
Two key measures, one local and one statewide, are on the May 18 ballot.
"Conservatives and Republicans today suffered their most crushing legislative defeat since the 1960s.
It’s hard to exaggerate the magnitude of the disaster. Conservatives may cheer themselves that they’ll compensate for today’s expected vote with a big win in the November 2010 elections. But:
(1) It’s a good bet that conservatives are over-optimistic about November – by then the economy will have improved and the immediate goodies in the healthcare bill will be reaching key voting blocs.
(2) So what? Legislative majorities come and go. This healthcare bill is forever. A win in November is very poor compensation for this debacle now."
The Republican Party boasted that it was the "big tent" party, made up America's "melting pot" inviting those with opposing views.
Well, that big tent is shrinking to the size of a pup tent.
The Republican Party doesn't want African-Americans or Mexican-Americans or any other persons who use a hyphen to describe themselves. They don't want homosexuals or women. Christians are preferred, but not Mormons.
With Richard Nixon's victory in 1968, the party went after the white Southern Democrats. Ronald Reagan captured them all in the 1980s. On the Democratic side, we said "thank you" for taking away the racists.
The Republican Party is now mostly white, mostly male and still corners the market on the wealthy.
The Tea Party movement aligns with Republicans and vice versa.
The Republican Party has thrown its lot in with the "hate radio" crowd and unfair and imbalanced Fox News.
Frum had a good line recently when he said, "Republicans originally thought that Fox worked for us, and now we are discovering we work for Fox."
Republicans are also discovering that bigotry and intolerance are not the ways to attract more members. Republicans, by refusing to work with Democrats, reveal that the party is not worthy of governance.
And, the party doesn't much care for Republicans who disagree with their orthodoxy. People like David Frum.
To close on an upbeat note, Stephen Colbert had a brilliant interview with Frum the other night. Watch it here for a good laugh.
Republicans will undoubtedly make extravagant claims about the detrimental economic effect of these higher taxes. When one hears these claims, however, it is worth remembering that they said the same things in years past and none of their dire predictions came to pass.
According to a recent Treasury Department study, Ronald Reagan proposed the largest peacetime tax increase in American history as part of a budget deal to get the federal deficit under control. The Tax Equity and Fiscal Responsibility Act (TEFRA) of 1982 was signed into law on Sept. 3, and most of its provisions took effect on Jan. 1, 1983.
During debate on TEFRA, many conservatives predicted economic disaster. They argued that raising taxes in the midst of a severe recession was exactly the wrong thing to do. "Every school child knows you don't raise taxes in a recession unless you want to make it worse," The Wall Street Journal's editorial page warned. Said Rep. Newt Gingrich, "I think it will make the economy sicker." The Chamber of Commerce of the U.S. said it had "no doubt that it will curb the economic recovery everyone wants."
Looking at the data, however, it is very hard to see any evidence that TEFRA had a negative effect on growth. Indeed, one could easily make a case that its enactment stimulated growth. As one can see, the economy's growth rates after TEFRA took effect were among the fastest in history."
The brilliance of Reagan, though, was to push the tax burden away from the very rich and down to the unwashed masses. It was called the "trickle-down theory."
Over most of that period, government policy and market forces have been moving in the same direction, both increasing inequality. The pretax incomes of the wealthy have soared since the late 1970s, while their tax rates have fallen more than rates for the middle class and poor.
Nearly every major aspect of the health bill pushes in the other direction. This fact helps explain why Mr. Obama was willing to spend so much political capital on the issue, even though it did not appear to be his top priority as a presidential candidate. Beyond the health reform’s effect on the medical system, it is the centerpiece of his deliberate effort to end what historians have called the age of Reagan."
Well, ending the age of Reagan is going to take a lot more than this health care reform bill. As billionaire Warren Buffett said a few years ago when Democrats were accused of inciting "class warfare," Buffett said there is no class warfare, we won. We, meaning of course, the ultra rich.
That is why conservatives like Krauthammer push for a regressive tax like a "value-added tax" (VAT), which is essentially another sales tax. Krauthammer calls it the most fair tax, but it really means that those on the lower end of the tax spectrum will pay a greater share of their income than the super rich will from this VAT.
Now, I'm not advocating returning to the days of 90 percent tax on the rich. Nor do I think the VAT is inherently wrong.
The crux of the matter is this: We want to wage war, educate all our kids through college, take care of everyone's health and give social security to our seniors, but we don't want to pay for much of it.
That is Reagan's true legacy: We can have it all, because deficits don't matter.
Well, we're finding out that they do, particularly when our former adversaries, the Chinese, control our deficit destiny.
The truth is that if we want something, we should be willing to pay for it because freedom isn't free.
Or as Oliver Wendell Holmes Jr. said, "Taxes are the price we pay for civilization."