Quotulatiousness

August 27, 2012

US presidential election: one from column A or one from column B

Filed under: Media, Politics, USA — Tags: , , — Nicholas @ 09:00

Jesse Kline explains the lack of excitement among independent voters (those not formally registered as Democrats or Republicans) — they really aren’t being offered much of a choice between the top two candidates:

It would, of course, be unfair to blame Obama for a mess that has been created over decades by both political parties. Ronald Reagan and George W. Bush presided over massive spending increases; Clinton and Bush II also increased regulation; while Congress has substantially increased the of new laws it passes on an annual basis since the early 1980s.

But Obama’s record in his first term is still dismal. For all his talk about creating jobs and improving the economy, Obama’s policies have only served to increase the cost of doing business and divert money from productive sectors of the economy to increase government spending. The only question is whether the Republicans can fix the fiscal mess they helped create.

To his credit, Mitt Romney has at least been talking about the regulatory burden the American economy faces. Paul Ryan is, likewise, one of the few politicians talking about entitlement reform.

But Romney has explicitly stated he will not use the Ryan budget as a template for his own economic policies — which he has left incredibly vague. And even the Ryan budget does little to cut real spending in the short term, partially because it does not cut military spending, which is arguably as big an issue as entitlement spending.

Not only are policy makers stuck in a catch-22 over how to prevent the economy from falling back into recession while staving off a looming debt crisis, the American people are also facing a similar conundrum in choosing the next president: Neither party has a track record to suggest it is willing and able to address the country’s serious economic issues, and neither is willing to work co-operatively in a political environment that is entrenched along partisan and ideological lines.

In spite of the way the term is hurled around, the common accusation of “racism” for anyone who doesn’t support Barack Obama has a slight kernel of truth about it: on the policy side, Obama and Romney are not very far apart at all. The two men are much more similar than different … except for race.

1 Comment

  1. Racism and stupidity exist on both sides. For a nice summary of Obama’s tacit defense of black racism against whites, see http://tinyurl.com/8tzcy5w

    Comment by Stephen Marks — August 27, 2012 @ 20:34

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