All Politics Is (Not Always) Local

Today’s NY Times has a very telling poll about the mood of voters as they left the polling place back in November. Based on a questionnaire of almost 13,000 people, it’s pretty clear that the top issues for voters were the following:

1. Iraq

2. Terrorism

3. The economy

4. Immigration

5. Abortion

6. Political scandals

In short, this was a national election. Those who vote are still pretty split on which party is the best one to address these issues (just look at the slim majority in the Senate — which may change if Tim Johnson is not able to recover from a possible stroke), but it’s clear that voters are very worried about the world we’re going to bequeath to our children. We either take our lumps now (i.e., tax ourselves and maybe cut government largess to pay down the deficit and leave Iraq to focus on the war on Al-Qaeda/Al-Qaida).

Also, even though the economy seems to be doing okay with the unemployment rate at 4.5%, there’s a lot of underemployment. And if you’re below a certain income level (i.e., you’re not a millionaire) you’re on the economic edge. Maybe you can meet your financial obligations every month, but if you lost your job then it’s: “Hello mom! Hello dad! We’re broke and we’re moving in!” Or, more seriously, you’re homeless.

Every now and then, there’s a variation of this question that gets asked, and it’s this: How much of a financial safety net do you have? 1 month? 3 months? I don’t have hard numbers in front of me, but I would say that if it wasn’t for our little 2 bedroom condo that we could sell if we fell on hard times, we’d be living in our car in about a month after losing our jobs.

As far as the war in Iraq goes…Well, my knee-jerk reaction is to go with a phased pull out timed with each Iraqi division that is able to take control of their own security. In a way, that’s what the Bush administration is trying to do, but it’s not happening fast enough. A couple of weeks ago, I was talking to a Marine at a “Toys for Tots” drive who served in Iraq. He worked in logistics, and while our conversation did not drift into politics, he was telling me how little the Iraqis have in terms of equipment. I’m talking trucks, jeeps, uniforms, and, of course, guns. Like I said, I didn’t get into the politics of the Iraqi war, but it seems to me that since we went into Iraq “on the cheap” we’re in a damned if you do, damned if you don’t situation. Bug out too soon, and the civil war that’s going on there is just going to get worse. Stay the course, and it’s clear that not only are the body bags still going to be coming home, but the money needed to achieve an effective pull out is going to be quite a bit more. That’s where that whole “sacrifice at home” thing comes into play. Unless we want to keep asking China to extend our credit line, we’re faced with taxing ourselves. That’s the financial sacrifice, but what about others? There’s no way in hell we’re going to see the kind of things that our grandparents had to do during WWII. The U.S. wasn’t the full-blown consumer economy as it is today. And if we collectively agreed to say: “Well, let’s cut back on the useless crap we buy every month, “that would certainly send the economy on a downward spiral.

So, what to do…

–PK

P.S. This post is late because I got to interview Nora Ephron this morning. I’ll have the mp3 up on my professional site later today or tomorrow.

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3 thoughts on “All Politics Is (Not Always) Local

  1. So what to do… That’s a GOOD question. What can you do? Everything seems like a catch 22. Plus, you’re pretty much living day to day unless you’re very rich. Everything is a risk.

  2. Yeah, and if you don’t live paycheck to paycheck, the whole American economy is at risk, because that means that ‘consumer confidence is low’. Damned if you do, damned if you don’t. Sometimes I think we need to take some pretty hard lumps to straighten things out, so that we don’t crash all the harder later. Won’t be fun if it happens, either way. Kind of like removing a limb that has gangrene…we’ll miss it, and remember it fondly, but it might save us to be rid of this comsumerist society in which we live.

    Whew. OK, gotta finish my Christmas shopping now.

  3. Wow, Nora Ephron! Cool!

    As for Iraq, the whole problem is that we as a country are doing nothing to sacrifice for the war a la WWII. Except for the families of those who serve, most people think about the war maybe a few times a week or if they see it on television.

    Hubba-hubba is a better person to get into the debt thing as far as the economy goes than me. He’s all into that type of stuff. Thus, the reason he is off to get his MBA and become a Financial Planner.

    It is just a simple fact that people DO NOT SAVE anymore. Even in their retirement accounts. All people can think about is the next thing they will buy. It is all about the willingness to put off the instant gratification. Even on the single income that we have in this high cost of living area, we have three months saved. Why? Because we don’t buy a lot of shit. Or go on fancy vacations, or have really nice cars. It’s not easy, but it is necessary.

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