The worst things have been bipartisan. Deficits are bipartisan. Old talking points aside, it is an open secret that the elder statesmen of both established parties accept their own folkways about Keynesian conventions like the multiplier effect. The jointly held beliefs of Democrats and Republicans escape whenever we hear the jargon of neo-Keynesian economics in various congressional hearings. We see this shared outlook whenever a president of one party renominates the Fed chairman nominated by that of another.
Most unavoidably similar of all, we saw a Republican president leave office championing a stimulus package as the signature domestic policy of his last year, to be replaced by a Democrat that made the signature domestic policy of his first year another stimulus package.
The tea party movement of 2009, founded on fiscal responsibility, rightly insists it is not an organ of either established party and, learning that neither establishment is sincere in sobering up, we, as the song says, won’t be fooled again.
We’re all apprehensive about the Republican Party co-opting the tea party movement. We’ve seen so many times the party out of power pledge that they’ve sobered up and insist that the new faces arriving are something different, but we know they have only mothballed neo-Keynesian economics that advocates a mixed economy that we see as always folding in more state control as the batch progresses.
So we’re no GOP pawns, but major media outlets have already set that perception. We’re struggling to set an agenda that both prevents that Republican takeover from happening and demolishes the media-created perception that we’re merely small-minded stooges of the Grand Old Party. We can slice through this Gordian Knot in one blow by destroying the barriers to multiparty viability on the ballot.