The Democrats have been provided with a huge opening on the tax cut issue by Republicans. The big question is: Will they seize their potential advantage?
A major element driving the issue of creating a third party revolves around the pathetic example the Democrats have provided in recent years.
The course Obama charted during the 2008 "Yes we can!" campaign on the issues of honesty and prosecuting violations of the law and the U.S. Constitution has been severely compromised. Instead of prosecuting culprits from the previous administration Obama and subordinates have copied them on the pretext of fighting terrorism, the supreme catchall used by Bushies.
This campaign is shaping up as a repetition of previous ones where Democrats failed to take advantage of opportunities to score big against Republicans. The ammunition is clearly available with the current debate over tax cuts.
In one instance where a mainstream media spokesperson stood tall for the public interest and pushed a corrupt Republican against the wall, David Gregory on NBC's "Meet the Press" exposed Republican Senate Minority Leader Mitch McConnell of Kentucky as a prevaricating representative of the wealthiest sector of Americans telling an untruth to masquerade his intent.
McConnell kept insisting that Obama's tax plan to eliminate the Bush tax cuts designed to benefit the nation's top two percent of taxpayers, the wealthiest segment, constituted a tax hike during a recession.
Rather than allow McConnell to wiggle off the hook, as so many mainstream media spokespersons have done in the past, such as failing to bear down on George W. Bush on the issue of taking America to war in Iraq, Gregory proved to be tenacious.
Gregory repeatedly explained to the uncomfortable Republican senator that in place of a tax increase, allowing the otherwise expiring tax cuts to remain would trigger a devastating increase to the already burgeoning U.S. debt. McConnell shrunk under the pressure, his false claim being exposed under the white heat generated by an honest and uncompromising questioner.
Economists who have studied this issue have concluded that a very steep price would be paid by following McConnell's course in allowing the Bush tax cuts to be extended. The estimated cost would be a $4 trillion addition to an already burgeoning national debt over 10 years.
What caused the tremendous debt spiral in the first place? Unlike the false Tea Party claims by spokespersons such as Rush Limbaugh, Glenn Beck and Sean Hannity, the debt calamity did not begin under Barack Obama.This massive tidal wave commenced under none other than Republican icon Ronald Reagan, when the national debt tripled from $1 trillion to $3 trillion dollars based on the failed tax cut policy to which McConnell and his Republican allies seek to return. We had a rerun under Bush and with more of the same the debt mushroomed to over $10 trillion by the time he left office.
Meanwhile where was this dynamic impetus wherein the middle class and poor segments of our nation's economic system were supposed to benefit? How much did these segments benefit under a trickle down theory embraced by Republicans in the twenties?
The answer was that the middle class became poorer while the most impoverished segments of society reached the tragic stage. The ranks of the homeless have increased while those who seek to stave off such a fate are working more hours with diminished purchasing power.
When Franklin D. Roosevelt had the opportunity he slashed hard at those he referred to as "economic royalists." This great American communicator delivered a solid "us against them" message that resonated. He pointed out who the economic culprits were who pushed America into the Great Depression.
Republicans have fulminated against Roosevelt ever since. They knew that he understood them and astutely attacked them where they were most vulnerable.
Will Democrats do the same in this election cycle? The opportunity is present but the answer is highly doubtful. This Democratic Party appears frightened of its own shadow.
1 | 2