Tag: austerity

Will Obama not only take us over the fiscal cliff but also keep us there?

Is it feasible/plausible that Obama will not only take us to the fiscal cliff, but also push us over it and then keep us there? That is, not negotiate any kind of deal with the Republicans at all, not before or after January 1? Unless you assume Obama doesn’t want cuts to entitlements — which I don’t assume; I believe he’s an austerian of Reactionary Keynesianism — think about what he gets if he allows the sequester to go through: higher tax rates, cuts to entitlements, and cuts to defense. That seems like classic New Democrat/Clinton goals. I recognize it would put the economy in danger of recession but Obama’s not up for reelection and modern Democratic presidents have shown […]

Conservatism is Dead…Because It Lives

In the conclusion to The Reactionary Mind, I claimed that conservatism was dead. I wrote that in the wake of the 2010 congressional election, at the height of the Tea Party euphoria, when just about everyone was saying the opposite. Last night, a Harvard professor defeated a faux-populist. A coalition of blacks, Latinos, women, gays and lesbians, and white working class voters in Ohio, Michigan, and Wisconsin, defeated the most retrograde versions of homophobia, sexism, racism, and anti-intellectualism (notice I say only “the most retrograde”). For the second time in four years. I think (hope?) it’s safe to say that The Real America, The Heartland, The Silent Majority—choose your favorite kitschy cliche of the last five decades—no longer governs the […]