'Genetic Republican' John G. Taft on the Future of the GOP

Thursday, October 24, 2013

In the wake of the government shutdown, the Affordable Care Act remains intact and the Republican Party is licking its wounds and taking stock.

Some of the Republican old guard had harsh words for Tea Party favorite Ted Cruz on CBS's "Face the Nation" this week.

"The tactic of defunding the government unless he repealed his signature issue was as poorly designed as Obamacare itself," Senator Lindsey Graham (R-SC) told host Bob Schieffer. 

His colleague Mitch McConnell agreed. "A number of us were saying back in July that this strategy could not and would not work, and of course it didn't. So there will not be another government shutdown; you can count on that," Sen. McConnell said. 

The Tea Party and its allies may have propelled the Republicans to victory in the 2010 midterm elections, but John G. Taft, great-grandson of 27th President William Howard Taft, is worried about the state of the GOP. Taft, the author of "Stewardship: Lessons Learned from the Lost Culture of Wall Street" and CEO of RBC Management USA, examines the GOP's past and present, and shares his hopes for the party's future.

Guests:

John G. Taft

Produced by:

Jillian Weinberger

Editors:

T.J. Raphael

Comments [2]

Mr. Taft may be interested in my book "The Way Out" for an actual solution to the continuing mess down in Washington, and also my longer work "Popular Capitalism", for some synergy of its Populism with the root ideology of the Republican Party, civic republicanism. Both may be gotten through links at www.popular-capitalism.org.

On the latter point, one is reminded of the friendship between Theodore Roosevelt and Tom Watson. I, at least, was when I realized that my Populist economics book was also a working out of civic republicanism.

Oct. 25 2013 02:51 PM
Jerrold Richards from Lyle, Washington

In Washington State, the top two winners of a primary election go on to the general election. That has done a pretty good job of weeding out the extremists. I recommend it on a national level.

Oct. 24 2013 12:54 PM

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