Monday, November 3, 2014

THE ELECTIONS

            Despite the fact that a majority of Americans indicate that they distrust and dislike Congress, and that they object to the obstructionist tactics of Republicans in Congress, polls say that they are likely to give control of Congress to the Republicans this year. Why? I would think that people would become so disgusted with Republican obstruction that they would vote Democratic so that Congress could finally do something about the nation’s problems.
            First and most important is the economy. Under President Obama and the Democrats the economy has been lifted out of the worst recession in modern times and is well on its way to a boom. One of the factors in the improvement of the economy has been the bond-buying program carried out by the Federal Reserve. In the past few years the Fed has bought over $4.5 trillion worth of bonds. The bond-buying program helped reduce long-term interest rates and stimulated bank-lending and other aspects of the economy. The Dayton Daily News reported that Doug Handler, chief economist at HIS Global Insight, has asserted that the greatest impact of the bond-buying program “was instilling confidence in consumers and the business community that Fed officials were determined to do everything they could to stimulate growth.”
            Most people do not realize that the Republicans opposed the Fed’s bond-buying program and opposed much else of the Obama Administration’s efforts to stimulate the economy. Mitch McConnell, Republican minority leader in the Senate, made it clear that the main Republican effort these past six years was to unseat President Obama, not to help improve the economy. He led the effort to block virtually all of the President’s programs to get the economy moving. As a result, Americans continued to suffer long after the actual recession was over. Now that the economy is recovering without Republican help, they want to take-over Congress and deal with the economic issues about which they were so wrong.
            Somehow, Republican leaders have succeeded in getting many people to dislike President Obama. One issue that they have seized upon is the Affordable Care Act (ACA). I admit that I do not understand their opposition to this law. Under it millions of people who did not have health insurance are now covered. By expanding Medicaid, the law makes it possible for poor people to have something which many consider a natural right. The law does not drive the nation into bankruptcy. It is financed by revenue provided for in the law and that revenue could actually lead to a governmental surplus.
Many other aspects of the ACA help people other than the poor, for example: it allows young people to remain covered under their parent’s insurance until age 26; it prohibits health insurance companies from denying coverage on account of pre-existing conditions; it provides for the elimination of the “Doughnut Hole”--That is the period during which seniors have to pay the full cost of their prescriptions; it eliminates co-payments for preventative services and exempts preventative services from deductibles under the Medicare program. It does many other things that benefit both the poor and the middle class. Yet, for some reason, Republican lies have succeeded in making the law unpopular.
            I think I understand some of the dynamics of Republican anger against President Obama and the Democrats. Let’s face it, Republicans despise and resent poor people, especially Black people. They feel that these people are a cause of too much crime in America and a drain on the public purse due to welfare programs and other programs that help the poor. They also resent Black demands for justice, particularly in cases such as those involving O.J. Simpson, Trayvon Martin, and Michael Brown. They hate President Obama because they believe that as a Black man he will give-in to all of the demands of African Americans and empty the federal coffers to help them out.
            With all of these things in mind, people who vote Republican will ignore the actions of Republican Congressmen in obstructing legislation that would benefit all Americans, will ignore the improving economy, will ignore the benefits of the ACA to everybody, and will vote their prejudices.

            

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