And what about those people who don't make enough money for those lower taxes to mean much to them? For the people that maybe don't even make enough to pay taxes? With such a low tax-take, where will the money be for programmes to support the poor to get out of poverty? Obama's plan is to reorganise taxation so that the highest earners pay more tax. That's how you trickle shit down.
How about health care? Who is going to pay for health care? The under-resourced public school systems? The Federal School Lunch/Breakfast programmes, which for some of the poorest kids, is their only proper meal of the day? For Head Start programmes, to help make up some of the huge gaps in early childhood education? For caring for the elderly?
You can't budget long-term for vital programmes based on the fickleness of the private consumer.
That tax cut plan has actually never worked in reality. It's helped boost the people who already had a boost, but it's never helped the people at the bottom of the ladder. If anything, it's made a lot of people even more vulnerable than they otherwise would be.
It was Reagan's plan, and it was the final nail in the coffin of the working class in America, who, while never prosperous, were able to look after themselves and their families until he came along with his pathetic little trickle. It didn't work. At the end of his presidency, we had a major recession, which was continued through Bush's term, and only was relieved under Clinton. Clinton, who balanced the budget, which Bush pretty much immediately unbalanced. The country has generally done better financially under Democrats, who are not the tax-vacuums they are accused of being, but certainly Republicans like to forget that.
As for Iraq, what does 'stay the course' mean, in your own words? Obama's plan is not for immediate withdrawal, although I saw a very interesting plan about two years ago, from Alexander Haig and a few other military experts, who suggested that, in fact, pulling out as soon as possible, so long as it's done wisely, is actually the only way to help Iraq get back on its feet. You can leave a country militarily, while still trying to support people in the country.
What course do you think should be stayed? Iraqis are not all idiots who would fall victim to the first door-to-door Al Qaeda shyster as soon as the Yanks turn their backs. No one is saying that everyone should come home on the same plane, the day after inauguration.
The republicans of the old school are turning in their fucking graves right now over McCain. I did also hear that my normally very conservative aunt and uncle in Alabama are not only voting for Obama, they're working on his campaign. For serious. Dyed-in-the-wool republicans took the punk stew and are slouching towards optimism.
http://economistsview.typepad.com/economistsview/2008/05/the-predator-st.html
Have you read this?
It makes much of the same points you are making here. Gilbraith was on the radio the other evening, very interesting.
The general theses can be simply stated. First, while conservatives toyed with laissez-faire, they quickly abandoned it in all important areas of policy-making. For them, it now serves as nothing more than an enabling myth, used to hide the true nature of our world. Ironically, only the progressive still takes the call for “market solutions” seriously, and this is the major barrier to formulating sensible policy. Second, the “industrial state” has been replaced by a predator state, a coalition of relentless opponents of the very idea of a “public interest”, whose purpose is to master the state structure in order to empower a high plutocracy with nothing more than vile and rapacious goals. Finally, the “corporate republic” created by the likes of Dick Cheney is highly unstable, a formula for national failure. Progressives must wrest control from the reactionaries before it is too late for restoration of America as the world’s financial anchor, technological leader, and promoter of collective security.