A Quote by Heather Cox Richardson
Republicans controlled the federal government for decades after the Civil War, and their policies funneled wealth upward -- with dire consequences. In 1893, the economy crashed, and too few Americans had enough purchasing power to revive it. Lincoln had been right: Government that served the wealthy would ruin the country.
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Obama is now fighting for his life. He's fighting for a federal government. I believe in a federal government. I hope it sticks around. We had the American Revolution. There was this whole tension between the federalists and the anti-federalists. Then we had the Civil War. We had Lincoln fighting for it. And the secessionists were there. And we have the same issue today.
Let's face a historical truth: we have never had a "free market", we have always had government intervention in the economy, and indeed that intervention has been welcomed by the captains of finance and industry. They had no quarrel with "big government" when it served their needs.
The founders had a strong distrust for centralized power in a federal government. So they created a government with checks and balances. This was to prevent any branch of the government from becoming too powerful.
Poverty is a national issue and needs a federal response. After all, U.S. federal government policies helped produce massive income inequality by lopsided breaks for the super wealthy.
In 1884, for the first time since the Civil War, voters had elected a Democrat to the White House. Grover Cleveland promised to use the government to protect ordinary Americans, and to stop congressmen from catering to wealthy industrialists.
When that devil's bullet lodged itself inside the body of Martin Luther King, he had already begun an astonishing mobilization of poor, Black, white, latino Americans who had nothing to lose. They would challenge our government to eliminate exploitative, merciless, and war-mongering policies, nationwide, or else "tie up the country" through "means of civil disobedience." Dr. King intended to organize those legions into "coercive direct actions" that would make of Babylon a dysfunctional behemoth begging for relief. Is it any wonder he was killed?
Republicans who controlled the government in the 1920s insisted that national prosperity depended on government protection of the rich, who they believed would plow their capital back into the economy to provide jobs and higher wages for workers.
Any money the government spends must be taxed, borrowed or conjured out of thin air by the Federal Reserve, and that will reduce sound private investment. Obama has no real wealth to inject into the economy. He can only move around existing money while inflation robs us of purchasing power. Meanwhile, private investors who might have produced a better engine, battery, computer, cancer treatment or other wealth-creating and life-enhancing innovations hold back for fear that big government will undermine productive efforts.
The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government.
Americans are better off in a dynamic, free-enterprise-based economy that fosters economic growth, opportunity and upward mobility instead of a stagnant, government-directed economy that stifles job creation and fosters government dependency.
Yes, the rise in corporate power had roots in the gearing up for the Civil War. Abraham Lincoln was a Whig, a supporter of government aid to expanding industry - to "internal improvements" that supported the growth of business. He was an early capitalist, not one who wanted to preserve some rural paradise.
We [the Republicans] help the middle class when we unburden them from the very policies that Hillary Clinton would double down on. She champions Big Government, which we know enables crony capitalism and exacerbates inequality. If you are wealthy, powerful and well-connected, you can handle Big Government.
The more we allow Republicans to concentrate the lion's share of wealth in the hands of a few, the more power these wealthy few will have. And they will use this power to continue rewriting the rules of both our economy and our political system in their favor.
Abraham Lincoln is singular. Abraham Lincoln, before he was killed, stood up and, you know, for the first time from any sitting president, stood for the right for suffrage for African-American men who had served in the Civil War. And that's a limited suffrage, but it was quite radical at the time.
Some members of Congress will claim that the federal government needs the power to monitor Americans in order to allow the government to operate more efficiently. I would remind my colleagues that, in a constitutional republic, the people are never asked to sacrifice their liberties to make the jobs of government officials easier.
Right after the Civil War there was considerable talk about reviving Lincoln's brief experiment with the Constitutional monetary system. Had not the European money-trust intervened, it would have no doubt become an established institution.
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