The State of Our Government – Part 3

by Blogger on March 24, 2010 · 0 comments

American progressives tend to support interventionist economics:  they advocate progressive taxation and oppose the growing influence of corporations.  Progressives are in agreement on an international scale with left-liberalism in that they support organized labor and trade unions, they usually wish to introduce a living wage, and they often support the creation of a universal health

care system.  In the United States, liberals and progressives are often conflated, and in general are the primary voters of the Democratic Party which has a “large tent” policy, combining similar if not congruent ideologies into large voting blocs. Many progressives also support the Green Party or local parties such as the Vermont Progressive Party.  Remember Howard Dean?

Today, most progressive politicians in the United States associate with the Democratic Party or the Green Party US.  In the U.S. Congress there exists the Congressional Progressive Caucus, which is often in opposition to the more conservative Democrats, who form the Blue Dogs caucus. Some of the more notable progressive members of Congress have included Dennis Kucinich, Bernie Sanders, John Lewis, Paul Wellstone, and Nancy Pelosi.

PROGRESSIVISM TODAY

By now I’m sure you’re asking “What does all this mean?”.  Well, let me put it this way:  Who stands to gain by the recent push toward Big Government?  Some will say the people gain… but do they really?  In the last 2 years we’ve had the Wall St. bailout, GM/Chrysler bailout, Bank bailout (TARP) and most recently, the passage of the Health Care Reform bill.  Not only do these cost astronomical amounts of taxpayer dollars… every one of these “programs” goes past Government regulation and into the realm of Government ownership.  This is especially true in the cases of GM and Chrysler, as well as the banks that failed the Treasury Department’s “Stress Test”.

Where once we had Federal regulation of certain industries (i.e., Banking, Wall St., etc.) we now have the Feds extending their reach into the operation and management of them.  History has shown that the Feds don’t have a good handle on operating anything.  Anybody who has researched the current state of Medicare and Social Security will already know this.  Both are essentially bankrupt, since the Feds can’t seem to stop themselves from tapping into these funds in order to expand the number of people benefiting from them.  Unfortunately, they do this without thinking about the long term ramifications of the expansions.  It’s fiscal irresponsibility at its worst.  Of course, maybe they are thinking about the long term ramifications of what they’re doing, but they just don’t care.  After all, they probably won’t be in office (or even alive in some cases) when it comes time to pay the piper.

The recent passage of the Health Care Reform bill grabs $500 billion from Medicare so the Feds can provide insurance to those that don’t have it.  A noble effort?  Perhaps on the surface.  However, considering the Medicare is already insolvent, what is the long term impact going to be for that program?  I have contributed significant amounts of money toward Social Security and Medicare, both as an employee and as an employer.  Don’t forget, when you see the deductions for these programs in your paycheck stubs, your employer has contributed an equal amount out of their pocket.

I become eligible for Social Security in a little over 5 years, and for Medicare in a little over 8 years.  In 2010, it’s estimated Social Security will, for the first time, pay out more money than it takes in.  It’s estimated that Medicare will be out of money in about 10 years.  So, where does that leave me?  More importantly, if you’re younger than I am, where does it leave you?

We now have Government ownership of GM/Chrysler, extensive influence in AIG and other financial institutions and a new Health Care system where they mandate that you, John Q. Public, buy health insurance.  And who gets to enforce this mandate?  Why, your friend and mine, The Internal Revenue Service.  Latest estimates indicate the IRS will need $10 Billion and 16,000 additional staff to enforce the new law.

WHERE IS THIS DISCUSSION GOING?

OK, let me ask this:  If you take the Middle Class, and for the sake of this discussion, we’ll call the Middle Class those family units making between $50,000 and $100,000 annually… and you put these people in a position whereby they stand to benefit from numerous Government-sponsored programs, will this Middle Class ever vote the people out of office that gave them these benefits?

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, entitlements , government intervention , Health Care , medicare , Progressivism , social security

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