Tuesday, August 28, 2012

Party Politics


Think on these factoids as the Republican Convention is now underway:

From Bloomberg, POLITICO, US Department of Labor:

                                                                        Republicans                 Democrats
Years held Presidency                                         28 years                  22 years
Total jobs created                                             24 million                  42 million
Stock market return                                            109%                         992%
Stock market return annualized                         2.7%                        11.0%
Gross Domestic Product                                     2.7%                          4.1%
Income Growth                                                   0.6%                          2.2%

Interesting data! Now which is the party that’s good for business? And the middle class that pursues the education, technology, new careers, business transformations, household formation and consumers who build higher standards of living that benefit the most people?

Anonymous offering found on the Internet:

“The next time someone tells you that Obama is destroying the economy, remind them that the stock market and corporate profits are at all-time highs.
When they tell you that this hasn’t helped them any, remind them they’ve just admitted Trickle-Down Economics doesn’t work.   Boom!”
           
Remember trickle down? Didn’t work in Reagan’s time or Bush I’s era, either. Still doesn’t. What does work is repairing and replacing aging infrastructure so people have jobs in the meantime while the operating base provided for corporations is renewed and allows them more opportunity to do business efficiently and effectively. It doesn’t take a village in this instance; it takes a nation intent on succeeding for all of its people. Investment pays off for societies as much as it does entrepreneurs.

Another issue I’m reminded of: when he first took office, Obama had a congress controlled by Democrats. Instead of using that to pass legislation he favored, he used his leadership to build bipartisanship and compromise. Rather than working with that, Republicans fought it and frustrated the process. For two years Obama and congressional democrats gave this reasoned approach a chance to work. Biding their time, republicans sat out the opportunity to help the nation fix its problems. Mid term elections swung the House of Representatives to republican control. And that was the end of bipartisanship. In the Senate, arcane republican led rules require a super majority to pass anything, while a simple majority defeats just about everything.

In that moment of opportunity, who led? Who played politics at the expense of the nation?

This time around, re-elect Obama, but also give him a congress he can work with!

From the Think Progress website comes this report:

“Letter to Paul Ryan: ‘…We would be remiss in our duty to you and our students if we did not challenge your continuing misuse of Catholic teaching to defend a budget plan that decimates food programs for struggling families, radically weakens protections for the elderly and sick, and gives more tax breaks to the wealthiest few.’  
          ~Georgetown [University] Faculty and Religious Leaders”

Now that’s what I call a grounding statement of principle. Ryan says he holds these principled views but then espouses public policy for the opposite effect. Politics sure creates strange bedfellows!

And from the Women Suffragettes comes this campaign banner from 1872 and 1894:

“No self respecting woman should wish or work for the success of a party that ignores her sex.”                        ~Susan B. Anthony

How religious freedom became entangled in women’s rights and upside down logic is a mystery to me. And why there are any women still supportive of republicans is a greater mystery.

Watch this week’s convention in Tampa. Will the greatest surprises be on the floor of the convention hall, or the howling winds outdoors?  Tune in and see!

August 28, 2012

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