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After the Bust

Looking to the Future

A Government Spending Backlash?

Posted by admin On April - 17 - 2009

Anti-government, anti-right wing protests?  I guess that those descriptions of the Tea Party rallys all over the country this week didn’t strike me as being entirely off the mark.  I can understand that a backlash is building against the rampant spending that appears to be the “solution” to the financial crisis.

It is my guess that this wave of dissent will evaporate if thing begin to return to normal, which is relatively unlikely.  What is more probable is that Tea Parties may be the infancy of a much larger dissent that could develop if thing become worse.  It appears that the President is about to attempt making radical  changes to the tax system, healthcare delivery and possibly to energy policy. 

I don’t know that anyone can predict what the outcome will be to these well intentioned changes, but if you are listening to the press, there is already talk about some individuals leaving the country to escape what may become (in their opinions) harsh, penalty-like income re-allocations. 

Change is a great mantra that may help you get elected, but few people may have understood what “change” entailed in the mind of the Democratic leadership.  If you are sure that you are on the wrong road you assume that another one has to be better, but that is not always the case.  I’m not saying that we went from the wrong road to another wrong road, but at this point I can’t see that the one that we are headed down is better.

One thing is for sure, change is never easy.  Another thing is for sure, if you protest what the government is doing loud enough you may become labelled as an aggitator subject to investigation or harrassment.  It’s not supposed to work that way, but guess what, nothing works the way that it is supposed to.

Looking to the short-term future its my opinion that a broad based backlash will continue to build as we deal with more economic turmoil.  Hopefully the economy will make the turn upward that most of us would like to see.  Will the turn be because of government intervention or despite it?

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5 Responses to “A Government Spending Backlash?”

  1. Ricardo says:

    That’s a very good question. I was impressed at the number of participants in the tea party events.

    I also find it odd to hear that the banks are now doing significantly better, and there’s now a question of how much the bailout was needed.

  2. savvyeyty says:

    If only people would listen to each and everyone fairly, then perhaps all would be handled better. But hey, what the heck, its not like everyone would do that. Why am I saying this? Because of this great point of yours.

    “One thing is for sure, change is never easy. Another thing is for sure, if you protest what the government is doing loud enough you may become labeled as an agitator subject to investigation or harassment. It’s not supposed to work that way, but guess what, nothing works the way that it is supposed to.”

    You we’re right about this. I hope the bailout would be handled professionally.

  3. admin says:

    As time passes we can now begin to see how well “bail-out” money was really spent. There are TV stories about millions spent on useless improvements within the back yards of powerful Congressmen, politics as usual, and it is obvious that money that went to Chrysler and GM was wasted. I think you will continue to see more about wasted bailout billions, even Mr. Biden is admitting there was waste. In my opinion I think a backlash will build when the burden for all this spending is shifted to the taxpayer. Starting a value added tax (VAT) would be real nasty, especially while we are reeling from increasing unemployment, increasing gasoline prices and little income.

  4. lyka says:

    Its understandable that we are afraid of change..since we don’t know what the future in store for us,,just like in change in the leadership in the government..its like a wait and see game..

  5. Peace says:

    It is a shame that money given to likes of Chysler and GM was wasted. In fact such companies should have been put under microscope and monitored very closely. Finally the burden is going to come on us tax payers.