POST-ELECTION MUSINGS
By Bill Dunn
Random thoughts on the
recent election…
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During the campaign,
everyone complained about the negative political
commercials. But there is only one reason candidates
resort to nasty character assassination: it works! If
voters would say, “The minute I see a candidate run a
negative ad, I vow to vote AGAINST him or her,” then all
the mud-slinging would stop in an instant. Don’t hold your
breath waiting for this to happen. The problem is not
them, it’s us.
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Politicians may be vain
and arrogant, but they’re not stupid. They are faced with
a simple situation: if they promise to take money from
some people and give it to voters in the form of spending
programs, then they win elections. If they promise to
govern based solely on the Constitution rather than on the
concept of wealth redistribution, then they lose
elections. So when it’s all said and done, we the people
of the United States have precisely the government we
deserve. Everyone in this country wants the government to
be fiscally responsible, but NO ONE wants to give up a
single nickel of his or her benefits and entitlements.
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Here’s my short-term
prediction now that the Republicans have regained control
of the U.S. House of Representatives: First, liberal
politicians, assisted greatly by the mainstream media,
will scream relentlessly about all the people being hurt
by the heartless, nasty conservatives and their “draconian
cuts.” These charges will be leveled at Republicans
regardless of whether government spending on social
programs actually decreases or not. We know this will be
the preferred tactic because it has been used effectively
in the past. Next, the conservatives politicians will cave
in because they won’t be able to stand being called
“heartless.” Deficit spending will continue unchecked,
just like it did under George W. Bush. Soon after, the
conservative base will get discouraged at the lack of
fiscal sanity, while the liberal base will be energized.
Finally, the Democrats will win big in 2012. The
Republicans, always slow to catch on, will realize voters
did not vote specifically for them in 2010, but rather,
they voted against incumbents. Being the incumbents during
2012, the GOP will take it on the chin. An era of
anti-incumbency see-sawing may be the norm for many
election cycles to come (except in the Socialist Republic
of Connecticut, where Democrats always win).
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Here’s my long-term
prediction now that a large majority of the population is
dependent on the government. (For the gory details, see
this paper’s Sunday editorial of October 31st—truly a
Halloween fright—which chronicled approximately 200
million citizens who receive regular government salaries,
health benefits, and/or entitlements.) I predict deficit
spending will continue to spiral out of control, boosted
by the federal government coming to the rescue of bankrupt
states, including, of course, Connecticut. The feds will
assume liability for all the over-promised and
under-funded state pensions, and print up out of thin air
a couple more trillion dollars every six months or so.
Meanwhile, the real estate market finally will stabilize,
thereby no longer exerting negative influence on the
inflation rate. At this point, our out-of-control debt
will cause inflation to skyrocket, and people will long
for the good old days of Jimmy Carter, when inflation was
only 18-percent. It’s called monetizing the debt. Do a
Google search on the German Weimar Republic in the 1920s,
and be afraid, be very afraid.
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And my final random
thought about the just-concluded elections: Hey Linda,
please clean up your signs!
(Note for those not
familiar with Connecticut: "Linda" refers to Linda
McMahon, former professional wrestling CEO who ran for the
U.S. Senate. She didn't win the election, but she did set
a record for printing more campaign signs than anyone in
history. Her printing presses were running ALMOST as fast
as the U.S. Treasury's.)
©2010 |