Deficit Hawks

The Republican Party Heritage And Principles Are In Death Spiral after 167 Years

Ronald 6 Comments

The Republican Party was founded in March 1854 as a reform party, with the major principle at its founding being opposition to the expansion of slavery, and including abolitionists within its midst.

It was a Northern party which fought the Civil War and ended slavery, and for a generation, it was a party that inspired the majority of Americans.

Then, in the Gilded Age, it became corrupted by the power and influence of industrial capitalism, and conservatism reigned.

But then, Theodore Roosevelt and others who carried the name “progressive” with pride, promoted reform of the capitalistic system, but after TR’s death, while progressivism still existed in the party, it was taken over by conservatives, and the Great Depression undermined the national power of the party, as the Democrats became the majority party in the 1930s.

The battle for the future of the party was waged in the next half century liberal to moderate Republicans on one side, and hardline conservatives as their opponents, and Ronald Reagan ushered in a hard right conservatism, which became more extreme due to Newt Gingrich and other extreme conservatives since the mid 1990s.

And now we have come to a party that is in a death spiral, as we have conspiracy theorists who are taking over the party, and promoting hate, in the form of racism, nativism, Islamophobia, Antisemitism, and having wacky members who are advocating assassination of opposition Democrats.

So the Republican Party is now the party of Marjorie Taylor Greene, Lauren Boebert, Louie Gohmert, Matt Gaetz, Jim Jordan, Ted Cruz, Josh Hawley,and many other right wing Fascists, but at the leadership is Donald Trump, and the party represents now:

Family Values gone, with the caging of immigrant children.

Deficit Hawks gone, with added massive deficits of tax cuts to the wealthy.

Free Trade gone, with massive taxes on foreign goods and bailouts of farmers as a result, adding to the national debt and consumer prices.

Limited Federal Government gone, with claims that what state governments report as election results should be ignored by the Congress.

Limiting the Imperial Presidency gone, with obedience by right wing members of both houses of Congress to the whims and desires of Donald Trump, even continuing as this author and blogger writes.

Republican Tax Plan Will Hurt Middle Class, Promote More Concentration Of Wealth, And Will Kill Republican Majority Whether It Passes Or Not!

Ronald 3 Comments

The Republican Party’s attempt to promote “tax reform” will fail, whether it passes or not.

The likelihood is that Republicans in New York, New Jersey, Illinois, and California will refuse to vote for it, since it ends deduction of state and local income taxes on tax forms in those states.

It is also likely that a few Republicans in the US Senate will oppose it because of other aspects of the plan that make it uncomfortable to support.

The bill would victimize the middle class, and promote greater concentration of wealth in the top one percent and the corporations.

It would harm the white working class voters who put Donald Trump in office in Michigan, Wisconsin, Pennsylvania and Ohio.

The legislation adds $1.75 trillion to the national debt, and cuts so many programs and benefits, displeasing deficit hawks because of the former, and moderates and independents due to the latter.

Charities will be harmed by the legislation, and home builders and real estate agents will be affected by limits on mortgage interest deductions, making people less willing to buy homes, and instead to rent their housing.

Corporations will gain the most from the legislation, and many Americans are angry that many corporations already pay little or no taxes.

The legislation would also hurt Obamacare in a different form, even after failure to repeal it earlier this year, and no replacement is offered for millions of Americans who benefit from it.

The end of the estate tax, which affects so few people, also will displease the average American, who does not understand why all inheritances should be untouched in any way by taxes, as wealthy people have a responsibility to pay their fair share in life, as well as at the end of life, rather than pass on tens of millions to their heirs, without any responsibility to contribute to the future of American society.

Also, medical deductions would be limited, and students who have massive loan payments would not be able to deduct any of them on their tax return, undermining the sick and the young.

One can expect that this legislation will not pass, and therefore will harm the Republican Party, but if somehow it does pass, it also will harm the Republican brand in the 2018 midterm elections!