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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