« links for 2010-09-28 | Main | "The Easy and Legal Way to Stop Currency Manipulation" »

Wednesday, September 29, 2010

"Can business afford Jim DeMint?"

Steven Pearlstein says the business community is "about to create a political monster":

Can business afford Jim DeMint?, by Steven Pearlstein, Commentary, Washington Post: For all you in the business community who are rooting for a Republican victory in the November elections, a bit of unsolicited advice: Be careful what you wish for.
You're probably thinking that with Republicans in control of one or both houses of Congress, business will be back on top again, setting the agenda... In reality, what you'll get is political paralysis for the next two years, and quite possibly longer than that.
Just ask Sen. Jim DeMint ... the new Republican kingpin and enforcer on Capitol Hill. DeMint told Bloomberg Businessweek last week that his goal for the next Senate is "complete gridlock." ... For DeMint, this is war. The only acceptable outcome is total victory...
I know what you're thinking. You're thinking that, once the heat of the election season has passed, cooler heads will prevail... Don't kid yourselves. You're about to create a political monster that you can't control...
It's convenient to blame the media, or cable news or the blogosphere for this state of political polarization. To that list of culprits I'd add you - business leaders who, in order to score modest wins in legislative or regulatory battles, make common cause with those who trample on the truth, poison the political conversation, demonize opponents and undermine respect and support for government.
Criticize President Obama - that's easy, guys. But is there anyone there at the Business Roundtable with the courage to criticize Jim DeMint?

With respect to gridlock -- I'm more worried about Obama and other Democrats trying to overcome gridlock and, in the name of centrism and bipartisanship, giving too much away.

    Posted by on Wednesday, September 29, 2010 at 01:08 AM in Economics, Politics | Permalink  Comments (24)


    Feed You can follow this conversation by subscribing to the comment feed for this post.