Whenever people ask me what my party affiliation is, I respond “Pragmatic Independent.”
The question usually comes up in response to something I wrote. I’ve been contacted by Republicans, who want me to join or advise their committees. I usually tell them that I find much of their ideology intellectually indefensible, and their marriage to the religious right offensive.
When I get the same question from Democrats, my response is they seem to not understand how the economy works, are too spineless to get anything done, and are way too politically correct for my tastes.
I agree with Krugman that Obama has been wimpy, when he should have been relentlessly beating the opposition over the head. Reagan never let the public forget who had driven the country into a ditch, nor did he let Congress forget he was in charge. Imagine his response if the other party rejected his plan for a bi-partisan panel.
There are notable exceptions — the two NY Senators when I was growing up were statesmen — Jacob Javitz and Daniel Moynihan (a Dem and a Repub). They seem to be part of ancient history. Today, I have to search far and wide to find congress critters who are uncorrupted, understand how business works, and have the balls to call it like it is. Alan Grayson of Florida is the closest thing I have seen to what a modern Congressman should be like.
We have a Congress that is a Parliament of Whores of who sold themselves to the highest corporate bidder. Why do I want to have any affiliation with either group? And I am not sure if a 3rd party can break the death grip on America the parties have.
OK, enough political nonsense on this SOTU day. Back to the markets . . .