Hear me out. Sure, the public is indignant about our current state of affairs, especially the mushrooming deficits that have pretty much sealed our national bankruptcy (in my humble opinion). What worries me, though, is what needs to be done to fix the problem. I personally don’t see any solution except to administer massive haircuts to the very entitlement programs that have become sacrosanct in the minds of our citizenry. Sure, everybody talks the talk about wanting to reduce deficits, as long as you don’t touch their own pet programs: Social Security, Medicare, Medicaid, Pharmaid, Farm Programs, School Aid, Home Mortgage aid etc. ad nauseum. However painful, retrenchment is coming, either through political reform, through inflation, or through simple bankruptcy and a government failure to pay-up. This is made even worse by the fact that more and more beneficiaries of these programs don’t pay for them, so they have no longer have skin in the game.
Now, one of the rules in our politics is that while budgets and policies are often driven by Congress, it is the President that gets the blame or credit for what happens under his/her watch. Recall, that the economy took off when Bill Clinton was forced to answer to a Republican congress. Clinton got the accolades. The economic damage under Bush didn’t begin until the Democrats took over Congress. Bush got blamed! With a Republican in the driver’s seat, the Republicans will take all the blame for the harsh medicine that must be administered and be promptly voted out of office. With a Republican Congress working against a weak Democrat President, I say let the weak Democrat President be the pinata.
So, what do you think? Are we better off with a Republican President and Republican Congress, or a weak Democrat President and strong Republican Congress?