Axis of Right

Three Native Rhode Islanders Commenting From the Right on Politics and Anything Else

Posts Tagged ‘War on Poverty’

She Has No Need for “Poverty Czar”

Posted by Ryan on April 5, 2008

She Who Must Not Be Named and her “husband” Bill clocked in a cool $109 million since Bill left office.  Not bad for the champion of the working class and poor now that John Edwards has left he race!  This information, predictably document-dumped on a Friday afternoon so no one will notice, comes on the heels of SWMNBN calling for the creation of a “poverty czar” whose cabinet-level job will be to end poverty in America.  Hmm… where have we heard that socialist bilge before? 

I have said this many times, but it bears repeating lest we forget: these Dems are literally using their 1964 playbook for domestic policies and their 1972 playbook for foreign affairs: translation big government solves all (War on Poverty/Great Society) and let’s cut-and-run because America is bad (1972 Dem platform).  LBJ and McGovern both live on in the visage above!

Pic from Free Republic thread.

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Posted in Election 2008, Politics | Tagged: , , , , , , | 2 Comments »

An Education: Democrats on the Economy

Posted by Ryan on March 27, 2008

We’ve finally learned something (on the record for a change) about Democrat’s vision for the today’s ailing economy!  Here’s a sample of Obama’s take on what he to do in tough economic times:

“To renew our economy — and to ensure that we are not doomed to repeat a cycle of bubble and bust again and again — we need to address not only the immediate crisis in the housing market; we also need to create a 21st century regulatory framework, and pursue a bold opportunity agenda for the American people….  We do American business — and the American people — no favors when we turn a blind eye to excessive leverage and dangerous risks….  If we can extend a hand to banks on Wall Street, we can extend a hand to Americans who are struggling.”

OK, let me get this straight:  Regulation.  Government handouts.  Ending the Business Cycle.

Been there, done that.

  • One of the things we learned from the 1970s (before Obama met Reverend Wright and while She Who Must Not Be Named was still wearing those dorky glasses) is that the more regulation the government imposes the less economic activity takes place from those targeted companies/industries, which will destroy job growth and diversification. 
  • Plus, government hand-outs to the “struggling” might be good mid-20th Century populist/class-warfare politics, but we’ve seen the abject failure of wealth redistribution in our own country: “War on Poverty” anyone?  
  • Back in the 1990s people were also talking about the end of the business cycle.  I don’t want an end to the business cycle because, quite simply, that means the end of capitalism.  Bad companies must be made to account, bad behaviors by consumers must be stymied by market realities, and bad investments must be punished if an economy is to learn and grow in the fastest and most natural way. 

So, what did I learn about the Democrat candidates and the economy today? 

Same old populist-socialist dribble that won’t fix anything but would continue the cycle of dependency.  But that’s what I expected them to say.  The bigger question to ask is:

Will John McCain take advantage of these scary policy positions that his opponents are putting forward on the record? 

One hopes.

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