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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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 Posted: Fri Oct 17, 2008 7:03 am Post subject: |
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| I really hate you guys putting me in a position to agree with Gopher here |
I suppose I should sympathize, but all I can say is: Birds of a feather... |
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bacasper
Joined: 26 Mar 2007
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| Posted: Fri Oct 17, 2008 7:14 am Post subject: |
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| Ya-ta Boy wrote: |
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| I really hate you guys putting me in a position to agree with Gopher here |
I suppose I should sympathize, but all I can say is: Birds of a feather... |
Off your meds again? That is so far off as to border on the psychotic.
It is about the only time I have ever agreed with him.
Wouldn't you agree, Gopher?  |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 8:59 am Post subject: |
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| Adventurer wrote: |
| At any rate, where did Obama compare himself to JFK or FDR? |
Christ you are dense. And now you have become confrontational and dense.
Start here. Or here. Or reread the OP.
Try looking at my avatar, too, should you get a chance. I promise to write simple subject-verb-object sentences from now on. |
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catman
Joined: 18 Jul 2004
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| Posted: Sun Oct 19, 2008 3:43 pm Post subject: Crisis Inspires Rethinking of 'Reaganomics' |
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Big government is staging a comeback.
When Ronald Reagan entered the White House in 1981, he famously declared, "Government is not the solution to our problem; government is the problem." Since then, conservative small-government ideas built on a foundation of deregulation and low taxes have dominated the debate over what role Washington should play in the economy.
Now the tide is turning, political experts on the right and left say. A combination of circumstances, including the resurgence of the Democratic Party and fallout from the worst financial crisis since the Great Depression, is giving impetus to wholesale expansion of government economic intervention.
"We've gone through a period of three decades when the default assumptions were conservative assumptions," said William Galston, a senior fellow at the Brookings Institution in Washington, D.C., and a policy adviser in the Clinton administration. "That framework has probably been torpedoed by events."
If Barack Obama is elected president and Democrats strengthen their grip on Congress, the period could be transformative. Democrats would enact a series of programs that they believe would boost economic growth and improve middle-class living standards.
But even if Republican presidential candidate John McCain were to win, a far-reaching expansion of government's regulatory authority would be likely. The nation's brush with financial collapse has changed the game. Despite McCain's small-government preferences, he now vows "much stricter oversight" of the financial system.
Rep. Barney Frank, the Massachusetts Democrat who chairs the House Financial Services Committee, argues that the nation is entering a period of resurgent government activism that will resemble Franklin Roosevelt's New Deal of the 1930s.
"This is the end of the era of extreme laissez-faire, of 'Don't tax it, don't regulate it,' " Frank said in an interview. "That has now been totally evaporated."
Conservatives acknowledge they have lost the initiative. But they see the current period as a temporary detour in a nation where free-market capitalism remains the ruling principle.
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sun Oct 19, 2008 4:28 pm Post subject: |
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"We've gone through a period of three decades when the default assumptions were conservative assumptions," said William Galston, a senior fellow at the Brookings Institution in Washington, D.C., and a policy adviser in the Clinton administration. "That framework has probably been torpedoed by events."
If Barack Obama is elected president and Democrats strengthen their grip on Congress, the period could be transformative. Democrats would enact a series of programs that they believe would boost economic growth and improve middle-class living standards.
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That sums up pretty well my hopes for an Obama administration. For my adult life, policies have produced at best a stagnant and at worst, a shrinking, middle class. In my opinion, the country is better off with a strong and prosperous middle class. Maybe that means achieving a mansion on the hill more difficult for the few, but if it means making a home in the suburbs more achievable for the many, then so be it.
The country does seem to move in a zig zag direction from left to right in 30-40 year phases. It can also be looked at as alternating periods of reform and consolidation. |
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