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EDITORIAL: Time to get country on right track

2012-11-10T22:32:00Z 2012-11-12T17:39:05Z EDITORIAL: Time to get country on right track Glens Falls Post-Star
November 10, 2012 10:32 pm

The worst part about the past election season was the daily reminder of the deep and complex problems facing our nation that seemed insurmountable.

It brought us down and we are sure it brought you down.

We wondered on more than one occasion: What has happened to our country?

What we need more than ever is leadership.

That needs to start with President Obama, but it doesn’t end there, and it won’t mean anything unless there are others who are leaders, too; Republicans and Democrats willing to put country and constituents first without an eye on the next election.

We need leaders in both houses of Congress, we need them in Albany and we need them in our own communities fighting for solutions.

It was encouraging this week to hear Speaker of the House John Boehner speak in a conciliatory manner the day after the election.

“Mr. President, this is your moment,” Boehner said Wednesday. “We want you to lead.”

By saying those simple words, Boehner was leading, too, and giving us all hope for the first time in years.

“Let’s find common ground that has eluded us,” Boehner said. He spoke of addressing the federal budget with solutions that included spending cuts, new taxes and addressing social benefits programs.

That type of proposal seemed unthinkable just a week ago and it came less than 24 hours after President Obama promised in his victory speech to reach out to Republicans and work for the greater good of our country.

Could it really be that easy?

We suspect it will be difficult to find that common ground, and by Friday, Boehner seemed to be backtracking on his earlier statements, but maybe the first baby steps have been taken. We all have to be better citizens and hold our leaders accountable. We need to be willing to let them compromise.

In that spirit, we call for our political leaders, in the grand tradition of the American dream, to think big, to reach high, be bold and make our country one we all can be proud of in the future.

Here are a few grand gestures we would like to see immediately:

We need a moon moment

Just as John F. Kennedy challenged the nation to land on the moon before the decade is out in the 1960s, Barack Obama needs to challenge the auto makers to build a car — before this decade is out — that will get 100 miles a gallon.

An iEnergy system

In the great spirt of Apple and Steve Jobs, the federal government should offer up a $1 billion prize to the first business, entrepreneur or corporation that can come up with a workable patent for a hydrogen car or alternative energy system to heat our homes. iPads are cool, but an iEnergy system could change the world.

It’s climate change

Flanked by Republican and Democratic leadership on each side of him, the president should stand up in the Rose Garden — in the middle of a November blizzard like this past week, if possible — and immediately declare a world emergency because of climate change. He should call for all civilized nations of the world to put aside their differences, gather immediately with the greatest scientists to address the problem. The evidence is irrefutable, but even if you don’t believe the data, is it really worth rolling the dice on your grandchildren’s future? We cannot be wrong on this issue. It it not a political issue, but an environmental problem. Our nation responds best when challenged during a crisis and this is a crisis. The 100-year storm is now an annual event.

War is hell

We are on a path to withdraw from Afghanistan in a couple years, but that is not good enough. We’d like to see the president, Congress and the joint chiefs all acknowledge Afghanistan is not a real country, but a lawless wasteland with no value to anyone. Let’s get our troops home before another drop of American blood is spilled.

Back away from the cliff

Every bipartisan panel or commission that has ever studied the government’s debt has come to the conclusion only a combination of spending cuts and tax increases (in this case to the richest 2 percent) can help get the growing debt under control. Speaker Boehner has hinted Republicans are ready to compromise. Do it now.

Work longer

With an aging baby boomer population, we will need Social Security more than ever and it is unsustainable in its current form. Raise the retirement age to 67 for every citizen under the age of 45 and that will give the program decades of additional life. Hey, you were going to live longer anyway, you might as well be doing something productive.

Moon moment II

Challenge the medical research community to cure cancer by the end of the decade. The money previously used for the war effort in Afghanistan and Iraq will be diverted to scientific research.

Fix Obamacare

The election is over. Obamacare is the law and will not be repealed. Both sides agree it needs fixing, so start doing it now. We won’t get there today or tomorrow, but maybe in a decade if we start now. No citizen should ever be without health care when they are sick.

Be American

For all those hypocrites with gray suits and red ties who wear American flag pins, it is time to start acting American instead of acting Republican or Democrat. We need Congress to do the work of the people. If the leadership of both parties is not willing to compromise, it should immediately resign. Time for new blood. We need to get America moving.

Be American, Part II

The Republican Party is gong to be facing a lot of defeats like the one it suffered Tuesday night if it does not broaden its base and become a party that appeals to a wider group of people. The two-party system, with competing ideologies, has kept our country in balance for centuries because it forces compromise. Time for the Republicans to grow up and realize their very survival will depend on representing a broader base of Americans that are not just white males.

Be American, Part III

Each American needs a trip to the Statue of Liberty as a reminder of the melting pot of diversity that has made our country what it is today. Our country continues to evolve and we believe it is for the better. America is changing. Minorities and women have a place at the table. Gay marriage was voted into law by the people in two states this Election Day. Two other states voted to make marijuana legal. You may say the country is going to hell in a handbasket, but your grandparents might have said that about women working or getting the right to vote. Change is hard, but change is good.

Rip up the pledge

It is time for every politician who signed lobbyist Grover Norquist’s incredibly divisive pledge against “no taxes ever” to call a news conference and burn it. Nothing is absolute. There are exceptions to everything. Norquist’s pledge was a political gimmick that tried to limit elected representatives from thinking for themselves. If voters don’t approve of new taxes, they can use their vote to enact change. Nobody wants new taxes, but sometimes they are necessary.

Not all colleges are smart

Someone needs to immediately introduce legislation to close the Electoral College. The country would have been in turmoil for four years if President Obama had won the election, but not the popular vote.

We need to get our country moving. We need our leaders to think bold, to take chances, to always being doing what they believe to be in the best interest of our country and its people. We hope in the weeks and months to come our leaders dazzle us, challenge us and lead our country to greater heights. Just tell us what we have to do. We are ready to follow.

Local editorials represent the opinion of The Post-Star editorial board, which consists of Publisher Rick Emanuel, Editor Ken Tingley, Projects Editor Will Doolittle and citizen representative Mark Bergman.

Copyright 2015 Glens Falls Post-Star. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(48) Comments

  1. W Tucker
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    W Tucker - November 22, 2012 10:45 am
    Hi Bingo
    Don’t think your statement “They’ll subsidize industries like wind energy which provide no benefit to anyone” is true. Since you like quotes “Being ignorant is not so much a shame, as being unwilling to learn” Benjamin Franklin.

    You can start your journey here
    http://en.wikipedia.org/wiki/Wind_power#Wind_power_capacity_and_production
  2. Report Abuse
    - November 19, 2012 8:00 pm
    Alb7, ETC,

    Boat's REDUNDANTLY suggested LOWER TAXES - on Joe 6pks - higher on those who've been wealth-enabled by a CORRUPTED SYSTEM. GOP tax cuts of multi-millions were sent to multi-millionaires! (Joe, & editors @ "TPS" punish WORKIN' CLASSER TEACHERS "overcompensation.")

    Those GOP all-for-the-rich tax cuts FORCED Joe 6-pk more on the tax/debt hook (See editors @"TPS" for PROOF). & mid class tax increases cause these LESS ability to SPEND. THAT causes job loss.

    Joe 6 disagrees w/ boat - VOTED TO RETURN THE STATUS QUO. A GOP House'll keep Joe payin' more TOTAL taxes than the alternative would have.

    Because at a given point there's a LIMITED amt. of nat income/wealth. Larger shares to the richest MEANS AUTOMATICALLY, AND HAS MEANT LESSER SHARES TO ALL OTHERS - & it's PRECISELY what data proves HAPPENED. Joe doesn't wanna' pay higher taxes. But that's just what JOE'S done since REAGAN - even WORSE since Bush II. That's fact - attributable to Joe's IGNORANCE!
  3. LG805
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    LG805 - November 19, 2012 3:16 pm
    Please add to the wish-list:
    - curtail the overuse of the Filibuster. Make 'em stand up and read something rather than merely threaten it. Foolish tho it is, it's uncomfortable enough to curtail the overuse.
    - address the continuing issue of: Too Big to Fail. But the problem here is that the huge bank lobby already has its hooks in both parties.
  4. LG805
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    LG805 - November 19, 2012 3:11 pm
    Please add to the wish-list:


    Filibuster
    Too Big to Fail
  5. Bingo
    Report Abuse
    Bingo - November 19, 2012 11:36 am
    I know liberals are morally below most people, but that still doesn't excuse the language like 'no value to anyone.' It's fine if you choose to treat the poorest people of the world with indifference, but make an effort to at least show some decency. You can be against the war without such crude nonsense.

    The next time you come across TPS staff writing in a nativist tongue like this--I assume to get sympathy from the large pool of America firsters--just keep in mind where they want to put that money. They want to dump your money into combating a real enemy like climate change. They'll subsidize industries like wind energy which provide no benefit to anyone.

    To recap: Making sure women in Afghanistan remain humans is a waste of our time and money. Fighting climate change is where the real war must be won.

    What's the saying? You shall be judged by how you treat the least fortunate among us. TPS failed that test by making truly reprehensible comments about Afghans.
  6. nortnort
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    nortnort - November 18, 2012 7:00 pm
    Far out,man.
  7. Bingo
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    Bingo - November 18, 2012 6:38 pm
    If you want to understand how immoral liberals are, with their complete disregard for the poor, look now further than this line in this piece:

    'Congress and the joint chiefs all acknowledge Afghanistan is not a real country, but a lawless wasteland with no value to anyone.'

    All of Congress thinks this? That's what you think. Don't put words into the mouths of hundreds of people. I know it's hard for liberals without a conscience to grasp the fact that there are plenty of people in this country that don't want to see Muslim women having acid thrown in their faces and having their noses cut off, but they do exist.

    I don't know how the less fortunate can read these types of amoral things that come out of liberals and think liberals give a darn about them. Not only that, but the nativist element in this piece and among liberals is much more present than among conservatives.
  8. nortnort
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    nortnort - November 18, 2012 10:46 am
    Communism is quite dead, even the Communists know that. What isn't dead is the Right Wing fear of the future. We defeated Soviet Russia by outspending them. The US defense budget is greater than the combined defense budget of Russia and China.
  9. Report Abuse
    - November 17, 2012 1:08 pm
    575,

    The solution to the prob of subsidy for the least qualified to have more kids trapped in poverty IS, as boat's insisted. Gradually reduce pmts to these. Racism's NOT a valid criterion.

    The solution to under & unemployment & higher taxes for all but the privleged few most well off investment classers is for Joe 6-pk to toss the nat GOP. Joe FAILED miserably, by returning a status quo DC thus making it less likely HIS circumstance can improve. (see: results House & Senate).

    Boat, like the VAST majority, is a financial Joe 6-pk, NOT 1 that voted preservation of a $ CORRUPTED system that produces increasing distance between wealth & work that's resulted from the decades-long GOP tax policy dominance... & ineffective Democrats.

    Joe voted to continue his higher tot taxes w/ a GOP House to return in 2013. It's optimistic to believe the GOP will accept the kind of tax increases that are necessary but won't solve US debt.

    CUT JOE TAXES - RAISE ROMNEYS!
  10. 5756917
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    5756917 - November 17, 2012 11:37 am
    Boater, least qualified to have kids? You got that right. There are many of many colors that are not qualified to have children. But it's the American way, it's the democratic way. Have kids and you get more money. More and more kids and more and more money. The disintegration of the family is a major player in this one. I believe the dems response to that is GIVE THEM MORE MONEY. Instead we should give them less money. See how fast the population slows with that one. Lack of fathers is another problem especially rampant in the black community. I don't see your Jessie Jackson and Al Sharpton working on that one.
  11. 5756917
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    5756917 - November 17, 2012 11:30 am
    Boater, so you're a liberal Joe 6-pck? Amazing that you think you have the right to name call those other Joes that don't agree with you. I guess that is the liberal way. Can't criticize Obama for fear of being called a racist. The investigation into Benghazi is being called an attack on the black man, never mind the four patriots who were murdered. It has now been shown that this president outright lied to the people. But the dems don't believe that either. How about that Hostess Boater? Your unions sure did a number on those 19,000 people. Obama's answer? Let's have a business council meeting which he hasn't done in eight months to discuss impact on small business of a tax hike. Who attends? Huge business. You know the ones that an extra couple million in taxes won't matter. This is the government of waste, waste of my money. Let's not feed monster. Put it on a bloody diet.
  12. W Tucker
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    W Tucker - November 16, 2012 7:07 pm
    Hi Bleep
    Why would tax cuts show up in the federal budget, a budget is a list of expenses and revenues is it not? Tax cuts are neither revenue nor expenses are they? As to your total income, think your wrong there too.

    From the IRS tax year 2009 http://www.irs.gov/pub/irs-soi/09in23ar.xls using the lower number from each adjusted gross income range and multiplying it by the number of returns $500,000-$1,000,000 returns 492,568, $1,000,000-$1,500,000 returns 108,095, $1,500,000- $2,000,000 returns 44,273, $2,500,000- $5,000,000 returns 61,918, $5,000,000- $10,000,000 returns 14,322 and $10,000,000 or more returns 8,274. I calculated $698.9 Billion. http://www.defense.gov/releases/release.aspx?releaseid=11663 DoD budget for fiscal year $515.4 billion

    At $8 an hour working a 40 hr week for 52 weeks, the income is $ 16,640 per year. At this rate it will take a person a little over 30 years or a lifetime to make what a person whose income is $500,000 a year. So $500,000 a year sounds rather rich to me!
  13. Report Abuse
    - November 16, 2012 1:18 pm
    Alb7, ETC,

    Nice goal to end rancor. Won't happen. & it's impt to identify & correct SOURCES of probs.

    E.g., Demo subsidy for the least qualified to have more kids is a source of entrenched & more poverty, as well as higher taxation. E.g., tax cuts of benefit to the most successful at gaming a corrupted system mean harder times for ALL less successful. Both of these have happened & need be addressed. They were to some extent last wk, when sadly, the status quo was reaffirmed. FDR had a Demo cong. Obama, has what he had. The outlook remains damned gloomy, except for the wealthy, of course.
  14. 5756917
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    5756917 - November 16, 2012 1:02 pm
    Boater, don't you get it? The amount of money that would be raised by the rich is minimal. The regular Joes are still going to get hit with tax increases. Pay attention to what Obamacare is going to cost. Pay attention to the mandates and regulations that are planned for the next four years. Who will pay? I will, the regular Joe will. And why? Because you Boater wanted a dem in the White House. So I will pay higher taxes thanks to you. It doesn't matter what anyone says, you will not change your mind.
  15. Report Abuse
    - November 16, 2012 10:43 am
    575,

    Boat's critical of the "regular man" for abusing HIMSELF... & taking better informed Americans down w/ him. Boat's no king. Economically, like the VAST majority, he's in the 6-pk class himself... & has said so previously.

    There's only so much wine in a bottle OR wealth in a nation at a given point in time. The $ CORRUPTED SYSTEM promoted by Joe's GOP leaves him smaller shares of wine AND wealth, while promoting MORE TO THE RICH. THAT'S REALITY - PRECISELY WHAT'S HAPPENED. That's fact culled from evidence re: fed tax policy STILL dominated by GOP "reforms" since Reagan. Specific sources w/ examples have been cited re: the data... "tiresomely."

    I agree, Joe shouldn have more respect & MORE KNOWLEDGE of what disrespect HE'S shown to his own wallet.

    Gov't's a long way from perfect. So's unbridaled capitalism, GOP & Joe-style.

    BOAT WOULD REDUCE TAX BURDEN ON JOES' BY INCREASING TAXES ON THE WEALTHIEST. JOE'S DISAGREE, preferring an all-for-the-rich GOP.
  16. albe71
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    albe71 - November 16, 2012 12:09 am
    OOPPPS! Ran out of room. Getting as bad as Boat in my rants. The point I am trying to make is that we have to stop looking to government to take care of us. Back to AMERIKA for a moment, the hero in the movie states that, "America is not a flag, or a piece of ground, it's the people". Somehow the people must find it in themselves to become strong, to come together as a people and petition our government to address this myriad of problems, most of which the government itself caused. To think of America first, ....and fix it. And to accomplish this task, as the Editors state, we the people need a leader.
  17. albe71
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    albe71 - November 15, 2012 11:35 pm
    About 25 years ago there was a TV movie,a five part miniseries called, "AMERIKA". Tells a story about an America that has been taken over by Communist Russia because of a weak Congress, weak President and a weak population that had forgotten their heritage. A population that had forgotten where they came from. Forgot what made America great. In the movie the Russian General says, "We did not defeat America. America defeated herself because the people have lost their passion. They were more worried about themselves then about their country". The Amerika that movie depicts is close at hand folks. It should be watched, thought about then watched again. I used to work with a man we called 'The Hunky'. A refuge from Budapest. A freedom fighter that fought Communist run tanks in the streets in 1958. Fled to America with the his family. A smart man. A brave man. Hated Communism. He watched "Amerika" and told me,"That's the way they work". "Don't ever let Communist have this country"
  18. albe71
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    albe71 - November 15, 2012 10:31 pm
    Boat and others... This is a wonderful editorial that has a lot of good points and ideas that need to be discussed, so please stop playing the blame game that gets NOTHING accomplished. We, this country, is in serious trouble. It doesn't matter who caused it. Lets find ways to fix it.

    The first item in this editorial that should be addressed is 'Be American'. I think we all agree that Congress is not doing their job. They are overpaid and underworked and to busy trying to get reelected to think about America. We need change. Term limits would help. Any other ideas? Boat? Bleeb? Iwillnot? anybody?

    Second 'Back Away From the Cliff'. If my budget is out of balance I have to cut spending. The 'War is Hell" item solves part of that. There is a lot of waste in government. Find it and get rid of it. Government is nonproductive. It generates NO income. They say 45% OF Social Security income goes for administration of the program. Find a more efficient way.
  19. The Bleeb
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    The Bleeb - November 15, 2012 8:47 pm
    Boater1,
    C'mon....tax cuts for the "rich" doesn't even show on the radar screen of our federal spending "budget" (I put it in quotes becasue there is none), It's peanuts! For Pete's sake, the pentagon LOSES orders of magnitude more than the total income (100%) of the "rich" each year. I agree that we are in perpetual warfare and need to defend our borders, and not an empire. That alone would save 100s of billions.

    FDR capaigned as a "lassez-faire" capitalist (and Ayn Rand voted for him), but he imposed economic fascism, destroyed food while people starved, created Fannie Mae, and prevented a quick recovery. Look back to 1920-21, when the worst depression in US history occurred. No stimulus, no Fed manipulation = quick recovery. Keynesians cannot explain it.

    No one until Mises was able to express a complete business cycle theory - not Marx, not Keynes, and not Ricardio (although he was close). Basically, government intervention cases the boom and bust economy. Reagan was no Austrian
  20. W Tucker
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    W Tucker - November 15, 2012 6:33 pm
    Hi Bleed
    Interesting argument. So, whom are you including in the cheaper production, inflation- proof search, since everyone is looking? The Austrian School. I like that one. I believe even some eight graders will understand human motivation as it relates to money and the economy, even though they may not posses the cognitive skills and vocabulary to express it. Now, as to the market cycle and events. Since that school of thought is based on an observation of human nature, and human behavior is cyclic throughout history, to say it predicted the cycle and events says nothing but to state the obvious. Do you have any reference material that will show what triggers the cycle and/or how the time period can be affected? Boy, got me on that Apple thing. So what products did Apple create that people didn’t know they wanted? Boy I’m glad you said it again, that clears it up. You must have been typing just a little too fast for me to read the first time. Now that you said it again I understand. No you’ll have to give a little more detail than just typing the same thing over. What seems obvious is the Bush tax cuts benefit the wealthy.
  21. 5756917
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    5756917 - November 15, 2012 6:30 pm
    You know boater, it gets pretty tiresome to hear you day after day put down the regular man, in your words Joe 6 pck. According to you he gets duped, he is stupid, not informed, he continues to vote republican even though they kick him in the butt, he doesn't know anything about anything. What gives you the right to put such discriminatory labels on the regular person? Who made you king? What gives you the right to think your opinion is more important than Joe 6 pck? What gives you the right to decide what Joe 6 pck needs and doesn't need? Sounds like a superiority complex. Or should I say inferiority complex? Either way, the regular man, your Joe 6-pck., deserves more respect.
  22. Muz i Belka
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    Muz i Belka - November 15, 2012 4:43 pm
    Good editorial. Two comments:

    "Work longer

    With an aging baby boomer population, we will need Social Security more than ever and it is unsustainable in its current form. Raise the retirement age to 67...."

    • OK, hey, lots of us (like me) are ready, willing and able, but were laid off because of rampant, illegal, but unproveable age discrimination, where employers cut their most experienced and expensive workers and replace them with eager beaver, pliable kids who will work for half the pay. Raise the retirement age, by all means, but put some teeth and real sanctions against illegal age discrimination if you do.

    "Two other states voted to make marijuana legal. You may say the country is going to hell in a handbasket, but your grandparents might have said that about women working or getting the right to vote."

    • That too: take your own advice there and reel in Don Lehman and Ken Tingley when they want to write yet another hysterical front page story about a local pot bust.

  23. Report Abuse
    - November 15, 2012 2:01 pm
    Bleb, ETC!,

    What congress spent on that drives horrid debt is largely unjust Iraq, & OUTRAGEOUS tax cuts for the wealthiest. That wasn't a Demo congress in 2001 or 03. Repubs recently KILLED a Cong Research Service report that points out that tax cuts for the rich ARE NOT STIMULATIVE.

    Many winners of the US eco game, so CORRUPTED by BIG $, took/take ZERO risk. They won the "womb lottery." (Trump 65 mill, ML Whitney 100 mill, e.g.). Ignorant Joe 6-pk's attitude's often, 'more power to 'em'. That automatically MEANS LESS POWER to the non-winners - the JOES'. (editors, "TPS")

    The corruption of the "system" owned by often fraudulent bankers continues, as do THEIR REAL TAX CUTS that the GOP seeks to keep, even increase & protect. (see p.2, "TPS, 11/15). I've cited SPECIFIC & ACCURATE DATA re: the GOP redistribution to the top that supply side (Reaganomics) HAS PRODUCED & INSISTS BE CONTINUED.

    contact boat @ Venus Diner, River St, H.F., across from burn plant
  24. Report Abuse
    - November 15, 2012 1:32 pm
    Bleb,

    You're right! FEW LISTEN. That's the prob!

    Credible sources do NOT cite FDR'S pgrms as Depression "cure." BUT, due him millions worked & ate. Those QUALIFED better'n Joe 6-pk rate FDR w/ the best - ALL THINGS CONSIDERED. (Siena's 238, AGAIN, e.g.) G W Bush rates w/ the WORST EVER in domestic AND foreign policy. (ibid)

    Often heard on the RIGIDLY rightwing media (& from Teaers, e.g.) is that FDR made the Depression WORSE. It's absurd idiocy to suggest FDR prolonged the Depression, then is rated TOP by those most qualified to judge. Joe? He's duped.

    Capitalism' curse is characteristic swings (boom/bust, e.g.). Keynes had, if followed (he's not been) fiscal policy to mitigate the too boomy & too gloomy. Investment retreats when aggregate $'s cease chasing goods/services. NO mkt business exists long NOR begins w/out profit prospects. W/out customers DEMAND (spending!) AND w/out gov't (taxpayers) providing infrastructure, THEY PERISH!

    Boat offers to meet!
  25. W Tucker
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    W Tucker - November 15, 2012 7:45 am
    Hi Bleed
    I like your statement “If I had 20 Million dollars, I could close the investment spigot and even loose money if I wanted to living off my wealth”, hum?

    So then you could live for 20 years at a million a year or

    40 years at $500,000 a year or

    80 years at $250,000 a year or

    400 years at 50,000 a year, or if a person was making min wage they could live for over 1200 years. Gee Bleed I think we should have a benefit, and see if we can raise some money for you so you won’t have to endure your hardship.
  26. W Tucker
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    W Tucker - November 14, 2012 10:36 pm
    Hi Bleed
    It’s the old, which came first, the chicken or the egg argument. So what happens if someone makes it and nobody wants it? If there is no demand for a product, why would anybody build it? Some computer and game systems failed survive because lack of software programs, either in quality or application. And with out the software it’s just a screen with a blinking curser. The hardware was there, but there was no demand for it. Suspend belief for a moment; all the gasoline in the world disappears tomorrow for whatever reason. Does ford keep building cars, just to build cars?
    The wealthy will invest their money where they get the greatest return on investment and it doesn’t matter if its here or china. Where do you shop? Wal –Mart used to advertise “made in America”, but not anymore. They buy where production costs are the cheapest, mostly because of the cost of labor. Because that’s what people want, lower prices.
    Since the revenue increased 25% over the past two years, must be Obama’s stimulus package worked?
  27. The Bleeb
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    The Bleeb - November 14, 2012 8:25 pm
    Part 2

    Although one could argue a correlation between "tax cuts for the rich" and their spending (re-investment) tendencies, the primary reason for huge cash reserves sitting at the economic sideline is due to the uncertain destiny of risk. There is no economic plan other than to (primarily) confiscate the rewards of private risk, and maintain QE ad infinitum. With a most certain inflationary scenario, everyone is looking at cheaper production to supply a demand that's inflation-proof. BTW, Apple makes stuff that people didn't even know they wanted! They create a demand like no other.

    Oh....no trickle-down/Reagan here - just the Austrian School, which has predicted these market cycles and events with unfortunate accuracy.

    Again, the "Bush tax cuts" increased revenue to the fed gummit by 25% in the past 2 years. Our Congress (who appropriates) spent increasingly more that revenue received. A solution is NOT found by giving them more money, but rather by cutting it off.
  28. The Bleeb
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    The Bleeb - November 14, 2012 8:13 pm
    Ok Boater1,
    Part 1
    Just a few points: FDR did some seroius economic problems, but he prolonged them with the New Deal accompanied by an economic policy not even close to being as coherent as the Keyensian theory. Unemployment was 24% in 1933, but still 18% in 1939, despite modest eonomic growth.. Borrowed money resulted in increased debt. Private investment was cut in half from 1929 to 1939, due to lack of confidence.Like we see now, government intervention prevented a necessary free market correction, prolonging the depression.

  29. 5756917
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    5756917 - November 14, 2012 5:44 pm
    Give it up boater, no one is listening to your continued rant about raising taxes for anyone making over $250,000. Obama says it's a mandate. Don't think so. If true, the GOP wouldn't have remained in control of the House. The only mandate from the people who reelected this man was from people who want more free stuff. Wait until their taxes go sky high to pay for all the free stuff. As you continue your useless diatribe, the market continues to fall and more will be laid off. Why should anyone give this monstrosity of a government any more money when they continually squander and waste? How backwards is that. And how backwards it is to think that our government has to continue to throw millions to the poorest places in American without any change or benefit. Enough is enough. It's time to TIGHTEN GOVERNMENT'S BELT AND LOWER TAXES.
  30. Report Abuse
    - November 14, 2012 3:59 pm
    Bleeb!,

    You're correct.

    Gov't spending was excessive, taking us from 700 billion in 1980 to 10 trillion before OBAMA INHERITED DISASTER (as did FDR post-GOP-dominated 1920's). It's true taxation DOES cause relocation of assets. And, tax cuts do cause more pvt. sector spending & short-term stimulatus. W/out stimulation, BOTH DEMO & Bush/Paulson/GOP MORE damage (job loss) would've resulted!

    BUT incorrect!

    TODAY, GOP tax cuts to the richest DO NOT stimulate because the wealthiest don't SPEND THEM (See: Cong. Research Group report KILLED by the GOP in cong!). BEFORE anything is PRODUCED, there has to be profit prospect. I.e., DEMAND (KEYNES) is paramount, investment FOLLOWS! Lowered DEMAND MEANS fewer jobs & sluggish econ!
    (Supply side's Laffer/Reaganomics -VOODOO.)

    GOP/BUSH II tax cuts ARE PART OF WHAT GOV'T SPENT (NOT on Joe 6-pk) causing gov't LESS REVENUE & greater gov't spending than a healthier econ would've produced. Iraq was unjust & unpd. for. I'LL MEET!
  31. The Bleeb
    Report Abuse
    The Bleeb - November 14, 2012 7:09 am
    Boater1, I don't know where to start, but suffice it to say that your Keyensian economic tendencies represent a failed theory.
    1.Spending cannot create jobs, because there's noting to buy unless it is madefirst. Jobs are created through risk, increased productivity and re-invested profits or borrowing at real market rates. With trillions of fed stimulus, bagfulls of money did nothing but increase the debt.

    2.Again, there is a difference between "rich", who can avoid making income, and" high income" people, who may not be rich. If I had 20 million dollars, I could close the investment spigot and even loose money if I wanted to, living off my wealth. Taxing the rich only causes them to take their money elsewhere.
    3. Perhaps true? Is that you attempt at humor? Spending by the gummit caused debt to skyrocket, not anything else. Check your data, because under the "Bush tax cuts" revenue to the fed gummit has increased by 25% in the past 2 years. Cutting taxes increases revenue.
  32. Report Abuse
    - November 13, 2012 3:22 pm
    575,

    Seriously ZERO has changed YET! Joe 6-pk DID preserve the status quo - NO significant alteration of gov't composition at all. The nation? It's 1 where the richest few have MORE income & net worth than ever & that means automatically the non-rich shares are smaller.

    Eco goods are SCARCE/LIMITED. Millions suffer w/ the system CORRUPTED by & for money. Historically, Democrats though ineffective at times (recently in particular & AGAIN w/ this election) have represented workers - the vast majority - AFTER ELECTIONS. Republicans ABANDON Joe 6-pk interests & represent the monieed class AFTER victory Joe ignorantly enables. That's a matter of record & it's what's happened. Joe suffers, the richest do better' ever!

    This not to suggest Demos are always better - they aren't. It's econ nuts to try to maintain unsupportable Demo-type "entitlements. But, it's destructive & econ ruin to support CORRUPT PLUTOCRACY, i.e., what we've had & what Joe 6-pk returned.
  33. Report Abuse
    - November 13, 2012 2:48 pm
    There are many complaints about gov't redistribution of income. "Class Warfare?" Mitt SAID he didn't like the gov't picking winners. HOW DUMB MUST 1 BE NOT TO SEE THE OUTRAGEOUS GOP REDISTRIBUTION TO THE TOP & FROM THE WORKER? Rhetorical: DAMN DUMB!

    Unregulated, capitalism produces handfuls of owners, masses of ghetto dwellers. (See: the US in 1890, e.g.). Progressive/Democrat tax reform somewhat mitigated enormous disparity. BUT, a GOP monopoly w/ Bush II was able to PICK MITT'S CLASS as winners. Mitts' got millions in GOP tax cuts. The rest? They were/ARE FORCED to pay higher tot taxes directly as a result (SEE: EDITORS @ "TPS," on Q'bury tax relief for snrs, e.g.).

    Joe 6-pk seems to consider top down redistribution unAmerican. His choice of alternatives ("NORQUISTERS") HAS DISTRIBUTED MORE WEALTH TO THAT TOP & THAT MEANS LESS TO/FOR HIMSELF... AUTOMATICALLY. FACT is Joe, that's PRECISELY what's happened AND WHAT YOU VOTED TO CONTINUE W/ YOUR VOTE LAST WK.
  34. Report Abuse
    - November 13, 2012 2:28 pm
    Tragic that so many live poor & vote rich. Poor Joe 6-pk voted to preserve a status quo in DC. MYTHS Joe "BELIEVES" - likely after he dives into a rightwing distortionist media include:

    1) The rich provide jobs. FALSE, SPENDING from whatever source creates/sustains jobs. The rich spend little of their huge tax cuts - Joe spends nearly ALL of his income. No business survives w/out item A... CUSTOMERS!

    2) The rich pay all the taxes. FALSE - even when fed income's looked at alone. Mitt, e.g., 2010, pd 14%. Joe 6 can easily pay that % & more there. AND Joe exposes in the mkt most of (all?) the rest of his income to OTHER TAXES paying a higher portion than do the wealthy in TOT taxes. Mitt invests (offshore?).

    3) "Taxes were pd when the $ was earned," say Repubs. Perhaps true. BUT, GOP chopping investment income taxes AUTOMATICALLY FORCED non-investors' TAXES/nat debt, to skyrocket. JOE, YOU VOTED YOURSELF HIGHER TOT TAXES YOU'VE BEEN PAYING ESPECIALLY SINCE BUSH II.
  35. The Bleeb
    Report Abuse
    The Bleeb - November 13, 2012 6:30 am
    Boater1, You seem to prefer fairness over freedom. Fairness is your "Joe Sixpack" being happy to fork over 30% his income so that he can vote for the rich get soaked for 50 or 60% or more. Freedom is laying claim to your own income, and not redistributing others'. 50% is equal to the tax rate on 19th century slaves! At least some slaves could save and purchase their freedom. The current taxpayer cannot.

    The progressive tax structure has obviously not had you desired effect. It favors large corporationsand kills local businesses. Although the largest incomes result from collusion with government, you still want government to get them rich folks! The unintended consequences are endless.

    Make no mistake - because there are so many "Joe Sixpacks" out there, the politicians cannot allow all of that income to go untaxed lest they forfeit the bulk of federal revenue. It ALL has to stop.
  36. 5756917
    Report Abuse
    5756917 - November 12, 2012 1:29 pm
    Seriously boater, nothing has changed? How about the states now petitioning the White House for secession? How about the thousands of people who were laid off the day after the election? Here's a few: Energizer 1500 employees, US Cellular 980 cuts, Vestas Wind Systems 3000 lay offs, Bristol Meyers 480 cuts, Hasqvarna 600 lay offs, and I could go on and on including Target stores closing, Grand Unions, Caterpillar, etc. And why? Obamacare is one reason. The other is no one knows this president's plan. Businesses do not know when the higher taxes will kick in. It's amazing the double standard given the GOP and the dems. The GOP always has to defend their position on abortion, yet the dems don't defend partial birth abortions or when a baby survives it is left to die. This land of the free is not free under the hart left, big government liberals like Obama. Liberals like being told what to do, what to eat, what to say , etc. Liberal America is not my America.
  37. Report Abuse
    - November 12, 2012 12:55 pm
    Bleeb, ETC!,

    Joining the wealthiest who benefit from GOP tax cuts wildly favoring ONLY the richest, Joe 6-pk preserved the DC status quo. Ignoring solid data that over the decades since Reagan, shows MORE wealth/income & LOWER taxes went to the top while the opposite, of necessity, HAPPENED to the VAST MAJORITY. Joe's poorer; the Mitt class' richer.

    "Class Warfare?" It's SMOKE, NOT BEGINNING - IT'S OVER. JOE. Y-o-u lost. THEN YOU VOTED FOR A STATUS QUO TO PRESERVE MORE OF THE SAME. That's ignorance, Joe & it's self-inflicted damage for Y-O-U!

    Editors @ "TPS" ain't typically rightwing, nor left-glued. They're neither uneducated, nor live poor - vote rich, Joe 6's.

    How much more should national gov't tax policy steer to the top than the 35% of net worth & 25ish% of ALL income (GDP) 1% now gets? Want to keep ALL the GOP/Bush II tax cuts that showered billions on the investment class & HIGHER TOT taxes on the rest - automatically? Poorer, Joe voted YES!
  38. The Bleeb
    Report Abuse
    The Bleeb - November 12, 2012 9:37 am
    Tax the rich, or tax high income, Boater1? Plunder their private property, or the products of labor? Either way, there isn't enough "rich" income to run our leviathan gummit for more than 5 months or so. Your class warfare arguments reminds me of the Labour Party in GB during the 50's-70's, an era of their greatest decline.

    Free people of the states once believed that nobody is either rich or poor - just moving in either direction. Individuals initiated their successes and reaped the rewards. It seems too many people now credit or blame the state for their position in life, and those who don't are a distinct minority target.

    Increased government control through more state "solutions" mentioned above will represent 1000 more cuts upon the 1000s already inflicted upon the people of the states.
  39. patcher
    Report Abuse
    patcher - November 12, 2012 9:00 am
    Hey boat, Osama won another four years so now he has to straighten up the first four years of miserable non leadership. Best thing to ever happen to the conservatives...they will sweep in four.
  40. Bingo
    Report Abuse
    Bingo - November 11, 2012 8:42 pm
    I've reread this editorial and I have to say, you may want to check yourselves. You're really going off the deep end. Your comments about climate change and Afghanistan are enough to make any rational person more than a little weary.

    I'm a leftist and it's this type of rant that makes me fear more and more about what the left has become.
  41. Report Abuse
    - November 11, 2012 6:51 pm
    Editors ask, "What has happened to our country?" Good question. Unsavory reality's the ans. It's increasingly challenged from abroad (terrorism, eco, even intellectual competion). On the domestic side, huge gov't debt, divided gov't & more massive disparity traps more toward poverty is stalking.

    This cheerleader-type wish list of "TPS" editors is fine... BUT?

    Should/can it be expected that an election that preserved a status quo in congress as well as the White House will, as editors suggest, raise taxes on the top 2%? Or will Boehner & his continue protecting the Norquist pledge & all-for-the-rich Bush II/GOP tax cuts - 1's THAT AUTOMATICALLY RAISE TOT TAXES ON THE NON-RICH?

    Think Joe 6-pk America's, or the GOP'S, gonna' look favorably on editors' environmental concerns?

    Maybe a conservative Court will honor a Const. right to gay marriage? YES, editors, CHANGE IS GOOD."

    Would editors wish to get the CORRUPTING influence of huge $ outta the political game?

  42. Report Abuse
    - November 11, 2012 5:27 pm
    To the 1st 4 commenters here:

    RELAX. NOTHING'S CHANGED! The top 1% that OWNS 35% of all pvt net worth & 1/4th of nat income STILL does. The House maintains a GOP majority & a still cloture-proof Senate.

    In 1932 DEMOS won House, Senate & White House. Thus began FDR/DEMOCRATS NEW DEAL (1 in which COMMONERS - NOT MILLIONAIRES, found friendly gov't.). He couldn't cure the deep hole left from a GOP dominated 1920's "trickle down" policy. But, folks ate & found jobs (CCC, WPA, e.g.).

    2012, after the only other lengthy period of GOP dominance (2001-07) enough Joe 6-pks, many of 'em captured by the 'rightwingiest" media FAILED to dismiss the all-for-the-rich GOP from congress.

    It's highly likely the richest will keep GOP tax cuts; the Joe 6-pk workers will continue to be poorer, while PAYING HIGHER TOT TAXES... and will remain deaf to anything but it's all the fault of Obama. Although false, it sells well w/ Joe 6-pk's preferred media - NOT informed experts. (Siena's)

  43. scottiedog
    Report Abuse
    scottiedog - November 11, 2012 4:47 pm
    Dear Editors: Did your kids write this? Your lack of wisdom is understandable, but still discouraging.
  44. Bingo
    Report Abuse
    Bingo - November 11, 2012 4:15 pm
    This is such hogwash. More regurgitation that we've been seeing all across the media this week: "Republicans lost because they are out of touch old white males. The country's demographics changed yatta yatta yatta."

    Nonsense. Nonsense. Nonsense. I want to see the Post Star explain to me why Obama won so decisively in 2008, won the gay vote so decisively in 2008, by being staunchly anti-gay marriage. He was from a church that would make Pat Robertson seem rational. And it was his church-going that he said made him against gay marriage.

    And I'm told Latinos are sensitive to how the immigration issue is handled. If so, then why did Latinos not seem to care that Obama has deported more immigrants than any other President?

    Obama won. That's all there is to it. There's no shift. Calm down liberals. Calm down.
  45. patcher
    Report Abuse
    patcher - November 11, 2012 12:12 pm
    Yup! The Democratic party must give ground on their tax the rich B.S.. If they don't, they will suffer in two years, big time.
  46. 5756917
    Report Abuse
    5756917 - November 11, 2012 10:05 am
    You PS endorsed this man for the white house who is NOT a leader. The market is dropping and will continue to drop because no one knows what Obama will do, that is, NO PLAN. He does plan however, to close down hundreds of coal mines so electricity will skyrocket. The day after the election, thousands of Americans lost their jobs for fear of Obamacare and higher taxes. Yes, PS apparently you are in favor of passing bills without reading them first and knowing how they will work (OBAMACARE). Still on that more taxes for the rich bit huh? No, there will be no new taxes on the rich, perhaps loopholes can be closed on what they pay now. By the way this was what Romney was going to do. Listen PS, you voted for this guy, the guy who did nothing but bring us closer to the fiscal cliff these past years. You best live with that choice and stop blaming the GOP. Let's see if you publish this. If not, consider my subscription cancelled.
  47. loneoak
    Report Abuse
    loneoak - November 11, 2012 7:20 am
    That was a feel good moment for TPS. Interesting how those in the media help to create the problems they want solved.
  48. newshound
    Report Abuse
    newshound - November 11, 2012 4:55 am
    obama has done such a poor job and such a poor job uniting folks i hope the republicans block him at every chance they get...i so do not respect him and it is a sad testament to the priorities of voters who voted him in. we had the chance to elect a very smart businessman to get this country united and working again, but folks were more interested in getting stoned and marrying their own sex. i hope all those that want to legalize pot get a stoned surgeon operating on them, a stoned pilot flying them and a stoned cop defending them. it is indeed sad times, you can paint a fake pretty picture with you editorial, how about making the hard stance and pointing out at mistakes made..... yeah i bet a lot of the 47% voted against mitt...i guess i should be proud of them for being able to vote when they were stoned. i am just very sad for this country right now...yup mitt doesnt drink and drug i guess thats a bad thing today.

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