As a percentage of GDP.
As a percentage of GDP.
Many people see the federal government as not reflecting their views at all. Some see the unending expansion of the state into every nook and cranny of life, and the gaming of the government by powerful corporate and political interests, as a real threat. Indeed that our massive government is encroaching on the things many Americans hold particularly dear, independence, for some – faith, economic liberty, liberty generally, privacy, and so on.
We pay enough taxes and we have enough regulations (for the most part). Taxes and regs which serve to benefit big business over smaller businesses are particularly repugnant.
Michael Lind has written a long article in Politico (where he is a contributing editor) on the future of the Republican party. I’ll save you the trouble of reading all of it. At the end, it suggests that the rational thing for the party to do is to accept today’s “progressive” welfare state, but just try to tilt the government payments to white middle class workers and businesses, in other words the core voters and the core financiers of the party.
We expect more of the same from Speaker Ryan, but we hope for the best. Indeed if Ryan can get the big spending establishment under reins this will be an historic achievement. Truly something to be proud of. His position in history will be unique. And you know pols love that sort of thing.
We think it is possible that Ryan has it in him. Possible. Not probable though.
But it wasn’t just Boehner who sold out taxpayers. The GOP Military Industrial Complex guys made sure they got their money along with the Democrats. More spending. More government. More insider dealing. More crony capitalism.
It’s not a done deal officially yet but it’s basically done.
They haven’t learned. Thing is they don’t want to learn. The power is too addictive.
It is disappointing if not surprising. As we’ve said, this is a long slog.
And they should be. The establishment to date has tossed aside the grass roots and has worked to undermine the everyday voter at every turn. Why is Boehner out? Because Republican voters didn’t trust him and they made it known. Why did McCarthy run into a brick wall. Similar reasons. Why is Paul Ryan hesitant to take the Speaker reins? Because Republican voters are sick to death of being sold out and Ryan wonders if he can handle the heat.
I’ll give old Bernie credit, at least he said it. He really does think that raising taxes on all employees, all employers, and especially the self-employed small business owners in this country (who must pay all payroll taxes themselves) to fund “family leave” is a good idea. *
Let us create another hoop to jump through before hiring someone. Let us confiscate more wealth from the productive part of the economy and funnel it through the vast and wasteful government.
Now, who’s Boeing and who is Congress in this picture?
On October 9 members of the House, pretty much every Democrat (Which is just a crying shame but speaks to conformist nature of the party under Ms. Pelosi, Dems used to hate Ex-Im.) and a smattering of Republicans (but just enough) signed a “discharge petition” to bring a vote on the Export-Import Bank to the floor of the House through extraordinary means. The giant corporations, specifically Boeing, GE, Caterpillar and a few others have deployed their lobbyists in an all out assault on the anti-crony insurgents in Congress.
As we have said before, there IS class warfare going on. It’s the political class, which includes the vast federal bureaucracy, versus the American people. Our government is way way way too large. We have way way way too many federal employees whiling away the hours doing God only knows what while they tick off the minutes until their retirement pension kicks in which is lavishly funded by, well, you. It is a parasitic situation. The Leviathan grows, feeding off of the hard work and ingenuity of the private sector all the while claiming to have legitimate authority over the private sector.
As we’ve said many times, we have no affiliation with the Kochs. Though we think that generally speaking they do a heck of a lot of good and are not at all the evil ghouls those shining citizens Nancy Pelosi and Harry Reid make them out to be. I’ve read David Koch’s (last) book which explains his management philosophy and found it valuable. Generally speaking I like the Kochs and have for a long time.
Sacrilege! The Kochs are evil!
Boeing and GE want their Ex-Im Bank. They’ve had taxpayer underwritten loans for so long they feel like they are owed them. As such they have deployed their lobbyists in a full arm twisting offensive. In the chaos surrounding the impending Speaker vacancy the giant corporations want to make sure they get what they have spread money around Congress to get. They are calling in “favors.”
GE and Boeing aren’t going to let the free marketeers win easily.