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Friday, September 25, 2015

JebSpeak!

This worked so well for Romney:

Our message is one of hope and aspiration," he said at the East Cooper Republican Women’s Club annual Shrimp Dinner. "It isn't one of division and get in line and we'll take care of you with free stuff. Our message is one that is uplifting -- that says you can achieve earned success.

Bush says this is how he will win back black voters, but I have a feeling his message of "hope and inspiration" and the reference to "free stuff" is for another group of voters.

If the pope was a scientist, Bush would listen?:

“I oppose the president’s policy as it relates to climate change because it will destroy the ability to re-industrialize the country, to allow for people to get higher wage jobs, for people to rise up,” Bush said, according to the Huffington Post.
This is not the first time Bush has rejected the pope’s teachings on climate, but it may be the first time he has given the “not a scientist” reason.
“He’s not a scientist, he’s a religious leader,” Bush says
In fact, the pope studied chemistry and worked as a chemist. ...

He couldn't possibly be using concern about people's ability to "rise up" as a cover for supporting business interests, could he?

Tax cuts work, ignore the evidence:

HARWOOD: Do you regard your brother's economic tenure—which pursued a broadly similar strategy to what you're proposing—as a proof point that this strategy works?

BUSH: Well, look, he was impacted by some big secular events. The tech bubble, 9/11—those had huge impacts. There was growth. And there was some job growth.

Wage growth has been flat for a long time in our country. We have this big challenge that we have to fix. And that's part of the mission I'm on—growth by itself isn't going to create higher wages. But higher growth will generate more wage growth than no growth. And if you do it in the right way, where you're putting money in people's pockets, you can create economic activity.

The tax cuts will trickle down and let people "rise up" just like they did before. Oh wait. This is the "earned success" he talks so much about. It has nothing to do with supporting wealthy interests, it's all about economic growth and helping the disadvantaged. On the "earned success" point, it's hard not to recall Molly Ivins on George Bush:

Jim Hightower's great line about [George] Bush, "Born on third and thinks he hit a triple," is still painfully true. Bush has simply never acknowledged that not only was he born with a silver spoon in his mouth -- he's been eating off it ever since..., he doesn't admit to himself or anyone else that he owes his entire life to being named George W. Bush. He didn't just get a head start by being his father's son -- it remained the single most salient fact about him for most of his life. He got into Andover as a legacy. He got into Yale as a legacy. He got into Harvard Business School as a courtesy (he was turned down by the University of Texas Law School). He got into the Texas Air National Guard -- and sat out Vietnam -- through Daddy's influence. (I would like to point out that that particular unit of FANGers, as regular Air Force referred to the "Fucking Air National Guard," included not only the sons of Governor John Connally and Senator Lloyd Bentsen, but some actual black members as well -- they just happened to play football for the Dallas Cowboys.) Bush was set up in the oil business by friends of his father. He went broke and was bailed out by friends of his father. He went broke again and was bailed out again by friends of his father; he went broke yet again and was bailed out by some fellow Yalies.
That Bush's administration is salted with the sons of somebody-or-other should come as no surprise. I doubt it has ever even occurred to Bush that there is anything wrong with a class-driven good-ol'-boy system. ...

But of course, nothing like that could possibly be true of self-made, I did it all by myself Jeb! Bush success (he "made it!" himself).

Finally, surprise of surprises, when asked about the impact of his tax cut policies on the deficit, he gives the standard response, economic growth, like that his brother would have gotten if he wasn't so darn unlucky, will nullify much of the impact that tax cuts have on the deficit:

Everybody freaks out about the deficit. And I worry about the structural deficit for sure. But if we grow our economy at a faster rate, the dynamic nature of tax policy will kick in. ... There's never been a time where there hasn't been a dynamic effect of taxation. That's not a risk at all. That's just a simple fact.

It's also a "simple fact" (he hasn't moved on to "complicated facts" yet, apparently) that the Bush tax cuts did not trickle down, inequality was made worse by the Bush policies, and those in the lower parts of the income distribution had a harder time "rising up" because of these policies, and other policies that stripped away social support.

Jeb's I will do what my brother did, except this time it will work for those who are not in the top of the income distribution, is not exactly inspiring. Unless, of course, you are used to eating with silver spoons.

    Posted by on Friday, September 25, 2015 at 12:06 PM in Economics, Politics | Permalink  Comments (9)


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