With due respect to Time Magazine’s person of the year, they should have made the person of the year a composite image of an ‘aginer’. Someone who is against anything and everything that hints of progressivism. Vaccines that use science to prevent or moderate infections from COVID? Agin it. An extension of the child tax credit? One person may use that to buy drugs, so I’m agin it. Coming up with a way to provide incentives to use renewable energy? When God gave us all of these fossil fuels to mess up our nest? I’m agin it. Fossil fuels were good enough for my parents, they will always be there to fuel our needs.
In a way, the reason so much was packaged into a single bill was due to the intransigence of the “Aginner” party. After 10 years of total opposition to any legislation proposed by Democrats from Republicans, the Democrats recognized they had a brief window of opportunity to enact their priorities. Thus, all of the desires bottled up were packaged into a single bill, and this unwieldy device tottered through the legislative process.
But for some unexplained reason, legislators still seem beholden to Grover Norquist. Instead of admitting the faults with the trickle down philosophy governing our tax system, we seem to forget the days of balanced federal budgets coinciding with tax increases in the late ‘90’s. I still remember the wringing of hands on CNBC when they were worried about the impending dearth of treasury bills for those who needed an ever-increasing stream of debt instruments. Of course, those tax increases were swiftly reversed during the reign of W. And thus we’ve had a string of deficits extending from the early years of this millennium to as far ahead as the eye can see. It is amazing the resistance to raising taxes which exists in our ruling class.
So we in this country value capital over labor. That is why the preference for capital is so entrenched in our tax code. I might actually be in favor of a flat tax, if it treated income from capital the same as income from labor. And if the rate were set so that it did balance our expenditures, and we were forced to change the rate annually to account for differences in spending rates. Like that will ever happen!
Meanwhile, we just keep on keeping on, leaving future catastrophes to overwhelm us in their time. Social Security being imbalanced? Well, as long as we have those fictitious bonds in the federal lockbox to balance the spending, we can continue to inflate the money supply to send money to seniors. (Full disclosure – I receive a Social Security benefit at the upper end of the benefit distribution). Climate change costing us more and more? Just let insurance cover the effects, don’t worry about the cause. All of those people living in poor countries on the margins of the seas? They never have mattered, so why worry about them now.
Ah, but those poor rich people in Miami Beach. Time to worry about blue sky flooding, where inexorable sea level rise is reflected in salt water intrusion under the expensive beach front properties. Even Governor DeathSantis is worried about flooding in Florida, enough to propose hundreds of millions of dollars to strengthen the state’s infrastructure. But none of this liberal ideology sticking its camel’s nose under the state’s tent. No, this will be good ole concrete and drainage systems that will stop the sea’s rise in its tracks.
Miami. Charleston, South Carolina. Virginia Beach / Norfolk Virginia. The locations where clear sky flooding are the harbingers of sea rise to come in this country. Still, it is apparent that Republicans will continue to thumb their nose at the true causes of sea level rise, and instead choose to spend billions and billions of dollars to fight a vain and ultimately losing battle against the inexorable enemy of the sea. Meanwhile, an attempt is being made to make the national flood insurance program reflect the costs it incurs in dealing with not only tropical storm flooding, but increased floods upstream from unprecedented storms like my state of West Virginia suffer. The areas that flooded in West Virginia 2016 and Tennessee in 2021 were not highly flood prone areas, but when you are dealing with available moisture, a few degrees of dew point rise can unleash feet of rain in single storm events. So what will happen when the flood insurance premiums rise? The howls unleashed will cause legislators to force the federal agencies to rescind the increases, and one more cost will be amortized across the entire population of the nation.
It is very likely that control of the US Congress will revert back to the Republicans after the 2022 elections. What we’ve seen to try to counter that reversion is a flurry of legislation to attempt to alter the trajectory of this country, since the Reagan administration set the people against the Federal Government. As long as one side of the political spectrum only sees evil and laziness in the lower income brackets, we will continue to have policies that favor the fortunate few instead of policies aimed at improving the lot of the many who find themselves at the lower end of the income distribution. We seem destined to continue our trip into plutocracy, where those who are the true beneficiaries of government policies, convince the masses that cultural issues are all that matters, and it is the Godless liberals who are the true enemies. One wonders how long this misrepresentation of Biblical principles will continue. But in the famous words of H. L. Mencken, “No one in this world, so far as I know – and I have searched the records for years, and employed agents to help me – has ever lost money by underestimating the intelligence of the great masses of the plain people”.
Even one hundred years ago, the foresight of this sage stands out as describing our current situation perfectly. One may ask, who is the Mencken of today? And would anyone listen to that person and heed their words?