Saturday, June 09, 2012

So Timid

I really don't understand why Democrats are so timid and why Republicans are so brave. I am especially confused because Republican positions are mostly unpopular generally. And in many cases, Democrats could make a really strong argument if they had some courage.

Take the recent testimony before Congress by Ben Bernake. The summary is that Republicans pressed him for less action - less monetary stimulus - while Democrats did not press him to do more.

This is crazy. Republicans are saying the economy is in bad shape because of Obama, while opposing both fiscal and monetary policy - opposing everything that could actually help. And Democrats are doing nothing.

In a previous post, I had argued against someone who thought that the problem is that Democrats want fiscal stimulus and Republicans want no stimulus. Maybe I was wrong. Maybe it is only the liberal economists that want monetary stimulus, but liberal politicians want... nothing? fiscal stimulus? I don't know what they want because they are barely saying anything. 

I just continue to be amazed that Republicans are strongly arguing for far right policies. And all Democrats can muster are a few general populist messages but are too scared to articulate an approach from the left. Paul Ryan has a far right budget plan. Where is the plan from the left?

This is why Republicans can win in November: not because their ideas are more popular, but because Democrats lack the courage to have a real debate.

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