2009 Will Be More Like 1933 than 1993

The Stim will soon be passed with fractional Conservatron support. The sample size is small, but two situations similar to this one offer potential guidance on how the politics of this will play out.

Example One is 1933 when FDR passed a substantial part of his New Deal legislation with minimal GOP support. The media back then was owned almost entirely by the same class of people that attempted a fascist Coup against FDR. In spite of the negative reaction from the out-of-powers-that-be, the Democrats expanded their majorities in the 1934 mid-terms and FDR won more states and total votes in 1936 than he did in 1932. This neat feat was accomplished even as the Depression dragged on because, regardless of what the Conservatron elite claimed, the New Deal made things better. Where once there was no job, now one was a part of the CCC. You didn’t have electricity, but after the New Deal, you did. This self-evident improvement was the cornerstone of the Progressive Populism that reigned over the American polity until 1968.

Example Two is Clinton’s Balance Budgeting of 1993. The 1993 recession was not as bad as the Great Depression; but personal desperation is personal desperation, regardless of how society at large is fairing. Clinton came into office without a popular majority and could not get a stimulus bill through Congress and had to nix the Middle Class tax cut that he had campaigned on. The Budget Bill that finally passed reduced taxes on the poorest Americans, raised them on the richest Americans, and cut the budget. Although the economy soon recovered it did not begin producing many new jobs until late 1995. Without the stimulus or the Middle Class tax cuts, and with typical venal negativity from the Conservatrons and their water carriers in the media, the lot of most Americans did not appear to improve. The Democrats got trounced in the 1994 mid-terms and Clinton had to largely play defense for the rest of the 90s.

The Great Economic Collapse is closer to the Great Depression than the early 90s recession, but in many ways self-evident improvements are harder to establish. Developing and deploying non-GHG emitting energy through an Apollo style program would better the lives of everyone on the planet and probably set the stage for an economic boom. It would also take several years before the benefit became obvious.

My instinct (and it is just that) is that the full extent that America is screwed economically has not become entirely apparent yet. While the Stim is probably not enough, it is something, and could well be just about the only game in town for quite sometime. More importantly is includes most of Obama’s promised tax cut. Conservatrons can poo-poo the $13 per week nature of it, but having an additional $26 in each bi-weekly paycheck will make a tremendous difference to this typical American because it extends, for one day, the amount of time at the end of a pay period when I am not broke. That the Conservatrons cannot grok this demonstrates just how far through the looking glass they have fallen.

The Stimulus will create or preserve jobs for millions of Americans, and it will put some important extra dollars in the pocket of everyone. It will be up to Obama and the Democrats to keep on pointing out these benefits to underline them for those that are not directly assisted. With the economy lagging but the Stimulus bill providing a few sparks of sustenance the Democrats should be poised to win a few House Seats and, more importantly, a couple more Senate seats.

With over sixty Senators Obama may be able to complete the New Deal/Great Society and pass Universal Health Care, thereby providing the last technologically feasible self-evident benefit to everyone and setting up a landslide reelection in 2012.