Obama’s magic spell goes awry, accidentally revives Reagan
It's a lot like the plot of "Jennifer's Body" -- with the part of Megan Fox played by tax cuts for the rich
Topics: Democratic Party, Barack Obama, Ronald Reagan, Wall Street
U.S. President Barack Obama speaks about financial reform after his meeting with Presidential Economic Recovery Advisory Board Chair Paul Volcker (L) at the White House in Washington January 21, 2010. Obama proposed stricter limits on financial risk-taking on Thursday in a new populist-tinged move that sent bank shares lower and aimed to shore up his own political base. REUTERS/Kevin Lamarque (UNITED STATES - Tags: BUSINESS POLITICS HEADSHOT)(Credit: © Kevin Lamarque / Reuters)After months of struggling to find their footing, it looks like the GOP has finally found an effective spokesman. Since Republican leaders unveiled the reanimated corpse of Ronald Reagan at a fundraiser last week, the undead former president has quickly emerged as the new face of the Republican Party. — The Onion
That line from a recent satire perfectly captures the moment’s political zeitgeist — except for one detail: Republicans aren’t responsible for the revival of Reaganism. Democrats are.
That is the moral of Massachusetts’ U.S. Senate election this week. In a state where Democrats outnumber the GOP by a 3-to-1 margin, little-known Republican Scott Brown defeated Democratic Attorney General Martha Coakley with an ancient Reaganesque message demonizing the government and taxes.
Why did this tired old Republican tactic suddenly work? Because Reagan’s vote-eating cadaver is now stalking the land, thanks to the Democrats’ odious new worldview.
In 2009, Democrats made it clear that their idea of government is radically different from the one embedded in their legacy and campaign promises. They unleashed what the Nation’s Chris Hayes calls “corporatism” — an agenda that fuses public and private sectors, replacing Rooseveltian regulations and LBJ-esque social safety nets with taxpayer-funded bribes of rapacious business interests.
Under Democratic corporatism, “government” is not what it used to be — it is not tough financial rules or public programs like Medicare. Instead, “government” now means giving public dollars to private banking, insurance and drug firms, and then hoping (but not mandating) that such largesse compels those companies to change.
This public-private collusion, it must be noted, is not limited to one of the two parties — in today’s money-dominated politics, they both champion it when in power. Additionally, corporatism is neither “left” nor “right” — Barack Obama’s bailouts are no more “liberal” than George W. Bush’s corporate welfare bills were “conservative.”
The difference is that unlike business-affiliated Republicans, Democrats in 2008 explicitly pledged to fight such state-sponsored larceny, and America sees their subsequent betrayal as an unseemly attempt to feign concern for voters while enriching the party’s corporate donors.
David Sirota is a nationally syndicated newspaper columnist, magazine journalist and the best-selling author of the books "Hostile Takeover," "The Uprising" and "Back to Our Future." E-mail him at ds@davidsirota.com, follow him on Twitter @davidsirota or visit his website at www.davidsirota.com. More David Sirota.


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