The ramblings of a wandering mind

Sunday, November 9, 2008

The legacy of George Walker Bush, America's 43rd President

I wanted to get this particular blog post out before I had a chance to see the election results from Tuesday (November 4th’s) polling. Not that it would have influenced what I had to say on the legacy of our 43rd President, George Walker Bush, I also wanted my audience to be certain that I hadn’t been unduly influenced by the election results. Yet exams and assignments disrupted my plan and it wasn’t till the 9th of November that I finally had an opportunity to sit down and compose this particular post on my Dell Inspiron 1525 laptop.

Some may question the timing: The new President-elect doesn’t take office till the 20th of January, 2009, over two months away from today during which President Bush could still manage to get some major accomplishments under his belt or commit blunders, depending on which one you think him naturally more pre-disposed to. And as the President likes to point out himself to the Press corps that historians are still examining George Washington’s record and writing books about him to this day. Indeed “His Excellency: George Washington” on the life and times of our first President was a best seller in very recent times. So one shouldn’t be surprised if in 2235 A.D. people are still critically looking at whether the Iraq War was conducted appropriately or not and whether George Bush should have fired Donald Rumsfeld earlier than when he did. Yet, looking at the barrage of criticism that President Bush has been subjected to, I have considered giving people somewhat of a more balanced and less vitriolic portrait of our current President than what one might get from the mainstream liberal media and certainly from what one might get from Bill Maher.

In standard McKinsey style which I am yet to quite give up, let me start with what I believe have been the achievements of his administration. To me the most important accomplishment of President Bush has been to prevent another terrorist strike on the U.S. since 9/11, a feat which is rarely acknowledged or even recognized. Many of the readers of my blog, probably like myself, hail from India, and if they still happen to frequent rediff.com or Indiatimes.com, then they would know that in the last 4 years of the Manmohan Singh administration, terrorist attacks have become a recurring activity and those, unlike in the past, have not just been confined to Kashmir. Indeed they have taken place across the length and breadth of the country with such impunity that Non-Resident Indians like us continue to be worried about the safety of our relatives back home in India. And to no small measure, that has directly resulted from withdrawal of the Prevention of Terrorism Act (POTA) that had been introduced by the B.J.P.-led National Democratic Alliance (NDA) government and passed in a special joint session of Parliament. No doubt the fundamental weakness of Manmohan Singh himself as a Prime Minister has played a part in exacerbating the problems, but the withdrawal of POTA and the inability of the present United Democratic Front government to tackle the issue head-on is also to blame.

And it is not just India where Islamic terrorists have continued to wreak havoc. Places across the world in Spain, U.K., Indonesia, not to mention, Israel have been subjected to repeated terrorist attacks since 9/11, yet we haven’t had one as yet (and hope we never do). In large measure, I would credit President Bush for having provided leadership on the issue and enabled us to be safe and secure, facilitated in large measure by the creation of the Department of Homeland Security. Some champions of personal liberty and freedom as well as some loonies from the left (these are two distinct groups, just to be clear, the first I can reason with, the second one I can’t) would clamor about how the NSA has tapped phones of ordinary Americans in the attempt to keep us safe. Leaving aside the relative merits of that highly-contested position, I am of the opinion that I would rather have my cell phone conversations with my family and friends tapped rather than be blown up into smithereens when I am buying groceries at Giant Eagle or renting a video at Blockbuster. For all the personal qualities of President Obama that he has shown (or his supporters have attributed to him even if he hasn’t displayed them), a trait which seems to be lacking in him is his inability to clearly see the threat of Islamic terrorism and recognize it as the menace it is. Indeed if you are not even willing to recognize the problem and refuse it to call it by what it is (as is the case in U.K. where Gordon Brown banned the use of the word “Muslim” in the context of terrorist attacks), the chances that you will be able to deal with it are slim. Heavens forbid, should we have a terrorist attack in New York or Chicago or Los Angeles a few months into an Obama administration and should that turn out to be the direct consequence of more curbs on what the FBI and Department of Homeland Security have been permitted to do, the American public is less likely to be enamored with Barack and is more likely to finally acknowledge the contributions of President Bush.

Beyond his ability to curb terrorism, what else do I believe have been the other notable accomplishments of his administration? Well, something that I have been always thrilled about has been the nomination of two extremely committed and brilliant set of judges to the highest court of the land, the United States Supreme Court, John Roberts and Samuel Alito. John Roberts is the kind of the super-star everyone would like to have on their team. Summa-cum-laude from Harvard Law School, he was a Partner at Hogan & Hartson, one of the most prestigious law firms in the capital at the age of 37!1 Samuel Alito has had an equally impressive resume having been schooled at the crème-de-la-crème of the nation, Princeton University and Yale Law School and having served as a judge on the United States Court of Appeals for the Third Circuit prior to being nominated to the Supreme Court.2 The narrow conservative majority of 5-4 (and I am including Justice Kennedy in the cabal of five even though he has often defected to the other side) have enabled citizens of D.C. to enjoy their Second Amendment rights or parents in Seattle and Kentucky to successfully challenge school busing programs. I am less familiar personally with some of the justices that President Bush has appointed to the federal courts, yet if my memory serves me correctly, justices such as Janice Roger Browns, Priscilla Owen and William Pryor have also been nominated and subsequently confirmed by the Senate under his watch. All of these justices are committed to the principles on which our constitution was written and are not likely to engage in judicial activism of the kind displayed by the judges on the California State Supreme Court who have repeatedly tried to play God by legalizing gay marriage after the voters in that state have repeatedly voted to overturn it, including as recently as this past Tuesday.

Moving on to foreign policy, the failures of his administration have been more numerous than his accomplishments. Yet I believe the decision to engage more closely with India, the largest and most thriving multi-party democracy in the world (and my motherland!) and get the United States-India Nuclear Cooperation Approval and Nonproliferation Enhancement Act passed will be examined very favorably as historians look closely at President Bush’s legacy. The commitment to a two-state solution to the Palestinian issue also deserves praise.

Moving on to some of the most important failures of his administration, I believe that the decision to launch the Iraq War overshadows everything else. There are so many reasons to find fault with the decision to go into a war that one would run out of space if one had to list them all. One cannot do justice if one were not to mention the 4,173 lives lost of U.S. service men and women, not to mention, another approximately 100,000 Iraqi lives that have been lost since the invasion.3 Yet to me the biggest loss from the Iraq war has the useless distraction that it created for the American polity and the bitterness it has sown. Costly as the war has been, the biggest cost of the war in my opinion has been the inordinate amount of focus on the war to the detriment of virtually the entire legislative agenda, whether it be on Social Security and Medicare reform or Immigration reform. Social Security and Medicare reform is something that is likely to have the next President’s attention and short of ghastly tax hikes or dramatic cut in promised benefits (my preferred route), the Social Security Trust funds will start seeing more withdrawals than deposits from 2043 onwards.4 To his credit, President Bush did make some hesitant attempts to reform these two welfare programs early on in his second tenure, yet the lack of support from Congressional Democrats and some Congressional Republicans, sealed its fate. The same could be said of the President’s well-founded efforts at immigration reform which would have acknowledged the ground reality of illegal immigration and struck the right balance between treating human beings humanely and enforcing the rule of the law. Yet the fate of that too was sealed because of opposition from members of the House and the Senate and the President’s own depleted political capital, courtesy of the Iraq War did not help. When history is written, it just seems to me that the inability to get any substantial reform passed in a host of very important domestic policy matters, especially during his second term, will be seen as having been critical to the nation’s dismal state at the end of 2008.

I could go on for longer but it has already been a fairly long post and I am over my self-imposed limit on how long I would want an individual post to be. However before I do so, I cannot not pay a token nod to the electoral landscape of this week’s election. Has the legacy of President Bush affected the fortunes of the Republican Party and does the end of his tenure mark the beginning of a major political realignment of the American political scene? I will try to answer it in two parts. First, taking somewhat of a short term, it is clear that President Bush’s popularity ratings were the kiss of death for John McCain’s Presidential bid. In spite of Senator McCain’s consistent record of having been a maverick on several issues and broken from President Bush on a host of matters, the Democrats were able to successfully link President Bush and Senator McCain together and that was the beginning of the end for Senator McCain’s bid. Therefore in the short term, it is clear that President Bush has been a huge liability for the Party and its individual candidates during the 2006 and 2008 election cycles. However at a second level, over a longer time horizon of say 10 years, it is not guaranteed that the Republican Party cannot address the overcome the ghosts of these past 8 years. Doing so successfully will however mean addressing some thorny issues that have been raised by President Bush’s 8 years in office: What stance will the Party take on immigration reform? How will it best address the insecurities of the American public caused by economic liberalization and globalization without turning back on free trade? Will it continue to oppose stem cell research (as President Bush did with the first veto of his tenure in 2006 after nearly 6 years in office, something where I would again differ with the President) or will it have a more agnostic stance on the matter and let individual leaders of the party vote their own conscience on the matter? Answering these questions will be key to revitalizing the Republican Party and ensuring its continued relevance in the days ahead. Hope this has informed your views of the 43rd President somewhat. Ciao! Good night!

Cites:
1 http://en.wikipedia.org/wiki/John_G._Roberts,_Jr.
2 http://en.wikipedia.org/wiki/Samuel_Alito
3 http://www.npr.org/news/specials/tollofwar/tollofwarmain.html
4 http://www.businessweek.com/magazine/content/05_03/b3916024_mz007.htm

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Friday, November 7, 2008

I am still alive and well

When I had first started writing my blog a couple of months ago during the summer of 2008 that was in response to ramblings of a different kind I had seen on the blog of a friend of mine. In his blog he was ranting against “corporate India” and how one of his friends had got too drunk at a corporate-sponsored New Years’ Bash and made a fool of himself and moreover, how doing so would be harmful for his friend’s career prospects. I thought to myself- well that is it! I have had enough of regular folks (and that does not include those nuts at the Huffington Post) being critical of corporations and all of what comes with it, little realizing that corporations are fictitious entities which have no existence outside of the people who work at them, like you and me, and the owners of the corporations, the shareholders which again includes people, like you and me. If you find the last bit surprising, you may want to check your company’s 401(k) plan in which you are invested or any of the mutual funds you might have invested in. Chances are that you are invested in Exxon Mobil or even worse, Halliburton if you can stomach that and what is best about it, those investments would have made money for you and your family over the last couple of years!

But I digress. This present post is not meant to be a rant against the socialists and their sympathizers. On the contrary, this is one of my first (and hopefully one of very few) blog posts which is meant as an explanation for my total absence from the site for the last couple of months or so. After all for the millions who depend on my blog to help them understand contemporary socio-economic trends, I am sure that my absence was much missed and I am sure that they were starved of information regarding the political candidates and the political parties. Come to think of it, I did not even have an endorsement going on my blog (wonder who that would have been for) during this cycle when it seemed that everybody and their grand mother were falling over back wards to endorse the Messiah!

I again digress. (It is hard writing a post on what I have been up to given all of what has been going on and given that I have not had a chance to reach out to you for what seems like a very long time.) The reason for that absence is quite simple: first year of graduate school. Given that many of you are also likely to have gone through that experience in the recent (or not so-recent!) past, I hope you can empathize with my situation. So what have been the first few months like? Not too bad. In all seriousness though, I have had to work pretty darn hard over the past few months to the extent that it has occasionally surprised me as well. I don’t think that coming back to school was necessarily the hard part. After all I haven’t been out of school for that long- my years at Unilever and McKinsey were punctuated by two years at Purdue getting my MBA. The differences this time around were two-fold: 1) On one hand, I come into the program with little formal course work in real analysis and practice with trying to proof results rigorously, compared to some of my class mates. While it may surprise you, it is also true that my lack of an extensive background in economics was far less of a drawback as compared to the former, because essentially all we were doing in our economics courses is trying to proof mathematically that an utility function is concave and differentiable over an appropriate range or the existence of a maximum given a certain set of conditions (If all of this doesn’t make much sense to you, don’t worry; it hasn’t made much sense to me either.) In any case, if I were to summarize my last 2 & ½ months for you in a single sentence, it would be this: Working on assignments and problem sets involving real analysis, optimization, optimal control, dynamic programming, parametric estimation and a bunch of other things that I wouldn’t bore you about today.

Shifting gears a bit, how has the move to Ann Arbor been outside of work? Well two thoughts come immediately to the top of my mind. First and foremost, I miss my Pittsburgh friends to a degree that I would find it hard to describe in words. I am sure that with time, the sweet memories of Pittsburgh and the endless post-movie post-mortem sessions would fade out but since it has been less than three months of having left the city, that is something which hasn’t happened as yet. The hours and hours of chatting (bhatting for some) with Amith, Reeta, KD, Manoj and Sonia on every topic under the sun (by no means limited to the eternal existential question which must have plagued every single Indian American: “India vs. America”) are the things that one treasures for a life time and values more highly than mere material comforts. Not to mention the frequent parties with our other friends who happened to have committed the sin of not having chosen to stay at Highland Park such as Amlan, Nita, Debdutta, Suddhashil, Mahesh, Bhuvi, Anirban and Nabanita. And don’t even get me started on Gullu! (For those in the dark of who I am talking about, this is the baby daughter of two of my close friends who happened to be staying in the same building as yours truly.) Indeed, I will go as far in saying this: Seeing a child grow up in front of your eyes and becoming “more like a human being” is a once-in-a-lifetime experience which cannot but transform you into a different person.

After having worn my heart on my sleeve, what is the next thought which comes to mind? Unfortunately that too is not such a happy one and something I am actually glad to have a chance to rant about to my dedicated readers. It’s quite simple: Ann Arbor is an extremely liberal town and the University also happens to be pre-dominantly liberal.L Of course, reference points for me (like all of us) are shaped by places where I have been and I can say that West Lafayette, IN and Pittsburgh, PA, don’t even come close to where Ann Arbor stands on the political spectrum. Every single of the 10 members of the city council are Democratic and my campus newspaper, the Michigan Daily happens to be hugely liberal and doesn’t seem to have any compunctions about endorsing Democratic candidates of every ilk at every single level of government, whether we are talking of the U.S. Presidential race or a State Senate race or (what the hell), even for the post of the City Dog-Catcher (OK, I made this one up). If there is one thing I could change in the 5 years (or maybe more!) that I would happen to be here, it would be to make the campus environment a wee bit more favorable for the Republicans so that one doesn’t have to feel so out of place like I occasionally do when I see the gazillion emails, flyers and postings on topics such as “securing reproductive rights for women” or “achieving distributive justice through inclusive human rights” or whatever other crap the liberals can come up with.

I have spoken for far too long than what I intended and so it is time to shut up and get back to my course on Game Theory where I am trying to characterize the Nash equilibria of a price setting game with fixed capacity. I hope to have at least one more blog post on something I have been thinking about for a while, viz. the legacy of George W. Bush (I know what you are thinking!) and then if I am motivated enough, even one post on getting my party, the Republican Party back on track so that it doesn’t lose moderates like most of the readers of this blog. Hope you will come back for those. Ciao!

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