Thursday, September 30, 2010
Bring in the Adults
The modern Democrats have taught American voters in four years what the Republicans and Conservatives couldn't teach them in fifty years. A government out of control serves the purpose of no one. Not those who govern or those who are governed. It is not the privilege of government to penalize its citizens. Conservatives, who tend to be Republican, are likely to get a chance to once again try and lead the nation out of the current morass. Without going over old ground most experts seem to agree the recession started in the middle of 2007. Coincidentally, that is five months into the new Democratically-led Congress under Pelosi and Reid, whose first serious legislative victory was the institution of the now legendary “Mark to Market Rule,” which led to the collapse of Lehman Brothers and the mortgage meltdown. At this time U.S. unemployment was 4.6-percent. By the middle of 2008 it had gone to 5.8-percent. One year later the unemployment rate was 9.5-percent and that’s where it is today. Three Trillion dollars in spending has not put a dent in it. The Congress has left town with no budget in place and the smart money says those waiting for the extension of the Bush Tax cuts are living in a dream world. The Democrats have wanted to repeal the cuts for years, but have had to wait for their expiration. It should be noted that the Democrats insisted on a sunset provision before passing the tax cuts in the first place. The Republicans in contrast have fought to make them permanent, but were stymied by a filibustering Democratic Senate even when the Republicans had the majority in both houses. There are many people who feel the country is in great danger. They will be coming to the polls to vote this year. Americans want their government back. They want to have their voices heard. They want to the government to do what many of them have had to do. They want government officials to act like adults. They want them to be grown-ups. America is not a tinker toy for the amusement of would-be egomaniacs who think people are the fodder for their intellectual escapades. A new Congress will have to face many legislative obstacles to improve the economy and get our financial house in order. Over the next few weeks the new narrative will try to cover these issues. Keep watching.