ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Republicans' Failed Ideas

Updated on July 19, 2015

Political pundits have posited America has move slightly to the left on some issues. The Great Recession, if anything, crystallized the inexorable consequences of economic inequality. Democrats and Republicans are- having seen millions of men and women, many of whom are Black and Brown people, perished in overcrowded prisons under the most under horrible conditions- seriously considering reforming our inane prison system, a step, I think, in the right direction. The swing to the left, if you want to call it that, is not any random occurrence or, say, accident. No, I say, Americans are beginning to apprehend many conservative ideals, fantasies, and nostrums are the root to many of today’s issues. Since the 1980s, conservatives’ beliefs, as unfounded and simply stupid as they are, dominated the political discourse. So, since I have a little time, I want to explore, if you will, some of these epic failures.

The Economy: Since the time of Ronald Regan, conservatives consistently propagated the notion of tax cuts, based on the theory if wealthy Americans’ taxes were significantly reduced, they will have more money to invest-either in their own companies, like for hiring more workers, or in other business ventures- or spend on goods. When the elite start investing or spending, the money will somehow, nobody actually knows how- trickle down to the rest of the labor bracket, the essence of supplied-sided economics. Regan slash taxes, cut spending on programs for the needed while lambasting and denigrating welfare recipients. The private sector, they believed, will inevitably stimulate the economy. Bill Clinton, despite his political prowess- perhaps the most overrated Democrat today, was instrumental in deregulating the banking industry, eviscerating laws such as Glass-Steagall. In the early 2000s, George Bush cut taxes for the wealthy, even during times of war, giving the business elite additional money, widening the gap between the haves and have “nots”. Let's fast forward to 2008, the Great Recession, as a sledgehammer, hit America, devastating the economy, causing millions of people to loss their jobs. Investment Banks, of course, made bad bets on poor financial instruments like subprime loans. Many of the banks' activities, mind you, would not have been legal prior banking deregulation. Oh, and let’s not forget the nice bailouts they received.

Americans, after understanding the causes of the Great Recession, seem to understand the benefits of smart regulation. The majority of Americans want to see more stringent banking regulations and want to see an increase of minimum wage in order to address inequality. The Republicans, I’m afraid, still haven’t seen the change in opinions. Scott Walker, presidential hopeful, for example, called the Democrats’ proposal for a minimum wage increase lame. Yeah, we still have ways to go.

The Prison System: In the 1971, President Nixon, perhaps the last liberal president, declared a war on drugs and crime; ever since then, America has spent billions of dollars in incarcerating Americans, particularly minorities and poor Whites. America hitherto has the highest prison population of any free, using free loosely here- industrialized society. Bill Clinton, appeasing middle class America and not to appear "soft" on crime, a common fear among Democrats, gladly supported the three strikes law, which, in a nut shell, promoted mandatory sentencing. Taxpayers spend roughly 80 billion dollars annually locking people up, most for nonviolent crimes. Americans logically want reform because they're beginning to understand locking people up is not a panacea for crime. Republicans, like Rand Paul, has been supporting prison reform. Barak Obama became the first president to visit a federal prison just yesterday, something I thought, with all the years of hearing criminals being castigated and depicted as subhuman - impossible. The tide is turning, I hope, for the best.


http://www.huffingtonpost.com/2014/02/06/minimum-wage-poll_n_4733302.html

http://www.usnews.com/opinion/blogs/economic-intelligence/2013/09/16/poll-shows-americans-want-more-wall-street-regulation-five-years-after-the-financial-crisis

http://www.ibtimes.com/american-criminal-justice-reform-aclu-poll-says-majority-americans-want-change-obama-2010627


Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)