Even I failed to anticipate that the end of February would approach and the president would make no serious effort at preventing the March 1 budget sequestration from taking effect. At the end of January, we noticed that, with sequester included, the United States was prepared to see an austerity package 1.9% the size of GDP in 2013, more austerity as a share of the economy than was seen in Britain in 2011 or 2012 (though not both combined). What’s important to note is that, despite Obama’s recent token effort to get congress to repeal or further delay sequestration, which accounts for $78 billion of the $304 billion in spending cuts and tax increases planned for this year, all of this is his fault and his fault alone. Continue reading “The Obama Austerity Package”
Tag: politics
The Democracy Pendulum
I was reminded of an old thought I had about democracy the other day that I had not as of yet put into blog form. The contention is basically this–one cannot derive the social interest from an amalgamation of individual or subgroup interests. Let me explain.
A Critique of Just War Theory
Today I had a seminar on just war theory, the theory of when it is justifiable for one state to go to war with another. Throughout the seminar, it continued to strike me that just war theory in and of itself is a mistaken concept. Let me show you what I mean.
Small Government Democrats
I ran across an interesting hunk of data supplied by Paul Krugman that confirms what I have long suspected–American politics is no longer a contest between the progressive left and the conservative right; it is a mere feud between different conservatives. Let me show you what I mean.
Dead Baby Interventionism
Lately I’ve been noticing a new social networking trend–the tendency for people who are passionate about a given humanitarian crisis (examples include Syria, drones in Pakistan, Kony in the Congo–surprisingly, not Mali) to post pictures of various dead, injured, or disfigured babies or children who purportedly were killed, injured, or disfigured over the course of their respective conflicts. Accompanying the pictures is usually some caption designed to engender empathy (one such example I recall was “imagine if this were your child”). This strikes me as somewhat simplistic. Not much critical thought is being given to what the responsibilities of developed states are. Instead, the entire discussion is being reduced to “children are dying, this is bad, developed states can stop bad things, developed states should stop this”. So today I’d like to think about it a little bit deeper than that.
Benjamin Studebaker 