Thank God for the British Electorate

January 20th, 2010 by The Parallax Brief

The big political news overnight from Stateside was that Republican candidate Scott Brown defeated his Democrat competitor Martha Coakley in the traditionally left wing state of Massachusetts to take the late Ted Kennedy’s old seat in the US Senate. The result is a devastating blow to the Democrat party: psychologically, the best British analogy might be if a Labour candidate had taken Kensington and Chelsea ahead of Michael Portillo after the death of Alan Clarke, and legislatively it means the Democrats no longer have a filibuster-proof majority in the Senate, which will allow the GOP to block healthcare legislation.

The Parallax Brief has wondered for a while how the Republican Party has gotten away with the manner in which has conducted itself in the aftermath of its crushing election defeat to Barack Obama in 2008. The lies, perfidy, demagoguery, scaremongering, and hypocrisy from the right wing media, and the congressional party itself, has been breathtaking. Worse, the electorate is obviously falling for it.

Andrew Sullivan, the libertarian-conservative commentator is not, and he explains on his blog for the Atlantic (more…)

What Sarah Palin Can Teach Britain

November 17th, 2009 by The Parallax Brief

The Parallax Brief has a guilty secret: he is addicted to American politics. He finds its intoxicating mix of lofty ideals, snarling populism, Congressional dilatants, breakneck pacing, and great statesmen utterly irresistible.

In fact, he believes that a political wonk who tires of listening to great American rhetoric is a political wonk who has tired of politics.

One American politician who likely will not join Abe Lincoln, Jack Kennedy and Ron Reagan in the pantheon of great American speakers, however, is Sarah Palin. Yet she does encapsulate the return of slobbering, populist demagoguery to the American conservative mainstream.

The Palin phenomenon is something that we in Britain must guard against — and not just because it really wouldn’t do to have dim-witted, narcissistic, lying ignoramuses of quite Palin’s stature influencing British public policy from Westminster.

In his review for Newsweek of a Palin biography, Christopher Hitchens explains why.

The Palin problem, then, might be that she cynically incites a crowd that she has no real intention of pleasing. If she were ever to get herself to the nation’s capital, the teabaggers would be just as much on the outside as they are now, and would simply have been the instruments that helped get her elected. In my own not-all-that-humble opinion, duping the hicks is a degree or two worse than condescending to them. It’s also much more dangerous, because it meanwhile involves giving a sort of respectability to ideas that were discredited when William Jennings Bryan was last on the stump. The Weekly Standard (itself not exactly a prairie-based publication) might want to think twice before flirting with popular delusions and resentments that are as impossible to satisfy as the demand for a silver standard or a ban on the teaching of Darwin, and are for that very reason hard to tamp down. Many of Palin’s admirers seem to expect that, on receipt of the Republican Party nomination, she would immediately embark on a crusade against Wall Street and the banks. This notion is stupid to much the same degree that it is irresponsible.

[…]

Once again, one is compelled to ask which would be worse: a Sarah Palin who really meant what she merely seemed to say, or a Sarah Palin who would say anything at all for a cheap burst of applause. This is not a small matter for the Republican Party… The task and duty of a serious politician, as Edmund Burke emphasized so well, is to reason with such people and not to act as their megaphone or ventriloquist.

In pandering to the base, illogical intolerances and desires of relatively small groups of society, politicians and media groups give both credence to abhorrent resentments and build up hazardous popular expectation that these resentments will be satisfied should power be attained.

And, judging by recent American experience, where a whole political party and section of the media have decided to take this course, it has also muddied the waters of truth, triggered legislative constipation and debased politics and politicians.

Daily Mail be warned.

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GOP Deliberately Bogs Down Healthcare Debate by Talking Over Speakers, Making Endless Procedural Objections

November 8th, 2009 by The Parallax Brief

They say Westminster is boisterous, but this is ridiculous. The Republican Party decides to bog down the Democratic Women’s Caucus speakers by making endless interruptions for Parliamentary points of order, objections and plain talking over the speaker.

From Matt Yglesias:

Amazing. The GOP and conservative right really has plumbed some depths on the healthcare debate. But it’s hard to know exactly what this achieves other than making the Congressional Republican Party look really pretty shabby.

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Shocked by the Length of the US Road to Recovery

November 8th, 2009 by The Parallax Brief

A recent Paul Krugman blog post shocked the Parallax Brief by making plain just how far the United States — still responsible for a huge portion of global GDP, lest we forget — still has to go toward recovery. To illustrate the point on unemployment, Mr. Krugman, Nobel Laureate for Economics, used the salad years of the Clinton Administration as a benchmark of ‘high’ growth.

Over that 8-year stretch, real GDP grew at an average annual rate of 3.7%. (Did you know that? My sense is that very few people realize just how good the Clinton-era growth record was). Over the same period, the unemployment rate fell from 7.4% to 3.9%, a 3.5 percentage point decline.

So if we take 3rd quarter growth to be more or less equivalent to average Clinton-era growth, even after 8 years of growth at that rate we’d only expect unemployment to have fallen from the current 9.8% to a still uncomfortably high 6.3%. It would take us around a decade to reach more or less full employment.

The Parallax Brief gulps very hard and gets a little dry in the mouth when he reads economic stories like that. It just shows for how long developed economies are going to be reeling for the blows dealt by the financial sector in the west, and the prospect is rather frightening.

However, more important, it also makes absolute folly of the monetary hawks itching for an increase in interest rates, as well as those fiscal conservatives demanding savage cuts in public spending.

We’re nowhere near ready for that yet, either side of the Atlantic. The Parallax Brief wonders if George Osborne has enough time between organizing the Conservative election campaign and liaising with spin-doctors to read Mr. Krugman’s blog?

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