We are in the middle of an epochal struggle over the direction of American economic policy.
The Democrats, who are currently in charge, want to follow a Keynesian model, which entails massive government spending — with its attendant tax increases and soaring deficit — to jump-start the economy.
The Republicans think the solution to our economic doldrums is to lower taxes and decrease spending, to stimulate business activity and help the nation climb out of its crippling debt.
And then there’s Barack Obama….
You might think he would be the natural spokesman for the Democratic strategy. And when the cameras are turned on, he is. But under the surface he’s also an advocate for a third economic policy, one that isn’t spoken of in polite company: The Cloward-Piven Strategy.
Problem is, the Cloward-Piven Strategy is not simply some alternate theory about the best way to rescue the American economy. Quite the opposite, in fact. Its goal is to intentionally ruin the economy, so as to arouse popular outcry for a revolutionary and fundamental change in our economic system.
I propose that President Obama is simultaneously trying to rescue the economy using the Keynesian/Democratic model while at the same time also trying to destroy the economy through the Cloward-Piven Strategy. His two mutually contradictory plans cancel each other out, rendering all his efforts self-negating, and this explains why the American economy has stalled.
I dub this the Obama-Piven Strategy. And it’s the reason why we remain mired in a deep recession. We are neither recovering, as the Keynesian model predicts, nor is capitalism collapsing, as the revolutionaries hope; the Obama-Piven strategy ensures that we remain in suspended animation between the two extremes.
(No offense to Cloward, it’s just that the “Obama-Piven Strategy” rolls off the tongue more easily than the “Cloward-Obama Strategy.”)