Posts Tagged ‘David Stockman’

Family Tradition

May 16, 2021

            Talk of the Big Lie is usually filled with names like McCarthy, McConnell, Lindell, Gaetz and Taylor Greene. But never DeWine. Somehow, magnificently, Ohio’s Governor Mike DeWine has managed to disassociate himself from anything even remotely emanating the stench of a lie. The Governor appears unscathed. This past week Mike immersed himself completely, and proved it to be quite unremarkable. What was the lie and why the lack of interest? On May 13, 2021 DeWine announced establishment of the Ohio Vax-a-Million program, offering $1 mil to five lucky newly vaccinated individuals as an incentive to get Ohioans vaccinated, and by implication, benefitting Ohio’s economy. The very next day his administration announced that it would be ending the $300 weekly Federal unemployment benefits with the end of June, roughly 2 months prior to when they are scheduled to run out. Let’s get a calculator and compare apples to apples, or rather dollars to dollars. DeWine’s new benefit distribution allocates $1 mil to five individuals for a total expenditure of $5 mil. Simple enough. The termination of $300 weekly benefits checks to one individual, over two months, amounts to that individual not receiving the earmarked $2,400 meant to benefit Ohio’s economy. Both funds, the $5 mil as well as the $300 weekly unemployment, come from the same honey pot. So how many denied individuals would the $5 mil have provided weekly benefits to over two months span? $5 mil divided by $2400 equates to about 2,083 individuals. Not a great number? Which? The 5 lucky ones? The $5 mil? The $1,200 monthly income to live on? Or the 2,083 denigrated individuals? (denigrated by virtue of insinuation, that they are “just not trying”) Enter the Big Lie. It is now exactly 40 years since President Reagan’s Budget and Management guru brought “trickle-down” economic speak into the common vernacular. Since then David Stockman has had a remarkably checkered history of successes and failures, even vaguely disavowing responsibility for what was once termed “voodoo economics.” But one thing for sure is that trickle down never delivered benefits to the people of the US as intentionally projected. It benefitted the few, leaving a whopping deficit for the many. “Ninety-two percent of the wealth is owned by five percent of the people.” (Stockman on Bloomberg TV 2013) But the Big Lie persisted, carefully cultivated and nurtured by the Republican party. In the same year Stockman himself is quoted by Public Affairs as writing “[T]he Republican Party was hijacked by modern imperialists during the Reagan era. As a consequence, the conservative party cannot perform its natural function as watchdog of the public purse because it is constantly seeking legislative action to provision a vast war machine of invasion and occupation.” Ohio’s Governor Mike DeWine was just carrying on an old family tradition when he anointed 5 individuals to have a greater impact on “reopening” Ohio’s economy than the 2,083+ affected by the cuts to weekly unemployment benefits. But that’s even less than 92% of the wealth being owned by 5%; more like being owned by .0024%. As Black Lives Matter points out so succinctly: Big Lies morph into family traditions oh sooo easily that it seems almost unnatural to imagine otherwise!