DARK HORSE: Bernie Sanders 2016- Trump on a Dime

“He’s not a war hero,” Trump said flippantly of Arizona Senator, former prisoner of war and fellow republican John McCain. “He’s a war hero because he was captured. I like people that weren’t captured.”

He was speaking before a crowd of about 3000 supporters on Saturday January 18th in Ames Iowa. Condemnation by fellow republican candidates was swift and predictable. Unlike the immigration issue, and Trump’s comments that Mexican immigrants were mostly “murderers” and “rapists”, saying that “some, I assume, and good people” the republican field quickly split with Trump. Rick Perry called him unfit to serve as president. He was alone in condemnation of Trump the candidate. Wisconsin Gov. Scott Walker couched his criticism, simply saying that Trump should apologize.

The following morning, on FOX News, an unrepentant Donald Trump pretended he was the victim, and that he alone was responsible for reigniting first the immigration debate and second the plight of veterans in the US. Perhaps Trump missed, at least the past 5 years of near constant debate and political blustering over both issues. Recall during the 2014 midterms both the VA scandal regarding medical treatment for veterans and the immigration issue, particularly with the so-called flood of young immigrants to the border, figured prominently. The media was oversaturated with those stories to the detriment of other economic, international and social issues, specifically the Ukrainian crisis, Greece and growing discontent over the general mismanagement of the economy at home in the US. FOX News was cordial and served functionally as the spin machine for rightwing causes.

This week Donald Trump emerged as the frontrunner in public opinion polls of republicans. That was based more on his media fame than by donor support. Jeb Bush was drawing strong financial support, well north $120 million, mostly through wealthy industrialists and foreign interests, like Saudi Arabia funneling money through Super PACs. Scott Walker also has stronger financial backing from the Koch Brothers than the financially leveraged Trump, who raised less than $100.000 Dollars while loaning his campaign at least $1.4 million.

Apart from Perry, who remains so marginal in polls that he has nothing to lose by assailing Trump was the only candidate universally condemning him. The rest have afforded enough wiggle room for maximum political advantage, knowing full well that Trump’s supposedly unguarded statements enliven the base. It may prove however a mixed blessing, as this rhetorical Godzilla may well begin to believe he actually has a chance of getting the republican nomination. Like big business discovered with the evangelically stained Tea Party, the monster you make may not be the monster you keep.

Trump, born to wealth and privilege did not serve in the military. Eligible for the draft during the Vietnam War, he avoided serving through a series of deferments. Like the immigration issue, Trump believes his attack on McCain’s service will enliven the veteran’s issue, doubtlessly attempting to capitalize on the recent shooting by the apparent Islamic extremist in Chattanooga Tennessee. Nowhere in that discussion, however, there has not been any substantive discussion on the policies and hypocrisy leading to many of the issues faced by veterans, and by many millions of other Americans as well.

On Sunday July 19th, The Los Angeles Times (http://www.latimes.com/nation/la-na-ptsd-report-20140621-story.html) cited a new Congressional report on the Pentagon and VA’s ineffective treatment of PTSD, the report calling it “ad hoc, incremental and crisis driven”. There have been no recriminations on getting into future wars that would place extraordinary burdens on the US economy, both through the execution of the war and through the long term hidden costs of medical treatment for disorders like PTSD as well as physical disabilities from combat. The Iraq and Afghanistan Wars cost the nation and estimated $2 trillion. Afghanistan alone was costing the US taxpayer an estimated $6.7 billion monthly, (http://usatoday30.usatoday.com/news/military/2010-05-12-afghan_N.htm) with as much as another $4-6 trillion in medical costs and effects on the economy and US foreign policy over the coming decades.

Paul Solman, explored the emerging cost in 2007 on NewsHour on PBS:

PAUL SOLMAN, NewsHour Economics Correspondent: The cost of the Iraq war, it’s a far cry from the original estimates.
DONALD RUMSFELD, Former U.S. Secretary of Defense: The Office of Management and Budget estimated it would be something under $50 billion.
GEORGE STEPHANOPOULOS, Host, “This Week”: Outside estimates say up to $300 billion.
PAUL SOLMAN: The $50 billion estimate turns out to be a modest fraction of what the war has actually cost thus far, the out-of-pocket, mainly military costs.
GREG SPEETER, National Priorities Project: We’re averaging, over the period of the war, about $275 million a day.
PAUL SOLMAN: Greg Speeter runs the National Priorities Project and its costofwar.com Web site, which tracks the spending per second. At this point, says Speeter, the total is close to $450 billion.
GREG SPEETER: That gives you some indication of just how expensive this war is.
PAUL SOLMAN: But, no, it really doesn’t, according to those who’ve looked at the numbers more broadly. As economist Linda Bilmes explains…
LINDA BILMES, Harvard University: Even if we withdrew all of our troops from Iraq tomorrow, the war would still keep costing us money for many, many years to come, because there are several long-term costs which are not included in the running costs of the war.

Even at those conservative numbers, back in 2007, that still puts the cost to over $1.7 trillion. The United States government, primarily the Bush administration, borrowed hundreds of billions to finance the war. That has an impact, a dramatic impact on a struggling economy. Veterans, like working poor families and many minority and poor white communities, communities from which many of our nation’s military are drawn, are the first and hardest hit in difficult economic periods.

On December 14th 2014 the national debt grew beyond $18 trillion. While that historically immense number is fodder for media pundits and partisan candidates on both sides, who routinely draw comparisons to Greece, mostly to assail social welfare programs the comparison falls rat her flat. While it is the US has the highest debt in the world it also has the largest economy and the greatest nominal GDP. While US debt is around 106% of GDP, that number is still lower than the UK at 405% of GDP, Switzerland at 229%, Germany with 145%, to name a few. To battle that rising debt, however the US has essentially created a shell game.

The US, banks, corporations and the wealthy profit off the creation of national debt. But in reality that profit is a sort of theft. Since the US owns ¾ of its debt (China and foreign investors the other 1/3), payment and interest on that debt is akin to taking $7 from the left pocket to pay the right pocket, then loaning $5 Dollars back to the left pocket again. One factor deciding that rate of repayment are interest rates, which have been kept historically low in an effort to drive economic growth, like small businesses and consumers who, it is expected, will spend enough to help refill the Left pocket. Raising interest rates while consumer spending and the overall economy is slow runs the risk of draining the left pocket (http://www.thefiscaltimes.com/Articles/2014/01/08/Rising-interest-rates-will-slam-Federal-Budget).corporate-profit-margins

Consumer confidence was at an all time low since the CCI began measuring data in June of 1997 at the end of 2008 before Barack Obama was elected and for a year following taking office, which most economists would agree was due to the impact of the global financial crisis. While consumer confidence has rebounded substantially, reaching and exceeding the CCI for much of the Bush administration, consumer confidence is much lower than the peak years during the Clinton administration from 1997 to 2000 (http://future.aae.wisc.edu/data/monthly_values/by_area/998?grid=true).

Those peak years were the years in which deregulation and trade agreements like NAFTA began draining manufacturing jobs from the US. Wages have been driven down by US corporations who use the media and elected officials to propagandize to the American people a policy of driving down wages to compete with foreign workers. This comes as corporate profits are at historic highs, particularly relative to collapsing middle and working class wages (http://www.businessinsider.com/profits-versus-wages).

The loss of manufacturing jobs to countries like China cannot be overstated. According to Bloomberg, China’s wages rose between 10-15% in 2014, while average hourly wages for US workers grew by less than 2%, a full percentage point behind annual average inflation. That describes, in fact, negative wage growth for US workers. Meanwhile, corporate profits have skyrocketed (https://research.stlouisfed.org/fred2/graph/?id=CP).wages-to-gdp

The mismanagement and abuse of the American economy is clear. For Hillary Clinton, posturing judiciously to stave off Bernie Sanders’ substantial challenge, her rhetoric often does not match her policies. While courting corporate and financial/banking donors, the very same donors her husband championed to the detriment of workers under NAFTA, for example, she appears to pander to the progressive/liberal base. But there is more that impacts veterans and tens of millions of other Americans struggling at the margins. We will explore that in the next post.

Listen Saturday’s from 11am-1pm to WC Turck, Brian Murray and guests on Chicago’s real alternative media, AM1680, Q4 radio, streaming at www.que4.org.
CAM00236WC Turck is an author, artist, playwright and talk radio host in Chicago. He has been called the most dangerous voice on the Left. His new book “A Tragic Fate: is an unflinching look at the events leading up to the shooting down of Malaysia Air Flight 17.” His first novel, “Broken” was recommended by NAMI for its treatment of PTSD. In 2006 he published “Everything for Love,” a memoir of his experiences during the siege of Sarajevo. He wrote and produced two critically acclaimed plays, “Occupy my Heart” and “The People’s Republic of Edward Snowden.” He works with the homeless and foreclosure victims in Chicago. He partners in a weekly radio show dedicated to issues, society and politics with cohost, activist and artist Brian Murray For more information, past shows, videos and articles, visit www.revolutioandbeer.com

The Illinois Policy Institute (IPI) is a conservative think tank with offices in Chicago and Springfield, Illinois, and member of the State Policy Network. IPI is a member of the American Legislative Exchange Council (ALEC) as of 2011. IPI is also a member of ALEC’s Health and Human Services Task Force and Education Task Force. Senior Budget and Tax Policy Analyst, Amanda Griffin-Johnson, presented model legislation (the “State Employee Health Savings Account Act”) to the HHS task force at ALEC’s 2011 annual meeting.[4] Collin Hitt, Director of Education Policy, is a private sector member of the Education Task Force representing IPI. He sponsored the “Local Government Transparency Act” at the ALEC 2011 States and Nation Policy Summit. In its 2006 annual report the Cato Institute states that it made a grant of $50,000 to the Illinois Policy Institute. The Cato Institute is a libertarian think tank founded by Charles G. Koch and funded by the Koch brothers.

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