Imitation Saccharin post=18.74255.828640 said:
SNIP
Lobbyists are hated (at least rhetorically) by both parties, so I fail to see how this applies to Obama especially.
SNIP
So if that much control exists, why the vanishing corporate benefits? The massive balloon of executive pay?
Surely the first thing the standard politico would do would be to fix those two?
SNIP
This is extremely vague.
SNIP
Again, if you are not engaging in hyperbole, why has this not already happened?
SNIP
If this holds true, EU nations should be locked dead. They are not.
Dang, a quote tree. I'll take these in order to avoid doing the same.
Lobbyists are not hated by either party. You could make the argument that each side hates the other side's lobbyists, that's about it. It applies slightly more to Obama only because the Republicans have to give at least lip service to preferring private market solutions; Democrats do not.
I don't know to what "vanishing corporate benefits" you refer. As to the issue of executive pay, Obama may well decide to limit executive pay by confiscatory tax rates. As always, however, expect lots of exceptions to be written in. As government control increases as it definitely will under Obama (and probably will under McCain), corporate welfare will inevitably increase. As corporations are increasingly shielded from consequences, expect executive pay to increase.
Conservatives believe government is a necessary evil and that the free market and individuals acting in their own best interest make America great. Liberals believe the free market and individuals acting in their own best interest are necessary evils and government makes America great. Republicans, counting on many conservative votes and few liberal votes, have to at least pay lip service to smaller, less intrusive government. Democrats, counting on many liberal votes and few conservative votes, do not have to pay lip service to smaller, less intrusive government. Democrats are therefore much more free to introduce new and larger government programs and increased government control and regulation. Obama, being both a Democrat and the most liberal senator in the Senate, can therefore be expected to introduce more government control, both in increased regulation and in increased corporate welfare, by simply looking at the programs each party and each end of the political spectrum have actually introduced and supported. If this is vague, you don't follow politics in the USA.
The re-distribution of income has been happening since before World War 2. We have welfare programs, Earned Income Tax Credits, economic tax rebate incentives based not on how much tax you have paid, but simply on whether you paid any tax, and most of all, the progressive tax system by which my boss pays not only more tax than I do, but also a proportionally higher tax rate. All these things are re-distribution of wealth where government takes more from one person, takes less from a second person, and gives to a third person to make wealth more evenly distributed. I'm not saying this is totally bad, but it's asinine to not admit it's happening.
People in EU nations are indeed less likely to move up or down in socio-economic class than are Americans, simply because EU nations provide more support and confiscate more wealth. This makes it more difficult to accumulate the capital needed to start a small business GIVEN THE SAME PER-CAPITA WEALTH, but also means that children of the poor start out at less of a disadvantage than do children of the poor in the United States. Again, to what extent you want to reward hard work and good ideas versus equalizing results and protecting the downtrodden will depend on which system you prefer. However, the effect of the US crash on EU markets and banks makes it pretty clear how much EU wealth is generated in the USA. If you don't believe that, try asking Archon how many hours a week he puts in, especially as this was getting off the ground. Success within capitalism comes from good ideas and a lot of hard work; 35 hour work weeks and six weeks of vacation don't get you to the top. Equalizing results and protecting the downtrodden may be noble, but it inherently leaves a lower average. In the case of the EU nations, they are able to lean on US military spending for protection and utilize US markets for profits. When the USA becomes, in effect, an EU-style country, there's going to be a need for EU nations to make radical changes to avoid recession.
Axia, did you notice that a much higher proportion of Democrats than Republicans voted for the bailout plan? I blame it on both parties, although I don't even mind the bailout, which probably had to be done, as much as Congress' total lack of addressing the underlying causes, much of which was directly caused by government actions. Without changing the system or punishing those who acted irresponsibly, the system will only march toward an even bigger crash necessitating an even bigger bailout. THAT is what pisses me off.