I attended a US Election Night Party in central London last night. It was wall-to-wall Obamamaniacs. They had badges (or ‘buttons’ as you Americans call them) on sale and while my first choice would have been Bob Barr, I chose a McCain/Palin one just to piss everybody off. Significantly, the Obama/Biden badges were on sale at £5 each while the McCain/Palin ones were going for a knock-down £3. A portent of things to come, I thought.
Anyway, since Perry has manfully tried to steer us all towards optimism this morning, I felt compelled to sink my hand into the mud, dredge up a big, smelly, greasy, filthy dollop of pessimism and smear it all over you. Oh come on, you know you love it really.
So, the USA has finally got its version of the Tony Blair/New Labour revolution and, if our experience is anything to go by, then ‘get ready for da pain’. I wish someone had had the foresight to slap an export restriction on it. It means (as if you have not already guessed) a whole heaping helping of new taxes and regulations but, most tellingly, a huge expansion in the public sector payroll. What better way to ensure future election success than with an army of loyal, grateful and dependent voters? That’s how they did it here. Welcome to the client-state. Can they do it? Yes they can. And they will.
The Republican Party (which I care little for) is probably buggered. Not only is it going to take them a long time to get over the now-universal loathing of ‘Bush and the neocons’ but they are also likely to paralyse themselves with an extended period of intra-party squabbling about which directon to take. Furthermore, it is very unsafe to assume that they will move in the right direction. We made that mistake here after the Conservatives got their clocks cleaned in three consecutive elections. “They have no choice”, we said “but to take the party in a more free market, libertarian direction”. Boy, were we wrong about that. Instead, they decided that what they needed was a big dose of what the other guy was having. Don’t be surprised if you find that the whole centre of American political gravity has shifted semi-permanently to the statist/left.
However, libertarian ideas (which I care a lot for) are also probably buggered. The Keynsians are busy priming their pumps which means that not only are things going to get worse, they are going to made worse. But do you think that Mr. Audacity and his chums are going to get the blame for that? Think again. “Unregulated, free market capitalism” (as if we have ever been within a cruise missiles range of any such thing) has already been fingered as the culprit for this crisis of regulatory statism and that gigantic lie has now become the accepted narrative. As I always say, its perceptions that matter. For crying out loud, the epidemic of violent youth crime in this country is still being laid at the door of Margaret Thatcher (“She created a greedy, me-first society where nobody cares about other people”).
Furthermore, we can expect to have to deal with an emboldened IslamoLeft. Regardless of whether or not there is any objective justification, they will see this as a vindication of their efforts meriting a redoubling of their political ‘jihad’. I’m not necessarily referring to bombs on buses here but, if I was them, I would be drooling at the sight of all those 20-something “Yes we can” chanters and gearing up to harvest a fresh crop of Useful Idiots (a Western commodity so reliable that it really ought to be the subject of a futures contract, like pork bellies or cocoa).
So, there we have it. Several reasons to be uncheerful. What do we do? I have no idea. Probably carry on doing this. What else can we do?
Have a nice day.
And come back soon.
Missing you already.