@sarek,
sarek wrote:Well, what can I say?
I think change is really in the air. Perhaps it is perceived by many as masquerading as merely an anti-republican backlash.
But the fact is that the current political/social/economic system is showing structural deficiencies and a need for correcting them is clearly felt.
In that sense the Bush years were only a symptom, maybe in the same way Louis XVI and Tsar Nicholas II were also symptoms of an outdated constellation.
Change is definitely in the air, but of what kind? Obama is the quintessence, the pure and self-confident distillation of what is wrong with the system. He will correct the system in the same way that FDR corrected the system, which corrections have lead to our present plight.
I would like to ask, with all seriousness, in hopes of getting an honest answer and beginning a real debate; what do you think is the cause of the current problem? The ideology that is perfected in Obama has been reigning since FDR. I assume that you blame conservatives or Raeganomics; fact: there have been no conservatives (those who beleive in minimal government) in public office for many decades, Raegan not excluded.
It is foolish to blame corperate greed for our problems. Unless you plan to move everyone to farms in the country, Pol Pot style, or to
re-education camps, there is no way to eliminate human self-interest. That is
the fact of life. However, that is not the cause of the problem. The fact is that government policies have not only enabled, but encouraged, and in some cases mandated, unwise and risky business practices; see the housing bubble of late. The decline in American industry, our reliance on imports and numerous other economic and, consequently, social woes, are the direct result of government interference.
As for consumerism, that is somewhat a fact of modern life; I refer you again to Pol Pot as an alternative. However, the unprecedentedly ugly and wastfeul consumer society of modern America has been carefully nurtured and encouraged by government actions beginning after the establishment of the Federal Reserve in 1913. Since then, Keyensian theory, or its derivatives, has dominated eonomic policy. What is the basis of Keyensian theory: that an economy can grow at a constant rate in perpetuity if demand is never allowed to fall: i.e. if people constantly spend money on disposable products. Beside ensuring the dominance of wall-mart and the like, this policy of the government has gradually allowed for the transformation of the American economy from the greatest producer and exporter of manufactures to the greatest consumer: the greatest creditor has become the greatest debtor. Whenever times ar ebad, moreover, and people do not have money to spend, the Fed prints money and releasesit into the market to be lent and subsequently spent, on new cars, houses, etc. The housing bubble, our negative average savings rate, our huge national debt and the about to explode distaster of inflation have all resulted from this policy. The idea that everyone has a right to own a home, or have acertain standard of living is great until there is no more money to borrow to pay for it.
Another typical target for blame is corruption and corperate lobbying. The truth is that government, besides often being incompentant at regulating its own behavior or the nation's, is corruptable, because people are fallable and corruptable. The larger the government, the more corrupt its likely to be; lobbyists can only demand special treatment for this or that company in some particular industry if the government is involved in regulating or subsidzing that industry. Look at the history; the more government has expanded, the more progams and departments it operates, the more lobbyists arrive in washington.
So, basically, my point is this; Obama, though a very smart fellow and a great politician, will in good faith continue to lead us into indebted, inflationairy, stagnating, consumer oblivion, albeit more hopefully...:bigsmile:
Note: I do not support McCain either, so make no claim about partisanship or anything like that. I am a libertarian and my party is a joke...