Quote:
Originally Posted by Redux
I disagree with Brook's basic premise and its not clear at all how the current monetary policy has punished hard work.
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I don't think Brooks would ever endorse a "hard" currency as it can be too inflexible, suppressing economic expansion. That said, as long as our currency is losing value saving is punished. To go along with what you said we will have to raise taxes and cut services to rebuild the integrity of the dollar. We will have to cut more services than Democrats want and raise more taxes than Republicans want. Both parties live in a fantasy world created by ideology, we only have to read
Krugman today to witness the self-delusion. I believe it may be possible to ease the pain in an economic contraction through government spending, but you'll never hear the left calling for cuts during an economic boom, much as we never hear Republicans complain about debt created by war-making.
Getting centrists elected is the tough part since they can't speak to blind ideology. They have no core group to hold in place while they reach out to other voters.
Rand Paul is going to get creamed defending BP the way he is. Sometimes corporations really are the bad guys.
Growing small business should be the focus of centrists. Let's not create a regulatory morass that suppresses start-ups, but we damn well better regulate and hold big business accountable for environmental and economic destruction.