Day: August 8, 2014

Gridlock and frustration

More than two-thirds of Americans think the country is on the wrong track. In all areas. Most feel that the country is still in a recession though many indicators show otherwise. Many are uneasy about our foreign policy, or lack of. In this unsettled climate will come the mid-term elections which promise to deliver low voter turnout across the nation. There is such disgust with both major political parties that pundits say many independent voters will sit on their hands instead of going to the polls. Many voters tend to stay home when they are feeling negative about their ballot choices; many feel that it doesn’t matter how they vote because nothing will change. It is at times such as we live in now that all voters need to exercise their right. It doesn’t help anything for citizens not to be involved in the process. Yes, not voting is a vote, but it doesn’t carry the heft of an electoral message. The country has been fairly evenly divided politically since the late 1990s. Control of one or both houses of Congress switch back and forth between the two parties. The White House moves cyclically between Democrats and Republicans. Congress has approval ratings less than 15 percent, about a third of President Obama’s approval ratings. In 1948 Harry Truman ran for president against a Do Nothing Congress; that Congress seems...

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Where is the GOP’s better deal?

By LAWRENCE KUDLOW Businesses created more than 200,000 new jobs for the sixth straight month. Second-quarter gross domestic product rebounded by 4 percent from the winter-weather doldrums. And the Manufacturing ISM Report exceeded all expectations, with big gains in new orders and employment. So on the surface, the economy is looking better. And as a result, the Federal Reserve is on the cusp of a new and less-stimulating policy cycle—which is a big reason why stocks sold off last week. A lot of investors are wondering what happens when the Fed takes its foot off the accelerator. Will burdensome tax and regulatory policies prevent any sort of economic breakout? But let me throw in another uncertainty: politics. What is the Republican response to all this? Yes, the GOP is favored to win the Senate. But I wouldn’t be so confident. Polling shows many key races are up for grabs. The numbers are close. And here’s what I see as a big part of the problem: Instead of putting forth a clear growth message—like a new Contract with America—congressional Republicans this week voted for a lawsuit challenging President Barack Obama’s abuse of executive power. Now, suing the president is different from impeaching the president. But is it so different in the public’s eye? And don’t most people think this lawsuit will go nowhere? And isn’t this just a big distraction...

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Thoughts on 2016 presidential run

Our national legislators are not dealing with the many matters that cry out for attention and redress now, including the nation’s failing infrastructure and worn-out highways, jobs and the economy, the minimum wage, immigration controls, our foreign policy, public education, climate change, and, among others, corporate welfare and corporate tax evasion. President Obama has not yet completed one-half of his second term in office during which time he and Congress could work on the most demanding matters that remain pressing and crucially important to millions of Americans. What can one do but surrender to the will of the American public as led by the loudly obstreperous pundits and prognosticators.  Among them are those who believe Hillary Rodham Clinton is a shoo-in to represent the Democrats and that Mitt Romney will serve as the Republican standard bearer. Neither of the two biggest names is yet willing to say they will run but there are other lesser well-known prospects that are ready to be crowned his party’s candidate for president, including Vice President Joe Biden and a number of state governors and U.S. senators.  If President Obama job approval ratings continue to fall, Clinton’s entry into the race will be handicapped like John McCain’s, trying to get elected after eight years of the bumbling George W. Bush. Besides, we learn from American history that it’s difficult for a Democrat or a Republican to hold the White House for more than two terms. Being very well...

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