Tuesday, June 14, 2016

Better Than a Stick in the Eye

“Better than a stick in the eye” means an outcome is not very good but it is better than getting something much worse. No one wants to get a stick in the eye. Logic dictates that we try to do better than the stick but right now it appears that we’d rather have the stick. 

No I have not emptied another bottle of JD. I am thinking about economic policy and the coming presidential election. Now that Hillary Clinton seems even more likely to be the Democratic candidate the barbs are flying between her and Donald Trump. He is dangerous and incoherent; she is immoral and corrupt. Your mother wears combat boots. Your father is dumber than Papa Q. Bear (of the Berenstain Bears).  

I am hoping that somewhere down the line these two candidates will actually talk about policy but I am also hoping that the JD genie delivers a case to my front door. The question is not why these two people prefer to shout at each other. The question is why we voters put up with it.

Why are we so entertained or enamored by rude, colorful language in the people who say they want to be President of the USA? Will they continue this when in office? Will Hillary decry that her pecs are bigger than Putin’s? Will the Donald say his hands are larger than Dolly Parton’s?

The last time I looked US economic growth was lackluster, capital spending is literally falling, and the Fed decided to put off returning to a normal policy regime because the economy appears too fragile to withstand a 0.15 increase in the federal funds rate. You would think that these candidates would be seriously debating what to do about falling labor productivity, workers leaving the labor force, soaring national debt, and Jason’s new addiction to smoking meats.

Doing all that hard work would be better than a stick in the eye yet we prefer the stick. Why? I guess because we have gotten to the point where answering the real questions is either boring or just too hard. What to do about productivity? Wow, talk about a sleeper. Go down Main Street of your town and ask 50 people what they would do about declining US productivity. Then ask those same people to name 7 types of weed or all the members of the SF Warriors including the names of the managers. I think you see what I mean.

But I think there are enough of us who really care enough to want some real debate. I am going to get in trouble with just about everyone I know for saying the following but I think it is true.

·      Monetary policy might be much too expansionary right now but that policy will always be used by politicians to stimulate a weak economy. Can't we find something in between?
·       Fiscal policy is leading to unsustainable national debts but again, deficit spending is ingrained in national thinking for a weak economy. Is there no middle ground? 
·       Legal abortion is here to stay. We might argue about making it a little easier or harder to get. But it is not going away.
·       China might not abide by all agreed trade rules but it cannot be ignored.
·       Immigrants – legal are not – who have been in this country for decades might deserve a sympathetic ear even as we realize that a country has to protect its borders.
.
I could go on and on but you get the drift. We have serious policy issues and they are not going to be resolved by sticking things in our adversary’s eyes.   We have had enough of that already. For two years the Democrats held a majority and used it. Ever since Republicans have tried to counter everything Democrats did. There is much shouting and accusing and little in the way of governing. If we keep that up for another 8 years, what is going  to happen with all our issues?

Some Democrats say that when they are restored to power they are going to ram all their stuff down our throats. Some Republicans say the same. Finally back in power we Republicans are going to undo everything Obama did.

Really? Is that what governing is supposed to be all about? I don’t think so. I think there are enough of us who think that way so we need to be heard. We can begin by stuffing a bunch of $100 bills in a pillow case and mailing them to me. Okay nevermind that one. But for a start we should stop supporting candidates who won’t debate real issues. We should stop supporting candidates who continue to call each other names. Having real debates about issues is not a lot of fun but it is definitely better than a stick in the eye. 

Perhaps we should threaten a voter's strike. If our current crop of candidates knows that they are going to lose votes from moderates, perhaps they will moderate. Let them fight for moderates by explaining what they are going to do to solve our current economic mess. If they won't and they continue to feed the polar frenzy, then we should make it very clear that we won't vote for the jerks.  Don't they have something to gain by retaining and attracting moderates?  What happens if the moderates organize a revolt?  

Do you have a better idea? Naw. You Ds fear Trump so much that you'll stick with candidates who appear more reasonable yet haven't said one sensible thing about solving our economic problems. You Rs will let Trump say anything because you think Hillary will name the wrong people to the Supreme Court or will be pushed to support liberal causes. And while you do all that people drop out of the labor force, banks and firms sit on their resources, and productivity gets lower than a limbo stick in Nassau. If we don't demand sensible policies then the polar extremes will continue to destroy this country. Whew, I need a large ice cube and a cold glass. 

17 comments:

  1. Does anyone understand the part of a line graph called an inflection point. If not you better learn about it because we are there...socially, economically....but not technically...although I may reconsider the last one since my cable company replace my router for i-net and wi-fi with an analog one? Did he get it at an antique store? It has since been replaced again with a digital one....for those who care.

    ReplyDelete
    Replies
    1. Are you saying that we have peaked as a nation and our candidates reflect our downward trajectory?

      Delete
    2. Yes....good leadership does not want to take part in the free for all mess our political community has entered and seems to enjoy. Cause and effect...that simple.

      Delete
    3. Good leadership does not stand a chance in a society that has peaked. Only fakers and snake oil salesmen will succeed. The middle could take it back or resist it but alas they are too busy doing other things.

      Delete
  2. Dear LSD. Mr. Gibson’s point of having reached an inflection point is, well, poignant. The USofA has moved too far left, mores and values have diluted to the point where it’s OK to drop out of school, take jail time rather than exams, maim/kill cops, depend more on govomit for help rather than yourself, disdain competition in both school and business, social promotion rather than earned promotion, failure to enforce laws, litigate rather than negotiate, etc. Cultural, societal, and govomital breakdown.

    A recent article in Bloomberg Biz Week reported UAW’s attempt to organize student assistants (with their support/advocacy) at Ivy League schools. Ironically, the professorial ranks and those schools’ administrators oppose it, saying “. . . . that collective bargaining would threaten faculty authority over educational decisions involving undergrads as well as teaching assistants.” I guess the profs and admins want unfettered control over their liberal agenda—that’s like the pot fighting the kettle over which can be most black. I recall vaguely that Communists way back when stated they needed to infiltrate academia in their march to command and control. So far they’ve succeed with Communist-lite in their liberal agendas in academic and the media.

    The US’s lurch to the left is moving according the Commy’s grand plan and per Mr. Gibson’s point I think we’re accelerating that move by being too lenient with elected pols and electing too many who sympathize with continued weakening of mores, values, and law enforcement/punishment. I think demanding sensible (like beauty, that depends on the eye of the beholder) policies will cause the left to dig their heels further into the political turf—it’d be pointless to point the left toward sensibility.

    No one lets Trump say what he wants; he says what he likes and many like what he says. Let him offend folks’ sensibilities—makes sense to me.

    Pulling the red lever is our last great act of desperation.

    ReplyDelete
    Replies
    1. Thanks Tuna. But I hope you are not counting on Trump to fix all those things you mentioned...and not cause the left to dig in their heels. I would just like some one to pay attention to the economy. Seems to me that is something we could find agreement on.

      Delete
    2. Dear LSD. Nope, I’m not counting on Trump to fix those . . . . I mention them only to exemplify the downward trajectory you mentioned. The multitude of causes are as much cultural/societal as political/legislative; but the former has been worsened by the latter—unintended consequences of too much leftist feel-good/do-good/knee-jerk intentions presumed to cure/rehabilitate folks’ tendencies to make bone-headed decisions and behave non-productively.

      A Trump POTUS will cause the left to dig their heels in as would a Billary POTUS cause the Rs to do the same. The Ds will not agree to anything Trump would propose to strengthen the economy and create yobs—unless it involves major infrastructure, which the unions would accept. The left certainly would oppose major changes/reductions in big entitlement programs, Obummercare, edukation, military, tax code, regs, etc. all of which would lessen Obummer’s waterboarding of the economy.

      Certainly a Trump POTUS that improves the econ/yobs would quell many of the gripes et al the left espouse—putting $$$ in folks’ pockets always tends to mak’m happy.

      Delete
    3. Nice reply...makes sense. Trouble is that I don't trust Trump or Hillary to push for things that the middle might think are logical steps to improve the economy. That's why the only path to sanity comes if the great middle of the political spectrum were to puts its big size 13 down and say enough of this crap. We aren't voting for either of you until you start pushing for growth. Let the left and right disagree on the best path to growth...but let's at least put growth on the front burner. Okay, it's time for my nap. This stuff is exhausting.

      Delete
    4. Pleasant dreams . . . . of ice cubes dancing/bobbing in JD.

      Delete
    5. This comment has been removed by the author.

      Delete
  3. People tend to yawn when candidates talk about economic issues. The "mind-numbed by reality TV" people would rather hear the hot-button, reality TV crap.

    ReplyDelete
    Replies
    1. So true. I was sort of hoping that a revolt by those in the middle might be able to compete for attention with the reality TV lovers.

      Delete
    2. I'm afraid that those "in the middle" are watching Survivor more than they watch the economy...those who have stopped looking for employment.

      Delete
    3. I guess if they sit on their butts they deserve what they get.

      Delete