What is the 2012 election really about?
From what I can see, it isn’t about the issues: unemployment, health care, the federal budget, or taxes. What it is about, and the Republican candidates say it during every debate and after every primary, it’s about beating Barack Obama at any cost.
They don’t like to give too many alternatives to what the president has done in the three years since taking office, but what they do provide are sophomoric names, most of which they probably don’t know the meaning of, such as socialist, communist and Newt Gingrich’s favorite, food stamp president.
What should the next presidential election be about? Well how about the issues mentioned above to name a few? I for one, would like to know what the candidates stand for. So far I don’t find much substance in what they have to say. The infighting and name calling detracts from the real issues and to top it off, the Republican party is so fractured that they can’t get behind any one candidate collectively. They continue to throw Ronald Reagan’s name around as though their passion for the past will pave the road to the White House. In addition, they act as though Reagan’s policies of the 1980’s are still relevant today. I’ve got news for you folks, they aren’t!
Bruce Bartlett, who as a domestic policy advisor to Ronald Reagan drafted the 1981 Reagan tax cut, says in an opinion piece published in The Washington Post on February 3rd,
I think Republicans misunderstand the premises upon which Reagan’s economic policies were based and why those policies can’t, and shouldn’t, be replicated today...Economic conditions are entirely different today than they were in Reagan’s era, and different conditions demand different policies. Those who say otherwise are simply engaging in cookie-cutter economics; proposing whatever was popular and seemed to work once, without regard to changing circumstances.
According to Mr. Bartlett, our current top tax rate is half what it was when Reagan took office and the Federal Reserve rate is far lower than what Reagan inherited. The Fed today can’t lower rates below zero percent. The bottom line is that 2012 is not 1980. They must stop trying to resurrect old, tired, irrelevant policies by shoving them down the American people's throats. It’s time for conservatives to move on with new ideas, if they have any.