How to Leverage Right Wing Plans into Liberal Success Stories

By James A. Kidney There is lots of fear, angst and anger about Trump in Congress, in the blogosphere, in op-eds and on “the street” among us little folk.  But all of us could exercise a little intelligent strategizing on how to deal with the reality of President Trump in addition to protesting and complaining. Let’s use our economic power. Here is a look at an alternative way to deal with two Trump proposals, one announced and the other circulating in draft, if either becomes policy or law.  On these, as well as other proposals, liberal wealth could be used to leverage the right wing agenda to reduce its influence and elevate better ideals of freedom and liberty. One of these proposals is the one Trump announced while pandering to the right wing “Christian” crowd at the annual White House prayer breakfast.  Trump said he plans to “destroy” the 64-year-old … Read more of this post . . .

Make Real Economic Change: Raise Taxes On the Rich — A Lot

By James A. Kidney  Now that the major party nominees are chosen, the economic pundits are making their recommendations on how to boost what remains a moribund economy. Despite recent months of reported job increases and a slight uptick in average pay last month, few believe the economy is robust or expected to be so.  See also here (pay wall).  The reasons — and proposed cures — depend on your politics, of course.             Where the Candidates Stand Donald Trump this week proposed the usual failed trickle down policies.  He wants tax cuts for the wealthy, including elimination of the estate tax (which effects about 0.2 percent of citizens).  He would increase the earned income tax credit, which is a pure redistribution of a little income to the poor which does not create jobs.  He would provide only a tax deduction for child care — which means you have to … Read more of this post . . .

Military Might: Who Will Pay For It? Who Will Serve?

By James A. Kidney

       Every GOP presidential candidate except Rand Paul and, possibly, John Kasich, claims he or she will order a more muscular U.S. military presence wherever there is a perceived threat anywhere in the world, as they boldly asserted during the third debate Tuesday night.  (The Bloviating Donald said he would stay out of Syria for now, but otherwise seems inclined to toughen our policies by yelling at everyone.)  If their propositions are to be taken seriously, then the military needs more money and more able bodies.  But the frivolousness of their stated positions is proved by the fact they will offer up neither cash for costs, which would require higher taxes or add to the deficit, or bodies, through conscription.

As the respected Washington Post columnist David Ignatius remarked in a recent piece, “President Obama’s foreign policy has been a regular punching bag for Republican presidential candidates, but many of their criticisms are facile.  The next president – from whichever party – will have to confront the same puzzle that Obama has faced about how to best use U.S. power in a world that resists military solutions.”

But, the candidates say, never mind the complexities.  “Bulk Up, America!”

The Cost of a More Muscular Military Is High

Conservatively, the cost of our wars since 2001 has been nearly $1.7 trillion.  This only includes the costs specifically assigned to those wars, not the many more trillions spent to support the war effort and national security throughout the government.  For example, separately, the costs for Homeland Security military2_bigare estimated at $653 billion.  The Pentagon budget and related national security spending for FY 2015 was $598 billion, or 54 percent of all federal discretionary spending.  The new spending bill signed by the President this week provides for a $607 billion Pentagon budget.  According to the National Priorities Project, which tracks federal budget expenditures, U.S. military expenditures are “roughly the size of the next seven largest military budgets around the world.”

Read more of this post . . .Military Might: Who Will Pay For It? Who Will Serve?

%d bloggers like this: