John Ransom

On the debt ceiling some conservatives need to take a deep breath. Because, excuse me, but I really like it when conservatives win elections that change policy.   

If anyone thought that by winning the House in 2012 that the GOP would have the political power to balance the budget and make real cuts in spending, they don’t understand quite how the Constitution that they like to quote really operates.

The Democrats started winning elections in 2004. In 2008, with the election of Obama, we saw liberals reach their high water mark. They were able to barely pass Obamacare because they barely controlled the U.S. Senate in addition to the House and the Presidency.  

In 2010 conservatives helped a great deal in getting the GOP to take back some of the states and the U.S. House. But the budget we have now reflects the divided government we have.

Funny how that works.

In order to get anything like the budget deal that conservatives really want, we’re going to have to wage a long war that will include winning multiple elections. The GOP will have to win the House and the Senate by super majorities or control a super majority of state legislatures.  

While some conservatives have said that we should have shut down the government to force real cuts, the downside was that conservatives would end up on the losing side of a debate that they are currently winning by a big, safe margin.

Voters, especially independent voters, continue to think that federal spending is out of control. And they’re right. It’s our job to make them understand that they need to support candidates who will get spending under control. That’s what elections are for.

Conservaties will continue to win elections as long as we don’t make big mistakes.

They'll win mostly because the economy will continue to be dominated by Obamanomics. The economic policies of Obama have been such a failure that his coalition is fraying.                  

The general relief that the markets felt in wake of an apparent debt ceiling deal was short-lived on Monday.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.