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Mitchell Bard

Mitchell Bard

Posted: July 16, 2010 10:28 AM

As the partisan cable networks breathlessly discuss what will happen in the midterm elections in November, there is much talk about how Americans are angry and, as a result, the Republicans are set for major gains in Congress. But the connection between these two assertions -- Americans' dissatisfaction and GOP success -- strikes me as incredibly lazy, both by the media and the voters.

Nowhere is this disconnect more clear than in the financial regulation battle, which finally concluded with a bill passing the Senate yesterday.

Americans have every right to be angry. Oil has been spewing into the Gulf of Mexico for nearly three months (hopefully, it's finally been contained). Islamic extremists seek to kill Americans. We have such a muddy immigration situation, that, no matter which side of the ideological fence you sit on (pun intended), you can't be happy with the way things currently operate.

But the main point of anger is the economy. The official unemployment rate is hovering around 10 percent (with millions more not counted because they've given up on looking for a job). People are concerned about their ability to pay their bills and see an unfair system that rewards Wall Street's reckless risks while punishing middle class workers.

But if Americans want to assess blame for these woes, and if they want to choose who should help get us out of these messes, they have an obligation in a democracy to make an effort to really look at the issues before making a decision. And the media, likewise, has an obligation to sort through these complicated issues more carefully.

If the Republican campaign message for 2010 was something like, "Yes, we know that we caused all these problems in the Bush years, but we've learned our lesson, and now we are offering these new ideas to fix things in the future," I would understand (if not agree with) the equating of the problems with Republican gains. But that's not what the Republicans are offering. Rather, the GOP campaign message for 2010 is essentially the same message as the Bush years, only more militant (and more wacky, thanks to the Angle-Paul tea party influence). Their pitch is built around deregulation, lower taxes for the rich, and less government, the very things that got us into this mess in the first place.

The Republican congressional record for the Obama years consists of opposing any initiative the president offered (in an effort to make him look ineffectual), even if he proposed something the GOP itself had supported earlier, and to offer as solutions the same tired policies from the Bush years (tax cuts, even if they add to the deficit, as Sen. Jon Kyl suggested). That shouldn't be a winning election argument. But with incendiary rhetoric and right-wing-propaganda-machine-fueled lies taking center stage, the focus for the midterms hasn't been on the facts (how we got here and what the two parties have offered since).

In fact, the Republicans have been at the heart of the causes of these problems, and they have offered little other than the same policies as solutions.

Which brings us back to financial regulation, an issue directly tied to the current economic problems. We did not magically morph from prosperity to recession. Rather, the current recession and massive job loss began with the near collapse of the financial system in 2008. Wall Street played a win-lose game (they won no matter what, but we all lost) with risky financial instruments. The housing market collapsed under the weight of subprime mortgages. So the deregulation trumpeted by Republicans caused this mess, and yet the party still touts deregulation.

Certainly, Americans should be angry. And it would seem obvious that action was needed. Nevertheless, all but three Republicans in the Senate didn't think so. Given a choice of standing with the banks or the American people, the Republicans announced their allegiance loud and clear: It is the party of the financial institutions.

So what is the Republican solution to our economic woes? Based on the actions of their leaders, it seems to be to blame the victims, cut taxes and protect the banks. Not only have Republicans opposed extending unemployment benefits, they have tried to blame the unemployed for their plight, particularly cruel since it was their policies that put them out of work in the first place. Arthur Delaney pointed out two examples in HuffPost last week: Sen. John Kyl said unemployment benefits provide a disincentive for the unemployed to seek work, and Sen. Judd Gregg claimed that unemployment insurance encourages the unemployed to stay out of work. (Again, Kyl won't support adding to the deficit for unemployment insurance, but he is fine with doing so for tax cuts for the wealthy.)

Republicans have used increasing government debt as a pro-GOP argument. Generally, it is, of course, better for the government not to run large deficits. But the Republican argument ignores history and is overly simplistic. After all, Bill Clinton handed a surplus to George W. Bush, who proceeded to leave Obama with a gaping deficit. Republicans were happy to run up debt in the 2000s on tax cuts for the rich and the wars in Iraq and Afghanistan, none of which were paid for. But now that the tens of millions of Americans face unemployment, these same GOP leaders complain about the deficit and say we can't afford any programs to help. How is it that we could afford to spend when it was for tax cuts (and still can, according to Kyl), but not to help those hurt by the Republican-policy-induced recession?

Two polls released on Tuesday showed that Americans care more about unemployment than the deficit. Which party is more concerned with each of those issues? So why should the anger translate to GOP votes? It shouldn't.

In general, Republican policies precipitated the recession, and the party's solutions are to offer more of the same. And when it came to deciding who to stand up for, the Republicans attacked the unemployed and stood with the banks. Americans' anger is legitimate, but directing that anger by giving power back to the GOP is misplaced. The connection makes no sense.

(You could run the same arguments for the oil disaster, immigration and terrorism, showing the Republican culpability and the lack of new solutions offered by the GOP to address the problems.)

I harbor no illusions that Obama and the Democratic Congress are above critique. But I'm saddened that there seems to be no recognition that most of the messes we find ourselves in were created, by and large, by the policies instituted by Bush and his Republican allies in Congress, and that the Republicans are offering those very same policies as the solution in the current campaign. It seems to me handing the reins back to the people who created the problems in the first place (and, more importantly, are only offering more of the same) is a horrible way to respond to the challenges. I'm further saddened that GOP strategy of obstructing and lying, putting rhetoric in front of facts, seems to be working.

You would think that with an oil disaster ravaging his state's already hurting economy, Sen. David Vitter would have better things to do than vote against financial reform and endorse bogus "birther" lawsuits against the president. But this is the essence of the Republican party in 2010.

 

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01:56 PM on 08/06/2010
My question is what happens if The Republicans get voted
back in, and they fair no better or even worse at creating jobs (how could they possibly create
jobs, when they prefer to send what remaining few "fair to good" paying jobs left in this country
overseas also at the pleasure of ceo managers!), what if they choose to not care alot about
the people struggling for finances in the gulf, what about the long term plan for clean up?
What if they make 85% of their agenda on tax cuts for wealthy people AGAIN? Where are
there plans? There're hardly to none, ever mentioned out or in video print, or disscussed on the
Sunday Talks. Their talking points are "No"! In Other Words America, WHAT DO WE DO IF"
WE PUT THEM BACK IN, AND NOTHING OF ANY SUBSTANCE HAPPENS (JOBS, THE COSTS OF
FOOD, HEALTHCARE, GASOLINE, BACK-TO-SCHOOL SUPPLIES,NO MOVEMENT ON
BANK SAVINGS/CD INTEREST RATES/401KS, SOCIAL SECURITY, HAVE
PEOPLE WORKING TO AGE 78"?????
THEY PICK ANOTHER COUNTRY TO GO TO WAR??????????? WHAT DO WE DO NEXT? BEYOND THE REPUBLICAN PARTY SAYING......."NO &
TAX CUTS FOR THEMSELVES, & LIMBAUGH,BECK PALIN, AND THEIR
INFAMOUS.... "IT'S THE BROWN/BLACK/ASIAN PEOPLE"... WHERE IS THEIR
PLAN????? I NEED FOOD, RENT MONEY, MEDICINE, ECT........, A $14.00
AN HOUR JOB, TO BE ABLE TO AFFORD THESE BASIC EVERY DAY
NEEDS. THE SAME NEEDS, THE "BROWN/BLACK/ASIAN PEOPLE
NEED TOO! 'FIXTURES, JOB CREATION, SOLUTIONS,ACTION'" PLANS ANYBODY????
HUFFPOST SUPER USER
fourbrrl
10:11 AM on 07/21/2010
The SICK issue is....will the DEMS do anything better FOR US ??
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AlteSoldier
Micro This....Micro That....
04:43 AM on 07/20/2010
The question is, Do you think the Republicain's "Do nothing" policy is destroying the United States?
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MysticInd
03:16 AM on 07/20/2010
"Rather, the current recession and massive job loss began with the near collapse of the financial system in 2008. Wall Street played a win-lose game (they won no matter what, but we all lost) with risky financial instruments. " And please don't forget those risky financial instruments are not gone by any stretch of the imagination...
Good article; you almost lost me a couple of times; especially saying the media doesn't delve into the situation; unfortunately for us, there isn't any investigative journalism except what you find on the internet; and eventually they will black ball with restricted access...oh woa is me and all of us.
02:59 AM on 07/20/2010
The Meet the Press message from the Republicans was they are not going to be specific about anything - so no one can pin them down and attack the solutions as self serving / greedy / and anti people - pro corporate --- they want to win with corporate paid ads against the general country condition - then they will gut Social Ssecurity / amedicaid / Unemploymentg ebenfits / enrironmental protection and give away the country to the top 1%

its a strategic plan not lack of responsiveness - Gregory should have said that
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HUFFPOST SUPER USER
powercosmic
The Anti-Christ
02:01 AM on 07/20/2010
You may be right but NEVER underestimate the STUPIDITY of the American voter.

Some 72% of Americans believe that some guy named Jesus was the "Son of God" is going to greet them in heaven and that all this vast universe is some grand "test" of their goodness.

Look, we're too f--ked up for me to give a sh?t.
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MysticInd
03:18 AM on 07/20/2010
But you do give a sh?t, and thanks for your comment....
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mcartri
12:19 AM on 07/20/2010
There is no Republican Party anymore. The party Lincoln help form is now a mirage. A group of corporate owned thugs are stealing the nation blind, while McCain's special gift to his country-Sarah Palin- Tweets her ignorance daily. The propaganda arm of the thugs is Fox News. Their leader is a white $10,000,000 a year entertainer-Bigot Limbaugh. We have a nation on fire & the thugs are throwing gasoline on it, asking the uninformed, the lied to & underinformed voters to pass them more gasoline. Has this "Christian Nation" ever been less Christian since it tried to wipe the Indians from the face of their lands?
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Moonspirit48
Happy to be alive ...
10:56 PM on 07/19/2010
No wonder you have only one fan. You are name calling and insulting. You are the one who has nothing to say here.
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gfs5541
06:21 PM on 07/19/2010
Beck is going blind, Beck is going blind, Beck is going blind, Beck is going blind, Beck is going blind . . .
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paparandy
Power to the People! Right On!
06:23 PM on 07/19/2010
Too bad he's not going mute too.
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gfs5541
06:25 PM on 07/19/2010
No, unfortunately.
06:29 PM on 07/19/2010
As the saying goes--none are as blind as those who can't see! (In other words, he's already blind...)
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paparandy
Power to the People! Right On!
02:23 PM on 07/19/2010
What everyone is forgetting is that the Republican'ts have one agenda, and one agenda only, to get back the power that they lost in the 2006 and 2008 elections. They don't care how many lies they have to tell, how many people they have to walk over and hurt, to get that power back! They are like a spoiled child who refuses to play the game after he has lost, no matter how much you compromise and plead, until he is in control of the game again.

Remember, this is the party that tried to sell us the BS that Sarah Palin was THE most qualified candidate they could find for Vice President. They wer looking for a counter to Hillary Clinton, and what we got was a dumbed down version. Even many Republican'ts didn't fall for this. Now Some Republican'ts and the Teabaggers are trying to push her for President! Did I miss something? Did she take a side trip to Oz and find a brain? Did she suddenly get some national policy experience that no one knows about? What a bunch...LMAO!
05:41 PM on 07/19/2010
What a surprise, democrats name calling and mudslinging. Do you realize your behavior is like a little child in the school yard who is having a tantrum. I am sure you think this is funny, as a child would. Is your point by this post to change minds or just to be silly? Then we should agree you have nothing important to say here.
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paparandy
Power to the People! Right On!
06:04 PM on 07/19/2010
What a surprise, a Repug can't handle the truth. What "name" did I call anyone? It was a comparison, you should really learn the difference. Can you dispute what I said about Palin? Or you one of those, who think she was qualified to be a heartbeat away from the Presidency? Arguing with you is pointless,, your name says it all, unfortunately. I do agree that YOU have nothing important to say here. You can't even come up with an original idea, you had to steal my comparison.
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Moonspirit48
Happy to be alive ...
11:05 PM on 07/19/2010
No wonder you have only one fan. You are name calling and insulting. You are the one who has nothing important to say here. You may have thrived under Reagan, but many people did not. The last great Republican president was Dwight Eisenhower and he taxed the wealthy a whopping 90% and the wealthy accepted it! I wish you would learn your history before you attack people on HuffPost.
HUFFPOST SUPER USER
Publius67
11:21 PM on 07/19/2010
The GOP has been doing their best to destroy this country since 1980, and now they want to give us more of the same...and seemingly millions are foolish enough or have somehow forgotten in the space of 18 months just who put them in the fire while lining overstuffed wallets yet further.
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rickroland
Two Parties, Same Crap
02:22 PM on 07/19/2010
How would "commenting on a blog change who I blame" exactly?

I have, and always have, for the 30 years I have been politically active, been blaming those that have been responsible for these messes: Dems *and* Reps. History shows that truth of it. /shrug

The voting public expect that their elected representatives (regardless of party affiliation) do a responsible job of running the country, abide by their oaths of office, etc. You blame the voters for the actions and greed manifested by their representatives, if I am reading it right.

So, tell me, how are "the voters" supposed to separate out the "greedy creeps who make more money from lobbyists and special interest groups than they make by PRETENDING to legislate" from other politicians? I must point out, unfortunately with President Obama, that he promised not to have lobbyists working in his Administration, but that promise was very quickly broken, and now has been numerous times.

So, tell me, were the voters to blame for Obama breaking his promise here?

I am truly concerned about the future generation's debt, and have been, again, for the 30 years I have been politically active, and I did and have spoken up directly to my representatives and senators (and other politicians) many times, over the years. So, you must be referring to someone(s) else.

By the way, who is "you people", specifically?
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stevendedalus3
12:26 PM on 07/19/2010
"In fact, the Republicans have been at the heart of the causes of these problems, and they have offered little other than the same policies as solutions." This is the tautology of the new century.
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68Namvet
Sioux, French, German, Jew, American mutt
01:07 PM on 07/19/2010
Exactly - and excellent use of the language - Oh - and fanned
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stevendedalus3
12:11 PM on 07/20/2010
Thanks. Yep, they're still hung up with 19th Century robber barons and descendants at Goldman.
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Moonspirit48
Happy to be alive ...
11:11 PM on 07/19/2010
This is the unfortunate truth. I don't understand why the Repubs don't make themselves look a whole lot better by coming up with some ideas of how to get out of the mess we are in. All they want to do is obstruct. People would listen if they had something constructive to bring to the table. The other thing I don't understand is WHY is Middle Class America even CONSIDERING voting for the Repubs who got us into this mess and have no solution for getting us out? Regardless of Pres Obama's failings, he has had a number of big successes that are being ignored. He's the best we've got and I've yet to see someone decent with guts from the Repub side for Middle Class America to even consider supporting.
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stevendedalus3
12:03 PM on 07/20/2010
They are trapped in back to the future of Bush & Reagan--the poor things can't help themselves.
11:50 AM on 07/19/2010
Mitchell Bard doesn't report, he generalizes. People please don't mistake a columnist piece with fact and news reporting.
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stevendedalus3
12:28 PM on 07/19/2010
Are you capable of making this distinction when viewing FOX?
05:23 PM on 07/19/2010
Ohhhh, are you trying to be funny? What does Fox have to do with Mitchell Bard? It doesn't take a brain surgeon to see Mitchell's scrappy writing.
09:25 AM on 07/19/2010
Funny I watched Meet the Press this weekend. The 2 lead Republicans could still not give anything but Talking Points about what they're going to do if the get control of the House and/or Senate. Even when pressed hard by Gregory, they couldn't produce 1 solution or change they'd make. Finally he got frustrated and just called them on it - which was amazing in just itself.

I'm one of those people - that would consider what they had to say if they just could explain to me what they are willing to do if we re-elect them. But they have nothing but talking points - "Oh we'd cut spending." Well tell me how and what programs you'd do that on. Tell me your plan for the future of this Country. Tell me how cutting taxes and allowing the Bush tax cuts to remain that this cuts the deficit.

What is your plan for unemployment, jobs? Are you going to raise the retirement age, do you want to privatize Social Security? Do you want to repeal Wall Street and Health Care Reform? Give me something more than just talking points dudes!
HUFFPOST SUPER USER
mjc
Avoid printing any..
11:08 AM on 07/19/2010
Thought Gregory did an excellent job TRYING to ge a real answer out of Cronyn and Sessions with absolutely no luck at all as far as Sessions goes. What a total dud he is! Reminded me of some medicine show preacher, totally uninformed EVEN OF HIS OWN PARTY'S "positions".
09:21 PM on 07/18/2010
It was once said, "A nation's people will always get the government it deserves". If the people of the USA are stupid enough to give the country back to the Republican war/money/oil/profit machine, then they are getting JUST what they deserve!
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stevendedalus3
12:30 PM on 07/19/2010
But we're sucked into what we don't deserve.
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Publius67
11:25 PM on 07/19/2010
Just as in 2004, when the British press wondered how 50+ million US voters could be so stupid as to vote for W. I see we have many people who still haven't caught on but instead cheerlead their own destruction.