Friday, October 1, 2010

Tea Party vs. War Party

“We’re all on the same page until the polls close Nov. 2,” Richard Viguerie, the longtime conservative strategist who has allied with the Tea Party, told The New York Times. After that, “a massive, almost historic battle for the heart and soul of the Republican Party begins.” Indeed, such a battle seems unavoidable. Consider. The great issue uniting and motivating the Republican Party and Tea Party is the deficit-debt crisis, a national debt nearing 100 percent of gross domestic product and a deficit of 10 percent of GDP. As to the cause of the deficit that could precipitate a run on the dollar, double-digit inflation, even a default, the Tea Party and GOP also agree — federal spending that consumes 25 percent of GDP. Both are also on the same page in their opposition to closing the deficit with new or higher taxes. This means spending must be slashed. But to cut the budget to 20 percent of GDP, where it was before George W. Bush and Barack Obama, requires spending cuts of an astronomical $700 billion a year. Even then, the 2011 deficit would be $700 billion. Which leaves one place where a bipartisan majority may be found for major spending cuts: defense and the empire, the warfare state. The “agonizing reappraisal” of commitments abroad that John Foster Dulles predicted half a century ago may be at hand. And here is where the Tea Party and War Party split the blanket...more

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