About That Light at the End of the Tunnel...

It seems to be coming closer all by itself...

For nearly four-out-of-five U.S. voters, the problem is not their unwillingness to pay taxes. It’s their elected representatives’ refusal to cut the size of government.

Seventy-seven percent (77%) of voters say the bigger problem in the United States is the unwillingness of politicians to control government spending. Just 14% say the problem is that voters are unwilling to pay enough in taxes, according to a new Rasmussen Reports national telephone survey...

...Just 28% of all voters say, generally speaking, that increases in government spending help the economy, down seven points from February. Fifty-three percent (53%) now believe spending increases hurt the economy, and seven percent (7%) say they have no impact.

Seventy-nine percent (79%) of Republicans and 61% of unaffiliated voters believe increased government spending hurts the economy...

No differences exist between handing Goldman-Sachs another hundred billion or so and a million more for jobs programs, one supposes.

This supports Dr. Krugman's post today:

...The recession has hit the Golden State hard. The housing bubble was bigger there than almost anywhere else, and the bust has been bigger too. California’s unemployment rate, at 11 percent, is the fifth-highest in the nation. And the state’s revenues have suffered accordingly.

What’s really alarming about California, however, is the political system’s inability to rise to the occasion.

Despite the economic slump, despite irresponsible policies that have doubled the state’s debt burden since Arnold Schwarzenegger became governor, California has immense human and financial resources. It should not be in fiscal crisis; it should not be on the verge of cutting essential public services and denying health coverage to almost a million children. But it is — and you have to wonder if California’s political paralysis foreshadows the future of the nation as a whole.

The seeds of California’s current crisis were planted more than 30 years ago, when voters overwhelmingly passed Proposition 13, a ballot measure that placed the state’s budget in a straitjacket. Property tax rates were capped, and homeowners were shielded from increases in their tax assessments even as the value of their homes rose.

The result was a tax system that is both inequitable and unstable. It’s inequitable because older homeowners often pay far less property tax than their younger neighbors. It’s unstable because limits on property taxation have forced California to rely more heavily than other states on income taxes, which fall steeply during recessions.

Even more important, however, Proposition 13 made it extremely hard to raise taxes, even in emergencies: no state tax rate may be increased without a two-thirds majority in both houses of the State Legislature. And this provision has interacted disastrously with state political trends.

For California, where the Republicans began their transformation from the party of Eisenhower to the party of Reagan, is also the place where they began their next transformation, into the party of Rush Limbaugh. As the political tide has turned against California Republicans, the party’s remaining members have become ever more extreme, ever less interested in the actual business of governing.

And while the party’s growing extremism condemns it to seemingly permanent minority status — Mr. Schwarzenegger was and is sui generis — the Republican rump retains enough seats in the Legislature to block any responsible action in the face of the fiscal crisis.

Will the same thing happen to the nation as a whole?

Without any opposition from the DINOcrats, sir, I see no way to avoid it. With the so-called socialists doing what Poppy told Junior to do and handing all the Treasury to the Skull and Bones set, the tone is set. As long as the DINOcrats are skeered of being called liberals and weak on Terra they'll be pwned by the military-industrial-$ecurties complex.

That light at the end of the tunnel? It's a spotlight, and Big Time Dick may be the fireman on the train, but he's not the engineer, and he certainly doesn't own the railroad the DINOcrats have lashed themselves down on.