2008 The Politician Sarah Palin Reminds Me Of
posted by September 8 at 18:18 PMon
Petty, dictatorial ambitions: Check.
Believes the sale of state-owned oil is the solution of all problems: Check.
Palin: America’s Chavez.
Updated, because this apparently was too confusing:
Yes, I understand Chavez and Palin have quite different stances on social policies.
What they share—and I find maddening—is the false confidence of trust-fund governance.
As Mahtli69 notes:
And, despite Palin increasing taxes on oil companies in her state, Alaska doesn’t have income tax, sales tax, or property tax, so I would hardly characterize her policies as socialist.
That’s the problem. Any success as a governor—or as a mayor—was due to an ability to tap unearned wealth. Think of it this way: the State of Alaska can be run as a total loss—no taxes, no economic function beyond pumping oil—and it would still be solvent just because of the State-owned oil fields. Palin’s big addition was a windfall tax on oil company profits—to cover up her own profligate spending. When she was mayor, each citizen of her town received about $4000 a year in Federal pork projects. That’s about 30 times more than someone in Boise, Idaho received.
Palin’s entire worldview—her sense of her great “executive experience”— comes from the ease by which she could lobby the feds or pump her way our of troubles in Alaska. I fear she’ll run the country with the same attitude. As we’re discovering today, we can no longer borrow, pump and steal our way out of our economic and governing problems.
Chavez, despite nationalizing Venezuela’s oil resources, hasn’t exactly been a great success. Drawing down one-time-only resources isn’t a replacement for actually solving national problems. Palin is the poster child for this false notion. Hence, my comparison.