tomder55
Apr 1, 2023, 01:54 AM
Flashback 1992 . George McGovern ;who had done a lifetime of public service as a WWII Airforce hero ;a member of Congress and the Senate from 1963 until he was defeated in the Reagan sweep .He was the Dem's peace candidate in the 1972 election and was roundly defeated by Richard Nixon.
But this isn't about that . This is the rest of the story .
When he left office he invested his teaching and lecture circuit earnings in 1988 in purchasing the lease of the Stratford Inn ;150 room Inn and restaurant in Stratford Connecticut . This is when reality hit him right between the eyes . It went belly up 2 years later .
1992 he wrote an op-ed in the WSJ .He wrote how his business was the victim of things he did not consider as a senator. He didn't realize just how costly regulatory compliance is. He was unaware of how well-intentioned regulations often produce bad outcomes, how taxes dampen investment and how mandates make it harder to innovate or survive, especially during recessions.
"the concept that most often eludes legislators is: 'Can we make consumers pay the higher prices for the increased operating costs that accompany public regulation and government reporting requirements with reams of red tape.'" .... "In short, 'one-size-fits-all' rules for business ignore the reality of the marketplace."He ended his op-ed with
The problem we face as legislators is: Where do we set the bar so that it is not too high to clear? I don't have the answer. I do know that we need to start raising these questions more often.
A Politician's Dream Is a Businessman's Nightmare - WSJ (https://www.wsj.com/articles/SB10001424052970203406404578070543545022704)
He would not survive as a Dem in 2023 .
Fast forward to a Dem that the Dems would like to purge.
Joe Manchin has written an op-ed in the WSJ called 'Biden’s Inflation Reduction Act Betrayal'
Biden’s Inflation Reduction Act Betrayal - WSJ (https://www.wsj.com/articles/biden-inflation-reduction-act-betrayal-joe-manchin-debt-ceiling-budget-fossil-fuels-green-energy-dc37738e)
It speaks to some of the concerns in the McGovern piece.
Yet instead of implementing the law as intended, unelected ideologues, bureaucrats and appointees seem determined to violate and subvert the law to advance a partisan agenda that ignores both energy and fiscal security. Specifically, they are ignoring the law’s intent to support and expand fossil energy and are redefining “domestic energy” to increase clean-energy spending to potentially deficit-breaking levels. The administration is attempting at every turn to implement the bill it wanted, not the bill Congress actually passed. Ignoring the debt and deficit implications of these actions as the time nears to raise the debt ceiling isn’t only wrong, it’s policy and political malpractice.
The complaint is basically the same .Government imposes burdens on businesses that makes it difficult to be prosperous. The difference is that McGovern misunderstood what being in business was about . Manchin has been naive about what being a responsible representative is about . Why is he surprised ? This betrayal by Clueless Joe was predictable .
semi socialist (askmehelpdesk.com) (https://www.askmehelpdesk.com/showthread.php?t=849716&p=3886473#post3886473)
To expand on McGovern's epiphany ; not only does Congressional lawmaking have unintended consequences on the private sector ;it often goes against what Congress itself is trying to accomplish. Once regulators get their claws into a law ;much of the resources allocated get gobbled up in the bureaucratic process. Manchin wanted the permitting process streamlined. Forgetting the outright betrayal of the administration ; the deep state operatives don't make a living streamlining anything. Their job security requires them to gum up the works and make the system ever more dependent on the deep state.
Manchin's complaint is they are adding more deficit burden on a bill that was intended to reduce the deficit . Those pesky unintended consequences again.
But this isn't about that . This is the rest of the story .
When he left office he invested his teaching and lecture circuit earnings in 1988 in purchasing the lease of the Stratford Inn ;150 room Inn and restaurant in Stratford Connecticut . This is when reality hit him right between the eyes . It went belly up 2 years later .
1992 he wrote an op-ed in the WSJ .He wrote how his business was the victim of things he did not consider as a senator. He didn't realize just how costly regulatory compliance is. He was unaware of how well-intentioned regulations often produce bad outcomes, how taxes dampen investment and how mandates make it harder to innovate or survive, especially during recessions.
"the concept that most often eludes legislators is: 'Can we make consumers pay the higher prices for the increased operating costs that accompany public regulation and government reporting requirements with reams of red tape.'" .... "In short, 'one-size-fits-all' rules for business ignore the reality of the marketplace."He ended his op-ed with
The problem we face as legislators is: Where do we set the bar so that it is not too high to clear? I don't have the answer. I do know that we need to start raising these questions more often.
A Politician's Dream Is a Businessman's Nightmare - WSJ (https://www.wsj.com/articles/SB10001424052970203406404578070543545022704)
He would not survive as a Dem in 2023 .
Fast forward to a Dem that the Dems would like to purge.
Joe Manchin has written an op-ed in the WSJ called 'Biden’s Inflation Reduction Act Betrayal'
Biden’s Inflation Reduction Act Betrayal - WSJ (https://www.wsj.com/articles/biden-inflation-reduction-act-betrayal-joe-manchin-debt-ceiling-budget-fossil-fuels-green-energy-dc37738e)
It speaks to some of the concerns in the McGovern piece.
Yet instead of implementing the law as intended, unelected ideologues, bureaucrats and appointees seem determined to violate and subvert the law to advance a partisan agenda that ignores both energy and fiscal security. Specifically, they are ignoring the law’s intent to support and expand fossil energy and are redefining “domestic energy” to increase clean-energy spending to potentially deficit-breaking levels. The administration is attempting at every turn to implement the bill it wanted, not the bill Congress actually passed. Ignoring the debt and deficit implications of these actions as the time nears to raise the debt ceiling isn’t only wrong, it’s policy and political malpractice.
The complaint is basically the same .Government imposes burdens on businesses that makes it difficult to be prosperous. The difference is that McGovern misunderstood what being in business was about . Manchin has been naive about what being a responsible representative is about . Why is he surprised ? This betrayal by Clueless Joe was predictable .
semi socialist (askmehelpdesk.com) (https://www.askmehelpdesk.com/showthread.php?t=849716&p=3886473#post3886473)
To expand on McGovern's epiphany ; not only does Congressional lawmaking have unintended consequences on the private sector ;it often goes against what Congress itself is trying to accomplish. Once regulators get their claws into a law ;much of the resources allocated get gobbled up in the bureaucratic process. Manchin wanted the permitting process streamlined. Forgetting the outright betrayal of the administration ; the deep state operatives don't make a living streamlining anything. Their job security requires them to gum up the works and make the system ever more dependent on the deep state.
Manchin's complaint is they are adding more deficit burden on a bill that was intended to reduce the deficit . Those pesky unintended consequences again.