SHORTER Elizabeth MacDonald: Of course the Fed finds the median US household net worth has plummeted. The economy sucks! This proves that the government should not support the economy. Besides, the data is so 18 months ago.
And yet the Fox Branch of Government, along with its subsidiaries in Congress and elsewhere, insist that this November's election should be about the economy.
Because we desperately need a government that realizes it can't do anything. Or, put another way, after thirty years through the Looking Glass, the Republican party has discovered that its economic wing is more metaphysically zonked than its religious nuts.
Last Sunday, Absentee Governor and Retired Lawn Ornament Mitch Daniels went on FOXNews to call for an end to public-sector unions. Sorta. Daniels is from the wing of the party which doesn't like to say that sort of thing without the required hemming and hawing necessary to prevent it from being held accountable for the crazy shit it's going to do anyway.
It should be noted here that 1) Daniels claims to be a Randian, of the Christian division; 2) Daniels "took a year" to decide whether he supported Indiana's Right to Work bill, or whether the people who were paying him to "run" for "President" were against it; and 3) to my knowledge, the term "public sector unions", as opposed to the unionized state employees he screwed back in 2005, has never crossed the man's lyin' lips, not while he was within the state of Indiana and eligible for reelection. Not in public, anyway. Because public sector unions comprises, among others, police and fire unions. Because Hoosiers may not have much use for teachers, or road crews, but they sure want cops around to keep the coloreds from burning their houses down.
Is this really what this election should come down to? Is it really someone's definition of "economy"? Eliminate public unions, and our wealthy job creators will be free to create jobs, namely, security guards and private bucket brigades.
Was the 2012 election really decided when Big Donors chose up sides in 2010?
Is this really the United States of America in the 21st century? Don't tell me.
Do we really have to relive the excesses of the fucking Gilded Age just because rich people won the 1980 Presidential election?
This is the program which has failed, publicly and demonstrably, time and again, since. Incontinent tax cutting and irresponsible regulation are precisely what got us here. And they are promoted by the likes of Mitch Daniels, public liars, political cowards, and "principled" men who won't actually do anything except accompanied by a new moon, and the sort of massive PR campaign which convinces Americans to eat pig anus stuffed with bacon and cheese.
If it's so wise then let's go all in. Let's begin by eliminating corporate welfare, sweetheart oil and gas leasing, foreign investment credits, securities regulation, the public prop under markets, the insurance game, medical and scientific research, corn subsidies, NASA, interstate highways, and the featherbedding benefits of US military and government employees, whose health and retirement benefits are an order of magnitude beyond what the poor private sector worker is handed. Let's finish turning our schools over to anybody who'll teach for minimum wage, and let's return the ancient right to capture anything that flies over your property to the people. How much have we saved so far? Surely an economy based on big-ticket military gadgets, Starbuck's, and private space travel is just what the Founders envisioned.
And let's see who survives.