Thursday, November 8, 2012

Of the American Revolution and the Counterrevolution

One of the comments that I have heard following this year’s national election is that it did not settle much.  Barack Obama was president before the election and he will now be president for another term.  The Democrats held a small majority in the Senate before the election, and they will have a small majority in the Senate afterwards.  The Republicans controlled the House of Representatives before the election, and they will control the House in the next Congress.

I acknowledge the point and the extent of its validity, but I am careful not to overvalue it.  This time was different, if not yet different enough. 

The reigning governing system is nearing its end.  Barack Obama and his companions embody in the 21st Century the old wizening counterrevolution in America begun by Franklin Delano Roosevelt, now well into its senility.  The FDR counterrevolution has been the prevailing doctrine of governing in the United States since the (aptly named) Depression.  Even Republican presidents—with the exception to some degree of President Reagan—have governed within the terms and context of the FDR counter-American revolution, rarely taking issue with its basic theme of government as the ultimate source of solution to people's problems.

I like the analogy that Senator Phil Gramm used to offer in illustration of how Republicans get co-opted into the FDR approach.  Imagine, he would say, a great big piece of paper blown by the wind getting caught on the top of the dome of the U.S. Capitol, blocking out all sunlight below.  The typical solution from the Democrats would be to create an artificial sun inside of the dome to illuminate the room.  The typical Republican response has been to argue for a smaller artificial sun, one involving the private sector.  The real solution—seldom mentioned—is to remove the big piece of paper.

Today, the great piece of paper to be removed is the fundamental contradiction that lies at the heart of the FDR welfare state:  robbing Peter to pay for Paul’s votes.  For over 70 years Democrats and Republicans alike have been bidding against each other to gain Paul’s support, until the day is at last in sight when there will not be enough left to take from Peter to honor the promises to Paul.  The looming national fiscal crisis in over-promised Social Security, Medicare, and a host of government give-away programs is at last acknowledged by the public, even if its full import remains for most hard to grasp as real.  Still, more and more people suspect that all this has about played out.

Against much public vilification by the media propagandists, some are challenging the FDR counterrevolution, getting outside of the context of the tired debate that for decades characterized the contest between Democrats and Republicans.  They are explaining that government cannot create wealth, and redistributing wealth destroys it.  Defeating Barack Obama and his FDR policies this year would have been an important milestone, because more than any other recent president Obama fully embodied the FDR approach to governing, and more than any other presidency its abuses have been apparent.  At the same time, more than any time in the past 70 years political leaders and would-be political leaders have been challenging the FDR counterrevolution.  Mitt Romney chose one of those leaders, Paul Ryan, to be the Republican candidate for vice president.

In the event, we fell short, but we made progress.  As I said, this time was different.  To begin with, President Obama’s margin of victory was materially smaller than four years ago, 50%-48% of the vote in 2012, while in 2008 it was 53%-46%.  Similar narrowed margins were the pattern in the various states.  Moreover, notably few other Democrats were able to sail to electoral victory in Obama’s wake.  In 2008 along with President Obama 7 more Democrat Senators were elected and 20 more members of the House of Representatives.  Four years later it looks like Democrats will pick up only 2 Senate seats and 4 seats in the House.  In all respects, a very narrow victory.  Mitt Romney came close to being elected president, a point that media propagandists have been busily trying to bury in their efforts to make it feel like Obama won in a landslide with a mandate to continue on with his policies of impoverishment.

What the election has not changed are those policies.  President Obama’s economic program is just as much a failure today as it was before the election.  The vote on November 6 did not make it any better.  Neither have the problems changed, except that they continue to grow.  With each day, the federal deficit and federal debt deepen and America’s ability to manage that debt declines.  Each day brings us nearer to the day when we as a nation will be unable to pay that debt.  Economic performance as a nation remains weak and wobbly, while Administration apologists preach that weak is the new normal for the United States of America.

Governing will prove even more difficult for President Obama.  At least now he can truthfully blame the previous administration, the Obama first term administration.  He spent those years avoiding the most significant problems, pushing them off until after November 6, 2012, while creating new ones with his healthcare, regulatory, energy, and environmental policies.  The problems are a gathering storm.  There is not enough money left to run the welfare state, and the willingness of investors—foreign and domestic—to lend Uncle Sam money to pay for it is four years closer to an end. 

Foreign policy does not look very good either.  National weakness, economic or military, is provocative.  It encourages those who mean us harm.  Iran is heading toward crisis, without a comprehensible U.S. policy to deal with an unstable violent regime approaching the production stage of a nuclear arsenal.  The unanswered, mishandled, and covered up failures against the terrorist attack on the U.S. mission in Benghazi, Libya, will invite others.  With dread we await the realization of what President Obama meant when he told the Russians that he would have more “flexibility” after the election.

I acknowledge and applaud those who worked so hard to bring an end to a misrule that now will continue to inflict hardship on the nation and the people.  We came close to turning back the FDR counter-American Revolution in its naked manifestation.  We all need to keep on working for something a lot better, to restore the American revolution of 1776.  We are gaining ground.

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