Last night I listened to excerpts from the RNC convention--day 1--after the night's events were completed.
Ms. Romney's wife spoke. I heard her say Romney (her husband) "will not FAIL!" But here's the critical point: I was expecting her to finish the sentence with a "YOU," making the sentence end, "will not FAIL YOU!" After all, he's trying to appeal to the US electorate and should be promising he will not fail them, i.e., he's concerned with measuring up to their expectations of him. That she ended the sentence without an acknowledgement to her listeners of his concern that austerity will certainly affect their well being, suggests to me he's simply going to do the "business job" of putting the federal government's house in order, irrespective of the toll it may take upon the US citizenry. So, I came to wonder if his austerity program, implied though unspecified with details, simply would solve the US financial problems, no matter how burdensome the undertaking might become upon the middle and lower classes.
Then, I listened to excerpts of Governor Chris Christie's keynote address. I got the impression that Christie was engaging in speculation how drastic Romney's austerity program is. Admittedly, Romney has endorsed aspects of the Ryan budget as approved by the House of Representatives. If that budget were to be enacted, Medicare would be gutted eventually--in the next 20 years or so (for the sake of its preservation!). Nevertheless, Christie's vision of the Romney attack on federal, governmental spending was so horrendous that, if it were anywhere near to being authentic, would constitute sufficient reason to reject Romney's program forthwith without its gory details. Indeed, I think Christie, in delivering that speech which bespoke dire consequences should Romney control the executive arm of the federal government, was indirectly delcaring his own candicacy for President in 2016!
Well, there's two more days to the RNC convention. Perhaps, Romney will come forth with details as to what he will cut out and what he will save. Will there be a Department of Education, for example? Will the social welfare programs be somehow left to the states to assume? England is attempting to meliorate its austerity program, since its citizenry are being currently "punished" for the financial catastrophe of 2008, which was not their fault, but rather that of its financial institutions, involved in fraud and the manhandling of unregulated derivative transactions.
Nevertheless, it's really not hard to speculate what Romney has in mind for an austerity recovery program that favors the rich: take off as many regulations of business activities as he can get away with; pollute like crazy. Open the spickets of oil and gas reserves; and build as many gateways to bring up ore from the mines. In general, I think he would institute policies that promote the idea that no one should do anything to get in the way with business! His would be a give-a-way of Americana to the corporate world (for the sake of jobs, jobs; jobs). Adam Smith would be proud, for M. Romney is The Wealth of Nations' boy!
Wednesday, August 29, 2012
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