sponsored ad

Economic Recovery Hampered by Hamiltonian Politics

Although it appears that our economy is crawling in a positive direction, that fragile rise may yet be sabotaged by the Hamiltonian politics so rampant on the local, state and national levels.

Alexander Hamilton, as you may recall, strove mightily at the Constitutional Convention of 1787 and as our first Secretary of the Treasury to wed big government to big business, favoring high tariffs that raised costs of goods and diminished competition, an extravagant military buildup financed with exorbitant taxes to transform our Republic into an empire, corporate welfare for politically friendly CEOs and an expansive view of the Constitution, backed by the federal judiciary, that allowed government to stick its nose in everybody’s business. Suffice it to say, he was vigorously opposed in all these measures by Thomas Jefferson, who defeated him in life, although Hamiltonian policies have held sway in this country since 1865.

Today, all levels of government impose Hamilton’s will on every American citizen. Take Obamacare, for instance: This massive government takeover was originally alleged to (1) dramatically expand coverage (coverage is no more encompassing today than at 2008 levels); control costs and reduce premiums (yes, for a few, but for millions, premium costs are rising); not interfere with existing policies (clearly not so, except where the President violates the Constitution and declares that his own law need not be complied with by those aggrieved with losing their policies). No promises kept, but increased government control over our lives irrevocably guaranteed.

Or take our ongoing military/industrial complex that has been waging endless wars for endless peace since 1947, when President Truman set us on the imperialist path. Several pointless and painful unconstitutional president-ordered pseudo-wars later, America flounders in trillions of dollars of debt, and we’ve gotten nothing for our tax dollars except poor public education, joblessness at all-time high levels and unaffordable health care (see above). As libertarian-esque candidate Rand Paul noted, if we want lower taxes and less intrusive government we must abandon “wars of choice” and internet surveillance. We can have all that, he declared, or the Bill of Rights—but not both.

Yet, things are little better at the local and state levels. Take the city of Jackson, for instance. High taxes of every kind, poor municipal services, rampant crime, dilapidated infrastructure, toxic water supply and one of the worst public school systems in America are the Democrat Party’s legacy to denizens of Jackson.

The one place where many felt we would not see such degradations of our constitutional rights was in state politics, where the dominant Republicans understood decent government services and low taxes of every kind, so long as they, unlike Republicans in DC, could not wage pointless wars under any conceivable circumstances.

It seems we were wrong.

Just when we needed more outside tax money to help Mississippi rise from worst to first, economically speaking, our Republican legislature passed and our Republican Governor signed a bill that would essentially allow foreign corporations such as Equifax to make millions in our state without paying a dime in taxes! This relieved Equifax of paying our state over $700 million dollars in taxes, making us all wonder what their Mississippi profits must have been if the tax thereon was $700 million. Do they employ Mississippians? Do they spend any of that money here? Could we have used that $700 million on education, infrastructure, health care, etc., while reducing the tax burden on our fellow citizens?

You may fill in the blanks with any other rhetorical questions that come to your mind.

Yes, Thomas Jefferson is turning over in his grave, but he should be accustomed to that by now. The more relevant problem is what we may do to insure our country survives this miserable Hamiltonian century with the assaults made upon our economy, constitutional rights and collective good sense by politicians at all levels who care only about feathering their own nests while eroding every aspect of ours.

Jim Fraiser

Jim Fraiser

Jim Fraiser is a Jackson judge and the author of 16 books about the history, culture and architecture of the Deep South, including his recently published novel, "In An Enemy’s Country", set in Jackson, New Orleans and Paris.
sponsored ad

No Banner to display