sprawling revision of the No Child Left Behind education law on Tuesday that would dismantle the provisions of the law that used standardized test scores in reading and math to label tens of thousands of public schools as failing,” reported the New York Times on Oct. 11.
This week I was somewhat dismayed by the items I saw on the Michigan Legislature’s agenda. They obviously didn’t follow the instructions in my column last week on repairing the economy.
“China is Michigan’s third-biggest export market after Canada and Mexico…” reported the Detroit News, commenting on Gov. Rick Snyder’s eight day tour around Asia. “Sales to China in 2010 totaled $2.2 billion, up from about $700 million five years earlier.”
As a rule of thumb, economists usually insist that a tax system is equitable, feasible, easy to collect and fair. If President Obama’s idea for a millionaire’s tax and the dissent that followed is any indicator, politicians still can’t agree on what fair is. This is why the FairTax, also known as Congressional bills H.R. 25/ S. 13, is so interesting.
In late January of this year I wrote an article entitled “Free-Marketeers Have it Wrong,” which received some lively comments. I had taken the time to read the writings of Ludwig von Mises, Congressman Ron Paul and Milton Friedman in preparation.
I have several bad memories from math class where I would walk to the front of the class countless times only to hear my arithmetic was wrong. The current debate over the debt ceiling from the Republican Party is giving me flashbacks.
One of my favorite songs is “What Becomes of the Brokenhearted?” by Jimmy Ruffin. I started thinking about the song after reading about how the effects of long-term unemployment are crippling my generation. Albeit the song is talking about love rather than joblessness, I think the lyrics can serve as the somber anthem for this generation, nonetheless.
A few weeks ago on The Daily Show, host Jon Stewart sat down with the newbie senator from Kentucky, Rand Paul. The two discussed the budget, running deficits and the Tea Party. It all seemed so genuine, however, the most striking segment of the conversation surrounded federal regulations and the right place for the government in the marketplace.
I loathe Evan Bayh, the former senator from Indiana, and either for reasons of catharsis or clarity, I thought it necessary to dedicate an entire column to my dislike of the “Democrat.” A few weeks ago, I read Bayh was signing on to be a contributor for Fox News, and without shock but much chagrin, I thought this is exactly the conundrum “centrists” pose for the Democratic Party.
Last week, I wrote the Republican Party is suffering from an illness. At first my diagnosis was simply the carunculous Tea Party, but now I feel it is something different, or at least more than first suspected. The symptoms seem much more cerebral. It is as if the party has been suffering from a “brain-drain” as of late.
America’s two political parties have faced off with factions within their houses before, The Republican Party emerged from the Whig Party in the 1800s, and the Democrats had to fight with the Dixiecrats in the 1940s. However, this time around, it seems the Republican Party is facing a division much more cancerous than anything seen before.
President Obama is no Franklin Delano Roosevelt. I thought it was appropriate to make this distinction on President’s Day. It was on the cover of Time magazine where I first saw the absurd comparison of the 44th president to the 32nd.
Frederick Douglass delivered the speech in 1852 titled “What to the Slave is the Fourth of July?” The speech posed the question of what cause for celebration was there for slaves when they were not granted the freedoms given to most Americans.
It’s simple economics when you think about it, with a mounting debt, the United States has come to a crossroads where it is going to have to make a “guns or butter” kind of decision.
Solutions by The State News
