Saturday, November 13, 2010

Gingrich, Clinton, China, and the Tea Party: Two Thoughts on the New Political Landscape

The Gingrich-Clinton Paradox:

Do you remember the good old days...I don't but they tell me they were really good. Every family could have an avocado on their table and every child a cell-phone under their desk. Credit cards were more numerous then dollar bills and China's 40 plus 4 million people cities were not swiftly replacing the memory of a towerless ground zero.

Yet what I wish to remember most is the time when the staunchly conservative speaker of the house, Newt Gingrich, and a Democratic stalwart, Bill Clinton worked together, and succeeded.
Yes Clinton was fulfilling the fantasy of many an aspiring politician. Yes the Republican controlled house, it turns out, had much of its own corrupt political figures. But the country was succeeding and our political class was not getting in the way.

Why?

I am sure some political theorist will pontificate about how I reversed the cause and the effect -it was a booming economy despite the government not because of the government.

However one can just as easily make the argument that the political class had an incentive to work together, and that their work facilitated the nations growth.

The Democrats recent control of both the house and the executive exemplifies this paradox:

As the Executive and the legislative branch were politically homogenous, the republican minority did all it could to obstruct and undermine the majority. They then blamed the majority for their failures despite claiming that "the majority had a real chance, they controlled it all, and blew it". True a minority that is focused on obstruction can be a serious impediment to the majorities success, but the public doesn’t see it that way, and that’s what counts.

On the other hand if there is a legislative-executive split, every party has a real and, even more importantly, obvious stake in success. Obvious, because the public is aware of their control/responsibility. It is one thing for politicians (in this case the republicans) to argue that they were "kept out of the process" as the minority, it is another thing, entirely, to fail when in control.

Now that the the GOP controls the house, can Obama get things done?

I think yes.

Why?

Because now both parties are in power and have a stake in the success of the political class they control. Think Clinton and Newt Gingrich's' "contract with America". In this case it is Obama and the "Take back America"/Tea party.

In short the recent political developments are conducive to plentiful avocados and credit, (I hope this time it will be debit cards) cards. Yes it may be as simple as restoring the the check on the balance. Or, if you will, the reemergence of the Newt Gingrich-Clinton paradox.

Tea-party Ideology May be Good for China Too:

Obama's visit to Americas four major Democratic allies in the region -Indonesia, India, Japan, and South Korea- all of which serve, in part, to hedge in China's spreading power, converts wide-spread public condemnation of China in congress into action.
This makes sense.

Besides China's abysmal human rights record, its menacing attitude to many of Americas Asian allies, and its implicit support for nuclear proliferation/bad actors, in Pakistan, North Korea, and Iran, China is also an aggressive if not unscrupulous global competitor. Of course America is not free of its own foibles and out-right blunders, but I believe in America not China.

Still, despite the rhetoric surrounding currency manipulation and the PLC's increasingly anti-American indoctrination -both issues that the tea-party targeted in their campaign- the tea-parties ascendancy can be interpreted as beneficial to China.

Yes I know that Republicans are perceived as strong on defense-spending and war (please see post on http://factoru.blogspot.com/2010/04/republicans-and-democrates-herd.html) issues that are inherently threatening to China.

But republicans are also against protectionism, cap-on-trade, and pro free-markets.
Even more China gains from an austerity prone House, after all cuts in spending will strengthen the dollar; a dollar that China is invested in to the tune of 1 trillion dollars.

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