by Pops » Tue 30 Oct 2012, 15:20:26
Collapse isn't an end state...
I think O is gonna scrape it out because of the auto bailout inspiring union blue collars to support him in a few swing states. Otherwise uneducated, working class poor and sorta-poor, especially whites, are going to vote against him by a big margin. I'll be greatly surprised if there is the landslide I predicted back when the right wing was on parade in the primaries. The campaign guy was right when he said they'd just shake the screen and switch positions and no one would be the wiser.
The senate Ds will have a couple seat majority and the Rs will keep the house, maybe losing a few seats but because the districts are even less competitive than ever after the post census gerrymandering redistricting, reps and senators will be even less able to compromise. Of course the Ds have done the same: "the margin of victory has been at least 20 points in over 74 percent of U.S. House elections since 2004" according to the Brookings institute. This by the way, is the biggest threat to our country I think, not that one party thinks it can afford to do without government, but that we are stuck with a structurally dysfunctional system that actively discourages from running those candidates who will compromise.
Anyway, O wants to make a deal to bring down the debt and that will play into the negotiations in the lame duck at least. The payroll tax will be re-instituted, it was probably the best stimulus of all but it also needs to be resumed. SocSec is insurance, without premiums it is just welfare. That my be all that gets done the next 4 years.
I'd be surprised if the sequester cuts are allowed to take place. I think O will give on SocSec, maybe means test, raising the limit, maybe the age - I think all are good ideas. That will have to be in exchange for the Bush goodie bag for the rich - it could happen! LOL But as I think about it, I just can't see there being much of anything getting done under the current regime of non-competitive congressional races that produce ideological non-politicians pledged to reject compromise at all costs. Even the Ds are getting tired of the whimps they send to DC and will start electing those less willing to go along.
The Rs want government to do nothing, like Romney said, FEMA is a waste, the states should do rescue and even better would be if the states didn't do it and private companies did.
So maybe that is my prediction, no matter who wins the goal isn't to fix problems, the goal is to keep the other guy from scoring so it's just stalemate.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)