Sunday, December 11, 2011

Obama in Kansas 6 December 2011



Shared prosperity is not just the  vital cornerstone of social stability and cohesiveness but the key to a sound and sustainable economy. The support for many govts today depends very much on how well they tackle the issue of income inequality.

Obama inherited the worst initial economic conditions since Franklin Roosvelt in the 1930s. If you can recall, the US and the world economy went into freefall in early 2009.  Even before the financial crisis, the US economy had serious problems as the income inequality rose to levels that was only seen in 1929, the eve of the Great Depression. Obama was elected to office to address the income iequality problem and mitigate the effects of income gap by reforming healthcare. Howver, before he got around to solving the longer term problems, he had to find ways to stop the US economy from plunging into the abyss. The US economy has since rebounded but the recovery has been unsatisfactory because the financial crisis resulting from the birsting of the housing bubble seriously damaged a large part of US economy - the housing sector kept falling even as the economy recovered causing a drag on job creation limiting the magnitude of the recovery. Throughout his presidency, Obama was thwarted by the big business lobby that tried to stop health care reform and environmental protection policies by misinforming the American public. Impatient with the slow economic recovery, American voters compounded Obama's problems by voting a group of  right wing Senators supported by the Tea Party who later blocked tax reform,  measures to control waste in defense spending and attempts to regulate the financial sector to prevent future crisis. Much time is lost in the US political deadlock on issues for which the clock is ticking like climate change. The frustration has spilled into the streets with Occupy Wall Street movement spreading across the country.

There is only one developed country in the world where the income gap is higher. The only place in the developed world with a 3rd world wage structure where a man can work full time without minimum wage and cannot afford to raise his family ...and he is still required to support the hawkish stance of the ruling party by serving in the military as a conscript without in return getting the corresponding security of social safety nets and universal health care. Worse still,  he is made to compete with a massive influx of foreigners that gives business and state owned corporations access to cheap labor from 3rd world countries at time when corporate profits as share of GDP is at historic highs. The frustration has built up but kept hidden by harsh authoritarian rules and a state controlled media  ....but as the thresholds are crossed and the middle class declines, the demand for change will grow stronger with time and at some point accelerates and becomes unstoppable.

35 comments:

Lye Khuen Way said...

Lucky, no prize from you on that other 'country' or was it a city-state.

Anonymous said...

"The frustration has built up but kept hidden by the harsh authoritarian rules and a state controlled media ....but as the thresholds are crossed and the middle class declines, the demand for change will grow stronger with time and at some point accelerates and becomes unstoppable."
Lucky Tan

If there is so much frustration, how come 60% still voted for the PAP?

Majority (60%) are not frustrated?

Or is it some frustrated also voted PAP, then it's wonderful for PAP what, right or not?

So if like that how can demand for change get stronger, let alone unstoppable?

Anonymous said...

I know i know i know teacher. The country is .... huhhhhh issss ..... Sinkapore.

Teacher : Wrong !!! Go check your spelling.

Veritas said...

Obama was held captive by big business. Otherwise he could have revive US economy better shape than anytime in the history of mankind.

I deduce this by studying Nazi economics 1933-1939. When Hitler came to power, his situation was 100x worse than Obama.

By 1939, Germany achieve full employment and become again the strongest country in Europe.

Not only that, Hitler has actually build a welfare state. The poor get fed, the old get nursed.

Hitler's economics are extremely difficult to research on given the deliberate obscuring by all intellects.

I conclude from there that, the misery of the world is the discrete intention of elites.

Anonymous said...

OK lah, people can accept that 60% voted PAP because opposition is fragmented and not ready to rule.

But then for the Presidential elections, why only 25% voted for Tan Jee Say, a former SDP member? The President no need to rule what. And where got fragmented opposition for Presidential elections?

So this part how to explain? Can Lucky Tan explain?

Anonymous said...

"I conclude from there that, the misery of the world is the discrete intention of elites."

A lot of the economic & financial concepts were first implemented with a good intention. However, it got subverted and abused by the unscrupulous powerful few.

A lot of people (even people who are entrusted with heavy responsibilities) are just too lazy or too freighened to question themselves on the intricacies of these concepts and will happily take any baits which are placed in front of them.

Economic & financial concepts are static and presumptous. The human minds of some people are ingeniously dangerous and they are those who are able to slither through the maze (loopholes) of these economic & fianancial concepts to spring you some nasty surprises.

Anonymous said...

"I conclude from there that, the misery of the world is the discrete intention of elites." Unquote.

And the discrete intention is none other than greed.

patriot

Anonymous said...

11/12/11 10:54 "If there is so much frustration, how come 60% still voted for the PAP?"


Heard of the Stockholm Syndrome?

freemanland said...

POPULISM

Anonymous said...

The USA as a country is basically fucked. With so many nutheads holding key positions, even 10 Barack Obamas will not change the situation.
He will get re-elected but change the system ? Unlikely no matter how hard he tries.

Anonymous said...

The problem lies with the intelligence of the electorate. The 60% couldn't care less because they are currently living in bliss, woefully unaware of what is going wrong with the country. The politically aware generation can help by printing out online articles like these and spread the message around to those numb skulls.

Anonymous said...

"The USA as a country is basically fucked. With so many nutheads holding key positions, even 10 Barack Obamas will not change the situation."

They are not nutheads. They are very very "smart" being able to evolve a global order or system which the whole world has entwined themselves to theirs so tightly that no country knows how to get out of it completely.

These nutheads that you are talking about will take turns to throw water at one another and take turns to dry themselves up. Only the unlucky few like Mandoff will end up in the dump but for the great mess that they helped create more should be done.

Anonymous said...

//If there is so much frustration, how come 60% still voted for the PAP?

Majority (60%) are not frustrated?

Or is it some frustrated also voted PAP, then it's wonderful for PAP what, right or not?

Anon 11/12/11 10:54//

TT(endorsed by PAP) secures only 35.19% of votes shows that majority (2 out of 3) of Singaporeans are frustrated.

The real issue is, why PAP still managed to obtain 60% of votes?

Awakened said...

Obama is a sweet-talking politician. He merely crafted a speech that his audiences want to hear; so that he is seen resonating their feelings and concerns.

It is a political speech. Don't be easily hard so quickly without thinking hard enough.

A lot of the sub-prime crisis has to do with Obama's leadership. Who was the man who elected that guy who was heading the whole sub prime crisis?

Obama. They're all in it together. Obama needs them to finance his election campaigns and they need him to get their billions.

It's a marriage and the audience are getting it for a second round now.

Anonymous said...

Lucky: "There is only one developed country in the world where the income gap is higher..."

This is uniquely Singapore.

Citizens of Singapore have to swallow the fact of earning third world wage to support first world wage and income of the rich, bosses and senior civil servants,

Singapore citizens must serve 2 years of national service (previously was 2.5 years) to defend the lives of foreigners, permanent residents and the rich and their properties,

Singapore citizens are treated as last class citizens as no job opportunity is opened to them. All good jobs are taken up by foreigners and permanent residents as employers treat foreigners and permanent residents as first class.
Effectively, Singapore citizens are discriminated in job application on Singapore land.

Anonymous said...

QUESTION:
Singapore's 60%. Why? Why did you vote the way you did?

ANSWER:
60% still believe in the BIG LIE.

The source of the Big Lie technique is this passage, taken from Chapter 10 of James Murphy's translation of Hitler's Mein Kampf:


" All this was inspired by the principle--which is quite true within itself--
that in the big lie there is always a certain force of credibility;

because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily;

and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie,

since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods.

It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously.

Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation.

For the grossly impudent lie always leaves traces behind it, even after it has been nailed down, a fact which is known to all expert liars in this world and to all who conspire together in the art of lying. "

—Adolf Hitler , Mein Kampf, vol. I, ch. X[1]


http://en.wikipedia.org/wiki/Big_Lie

Anonymous said...

from speaking to quite a range of people, the 60% seem to have voted the way they did out of fear (yes still fear, of retribution from the govt and that things wld collapse if the pap is not in charge).

they are gullible (they actually believe the PAP's promises to change, are grateful for small things like the effort to ease the flooding on the west coast. they were touched by a "sorry".)

they are uninformed (they still claim the opposition candidates are no good tho these people have had no chance to try, and the jokers that the PAP offered up are pretty weak. they are dazzled by pple with high positions and fancy degrees. and despite all the solutions the opposition may offer, they say these guys have no ideas!) quite a few dont think.

they are grateful (for things past, rather than looking at the lousy situation in the present.)

they are bamboozled (by all the illogical arguments and threats given out.) and did i mention that quite a few don't think? we've been trained well not to do so. that's why sporeans so rarely hold top posts these days. instead foreigners are called to do so, except in the odd case. and then one seems to be able to find a connection betw these rare people and those in power.

Anonymous said...

The Party Against People.

They don't like fellow Singaporeans.
"If you think Singapore no good, then why don't you leave?"

They don't respect fellow Singaporeans.
"daft", "need spurs", "what you want? 3 meals in a hawker centre, foodcourt or restaurant?"

But they claim to represent you as your political leader.
Since 60% of us voted for them.
Ask your conscience.

Do they really represent you with their million dollar salaries in their bungalows protected by Gurkhas?"

Vote Opposition. It's time we give real Singaporeans a chance to represent us in Parliament.

Don't worry about freak election results.
40% votes = 6 Opposition MPs
80% votes = 12 Opposition MPs.

PAP will still form the next government in GE 2016.

But would be nice if they get less than 50% of the votes.
Then can no longer claim to "represent" majority of Singaporeans"

Like Tony Tan.
Our 35.19% President.

Anonymous said...

//Singapore's 60%. Why? Why did you vote the way you did?
Anon. 11/12/11 16:10//

Many factors contributed to the 60%votes:

1)Many opposition candidates are relatively unknown and some of them (such as Ang Mo Kio GRC) did not even conduct any election campaign.

2)PAP has the support of MSM, RCs, CCs ….

3)The election campaign period of only 9 days is too short for opposition candidates to reach out to the voters. Also the election rallies were mostly held at remote places such as stadiums.

4)Many unhappy voters still voted for PAP due to the factor of fear.

5)Voters just received money for the “progress package” which is one of the 2011 budget goodies.

Anonymous said...

GE 2016 is a long way to go. Enjoy the day please.

This is Singapore. Nothing changes.

The opposition should stop hijacking Mr. Tan's blogs each time with their 60% nonsense and go do their ground work to making a first-world parliament.

All those rantings are meaningless. It's not 2016. The year is 2011.

Live intelligently, please.

Anonymous said...

" GE 2016 is a long way to go. Enjoy the day please. "

We are not members of any Opposition parties.

Just some very loyal, angry and pissed off citizens.
We are carrying out our National Pledge to build a democratic society based on justice & equality.

GE 2016 starts today for us.

Don't you wish your money faced party had such dedicated members?

Why don't you take your own advice?
Switch off your computer.
Enjoy the day.

Anonymous said...

Anonymous said...

If there is so much frustration, how come 60% still voted for the PAP?

11/12/11 10:54
*****************
Bcos Singapore is a dictatorship/oligarchy and not a democracy?

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Anonymous said...

A thief is still a thief whether he is brilliant or stupid. America is a society in which most the rich and powerful exploited their positions to enrich themselves usually at the expenses of others. That is why the value system is so warped. When thieves can go onto the mass media to justify their actions, that is the surest indication that the society is in decline.

Admin said...

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Dont forget to give us some your comment into my blog and following me back too.

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* BLACK HEART 2012 *

Anonymous said...

I will continue to vote for PAP right or shine.

I am one of the 60% and I am proud to be a PAP voter.

Anonymous said...

Typical PAPie Stooge.

All rhetoric.
No substance.

Anonymous said...

The pap is DOOMED. The moment LKY kicks the bucket, the pap will be disintegrate.
Just look at the depth of the pap talent pool. Very shallow, like monkeys running around.

Anonymous said...

If PAP is no good, opposition is no better.

Like that how?

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Anonymous said...

"If PAP is no good, opposition is no better.
Like that how?"

Even if Opposition is no better than PAP;
Opposition will be a lot cheaper ( I mean cheaperer)

Cheap & Lousy is betterer than
Expensive & Lousy

But realistically,
the standard is already so low,
the opposition really cannot do any worse.

Anonymous said...

Obama's election cost > US$100M.
He has since put 1 in 7 yanks on food stamp.
Spent billions more on wars.
Inspiring grass root revolts like the Tea Party .. Who were of course quickly castrated and discredited. A bit like what PAP does to SDP.

But hey ... If Mr Lucky says Obama is a great leader ...

Xianlong said...

"The frustration has built up but kept hidden by the harsh authoritarian rules and a state controlled media ....but as the thresholds are crossed and the middle class declines, the demand for change will grow stronger with time and at some point accelerates and becomes unstoppable."
Lucky Tan

It is like a dam with plenty of glaring cracks & before long they are going to rip right open. When a dam collapses, it happens suddenly & the water comes through thick & fast.

Pressure will get more & more in S'pore & once the 'dam' breaks, the flood of acceptance will sweep away the remaining denial.