Skip to main content

The Responsibility of the Conservative Citizen

In the wake of the Republican Party winning a majority in the House of Representatives, what is the responsibility of the Conservative Citizens who elected them?
Slightly over four years ago, the Republicans began the slide that resulted eventually in the election of a first term Senator from Illinois to the Presidency, along with significant majorities in both chambers. I was making long drives frequently at that time, and remember my violent reactions to whiny-assed Republicans appearing on Sean Hannity's radio program, proclaiming how much worse things would be if we didn't re-elect them.  My reaction was that, since they had failed miserably and completely, they couldn't run on a record of accomplishment.  Instead of making progress on immigration - an issue of importance to conservatives - they had engaged in internecine fights over which proposal was more like amnesty.  Abandoning free market principles, they supported tariffs on Canadian lumber and steel from multiple countries.  And, worst of all, they went on an unbridled spending spree, complete with record-setting earmarks.  I had no  sympathy for their argument that things would be worse.  I'd rather have an honest Liberal than someone who can't be relied upon.
As apposed to many of my conservatives friends, I have no rancor with the President.  In my view, he is exactly as advertised: we new he was a Liberal when we elected him.  Indeed, I think conservatives should be quite surprised that he has prosecuted the war so aggressively.
The remaining Democrats are largely the most Liberal - although not exclusively.
So what is the role now for the Conservative?
It seems to me we must concentrate on watching our own side, and being  relentless in raising hell if they slip back into the patter of 2005.  Things we must monitor:
First, absolutely no earmarks.  (I have great respect for conservative talk show host Hugh Hewitt and understand his view that earmarks for the Defense bills are different.  Sorry Hugh, I don't trust them that far yet.)
Second, the deficit is around a trillion dollars.  The currently discussed $100 bil in cuts isn't even a serious effort.    Conservatives should prepare themselves and their representatives for spending reductions of $500 billion.  That means everything must be on the table including conservative favorites: defense, Homeland Security (thanks Jesse Ventura for your expose' on waste there on your new Conspiracy Theory TV show) CIA, FBI.
Third, real work could be done to spur economic growth by dealing with the regulatory bureaucracy.  It takes 20 years to build a nuclear power plant.  Time to exempt nuclear plants from environmental laws and tell the NRC they have 90 days to approve construction plans, or they are automatically approved.  And immediately pass a law excluding carbon dioxide from regulation by the EPA.  Otherwise, the next wave of economic destruction will be released by the EPA.  I believe that massive reduction in the scope of regulatory agencies would be far more stimulative than extending the current tax rates.
Enhanced by Zemanta

Comments

Unknown said…
Dude! Just found this. Being the lefty that I am, I should be able to disagree with a lot but so far only your self-description...It says you are middle-aged...not so! You maybe upper-middle-young....but not middle...
Unknown said…
Dude! Just found this. Being the lefty that I am, I should be able to disagree with a lot but so far only your self-description...It says you are middle-aged...not so! You maybe upper-middle-young....but not middle...
Unknown said…
Thanks Ed: But I'm now really not even qualified to call myself middle aged...AARP is after me for a membership...

Popular posts from this blog

Stimulus Plan

Mr. President: The House stimulus bill is awful. Dangerous. Counter-productive. It has a very high probability of making things worse!. Your man Rahm Emanuel is supposed to be a tough guy: turn him loose on the House Dems - they are selling you down the river. Some simple tests: the spending will improve long-term productivity; the spending will reduce our dependence on foreign oil, and the spending will happen fast; very, very fast. There may need to be some legislation to enable spending without years of environmental review. For example, spending on wind farms would improve long-run productivity and reduce dependence on foreign oil. But let's say the wind farm is a couple of miles offshore. You can't have environmental groups stopping the development to see if some fish will be harmed. This spending has to happen now. And, no tax cuts with the possible exception of AMT. People aren't going to spend any tax savings; they are going to pay their credit card bills or r...

No Steve No

To:Bill Gates and Steve Ballmer: Please, please don't spend my money on Yahoo. Spend $4 billion per year for the next 10 years building something new and better. This has to now be an ego deal, not an economic deal. If you withdraw the bid, YHOO is a $15 stock. You are too smart for this. Many times the best deals are the ones you don't make. This is one of those times. Don't spend my money on this. Sincerely, gene

So Who Wins?

Every recession plants the seeds for economic advantage in the future recovery. In the very tough 1973-1974 recession, prices fell so low that it enabled the creation of the leveraged buyout industry. With many manufacturing companies in particular trading at 3-4 times cash flow, new market entrants like KKR, Forstmann Little and Dyson Kisner Moran came in and created gigantic wealth for themselves and early investors. In the 1991-1992 downturn, engendered in part by the massive office space overbuilding funded by Savings and Loans (Resolution Trust Co, anyone?) made it possible for telcom and internet start-ups in Austin, San Jose, Northern VA, Boston's Route 128, Dallas, etc. to rent offices at a fraction of the cost had those communities not been overbuilt. And the 2001-02 downturn gave us cheap fiber and bandwidth, and bargain-priced software to feed productivity gains in corporations everywhere. So, where is the upside? At this moment, all that I can project with some confid...