1/5/09

Is this "change"?

President-elect Barack Obama, seeking to drum up support from both political parties, plans to propose up to $310 billion in tax cuts for businesses and the middle class as part of his massive economic stimulus package, senior Democratic aides said on Sunday.

Bottom line.Politicians are driven by events. Bold statements before election day are just that....bold statements. Eventually events take over and politicians try to solve problems created by previous policies.

Like a big wave, political mood shifts to give the impression to the country that something is being done. But nothing is being done. Now the wave will create other issues, such as the massive role of the government in our life.

Socialism will make us numb, as in Europe. This is a state of general trance in the public. No one will care as the economy stagnates.

The big wave of public opinion will shift again, however, and a new leader will tout change trying to reduce the impact of socialism.

The problem is that once socialism is entrenched (as in most European countries), bureaucracy supported by interested power groups becomes so powerful that changes become impossible. The power groups benefiting form the bureaucracy will resist change because it implies a loss in power and wealth. So you will have two classes, as in medieval Spain -- the bureaucrats and everybody else.

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George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977


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