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Democracy and Power 106: A politician receives no financial gain for good policy or punishment for bad policy.
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. – Thomas Sowell
A politician’s rewards are immediate – power, prestige, and perquisites.
In the Wall Street Journal, Steny Hoyer, the Majority Leader of the House of Representatives, acknowledges the enormous and every expanding debt, and calls on Americans for “shared sacrifices.”
First, Hoyer states: Americans are rightly outraged over our nation's fiscal situation. Then Hoyer says the debt was not totally created by the Obama Administration. This is true.
Next Hoyer puts his thirty years of political obfuscation to good use. Citing the CBO, he claims the recent healthcare legislation is on “a path” to bring down costs. Contemptibly, he does not say the CBO was required to respond to selected question created by Congress to produce the rigged results.
Hoyer then touts freezes on discretionary spending and pay-go rules. The spending freeze is miniscule and the pay-go rules have already been broken. As Hans Sennholz, an Austrian School ecomomists, once noted:
Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity.
The truth is many Republican and Democratic Congresses and Presidents have created the debt, and now Hoyer is asking all Americans and future Americas for shared sacrifices:
Recovering from years of borrowing is one of the hardest tasks a nation can face. History is full of great powers brought low by unsustainable debt. Avoiding that fate isn't just the commission's or Congress's work. It's incumbent on all of us to resist easy answers and look reality in the face. Fiscal issues have always been tests of national character, and I trust that we have the character to pass.
Now let’s meet the real Representative. Steny Hoyer ia a consummate politician who, during thirty years in Congress, has obtained great power by actively participating in creating this dangerous debt. Hoyer, similar to most Democrats and Republicans, gained power and influence by being a loyal party member. He forged mutually corrupting relationships with special interest groups, particularly the federal employees. And he “brought home the bacon” for his constituents. The following quote is from his official website:Congressman Hoyer's service as Majority Leader makes him the highest-ranking Member of Congress from Maryland in history. Now serving his 15th term in Congress, he also became the longest-serving Member of the U.S. House of Representatives from Maryland in history on June 4, 2007.
Obviously, Hoyer is a very competent person and for thirty years he successfully gained political power and influence. Along with every member of Congress, he knew they created the fiscal crisis we're facing. Power and prestige prevailed over good policy. Now, when the debt is dangerous, he calls on shared sacrifice. He ends his article with this hypocrisy: Fiscal issues have always been tests of national character, and I trust that we have the character to pass.
Only when politicians are penalized for the misappropriation of other peoples money will the problem of debt not continue to occur.
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