Phil Gramm is a piece of shit.
http://www.huffingtonpost.com/max-blumenthal/phil-gramm-may-be-gone-bu_b_112781.html
While I don't believe the President has a lot of power over the economy, the President certainly can fuck things up.
The libertarian in me is sickened by politicians like Phil Gramm, because he's completely disingenuous. One side of his mouth claims to be libertarian towards the economy, but the other side meddles with it, passing laws that make it easier for his buddies to make money at the expense of others.
You know who those others are. You and me. The "whiners."
http://www.politico.com/blogs/jonathanmartin/0708/Phil_Gramm_to_Americans_Suck_it_up.html
(Side note: Notice how he also kicked those with mental illness into the gutter by implying that people who are diagnosed with depression are also whiners? That's a digression though...)
This wouldn't be news, really, except that Phil Gramm was, at the time he made those comments, John McCain's top economic advisor. Only after these comments was his role int the campaign reduced. That's right. He's still advising McCain on economics, but, I suppose we're to believe he's whispering in his ear fewer times each day.
Don't be fooled into believing John McCain is anything close to a libertarian on economics. To simply correlate libertarianism to tax rates is absurd on its face. For politicians to claim they are libertarian just because they want lower tax rates is completely disingenuous, or, worse, reflects a complete lack of understanding of both economics and libertarianism.
The people getting fleeced by politicians that line the pockets of themselves and their buddies, while destroying the economy for the long-term, are not whiners.
And it's an insult to say that the "official" definition of a recession (I won't bore you with it) tells us we're not in one. Quite frankly, I don't care what you call it, but I call it a "train wreck." There, that's better. Is Phil Gramm happy now that I don't call it a "recession"?
How dare such people talk down to the ones who have a constitutional right to accept or reject politicians. We have a right to judge the performance of politicians, or have those politicians forgotten that?
American voters, collectively, are smart. It seems to me that they get it wrong when they're lazy. And that's, I believe, what is annoying Phil Gramm. Us voters are supposed to be lazy, and when we're not, we're whiners.
We are not whiners. We are voters. And, intuitively, we see the train wreck. The train wreck that people like Phil Gramm helped set in motion, to their benefit and to our detriment.
No, we are voters. And we're fighting back.
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