Would a Divided Government, At This Time, Resolve Our Challenges?
Under normal economic conditions, I would agree that a divided Congress works best for the country as it modifies the extremes of both parties, thereby guaranteeing policies that work best of the populace and for business. However, we are not in normal economic conditions. Yes, the country needs a Congress in which the extremes of the majority is moderated by the minority. But right now, it appears that partisan politics is playing a larger role than is good for the country.
As a result of our “global competition deficit” which has been fostered by both parties,
-we have a tax system that requires a major overhaul to foster increased global competitiveness;
-a financial system that is still out of control and fails to understand its role in society and business;
– a health care system, regardless of the new ACA, that still eats up 17% of GDP, hampering business;
-$500 Billion/yr in tax payer subsidies to legacy highly profitable corporations and industry sectors at the expense of new businesses;
-a continuing decline of the manufacturing sector within the US which prohibits non-college graduates from obtaining jobs and participating in the growth of the economy;
-a decline in infrastructure that is not only physically dangerous but also greatly reduces global business competitiveness;
-an educational system that has been in decline (the US ranks lower than Kurdistan and something like 11th in innovation and R&D);
-an inequality of income between the top 1% and the vast majority of the middle class that makes the conditions prior to the French Revolution appear on par with now;
– and an inability to foster new businesses to meet the needs of the 21st Century and global climate change.
Gridlock will not solve these problems. Two years of Congress playing “Is it Constitutional?” or not will not put the American people back to work, increase tax revenues, rebuild the middle class, or solve our fiscal problems or global competitiveness. What most probably will occur, as a result of all the ideologically-speaking odd TEA party candidates being voted into office, is an accelerated stagnation of the economy and loss of global competition.
If Republican had put forth serious minded candidates, rather than ideological extremes, then I would have greater confidence in a divided government as a divided government often improves policy. In this particular case, I do not have that confidence, regardless of whether or not Obama wins in 2012…because Obama winning in 2012 is the least of my concerns.
My concern is our nation and our people in a world in which global competition can make or break an economy. I do not see, at present, Republicans being serious about this threat to our national economy.