A Discussion Starter

Gathering in Atlanta for Thanksgiving, no one ventured anything along political lines until our son’s 86-year-old mother-in-law asked everyone what they thought of Majorie Taylor Green (MTG), the controversial Georgia Republican representative. Everyone chimed in. She is everyone’s hero for standing up to President Trump, including the family Democrats. She’s even on the left-wing “The Week” magazine, contesting Trump:

This reaction shows far-out positions race across media at the speed of light, while we shun actual policy discussions. Name the first twenty politicians you think of. Sure, you’ll include Joe Biden, Kamala Harris, and the Clintons and Obamas.

Still, beyond them, you’re likely to name the likes of Donald Trump, Bernie Sanders, A.O.C., Zohran Mamdani, Jasmine Crockett, Pete Hegseth, Sean Duffy, and J.D. Vance. What do they all have in common? They’re all media savvy. It may not be too strong to say that the media brought them to their present prominence.

While we are well aware of these people, none of us associates them with any deep, well-reasoned policy positions. To be sure, they have policies, free buses, little or no immigration, high tariffs, and price controls, but none of them provides a well-reasoned defense of their positions, leaving the tasks to others. Think tanks and media outlets are left to make their positions seem coherent.

Contrast that with Reagan’s radio talks, spelling out and selling his policies. Clinton and Carter were policy wonks.

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Turkeys before Thanksgiving

As we approach the Holidays and the New Year, our leaders are in a full retreat from reality. This situation doesn’t bode well for our future. As I pointed out in my last post, Democrats only offer bromides featuring price controls and socialism that have proven to make matters even worse. However, they’re not in control of anything at the national level, and can only throw temper tantrums like the lengthy Government we just experienced. For all the problems it caused, it changed nothing.

Our Republican President is another story. With control of the executive branch, both houses of Congress, and a conservative Supreme Court majority, he sets the agenda. If the recent elections weren’t enough of a wakeup call, Trump’s continued decline in approval indicates that the public isn’t buying what he’s selling:

The 2024 Democratic election debacle, in part, was traced to taking too many 80-20 positions, such as biological boys playing women’s sports, with them holding the short end. Now, Trump takes minority positions, but doesn’t seem to realize it. Trump’s inability to see the big picture may not only leave him an impotent lame duck but also threaten the future of the Republican Party by alienating core supporters and moderates alike.

Failing to speak against some of his most ardent “New right” supporters, who claim there is nothing wrong with the likes of Tucker Carlson normalizing the anti-Semite Nick Fuentes on his podcast. I’ve denounced left-wing anti-semitism, and right-wing bigotry is no less odious. There is nothing inclusive about “white supremacy” and “Christian Nationalism.”

Trump’s inexplicable deference to Putin’s Russia took an even darker turn this week, with an ultimatum to Ukraine that they must accept his 28-point peace plan by Thanksgiving. A plan that asks nothing of Russia, but demands Ukraine give up strategic land and cap its military strength, while forgoing NATO membership forever. In other words, a rolling surrender.  

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“Affordability” Is The Word

Remember, in last year’s presidential campaign, the word we kept hearing was “Weird.” Part of the Democrats’ campaign strategy against the Republican ticket, the term gained such wide traction that it was later named one of Merriam-Webster’s words of the year for 2024. Now they’re back again with a new word. “Affordability.” Republicans have even joined in its use.

Zohran Mamdani won the New York City mayoralty race, decrying the absence of “affordability.” Donald Trump now claims he’s close to bagging the elusive “Affordability.” Both major parties now plan their 2026 election strategies on convincing the nation they’re the ones to deliver “affordability.”

The remedies offered by both sides sound more like comedy routines than solutions, but the laugh is on us. You don’t have to have a PHD. in economics to realize some simple facts. If prices remain high and continue to rise, it indicates an excessive demand chasing a limited supply. We quaintly call this the “Law of supply and demand.” The high price of anything is a signal to the market to produce more.

The Federal Reserve can reduce the supply of dollars, or the government can raise taxes to a point where there is less money available for spending, and the likely resulting slower business conditions lead to reduced demand. That path is painful for voters, so neither party advocates those policies.  

That leaves increasing supply. The Trump administration aims to return to the reduced regulation and favorable business tax policies that were effective during the first term of the Trump presidency. These policies are classic supply-side economics. Don’t get in the way of the market. High prices, if left uninterfered with, will attract capital and innovation, filling the gap.

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Gone With The Whigs

Watching both Bill Maher and Michael Smercondesh bemoaning the rise of Marxism in the Democratic Party this week caught my attention. The high visibility of Bernie Sanders and A.O.C., along with other “democratic socialists,” during our lengthy government shutdown, coupled with the likely election of one of their own as Mayor of our largest city, has caused a stir among those who consider themselves more moderate.

Their consternation reminded me of my dismay at Donald Trump’s 2016 success in the Republican Party. How could someone representing a minority of a minority suddenly become President? I thought of myself as a typical free-market, small-government, peace-through-strength Reagan Republican. Long-time Democrat Trump, with his anti-immigrant, pro-tariff positions, didn’t sound like Ronald Reagan. I voted for the libertarian ticket.

Running against one of the world’s most unpopular candidates, Hillary Clinton, Trump became President. Neither candidate had the support of even half of the American people. I sensed that a majority of the country was like me —deeply dissatisfied with the choices offered by our major parties. This lack of choice led me to begin my series on a “Future Party.”

The original idea was to establish a new party for independents and disaffected Democrats and Republicans to find a home. Independents could be comfortable not being subservient to any particular ideology. This vision led me to a brief and inconsequential association with Starbucks founder Howard Schultz’s short-lived third-party movement.

Instead of charting a course based on superior policies to those of either the Democrats or the Republicans, Schultz withdrew, fearing he would help Donald Trump by splitting the Democratic vote. We had just submitted ideas when he dropped out. Instead of staking out policies that appealed to everyone because they were better, he revealed where his heart truly resided.

Before the last election, former West Virginia Senator Joe Manchin failed to launch a third-party run on the same basis. Fear of aiding Trump dominated his thinking rather than a belief that he had a better path for America. That’s because he, like Schultz, didn’t have one.

In both instances, neither Schultz nor Manchin had anything more to offer than the promise to work across the aisle for workable compromises. In the “Future Party Series,” I concluded that for a third party to succeed, it must stand for something and make every effort to sell it.

The one successful third party, the Republicans, weren’t deterred by splitting the anti-Democratic vote in 1854. They knew what they stood for; they were against slavery. In 1860, Abraham Lincoln was elected the 16th President of the United States. The Whig Party disappeared.

People on both sides will come together on what they agree on, regardless of their existing party. A case in point is the opposition to Trump’s expansive tariff policy. Twelve Democratic state attorneys general joined forces with the libertarian free-market Liberty Justice League to bring suit against the Administration’s tariffs. Briefs supporting their case have been filed from across the spectrum, from the U.S. Chamber of Commerce to the Brennan Law Center.

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November’s First Week

Next week will be much more impactful than usual. Elections in New Jersey, Virginia, and New York City will provide us with real-time insight into the electorate’s mood. On November 5th, the Supreme Court will hear oral arguments on the Tariff cases. We may get a grasp on how the court will rule in this momentous area.

Off-year elections tend to favor the out-of-power party, and polls show Democrats leading in these elections. However, polls show the races in New Jersey and Virginia favor the Democratic Party. However, the gubernatorial races in New Jersey and Virginia are narrowing. Instead of being on the attack, the Democrats are back on their heels.

In New Jersey, the incumbent Governor is highly unpopular. High taxes and energy prices plague the state. Fealty to the “Green New Deal” sees unsightly windmills on the famous Jersey Shore. Yet the Democratic candidate seems devoid of workable ideas to right the ship, leaving the energetic Republican candidate on the offensive.  

The vast majority of Virginians oppose biological men on girls’ sports teams and in their bathrooms. An 80-20 issue, and Abigail Spanberger, the Democratic candidate, can’t find a way to align with the girls. Menacing messages from the Democratic Attorney General candidate included threats to an opponent’s children. Spanberger can’t even say he should drop out.

New York City is among the bluest places in America, but it has faced myriad problems. Businesses and people, especially high-value taxpayers, are moving out. High taxes, crime, deteriorating services, bad schools, and very high-priced housing have diminished the “Big Apple’s appeal since the heady Giuliani and Bloomberg mayoralties. The city has long been a creative melting pot. For instance, almost one in eight New Yorkers is Jewish.

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