It all began with Reagan... but it ends with us.

Thom Hartmann made an interesting statement on Olbermann's show Friday:

We have gone, when Reagan came into office we were the largest exporter of manufactured goods and the largest importer of raw materials on the planet. And the largest creditor. More people owed us money than anybody else in the world. Now just twenty eight years later we're the largest importer of finished goods, manufactured goods, exporter of raw materials which is kind of the definition of a third world nation and we're the most in debt of any country in the world. This is the absolute consequence of Reaganomics.
So here we are facing 2009 and it doesn't look like things will change anytime soon.

The Republicans have kicked the UAW in the face by not supporting the Big 3 auto makers. Now, unless the TARP is hit for support of the auto industry by Bush's Treasury Department, we will see at least GM and Chrysler go bankrupt (Ford is apparently in a little better shape... but not much) and unemployment in the industry, including suppliers and dealers and even the waitresses in the restaurants where employees get lunch, will grow quickly.

Obama's election may signal change, but such change will not upset 28 years of deconstruction with any immediacy. And, remember, we still have people like Mitch McConnell in the Senate who will work very hard to get us into the Depression that the Republicans seem to be aiming at something they have not been able to pull off since Herbert Hoover.

It seems to me that it is necessary now to start planning to remove more Republicans in the 2010 elections... even though we know that mid-Presidency elections often swing to the opposing party. Keeping America focused on its real needs is a very hard job, but it will offer progressive blogs a deep and important subject to which we may commit our ongoing work.

Under The LobsterScope

Tags: Big 3, Reaganomics, Republicans, UAW (all tags)

Comments

4 Comments

Re: Realignment?

We are slightly overdue for realignment but I think we are in the midst of it.  Realignment overrules the ususal rules of midterms, etc.  It usually last eight years meaning two more elections to go.  

If this is the case, look for another gain of six seats or more in the Senate (and much less in 2012).  If Frankem wins, that would give us 65 seats by 2011.  The only other time one party had 62 or more Senate seats it was the Democrats from 1933-39 and also from 1959-69.  Look for a good long run in the Senate.

The House is a different criiter but the auto bum out could have severe impact on the Republicans.  Like their seven seats in Michigan (all returning Republicans from MI voted for the bailout but everybody knows which party was out to screw MI and the workers.  All told the 32 remaining Republican seats in the industrial midwest (OH, IN, MI, MN, IL, WI) are certainly at risk.

by David Kowalski 2008-12-14 12:23PM | 0 recs
Re: It all began with Reagan...

Interesting read.  Really highlights how much things have changed the last 2+ decades.  You're right, there is much damage to be undone and we need to focus on 2010.

by cameoanne 2008-12-14 12:38PM | 0 recs
We are living in a society where...

...the narrative is shaped by the now-quickly-morphing MSM. Over the next few years, the 'net will become even more mainstream than it is now.

We can never forget that we're talking about a society that, still...

...thinks we invaded Iraq to fight a non-existent (in Iraq, for all intents and purposes) Al Qaeda;

...maintains a large percentage of its population that thinks that Barack Obama is a radical Muslim terrorist;

...will be led to believe that the next two years of economic despair were caused by the Party in power, not the Party that ran things from 2001-2008;

...votes for a candidate--at least 46% of them anyway--knowing the candidate's advancing in years and could very easily be replaced by someone of ideological ilk of a Sarah Palin;

...determines their vote based upon the price of a gallon of gasoline at their local service station.

So, our work's cut out for us, to say the least, if for no other reason than the deliberately induced "mass ADHD" by the status quo.

by bobswern 2008-12-14 06:59PM | 0 recs
Re: It all began with Reagan.

Reminds of the old joke:

CARTER: You know Ron, you can fool some of the people all of the time, and all of the people some of the time. But you can't....

REAGAN: And that's your second mistake, Jimmy. You can fool all of the people all of the time.

Can't recall the first mistake.

And there are many people who still view Reagan as one of our greatest presidents.

by MainStreet 2008-12-15 12:01PM | 0 recs

Diaries

Advertise Blogads