November 15, 2012

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Frederic Hayek’s book Road to Serfdom has an important chapter that attempts to explain why countries with powerful governments pass a tipping point and end up with tyranny. Hayek’s thesis was the lowest types of people would be willing to do the worst things to achieve political power. The last Pickings which was posted Nov. 6th closed with November’s Imprimis from HillsdaleCollege. In it, Norman Podhoretz asked if America was an exceptional nation. We got our answer that day when barack obama was rewarded for his despicable disgusting campaign of dishonesty and dishonor.

 

 

Andrew Malcolm sums up election day.

… To cap the evening’s entertainment, Americans got for their electoral edification the traditional pair of speeches that reveal much of what could have been and what will be.

Exactly 10 years and one day after victoriously claiming the Massachusetts governor’s office, for which he took no salary, Romney in 703 words graciously admitted his loss. He said the word “America” five times, the word “pray” three times and the words “Thank you” 21 times.

The Real Good Talker, who’s never seen anything he couldn’t throw a speech at, took 2,163 words to claim victory in what is traditionally a moment to call for unity and healing after a divisive campaign.

The victorious Chicagoan, who promised before the last election to end Washington’s partisan bitterness, strangely uttered the word “fight” five times and “thank you” but seven times. He spoke the word “unify” zero times, “unity” zero times, “heal” zero times and “pray” zero times.

He did, however, manage to mention himself 27 times. …

 

 

Michael Barone explains the two Americas. 

You know who won the election (or whether we face another Florida 2000), and as I write I don’t.

But whether Barack Obama is re-elected to a second term or Mitt Romney is elected the 45th president, the contours of their support during this fiercely fought campaign show that we live in Two Americas.

The culturally cohesive America of the 1950s that some of us remember, usually glossing over racial segregation and the civil rights movement, is no longer with us and hasn’t been for some time.

That was an America of universal media, in which everyone watched one of three similar TV channels and newscasts every night. Radio, 1930s and 1940s movies, and 1950s and early-1960s television painted a reasonably true picture of what was typically American.

That’s not the America we live in now. Niche media has replaced universal media.

One America listens to Rush Limbaugh, the other to NPR. Each America has its favorite cable news channel. As for entertainment, Americans have 100-plus cable channels to choose from, and the Internet provides many more options.

Bill Bishop highlighted the political consequences of this in his 2008 book “The Big Sort.” He noted that in 1976, only 27 percent of voters lived in counties carried by one presidential candidate by 20 percent or more. In 2004, nearly twice as many, 48 percent, lived in these landslide counties. That percentage may be even higher this year.

We’re more affluent than we were in the 1950s (if you don’t think so, try doing without your air conditioning, microwaves, smartphones and Internet connections). And we have used this affluence to seal ourselves off in the America of our choosing while trying to ignore the other America.

We tend to choose the America that is culturally congenial. …

 

 

We have had this piece on the new class divide from Joel Kotkin before, but it is worth looking at again.  

… Obama’s core middle-class support, and that of his party, comes from what might be best described as “the clerisy,” a 21st century version of France’s pre-revolution First Estate. This includes an ever-expanding class of minders — lawyers, teachers, university professors, the media and, most particularly, the relatively well paid legions of public sector workers — who inhabit Washington, academia, large non-profits and government centers across the country.

This largely well-heeled “middle class” still adores the president, and party theoreticians see it as the Democratic Party’s new base. Gallup surveys reveal Obama does best among “professionals” such as teachers, lawyers and educators. After retirees, educators and lawyers are the two biggest sources of campaign contributions for Obama by occupation. Obama’s largest source of funds among individual organizations is the University of California, Harvard is fifth and its wannabe cousin Stanford ranks ninth.

Like teachers, much of academia and the legal bar like expanding government since the tax spigot flows in the right direction: that is, into their mouths. Like the old clerical classes, who relied on tithes and the collection bowl, many in today’s clerisy lives somewhat high on the hog; nearly one in five federal workers earn over $100,000.

Essentially, the clerisy has become a new, mass privileged class who live a safer, more secure life compared to those trapped in the harsher, less cosseted private economy. As California Polytechnic economist Michael Marlow points out, public sector workers enjoy greater job stability, and salary and benefits as much as 21% higher than of private sector employees doing similar work. …

… The GOP, for its part, now relies on another part of the middle class, what I would call the yeomanry. In many ways they represent the contemporary version of Jeffersonian farmers or the beneficiaries of President Lincoln’s Homestead Act. They are primarily small property owners who lack the girth and connections of the clerisy but resist joining the government-dependent poor. Particularly critical are small business owners, who Gallup identifies as “the least approving” of Obama among all the major occupation groups. Barely one in three likes the present administration.

The yeomanry diverge from the clerisy in other ways. They tend to live in the suburbs, a geography much detested by many leaders of the clerisy and, likely, the president himself. Yeomen families tend to be concentrated in those parts of the country that have more children and are more apt to seek solutions to social problems through private efforts. Philanthropy, church work and voluntarism — what you might call, appropriately enough, the Utah approach, after the state that leads in philanthropy.

The nature of their work also differentiates the clerisy from the yeomanry. The clerisy labors largely in offices and has no contact with actual production. Many yeomen, particularly in business services, depend on industry for their livelihoods either directly or indirectly. The clerisy’s stultifying, and often job-toxic regulations and “green” agenda may be one reason why people engaged in farming, fishing, forestry, transportation, manufacturing and construction overwhelmingly disapprove of the president’s policies, according to Gallup….

 

 

Mark Steyn says the real world will not need 270 electoral votes to prevail.

… Reality doesn’t need to crack 270 in the Electoral College. Reality can get 1.3 percent of the popular vote and still trump everything else. In the course of his first term, Obama increased the federal debt by just shy of $6 trillion and, in return, grew the economy by $905 billion. So, as Lance Roberts at Street Talk Live pointed out, in order to generate every $1 of economic growth the United States had to borrow about $5.60. There’s no one out there on the planet – whether it’s “the rich” or the Chinese – who can afford to carry on bankrolling that rate of return. According to one CBO analysis, US government spending is sustainable as long as the rest of the world is prepared to sink 19 percent of its GDP into U.S. Treasury debt. We already know the answer to that: In order to avoid the public humiliation of a failed bond auction, the U.S. Treasury sells 70 percent of the debt it issues to the Federal Reserve – which is to say the left hand of the U.S. government is borrowing money from the right hand of the U.S. government. It’s government as a Nigerian email scam, with Ben Bernanke playing the role of the dictator’s widow with $4 trillion under her bed that she’s willing to wire to Timmy Geithner as soon as he sends her his bank account details.

If that’s all a bit too technical, here’s the gist: There’s nothing holding the joint up.

So, Washington cannot be saved from itself. For the moment, tend to your state, and county, town and school district, and demonstrate the virtues of responsible self-government at the local level. Americans as a whole have joined the rest of the Western world in voting themselves a lifestyle they are not willing to earn. The longer any course correction is postponed the more convulsive it will be. Alas, on Tuesday, the electorate opted to defer it for another four years. I doubt they’ll get that long.

 

 

 

Over at Powerline Blog, John Hinderaker finds the silver lining.

I can see only one good outcome from yesterday’s election: the fact that Barack Obama will be the president who inherits the mess left by Barack Obama. The economy is in awful shape; it won’t get much better given Obama’s policies, and may get worse. Many billions of dollars in capital that have been sitting on the sidelines, awaiting the outcome of this year’s election, will now give up on the United States and go elsewhere. Plants will be built in Korea and Brazil that would have been built here if the election had gone differently. The chronically unemployed–a group that is larger now than at any time since the Great Depression–aren’t going back to work. Nor are the millions who have signed up for permanent disability. Incomes will continue to stagnate. I don’t understand why anyone would vote for four more years of unemployment and poverty, but that is what the American people voted for, and that is what they are going to get. …

… Obama will now have to reveal his agenda for a second term, heretofore a closely-guarded secret. In particular, what is he going to do about the nation’s $16 trillion debt? Obama’s answer during his first term was “nothing.” His budget, incorporating any number of optimistic assumptions, called for the debt to rise to $20 trillion. I don’t see how Obama can get through his second term without articulating some plan, however half-baked, for dealing with the debt. Ben Bernanke can’t keep interest rates at zero for another four years; at least, I don’t think he can. As soon as interest rates start to rise, the budget–no, wait, we don’t have a budget, but you know what I mean–is blown. It will be difficult for the press to conceal from the American people the fact that we are broke.  …