Wednesday, March 9, 2016

Shifting Political Alliances

From the 1950s to the 1970s, Big US business interests aligned with US employees.  Voters felt that if candidates we ok for Big Business, these candidates were ok with the voters.  Lots of voter observations reinforced this alliance and the US government enjoyed the peace and quiet.  Voters noticed that local business leaders would run for and serve in elective office and they handled the local issues fairly well.

That’s not to say that there wasn’t a load of unconstitutional treason being perpetrated in the federal government during these years.  Lots of destructive things were started between the 1950s and the 1970s that would result in our eventual economic and sovereign demise.  We did notice that our congressional politicians seemed to campaign as two different Parties, but they governed like One Party.

There were failures throughout the 1950s to 1970s, but employment only became a problem in the late 1970s. There were Fed caused bubbles, interest rates went up and down, Lyndon Johnson overspent on the war on poverty and the 10 year long Vietnam war, prices doubled on everything in the 1970s and housewives went to work, but wages went up with inflation.  The US had quality problems with its automobiles and gasoline prices soared.  Foreign imports got better mileage and became more popular.

Ronald Reagan was elected in 1980 and the congressional nonsense stopped for 8 years.  Federal spending went up, but Reagan’s lower tax rates and increased economic activity grew the US economy enough to keep the National Debt low.

In the 1980s, we heard more noise coming from Big Business insisting on “diversity” and touting the “global economy”, but all of us in business were increasing our exports.  International Standards started to emerge requiring process mapping for ISO certification to qualify to export.  By the 1990s, our Big companies were now “global companies”. We saw our Big companies distance themselves from their employees.  US trade associations became International. Political correctness ruled.

This alliance break between employees and employers was obvious.  Big companies aligned with big government under the “global” tent.  The US management who let US industry get into trouble with higher than market wage rates and unsustainable pension plans was replaced by managers who were ready to break the social contract with employees. 

Bribery became the order of the day.  Crony companies aligned with government to capture their markets.  CEO pay went through the roof.  Campaign contributions went through the roof.  Our Big banks were allowed to gamble with $300 trillion in derivatives with money that doesn’t exist.  The federal government went rogue and continues to attack citizens, seize their land and their cash and their bank accounts and farms and ranches and businesses.

The US government had already aligned itself with the UN, so US businesses, the US Chamber of Commerce, the US government and the UN formed an alliance that resulted in UN Agenda 21 in 1992, based on the “global warming” scam.  Excessive immigration soaked up the dearth of jobs left in the US and by 2014 US household income was down $6000 a year.  We now have almost 100 million working-age US citizens with no jobs.  US Wages are lower, so if we get unsustainable regulations off the table, manufacturing could return to the US.  When oil prices rise, the US will get a break on our trade deficit. The global economy is in decline.  All Western countries are at maximum debt levels.

The US government has taken over the lending industry and provides student loans and mortgages.  US consumers spend $11.2 trillion a year. Total credit has soared to $57 trillion. US citizens are living on credit, not earnings. This bubble will break when lenders realize they will not be repaid.  That would turn the US into Venezuela, with no cash for groceries.

We need to borrow less, spend less and restore the Private Economy in the US. We need to get self-sustaining as individuals, families and as a nation.  We should not spend on flaky government schemes or fluff. We need freeze the National Debt and begin to repay principle along with the interest.  As citizens, we need to focus on improving our national sustainability and determine if we can produce our own goods and services without the big global businesses.

We failed to make our elected officials obey the “laws of economics”. We let government subsidies take over private sector industries away from the “Private Economy” where buyers pay their own bills and keep prices determined by the “market”.  Government subsidies for healthcare and education have pushed the prices for these industries way beyond their actual value. 

Norb Leahy, Dunwoody GA Tea Party Leader



No comments:

Post a Comment