Monthly Archives: June 2014

Clueless Crew Covering the Capital

Eric Cantor lost to his primary challenger yesterday, so today Punditubbies of the Beltway media are out in full force trying to decipher what it all means.
  After spending years convincing us how President Obama is responsible for everything they don’t like and how everything would be magically better if he just had a dinner date with the Republican leadership,they have suddenly awakened to the disarray among the Republicans. 

I think you deserve a cookie

By two_kittehs (Picture by: dorothyfrancesgoldstein)

 

When will the Villagers also acknowledge the following:

  1. There is no ideological difference between the Tea Party and Republican Party.
  2. Their ideology is based on hate and fear.
  3. Talk radio and Fox News personalities set the political agenda for the GOP
  4. You cannot compromise with nihilists who shut down the government and want to default on the debt
  5. Immigration reform is dead and so is any other meaningful legislative action until the make-up of the House changes.
  6. Last but not the least, both sides don’t do it.

I am not holding my breath.

ETA: As far as I know none of the major news media outlets had any idea that this would happen. How seriously should one take them when they don’t know what is happening in their own backyard.

Meet the New Right, Same As the Old Right

In a column full of platitudes and assertions without evidence, David Brooks does what he does best; confuses the issue with lies, obfuscation and intellectual sounding gibberish. The issue at hand is  income inequality and the solutions as suggested by self identified conservative thinkers.

Kitteh has a skeptical

Skeptical Cat

By two_kittehs

Conservatives generally believe that capitalism is a machine that cures itself. Therefore, people on the right have been slow to recognize the deep structural problems that are making life harder in the new economy — that are leading to stagnant social mobility, widening inequality and pervasive insecurity.

Why the crocodile tears? Isn’t this economy where only the people at the very top of the economic ladder  benefit, something that David Brooks and his friends have always wanted? By the very top, I mean your Romneys and Gateses and Waltons and hedge fund managers, not your doctors and lawyers and other professionals. Don’t take my word for it see the legislation they have passed over the years. It is a win-win situation, their friends make out like bandits while the pervasive insecurity keeps 99.99% in check and subservient.

But some conservatives have begun to face these issues head on. These reform conservatives have now published a policy-laden manifesto called “Room to Grow,” which is the most coherent and compelling policy agenda the American right has produced this century.

Translation: Some conservative think tankers have finally come up with something I can sell, in my NYT column and my Newshour appearances. More BS, but packaged nicely.

Some highlights from the column:

In the first essay of the book, Peter Wehner moves beyond the ruinous Republican view that the country is divided between hearty entrepreneurs and parasitic “takers.” Like most reform conservatives, he shifts attention sympathetically to the struggling working and middle classes. He grapples with the fact, uncomfortable for conservatives, that the odds of escaping poverty are about half as high in the United States as in more mobile countries like Denmark.

One conservative “intellectual” finally accepts that the sky is blue, break out the champagne.

Yuval Levin argues that conservatives have tacitly accepted the 20th-century welfare state; they just want less of it. To respond to the economy’s structural woes, he continues, conservatives will have to change not only the size of the government but its nature.

Bad government is bad, it has gotten too big. BTW what does he mean by changing the nature of the government, what exactly is Levin advocating? Dictatorship? No safety net for you or the vote for that matter. More sweeping generalizations follow from Levin:

“The left’s ideal approach,” Levin writes, “is to put enormous faith in the knowledge of experts in the center and empower them to address the problem.” The right’s ideal approach, he continues, “is to put some modest faith in the knowledge of the people on the ground and empower them to try ways of addressing the problem incrementally.”

Peppered with intellectual sounding gibberish;

Liberals emphasize individuals and the state, Levin argues. Conservatives should funnel resources to nurture the civic institutions in between. They should set up decentralized initiatives that rely on local knowledge and allow for a more dynamic process of experimentation.

 

Of course solution to all these woes is more decentralization, as per the leading lights of the rightwing economic thought:

 

Under these and other proposals, the government would address middle-class economic security by devolving power down to households and local governments. This is both to the left of the current Tea Party agenda (more public activism) and also to the right (more fundamental reform). The agenda is a great start but underestimates a few realities. First, the authors underestimate the consequences of declining social capital.

Brooks ends the column by playing the reasonable conservative, he first scolds the conservatives, and then makes nice with them by writing about the “nanny state”.

Today, millions of Americans are behaving in ways that make no economic sense: dropping out of school, having children out of wedlock. They do so because the social guardrails that used to guide behavior have dissolved. Giving people in these circumstances tax credits is not going to lead to long-term thinking. Putting more risk into vulnerable people’s lives may not make them happier.

The nanny state may have drained civil society, but simply removing the nanny state will not restore it. There have to be programs that encourage local paternalism: early education programs with wraparound services to reinforce parenting skills, social entrepreneurship funds to reweave community, paternalistic welfare rules to encourage work.

I would like to know what exactly does Brooks mean by the nanny state? Drained the civil society of what exactly? Does Brooks want so see dire poverty and income disparity, like in emerging economies?

More gibberish from Brooks follows:

Second, conservatives should not be naïve about sin. We are moving from a world dominated by big cross-class organizations, like public bureaucracies, corporations and unions, toward a world dominated by clusters of networked power. These clusters — Wall Street, Washington, big agriculture, big energy, big universities — are dominated by interlocking elites who create self-serving arrangements for themselves. Society is split between those bred into these networks and those who are not. Moreover, the U.S. economy is increasingly competing against autocratic economies, which play by their own self-serving rules.

Sometimes government is going to have to be active to disrupt local oligarchies and global autocracies by fomenting creative destruction — by insisting on dynamic immigration policies, by pumping money into research, by creating urban environments that nurture innovation, by spending money to give those outside the clusters new paths to rise.

I’d say the reform conservatives are still a little too Jeffersonian. They have a bit too much faith in the magic of decentralization. Some decentralized reforms do nurture personal responsibility and community flourishing. But as Alexander Hamilton (and Margaret Thatcher) understood, sometimes decentralization needs to be complemented with energetic national policies, to disrupt local oligarchies, self-serving arrangements and gradual national decline.

Can someone please translate that from Brookese to English?

Since the Reagan revolution, government  policies have favored capital over labor, so people with lots of capital to begin with have been doing very well. I have one modest proposal, tax investment income at the same rate as income from wages.  If you want to change the system, change the incentives. Only then will the outcomes will change. It is really not that difficult.

Caturday Kitteh is Exhausted

Back at the home base with my kittehs but still a bit jet lagged and tired. I had a wonderful time in India but it is good to be back.

hA8E4A3CC

By two_kittehs