Only an economic turnaround will save the Dems

But that’s the last thing Republicans want.

By Jack E. Lohman

What’s done is done, and we can thank Massachusetts voters for sending the message. Obama has not been keeping his promises, but maybe now he will.

  1. Campaign Finance Reform: Don’t even think about moving forward without getting the political bribes out of the system. If the payola in the recent health care battle taught us anything, it’s that our politicians work for them and not us.
    .
    With the recent (stupid) Supreme Court ruling it is even more important to offset the corporate money. Public funding of campaigns — with matching public funds when a candidate is outspent — will level the playing field, enable more new challengers, and return political loyalties to the people. It’s optional, but incumbents will either switch or answer to the voters, and they’ll moderate or eliminate their corporate bias. Corporations are important, but not over the rest of society.
    .
    More importantly, it will reduce the political obstructionism and let congress get things done in the best interest of the nation’s economy.
    .
  2. Bring Back Jobs: Jobless recovery? Dream on, it’s not possible. Temporary government jobs will be gone in a year and we’ll be back to where we started; except a lot poorer. We must (a) revisit NAFTA as promised, and (b) bail out 100% of  our U.S. corporations, not just the bankers and car manufacturers. Whatever we can save “American” corporations in taxes and health care costs will be invested in new jobs and economic growth.
    .
  3. Zero Taxes for US Corporations: These taxes are passed to the consumers anyway and make our companies uncompetitive with foreign product. They should be eliminated or offset for companies who employ US workers, perhaps with a “per employee” subsidy for full time employees. Taxes on corporations that outsource jobs should be retained and increased.
    .
  4. We must… absolutely MUST… implement a single-payer Medicare-for-all system. If not for reasons of humanity, then for the sake of our nation’s economy. Employer health care costs are 15% of wages and are passed on to the consumers in any case. But in the process we make our corporations uncompetitive and massive jobs are lost to countries that already have universal healthcare.
    .
    For the same dollars we are spending today (16.5% of GDP) we could provide first-class CheneyCare to 100% of our population. We’d pay for it differently — via our national infrastructure and progressive tax system rather than through wages — but we would remove this burden from employers and allow them to spend their money on wages and new jobs instead.
    .
    But sensible spending on health care is the last thing the insurance industry wants, because 31% of healthcare costs are going to the insurance bureaucracy.
    .
    And incidentally, our politicians share in every private health care dollar, because private insurance can give campaign contributions and Medicare can’t.

But note this: NOTHING will happen unless we taxpayers buy back our political system through public funding of campaigns. Write your congressmen and ask that they support the Fair Elections Now Act.

There are only two possible reasons why our country is in a tailspin: either our politicians are inept or they are corrupt, and there’s little indication of it being the former.

If campaign cash were not so relevant, politicians would not be spending half their time recruiting it and the other half protecting it.

Tidbits

— Want to know why we are spending $7 million on a railroad bridge in Nebraska and another in Florida? Follow the road builder’s campaign contributions. Want to know why your community is not getting shared revenues from the state, and is being forced into laying off police and fire fighters and eliminate special needs programs? Politicians are spending the cash satisfying their business cronies.

— Yea, I know. You want to be able to buy your congressman. Our so-called freedom of speech, don’cha know. We’ve had it for years; how are you liking the results?

— Banking reform? Don’t even think about it.

10 Responses to Only an economic turnaround will save the Dems

  1. John says:

    Point 3, zero taxes, is unnecessary if we make equal trade agreements over a two or three year period. If there is a tariff or government subsidy in the country of trade, we will match it. In some cases, the U.S. will need to raise the living standard in cheap labor countries through wage and trade agreements as well.

    What we have on our side is the, or one of the top, consumer markets in the world. If they want to steer clear, let ’em try.

  2. My argument John, is that zero taxes on corporations should be a no-brainer anyway. Corporations just add the taxes they do pay, plus the massive costs to minimize them, to the price of the product anyway. And the consumer pays them irrespective of trade agreements! So let’s not charge them in the first place and let them better compete with foreign product.

    And yea, what the US is now going through is the process of raising the standard of living in these low wage countries, but we are sure paying one hell of a price. I’ve read that in 30 years China’s and America’s wages will be equal, at $2-3 per hour. I think we have some re-evaluating to do.

  3. Webapparition says:

    None of this will matter except for one important fact that you did not address.

    Continuing aggressive, counterproductive Imperial wars and invading country’s to rape and control their resources (not to mention millions of Innocent life that the US obliterates over years of this Evil shit) are siphoning and sucking the very life out of this nation like a God-forsaken vampire!

  4. I didn’t include defense spending because I’m not smart enough to know whether cutting it will ultimately hurt or help the nation. Maybe you are, and a lot of anti-war activists believe they are capable of knowing the results that will occur years from now.

    But what your people should realize is that if we get the bribery out of the system, these decisions will be made on the basis of need rather than campaign pocketbooks.

    • Webapparition says:

      I don’t have any “people” and I am not an “anti-war activist”. “need” is in the eye of the beholder. How do you know whether these politicians think we need or don’t need these wars? Even if bribery wasn’t a part of how they work?

      You say corporate taxes are passed onto consumers anyway, but isn’t the costs of war and defense also passed on to consumers also? Should this then also be included in any kind of economic reform? What about Monetary policy? Should we continue to just print money by fiat and what is this doing to the value of the dollar, not to mention borrowing from China, Japan, etc keeping the enormous debt rising?

      I don’t believe that we can just “tweek” the system and come out on top without looking at every expediture in all areas of government.How do you know whether your ideas will actually hurt or help the nation in the future?

      Maybe taking the bribery out of the system will help some, but will it solve the bigger problem of the defecit of personal Integrity and morality
      of our elected officials?

  5. The answer is both yes and no, sometimes and maybe. I am not smart enough to inject myself in the anti-war issue. You could be very right, and you could be very wrong. And a lot of lives and dollars will either be saved or lost.

    That’s a burden I haven’t prepared myself for. I can understand your desire to get the costs of war injected into every issue, but I’m not qualified to give a perfect answer. I don’t think you are either.

    But the one thing we can agree on is that a corrupt political system is doing us great harm, and the fact that politicians take gobs of money from the defense industry is likely not helpful.

  6. Webapparition says:

    I agree completely on the corruption. It has to be dealt with, though I think this will take time of course.

    I don’t think that there are any perfect answers to these problems. I would put some of the blame for these issues on the people themselves and not just the politicians(I include myself). There are many reasons for this. But until the corrupt one-party system feels threatened enough by voters and their potential loss of power/privilige/their jobs change will not happen.

    I like your website and read it often and hope you did not think I was attacking you about the defense spending issue personally as in baiting you just to make an arguement? Keep up the good work!

  7. And as well, I don’t discount your concern. I just want you and others to know that I am in no way versed on the war (pro or anti) issue. I know full well that it is costing us terribly, and I don’t like that. But I truly don’t know if the war is right or wrong, long term, and making the wrong decision here could be very costly.

    But I’m mad as hell that our politicians are taking money from the defense industry, and banking industry, and health insurance industry, and Big Pharma and just about every other industry that exists. They work for US but take money from THEM.

    Our congressmen are prostitutes, and if we had public funding of campaigns at least some of them would improve their personal Integrity and morality. But others would continue taking private money and would likely be booted out by the voters.

    So I put campaign funding as the Number One issue this country has to face. All others feed from that.

  8. You’ll like this, Jack. The Heritage Foundation is out with a ranking of nations according to how “free” their economies are. Canada, with its single payer system, is considered “free” while the U.S. is only “mostly free.”

    http://www.investors.com/NewsAndAnalysis/Article.aspx?id=519747

  9. Thanks much, John. Excellent chart. Interesting to see that US is only 8th. I hope that doesn’t give fodder to the righties claim that “See, now we have to deregulate everything!”

%d bloggers like this: