08 April 2008

Kevin Phillips: If America Declines, Don't Expect Anyone to Talk About It

Posted on April 8, 2008, Printed on April 8, 2008
http://www.alternet.org/story/81652/

The following is an excerpt from Kevin Phillips' newly-released book, "Bad Money" (Viking, 2008).

Rarely in U.S. history has a president, especially a two-term president, been so unpopular at a time when the Congress, captured in the midterm elections by the opposition, is held in no greater regard. In such a case, the norm is for the two to fight, with one side gaining the edge. But that has not been true of George W. Bush and the Democratic Congress elected by running against him in 2006.

The two sides have gone after each other in a fashion, but more often they have simply talked past each other to their separate party constituencies, repeating familiar commitments to keep the true believers on each side somewhat more contented than the unimpressed independents -- those who bulk so large in the 60 to 70 percent of voters convinced that the country is on the wrong track. Most office holders on both sides seem to rest easier if everyone stays away from uncomfortable themes, even ones in the headlines, like costly U.S. overreach in the Middle East; the reckless expansion of private debt, as well as the federal budget deficit variety; the new economic (and political) dominance of the financial sector; and the mounting probability that the nation will have to choose between desirable energy supplies and global warming measures. After all, what you can sidestep today might go away tomorrow.

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