My Dick Cheney Ramblings

* Recently Dick Cheney has been interviewed by serious hosts, saying about the same thing each time--essentially that Barack Obama is responsible for declining American influence abroad, rising Muslim-Brotherhood power, Iran's progress toward acquiring a nuclear weapon, inadequate economic recovery, perils of Israel, weakening of our military, deaths of our representatives in Benghazi, lying about it, exploding government debt--this from the architect and guiding hand of the administration that took the nation from unprecedented prosperity with budget surpluses to economic collapse with gratuitous budget deficits, that made no effort to thwart the 9/11 attacks despite warnings, that failed to destroy al-Qaida and much of the Taliban when the opportunity presented itself, that led us into a costly criminal war in Iraq.
* There isn't the slightest evidence that the Cheney administration would have led the world and guided our economy for the past 4 years better than did the Obama administration. The Republican counter-intuitive supply-side economic theory turned out to be wrong after all. Unfortunately this theory still dominates the economic conversation 4 years after the Cheney administration and 3 decades after Reagan embraced it. That's why Obama did not steer our monetary and fiscal policies further from the right and sooner.
* Cheney presents no convincing alternative to our light touch in the Arab-spring revolutions, though he implies that a more robust projection of our power could have influenced outcomes for the better (for whom?). In my opinion, we (Hillary Clinton) said too much in favor of the rebels, who may become our enemies, and too much against former leaders with whom we had previously been reconciled. Hosni Mubarak's government was more gentle and restrained than we would likely have been under comparable circumstances, and they shouldn't have been vilified or prosecuted as criminals. Some casualties are normal and expected in a mob uprising. We should have incentivized and facilitated the peaceful relinquishment of power and comfortable retirement of leaders after an honest election in those hot spots.
* It seems possible that mob uprisings may become the new norm in countries where expectations greatly exceed economic opportunities, perhaps soon most countries, now that social media and smart phones are ubiquitous. Some day we may discover a social/economic/governance system that better satisfies populations, but that will face many headwinds--deep flawed economic theories, tribalism, beneficiaries of status quo in a wealth/power vortex.

Socioeconomic model

Is there an ideal socioeconomic model to maximize peace, justice, satisfaction, progress, happiness, sustainability, goodwill? All models so far embraced across time fall short in various ways, owing to the wide spectrum of human characteristics, including intelligence, talent, physical prowess, imagination, desire, experience, opportunity, ambition, faith, gender, responsibility, luck, self restraint, compliance, cooperation, etc.
An ideal socioeconomic model would enable the vast majority of citizens to be gainfully and/or usefully employed. It would incentivize various kinds of responsible behavior, such as committed marriage, family planning, interest in current events and other knowledge, cultural involvement, respect for law, care for others, work at available jobs appropriate to education and skills. It would seek to insure agricultural reserve, which requires some restraint of population growth. It would maintain a spectrum of skills and capacities for self reliance.
Globalization of virtually all production and information industries undermines any advanced nation's attempt to implement an ideal socioeconomic model. Migrations from less advanced nations complicate such attempts similarly. Modern economists consider these trends desirable, as they result in expanding economic activity and increasing wealth for the majority of those affected. A few economists and others suspect that the associated job dislocation, loss of self respect and anxiety among an advanced nation's citizens are too great a price to pay for these results.
The western model results in too many throw-away people turning to recreational drugs and criminal life. It is fiscally irresponsible, heading for bankruptcy. It depends on immigration, resulting in demographic problems much greater than the economic problems solved by the immigration.