As much of the financial world waits with anticipation the outcome of the so called Budget Super Committee whose report is due in just seven days, the back room strategists for the Democratic Party and Team Obama 2012 are giddy with anticipation of the economic train wreck to follow. The plan is elegant in its simplicity; allow a budget disaster which will have dire economic consequences and then cast the “obstructionist” republicans in congress for the resultant economic consequences. They have not had to be overly covert in their strategy as their pet tools in the media have been gladly echoing the White House talking points. Indeed this is the only strategy left for the leftists in Washington as the American public has rejected every element of their tax, spend and government control agenda. What is unfortunate is this destroy America strategy may well work.
The scheme is largely the work of New York Senator Chuck Schumer who is Senate Majority Leader Harry Reid’s political war monger in chief. Throughout more than a decade in the senate and 18 years before that in the house, Schumer has gained a reputation as a narcissistic publicity hound. With an anemic legislative record comprise almost entirely of attaching his name to bills constructed by others, Schumer has developed the finely honed skills of a political ambulance chaser. If the media is there, so if Chuck with political incendiary bombs to toss at his opponents. Credit needs to be given as he has built a successful political career by blaming opponents for everything while personally accomplishing very little.
The first stage of the “Blame the Republicans” was to create the ruse of Republican control of Congress. Forgotten is that the democrats remain in full control of the senate where Senator Harry Reid has been the Majority Leader since January 2007. Not only have the Democrats controlled the senate for the past 5 years, for almost 2 years that had the lofty position of 60 seats constituting a filibuster proof majority allowing them to proceed without Republican cooperation. Reid’s period as Majority leader is most notable for the senate never producing a single years worth of budget authorizing bills but rather relying on an uninterrupted stream of continuing resolutions. Harry Reid and Chuck Schumer have succeeded in one of the most audacious Orwellian “Big Lie” strategies, and the media has embraced their message and are now full partners in the narrative.
Team Obama has been quick to join in on this destroy the American economy and blame republicans game. President Obama won the White House by promising a new political climate in Washington. Credit must be given to him he has kept his promise, as while it was almost inconceivable that the political acrimony of the final Bush term could be exceeded, Obama has done just that. I must admit as with the Democrats in the senate, Team Obama 2012 has had no choice in this strategy, everything else they have proposed has been soundly rejected by the American people. His signature achievement, Health Care Reform is opposed by more than 60 percent of Americans and is largely responsible for Democrats suffering the second biggest loss in the 2010 elections for the House of Representatives. If he were to again propose Health Care, he would be lucky to get 35 votes in the senate his own party controls. One component of that package, the SMART long term care insurance was withdrawn by his own administration when they admitted it was irreparably insolvent. In his first year in office he said in an interview 8 percent unemployment was intolerable and if he did not improve the situation his administration would be “a one term affair”. With unemployment stuck in the 9 percent range, his administration’s economic record is the most dismal since the Carter administration.
Unfortunately the GOP in congress handed the Democrats a political life jacket this past August by agreeing to $1.5 trillion in mandated cuts, divided equally between defense and entitlements, in exchange for raising the national debt ceiling. I’m not even going to get into the constitutionality of a 12 member joint senate house committee with automatic sending authority, which is questionable at best. But politically it set up an artificial Thanksgiving deadline which stood almost no chance of being achieved. Team Obama and Senators Reid and Schumer saw the opening almost immediately. President Obama initiated immediate class warfare and demanded tax increases on the “rich”. Schumer and Reid pronounced the republicans obstructionist while not allowing votes on more than 2 dozen bills passed by the house. In the single biggest act of political hypocrisy in memory, Reid prevented the Presidents own “Jobs Bill” to come to a vote in the senate less Obama be embarrassed by the repudiation it would have received by his inability to get even senate democrats to support it. As the same time President Obama was flying around the country on Air Force One blaming the do nothing republicans, while raising millions in campaign contributions from his “1 percent” supporters.
So here we stand with a week until a train wreck which will further damage the American economy, potentially even resulting in further downgrades in the credit rating of US government securities. Give the democrats credit, they may have out foxed republicans and have kept President Obama in the race for a second term. But what cost are the Democrats prepared to make the American people pay for their political games? They could not win the battle of ideas in the 2010 election where their tax and spend policies were rejected. Today they are prepared to drive the economy over the cliff in order to manufacture an issue that could preserve their own jobs in 2012. Senator Chuck Schumer, Senator Harry Reid and President Barack Obama; three who are prepared to further devastate the American economy to preserve their own political viability. They may well win, but will not be able to escape the shame that will forever tarnish their reputations.