economic

Despite economic struggles, Democrats place emphasis on social issues

DNC debt cartoon

Over the last couple of years, libertarians have complained about the emphasis conservatives, particularly the Rick Santorums and Mike Huckabees their movement, have placed on social issues. We’ve noted that conservatives should focus their message on issues where they can attract agreement — such as repealing ObamaCare, lessening regulation on businesses, cutting spending, and reducing taxes.

While I support same-sex marriage and have grown increasingly pro-choice within reason, the Republican National Convention was a largely a breath of fresh air from this perspective . That’s not to say that I agree with everything said on the budget, economy or foreign policy, but the discussion of social issues was relatively mild with Republicans choosing instead to place a heavy focus on the economic record of President Barack Obama.

But watching the Democratic National Convention off-and-on for a couple of days, one can’t help but notice the heavy emphasis on social issues. There is certainly a discussion and defense of President Obama’s economic record, but abortion, same-sex marriage, and labor unions been featured heavily.

Of course, this is really isn’t surprising. Democrats have tried to change the narrative at several points since the beginning of the year; usually by complaining that there is some supposed “war” being waged against a segment of the American public.

Pandering to Idiots: How Obama Flip-Flops

Jorge Gonzalez is a motion designer and political activist living and working in Midtown Atlanta. In his free time, he enjoys filming, photography, and reading.

I recently had a discussion with a close friend of mine who is a very “progressive” guy. He’s the type that buys into all the horror stories about Republicans and libertarians. You know, we don’t care about the poor or women’s rights or worker’s rights and we’re cruel, intolerant etc etc. He started off the conversation by claiming “Romney panders to stupid people. Obama does not…Obama doesn’t bend his beliefs to fit an uneducated and sensationalistic base.” If you didn’t fall out of your chair just now at the sheer stupidity and myopia of a statement like that, then I ask you to read on, dear Reader, because what follows may be of interest to you.

Economy barely growing, Obama still pushing tax hikes

If you were hoping that the recent economic report would bring a change in direction from the White House on taxes, you were no doubt let down. The Commerce Department reported on Friday that gross domestic product (GDP) grew by only 1.5% in the second quarter of the year and consumer spending was down, once again showing the weakness of the economic recovery.

When pressed on whether or not the weak economic growth would bring a change in direction from President Obama, who is trying pushing tax hike proposal through Congress, White House Press Secretary Jay Carney insisted that tax hikes during a slow economy weren’t a bad idea. Alan Krueger, President Obama’s top economic adviser, also said that the reason the economy was lagging was because state governments need more stimulus spending.

It seems, however, that not only will the White House push more stimulus gimmicks, they are going to continue to push a tax hike that will have anywhere from a 1.3% to 2.9% contraction in the economy.

But Keynesians pushing a tax hike during tough economy times is question, one that would probably earn the ire of the man himself. Christina Romer, who served as an economic adviser to President Obama, once noted that tax hikes hurt the economy:

Barack Obama hates America — that’s the only conclusion you can draw after nearly six years of terrible economic policies

This is pretty douchetastic. In an Independence Day eve speech at the DC-based tech firm 1776, President Barack Obama — the worst president since World War II — suggested that Republicans don’t have enough “economic patriotism” to work with him to get the economy moving again:

“[W]e can make even more progress if Congress is willing to work with my administration and to set politics aside, at least occasionally, which I know is what the American people are urgently looking for,” Obama said Thursday at 1776. “It’s a sort of economic patriotism where you say to yourself, how is it that we can start rebuilding this country to make sure that all of the young people who are here but their kids and their grandkids are going to be able to enjoy the same incredible opportunities that this country offers as we have. That’s our job. That’s what we should be focused on. And it’s worth remembering as we go into Independence Day.”

What. The. Actual. Fuck.

Sorry, but this is ridiculous. President Barack Obama’s idea of working with Republicans is for them to do what he wants without asking questions. He doesn’t view Congress as a coequal branch of government, but rather a minor inconvenience that he can go around pretty much whenever he wants.

What’s more, if President Obama wants to start throwing around the term “economic patriotism” so loosely, then his own record should be open for discussion. The most recent recession, for example, officially ended six years ago, in June 2008.

Quote of the Day: Jay Leno’s joke Obama’s golf game and his real handicap

Obama golf cartoon

The folks over at the Media Research Center captured this hilarious joke from The Tonight Show. Jay Leno was doing his usual monologue, cracking jokes about recent news stories, when he brought up President Barack Obama’s recent golf game with Tiger Woods.

“Tiger said the President is a very good golfer for a guy who only plays five days a week,” Leno mentioned to an amused crowd. “Actually, you know what the President’s handicap is? Doesn’t understand economics.”

The audience busting out laughing and clapping in an agreement. While it was a funny jokes, Americans are learning about Obamanomics and all of the deficits and slow economic growth it’s bringing them.

Tom McClintock questions CBO director on results of Obama’s economic policies

Few members of the House have been more consistant in trying to keep the Obama Administration accountable for its economic policies than Rep. Tom McClintock (R-CA). Recently, Rep. McClintock had the opportunity to question Doug Elmendorf, director of the Congressional Budget Office (CBO), about how President Obama’s economic policies are hurting the nation during a House Budget Committee hearing on the recent economic report released by his agency.

Price tag of the “war on terror”: $4.4 trillion

Playing the part of world policeman can be pretty expensive. How expensive? A new study says that the price of our foreign intervention could reach over $4 trillion and cost 225,000 lives; including civilians:

The final bill for U.S. military involvement in Iraq, Afghanistan and Pakistan could be as much as $4.4 trillion, according to a comprehensive report Tuesday.

In the 10 years since American troops were sent into Afghanistan, the federal government has already spent $2.3 trillion to $2.7 trillion, say the authors of the study by Brown University’s Watson Institute for International Studies.

The report calculates not only direct spending on the conflicts but also the long-term costs of caring for wounded veterans and projected war spending from 2012-20.

At a minimum, according to the authors of the study, the final cost for these military engagements will be $3.7 trillion. But the report also points out that their estimates do not include at least $1 trillion more in interest payments and other costs that cannot yet be quantified. Indeed, the report criticized the U.S. Congress and the Pentagon for poor accounting.

You can read more about the study here.

While Republicans are debating foreign policy, they’re largely missing the point. The Bush Doctrine, which has now become the Obama Doctrine, is unsustainable from an economic perspective (not to mention the human toll). This seems to be a point lost on neoconservatives, that taxpayers eventually have to foot the bill for war. That’s not to say there isn’t justification, but most of what we’ve done in the last 10 years has been unnecessary; and sadly, it doesn’t look like it’s going to end anytime soon.


The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.