I have some comments on gay marriages, which began taking place in California on Wednesday June 18. It raises some relevant questions and an example of my occasional departure from the boilerplate “conservative” positions. I used quotes because I think many boilerplate “conservative” positions are not necessarily consonant with a conservative philosophy but mainly sentimental reactions, which is all that liberals often think conservatism is, anyway. But, Mother Jones posted an article on Huckabee and The Fair Tax on Tuesday: Mike Huckabee's Fair Tax Fallacies (I think The Fair Tax should be made a flagship Republican issue (just another idea that John McCain is not yet on board with – and yes, I’m supporting McCain enthusiastically), and this article raises some standard misguided objections, so I’m posting this, first. A couple of points in this article are legitimate things to consider, though the fear exaggerates the reality. But, mostly, assuming the article is genuine(?), it overlooks and misrepresents a number of factors. Here is the comment I left at the MJ web site:
First, there are statements that countermand each other. The article falls to the standard liberal concern that it is "regressive," because lower-income people must spend more on essentials. This overlooks the obvious fact that people have more extravagant lifestyles precisely because they spend more, and thus will pay higher taxes. Taxes will be a lot higher on BMW's than on a Ford Taurus for example, never mind on planes, boats, and travel, for only a few examples. If people save on taxes by saving or investing, more power to them and more power for society: savings and investment (jobs in liberal-speak) are encouraged.
Later, the slip of the writer's liberal perspective is showing when the article frets the possibility of companies pocketing their tax savings rather than passing it on to the consumer. No one with the barest comprehension of how markets work would raise such a silly idea. Companies will and should always try to maximize profits, but they don't set prices, markets do. And, the "prebate" goes to all citizens, so middle-class taxes are lowered, too.
You concede that economic activity will increase, but greatly understate the probable extent. No income tax for doing business in The United States? Recall that Reagan's tax cuts doubled federal revenues over his term (unfortunately, federal spending tripled). But, if that was an economic surge, The Fair Tax might provoke an economic avalanche. (i.e., economic activity and opportunity on steroids)
This is not just good; the fact is that it is now essential. We are a short distance (the next term will realize it, from a tsunami of entitlement liability arriving for an over-promising federal government. Even I doubt that even the Fair Tax's rush of economic activity will cover the drastic revenue shortfall. In brief, The Fair Tax is the least we can do, given the mistakes made. Frantic and futile foggy-headed government agents will lunge at alternative answers to meet the demand by raising taxes, restricting benefits and inflating away the value of the dollar to pay its obligations with cheap money, all of which will in short fashion make matters worse and increase hardship.
Finally, the article lapses into a typical cynical analysis about a politician's political motivation. Another, straightforward explanation for Huckabee's support of The Fair Tax is the peculiar one which I also embrace: HE ACTUALLY BELIEVES THAT THE FAIR TAX WILL BE GOOD FOR AMERICA AND AMERICANS! (Difficult as that may be to contemplate)
It is true that a vigorous system must be put in place to insure that all imported items bear the same tax to maintain a level playing field for American business. And, it's true that barter and caution in consumption will be encouraged. They used to call that "thrift." Now, it's a BAD thing?
Oh, and speaking of terms, a 5% growth in spending across Huckabee's over ten years as governor of Arkansas, would be around the rate of inflation and a little over 500 million dollars per year. Can you do a little math? That fits your numbers almost exactly. The fact is that taxes as a percentage of income were approximately the same at the beginning and end of Huckabee's governorship. You know what they say about how statistics can be presented… In brief the criticisms of The Club for Growth were mercenary rewards for CfG contributors with political or personal anti-Huckabee interests. Romney's and Thompson's criticisms were transparently political.
In truth, with no Fair Tax, economic travails appear utterly unavoidable.
Showing posts with label entitlement. Show all posts
Showing posts with label entitlement. Show all posts
Thursday, June 19, 2008
Sunday, June 1, 2008
Published Shot At Fair Tax Finds Only Air
Minnesota’s http://www.twincities.com/opinion/ci_9436854 posted an article by Paul Mulshine of The Star-Ledger of Newark, New Jersey on Saturday. It correctly pointed up the impending entitlement crisis and then missed the point in asserting that The Fair Tax that Huckabee supports will not fix it, calling it, “the real bridge to nowhere.” Here is the article and the response I left at the site.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exacerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And, so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exacerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And, so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
Labels:
entitlement,
Fair Tax,
Huckabee,
McCain,
Medicare,
Social Security
Published Shot At Fair Tax Finds Only Air
Minnesota’s http://www.twincities.com/opinion/ci_9436854 posted an article by Paul Mulshine of The Star-Ledger of Newark, New Jersey on Saturday. It correctly pointed up the impending entitlement crisis and then missed the point in asserting that The Fair Tax that Huckabee supports will not fix it, calling it, “the real bridge to nowhere.” Here is the article and the response I left at the site.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exaccerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And, so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exaccerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And, so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
Labels:
entitlement,
Fair Tax,
Huckabee,
McCain,
Medicare,
Social Security
Published Shot At Fair Tax Finds Only Air
Minnesota’s http://www.twincities.com/opinion/ci_9436854 posted an article by Paul Mulshine of The Star-Ledger of Newark, New Jersey on Saturday. It correctly pointed up the impending entitlement crisis and then missed the point in asserting that The Fair Tax that Huckabee supports will not fix it, calling it, “the real bridge to nowhere.” Here is the article and the response I left at the site.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exaccerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
So there's your real bridge to nowhere
By Paul Mulshine
Article Last Updated: 05/31/2008 04:24:03 PM CDT
Want to know what I never want to hear about again? The bridge to nowhere, that's what. Throughout this primary election season, which limps to a merciful end Tuesday, I have heard politicians pontificating about how they oppose building that bridge in Alaska.
I would much prefer to hear the pols talk about the one issue that looms above all others in terms of importance. Try to guess what it is. It's not the Iraq war. It's not the price of gas. It's not abortion, guns or gay marriage.
Give up? The biggest issue facing the next president of the United States is that the country is broke. Or at least it would be if it were a business. The accumulated debt of the United States exceeds its revenue by so much that if it were a corporation, the federal government would be in bankruptcy court.
You won't hear about this from politicians for one simple reason: Most of that debt is for programs promised to current and future retirees. Social Security and Medicare are too popular to cut. But they're too expensive to fund. So politicians ignore the problem.
Accountants worry about it, however. If you understand numbers, as Sheila Weinberg does, then you understand that the country is on its way to becoming a banana republic, a place where you need a knapsack just to carry currency. In Latin America years ago, I once visited such a country. I needed an inch-thick pile of bills just to buy breakfast, and breakfast cost only 75 cents in American money.
I don't want my kids to inherit such an economy. Weinberg feels the same about her kids. That's why she got involved with the Institute for Truth in Accounting, an Illinois-based group that would like to see government at all levels adopt "accrual accounting" as the heart of its budget process.
In traditional government accounting, politicians can promise endless future benefits while paying only a tiny portion upfront. But in accrual accounting, the pols would have to put aside enough money in a trust fund immediately to cover future promises.
If the U.S. had followed that system, the trust fund for Social Security and Medicare would need an immediate infusion of $54 trillion, Weinberg said. That's a lot of dough.
We ran up this debt because pols of both parties voted for popular programs without raising taxes to cover them. A classic was that prescription drug program adopted in the first term of the Bush administration.
"When they passed the prescription drug program, they should have sent a bill for $25,000 to every American," says Weinberg. "They should have asked, 'Do you want that? Then you need to send a check for $25,000 to start funding it.' "
Instead, the pols just added another $8 trillion in unfunded liability to a Medicare system that was already in the red.
But imagine for a second that the pols faced this problem honestly and decided to raise revenue to pay for their promises. How much would taxes have to rise?
The Congressional Budget Office was recently asked that question by Rep. Paul Ryan, a Republican from Wisconsin who is one of the few politicians willing to talk about the problem. In a letter to Ryan last month, the CBO said the income tax would have to more than double to offset entitlement expenses. That would mean the tax rate on income now in the 25 percent bracket — where many middle-class Americans find themselves — would rise to a staggering 63 percent. The top rate would have to rise from 35 percent to 83 percent.
To look at it another way, consider this in terms of GOP presidential contender Mike Huckabee's so-called "fair tax," a national sales tax of about 23 percent. Candidate Huckabee proposed that tax as a substitute for the income tax. But to balance the budget honestly, a President Huckabee would need to impose that big sales tax while also keeping the income tax.
Try to imagine Huckabee — or Hillary Clinton or Barack Obama or John McCain, for that matter — proposing such a huge tax hike. That's about as likely as any one of them proposing that we end Social Security and Medicare.
This is one area where the true spirit of bipartisanship reigns supreme. Both parties want to pass this problem to the next generation. So there's your real bridge to nowhere. And every young person in America is going to have to cross it.
Paul Mulshine is a columnist for the Star-Ledger of Newark, N.J. His e-mail address is pmulshine@hotmail.com.
----------------------------------------------------------------------------------------------------------------------------------
I would describe myself as primarily pro-life, in that I think that the establishment and adoption of disrespect for the foundational respect for life signals the onset of a progressive decline of civil society. However, it is quite correct that the onslaught of entitlement liabilities that are now at hand, represent imminent economic calamity. And, I am amazed at how little (in fact none, that I can see) attention is being paid to this matter in this election season. It doesn't take a genius to see this tsunami, the leading curl of which we are now perched directly below. Any serious candidate must be aware of the crisis that the new president will face.
I assume that a Democratic president will just blame Bush for it to justify the necessity to do all three short-term supposed solutions: dramatically raise taxes, cut and/or ration benefits, and hyper-inflate the dollar, al of which in the big picture will actually exaccerbate the problem and probably be followed by a more dramatic socialization of the economy. This would be called "soaking the wealthy corporations, but in fact will be a bon to established corporations, imposing taxes and regulations that they can afford, but potential competition cannot. That is what socialism is: the alliance of big business and government.
McCain probably sees this impending threat, but knows it would be politically treacherous to talk about. But at least he is assertive about the urgent need to curtail extravagant spending, which is why Tom Coburn, the most conservative US Senator supports him enthusiastically, despite McCain's other conservative incoherencies. And so do I, though I assertively opposed McCain in 2000 and voted 3rd party in 2000 and 2004.
And, The Fair Tax is the only way to ease, even if it doesn't totally avert the crisis. And, not because a calculation of revenue based on current economic activity will solve the problem. In fact, the very suggestion is absurd: other things being equal, the change is supposed to be revenue neutral. But, it is expected that other things will not be equal: the change will bring a surge in revenue from both new economic activity and previously untaxed activity.
Is The Fair Tax the complete solution to the problem? It probably will not, because the problem is so unbelievably huge. Bit in fact, it is an essential start to addressing the problem: if The Fair Tax doesn't "cure" it, no other possible course will even make a tiny ding in the problem.
Labels:
candidate,
election,
entitlement,
Fair Tax,
Huckabee
Wednesday, April 2, 2008
Support The Fair Tax And Sign This Fair Tax Petition...PLEASE!
Support The Fair Tax And Sign This Fair Tax Petition...PLEASE!
http://www.fairtax.org/site/PageServer?pagename=changedc
I want to start writing some personal thoughts about my own situation and things I have strong convictions about. But, one thing I have talked and will talk about is The Fair Tax. Mike Huckabee made that a significant issue in his campaign. Many Huckabee supporters got involved in the Republican political process, for the first time. And, in my precinct, that of everyone else I talked to, and my subsequent Senatorial District Convention, there were Fair Tax Resolutions, and I’m sure the issue will appear at the state convention. Mike Huckabee was correct that it presents a huge simplification, balance across income of the federal tax system, and also taxes heretofore “underground” elements of the American economy like drug dealers, prostitutes, illegal aliens, and miscellaneous criminals who do not file, but do and must buy things. And, he also correctly and consistently stated that The Fair Tax would bring a great surge of investment and economic activity to The United States.
However, he should have more starkly linked that surge of economic activity to the fast-closing crisis of America’s inability to meet the mountain of entitlement liability that the federal government has taken on. Only such a dramatic change as The Fair Tax poses any possibility of meeting these liabilities without a titanic and, frankly crippling combination of tax increases, benefit cuts, and monetary inflation. Unless we move with great dispatch to promote economic expansion and the consequent revenue increase, probably all of these band-aids will be applied, and soon. And yes, they will be crippling, bringing great economic and physical suffering, as shortsighted liberal solutions almost inherently do. I’m sending/posting this because today I received an email from The Fair Tax organization, encouraging me to send the message below to encourage others to sign a Fair Tax petition to be presented to Congress, as I have:
If you haven’t any questions about how The Fair Tax would work or about possible problems, email me and I’ll tell you the potential problems I see. But simply put, those problems are infinitely smaller than the ones we now face.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hello,
With April 15th drawing near the folks at Americans for Fair Taxation (FairTax.org) are gathering 100,000 names for a "Pass the FairTax" petition to send a powerful message to Congress this Tax Day.
I just signed the petition at www.changedc.org and would encourage you to do the same.
The FairTax petition makes a powerful statement to Congress: It says there is a better way than the current income tax system with its 67,500 pages of cumbersome tax rules and regulations for which individuals and businesses spend $265 billion annually on filing and compliance. It's called the FairTax and it promises to unleash the American economy especially during these difficult times, and unshackle us, the American taxpayers, from yearly nightmare that is April 15th.
If you're not already familiar with the FairTax, here are the basics:
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:
• A progressive national retail sales tax.
• A prebate to ensure no American pays federal taxes on spending up to the poverty level.
• Dollar-for-dollar federal revenue neutrality.
• Repeal of the 16th Amendment through companion legislation.
Just imagine...bringing home your entire paycheck AND never having to file a tax return again! It's not a dream. It's called the FairTax, and you can help make it a reality.
If this sounds interesting, you can learn more at www.fairtax.org, and sign the "Pass the FairTax" petition there as well
http://www.fairtax.org/site/PageServer?pagename=changedc
I want to start writing some personal thoughts about my own situation and things I have strong convictions about. But, one thing I have talked and will talk about is The Fair Tax. Mike Huckabee made that a significant issue in his campaign. Many Huckabee supporters got involved in the Republican political process, for the first time. And, in my precinct, that of everyone else I talked to, and my subsequent Senatorial District Convention, there were Fair Tax Resolutions, and I’m sure the issue will appear at the state convention. Mike Huckabee was correct that it presents a huge simplification, balance across income of the federal tax system, and also taxes heretofore “underground” elements of the American economy like drug dealers, prostitutes, illegal aliens, and miscellaneous criminals who do not file, but do and must buy things. And, he also correctly and consistently stated that The Fair Tax would bring a great surge of investment and economic activity to The United States.
However, he should have more starkly linked that surge of economic activity to the fast-closing crisis of America’s inability to meet the mountain of entitlement liability that the federal government has taken on. Only such a dramatic change as The Fair Tax poses any possibility of meeting these liabilities without a titanic and, frankly crippling combination of tax increases, benefit cuts, and monetary inflation. Unless we move with great dispatch to promote economic expansion and the consequent revenue increase, probably all of these band-aids will be applied, and soon. And yes, they will be crippling, bringing great economic and physical suffering, as shortsighted liberal solutions almost inherently do. I’m sending/posting this because today I received an email from The Fair Tax organization, encouraging me to send the message below to encourage others to sign a Fair Tax petition to be presented to Congress, as I have:
If you haven’t any questions about how The Fair Tax would work or about possible problems, email me and I’ll tell you the potential problems I see. But simply put, those problems are infinitely smaller than the ones we now face.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hello,
With April 15th drawing near the folks at Americans for Fair Taxation (FairTax.org) are gathering 100,000 names for a "Pass the FairTax" petition to send a powerful message to Congress this Tax Day.
I just signed the petition at www.changedc.org and would encourage you to do the same.
The FairTax petition makes a powerful statement to Congress: It says there is a better way than the current income tax system with its 67,500 pages of cumbersome tax rules and regulations for which individuals and businesses spend $265 billion annually on filing and compliance. It's called the FairTax and it promises to unleash the American economy especially during these difficult times, and unshackle us, the American taxpayers, from yearly nightmare that is April 15th.
If you're not already familiar with the FairTax, here are the basics:
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:
• A progressive national retail sales tax.
• A prebate to ensure no American pays federal taxes on spending up to the poverty level.
• Dollar-for-dollar federal revenue neutrality.
• Repeal of the 16th Amendment through companion legislation.
Just imagine...bringing home your entire paycheck AND never having to file a tax return again! It's not a dream. It's called the FairTax, and you can help make it a reality.
If this sounds interesting, you can learn more at www.fairtax.org, and sign the "Pass the FairTax" petition there as well
Tuesday, April 1, 2008
Support The Fait Tax And Sign This Fair Tax Petition...PLEASE!
Support The Fait Tax And Sign This Fair Tax Petition...PLEASE!
http://www.fairtax.org/site/PageServer?pagename=changedc
I want to start writing some personal thoughts about my own situation and things I have strong convictions about. But, one thing I have talked and will talk about is The Fair Tax. Mike Huckabee made that a significant issue in his campaign. Many Huckabee supporters got involved in the Republican political process, for the first time. And, in my precinct, that of everyone else I talked to, and my subsequent Senatorial District Convention, there were Fair Tax Resolutions, and I’m sure the issue will appear at the state convention. Mike Huckabee was correct that it presents a huge simplification, balance across income of the federal tax system, and also taxes heretofore “underground” elements of the American economy like drug dealers, prostitutes, illegal aliens, and miscellaneous criminals who do not file, but do and must buy things. And, he also correctly and consistently stated that The Fair Tax would bring a great surge of investment and economic activity to The United States.
However, he should have more starkly linked that surge of economic activity to the fast-closing crisis of America’s inability to meet the mountain of entitlement liability that the federal government has taken on. Only such a dramatic change as The Fair Tax poses any possibility of meeting these liabilities without a titanic and, frankly crippling combination of tax increases, benefit cuts, and monetary inflation. Unless we move with great dispatch to promote economic expansion and the consequent revenue increase, probably all of these band-aids will be applied, and soon. And yes, they will be crippling, bringing great economic and physical suffering, as shortsighted liberal solutions almost inherently do. I’m sending/posting this because today I received an email from The Fair Tax organization, encouraging me to send the message below to encourage others to sign a Fair Tax petition to be presented to Congress, as I have:
If you haven’t any questions about how The Fair Tax would work or about possible problems, email me and I’ll tell you the potential problems I see. But simply put, those problems are infinitely smaller than the ones we now face.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hello,
With April 15th drawing near the folks at Americans for Fair Taxation (FairTax.org) are gathering 100,000 names for a "Pass the FairTax" petition to send a powerful message to Congress this Tax Day.
I just signed the petition at www.changedc.org and would encourage you to do the same.
The FairTax petition makes a powerful statement to Congress: It says there is a better way than the current income tax system with its 67,500 pages of cumbersome tax rules and regulations for which individuals and businesses spend $265 billion annually on filing and compliance. It's called the FairTax and it promises to unleash the American economy especially during these difficult times, and unshackle us, the American taxpayers, from yearly nightmare that is April 15th.
If you're not already familiar with the FairTax, here are the basics:
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:
• A progressive national retail sales tax.
• A prebate to ensure no American pays federal taxes on spending up to the poverty level.
• Dollar-for-dollar federal revenue neutrality.
• Repeal of the 16th Amendment through companion legislation.
Just imagine...bringing home your entire paycheck AND never having to file a tax return again! It's not a dream. It's called the FairTax, and you can help make it a reality.
If this sounds interesting, you can learn more at www.fairtax.org, and sign the "Pass the FairTax" petition there as well
http://www.fairtax.org/site/PageServer?pagename=changedc
I want to start writing some personal thoughts about my own situation and things I have strong convictions about. But, one thing I have talked and will talk about is The Fair Tax. Mike Huckabee made that a significant issue in his campaign. Many Huckabee supporters got involved in the Republican political process, for the first time. And, in my precinct, that of everyone else I talked to, and my subsequent Senatorial District Convention, there were Fair Tax Resolutions, and I’m sure the issue will appear at the state convention. Mike Huckabee was correct that it presents a huge simplification, balance across income of the federal tax system, and also taxes heretofore “underground” elements of the American economy like drug dealers, prostitutes, illegal aliens, and miscellaneous criminals who do not file, but do and must buy things. And, he also correctly and consistently stated that The Fair Tax would bring a great surge of investment and economic activity to The United States.
However, he should have more starkly linked that surge of economic activity to the fast-closing crisis of America’s inability to meet the mountain of entitlement liability that the federal government has taken on. Only such a dramatic change as The Fair Tax poses any possibility of meeting these liabilities without a titanic and, frankly crippling combination of tax increases, benefit cuts, and monetary inflation. Unless we move with great dispatch to promote economic expansion and the consequent revenue increase, probably all of these band-aids will be applied, and soon. And yes, they will be crippling, bringing great economic and physical suffering, as shortsighted liberal solutions almost inherently do. I’m sending/posting this because today I received an email from The Fair Tax organization, encouraging me to send the message below to encourage others to sign a Fair Tax petition to be presented to Congress, as I have:
If you haven’t any questions about how The Fair Tax would work or about possible problems, email me and I’ll tell you the potential problems I see. But simply put, those problems are infinitely smaller than the ones we now face.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Hello,
With April 15th drawing near the folks at Americans for Fair Taxation (FairTax.org) are gathering 100,000 names for a "Pass the FairTax" petition to send a powerful message to Congress this Tax Day.
I just signed the petition at www.changedc.org and would encourage you to do the same.
The FairTax petition makes a powerful statement to Congress: It says there is a better way than the current income tax system with its 67,500 pages of cumbersome tax rules and regulations for which individuals and businesses spend $265 billion annually on filing and compliance. It's called the FairTax and it promises to unleash the American economy especially during these difficult times, and unshackle us, the American taxpayers, from yearly nightmare that is April 15th.
If you're not already familiar with the FairTax, here are the basics:
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including:
• A progressive national retail sales tax.
• A prebate to ensure no American pays federal taxes on spending up to the poverty level.
• Dollar-for-dollar federal revenue neutrality.
• Repeal of the 16th Amendment through companion legislation.
Just imagine...bringing home your entire paycheck AND never having to file a tax return again! It's not a dream. It's called the FairTax, and you can help make it a reality.
If this sounds interesting, you can learn more at www.fairtax.org, and sign the "Pass the FairTax" petition there as well
Monday, March 24, 2008
Why Conservatives MUST Support John McCain
I have been resting from my Blog since Mike Huckabee withdrew from the campaign for the Republican nomination on March 4th, after John McCain secured enough delegates to clinch the nomination. I must soon be about changing many of the objects on the Blog, including revising its primary objectives. There are always current events I want to discuss and in fact, some specific writing that I want to focus on.
But for right now, it is a priority that I establish my resolve to support John McCain for the fall election and state why I believe this objective is critical. My feelings are independent of but unsurprisingly consistent with Mike Huckabee's expressed intention to direct his infinitely greater influence to the same end. With respect to me, some may find my disposition odd, given my history of dissent and criticism of conservative drift in The Republican Party. Perhaps I am a little different, but I certainly think the immediate situation is a LOT different and I will explain why I think so.
It is important first, to briefly explain my own background. I am a lifelong conservative who began reading conservative thinkers and ideals as a teenager in the 1970’s. After developing multiple sclerosis in the 1990’s, I became an activist participant in Republican politics and the convention process. I went to the 1998 Republican Party of Texas convention armed with flyers about my problems with John McCain. Even today, on most of the standard conservative catalog of McCain infidelities, I may generally agree. And in fact, I declined to support or even vote for George W. Bush, whom at the time I saw as only marginally better than McCain. I didn't and don't dislike Bush. I just thought he was not constrained by sound conservative principle.
The profligate spending and federal government usurpation of the past six years have born that concern out. But looking back, perhaps Bush was more politically constrained. What has become clear is that on the things that he strongly believes, John McCain has been an uncommonly resolute United States Senator, including on urgent issues on which we agree. And, he has run his campaign this year in an uncommonly civil and gracious fashion. Let me explain why a few of those points of resolve and agreement rise categorically above any list of disagreements:
First, all of us other than some Ron Paul enthusiasts understand that on the primary duty of the federal government and the president, defending the American people and their interest, John McCain is not only with us but most assertively so and most prepared for the responsibility. America’s physical defense is of course, constitutionally established as a priority for the federal government generally and the chief executive specifically, who is the commander-in-chief of America’s armed forces. And in a world that technology has brought close and in which America is the technological and military supreme power, defending American principles of humanity is a duty the neglect of which is a human dereliction. As we know, today, these concerns are not incidental but pressing priorities.
Secondly, there is another great crisis upon us that some have warned of but many Americans seem to have slept through the approach of. For decades now, we have had warnings of the long-term insolvency in government’s accrued liabilities versus reasonably expected revenues. But, when plans to devise a correction have been raised, political rhetoric has killed the effort. In fact we have only continued to widen the shortfall. Well guess what? We are only barely talking about a future problem, now.
For the next decade the entitlement liabilities will devour the disbursements of the federal budget. Discretionary expenditures will be cut. And the gap won’t be near filled. The yawning debt will be expanded. New taxes, benefit cuts, and accelerated currency printing (i.e., rapid inflation/devaluation of money) will be the only options to try to meet the liability. Unless a dramatic change is made to boost productivity and revenue (a massive tax reform – like The Fair Tax plan) is implemented, all three of these supposedly more modest solutions would probably be tried. But, the net effect would be to make matters worse. John McCain has the resolve to resist these efforts.
Whatever course is taken to infuse the system, America will have to stop the bleeding; that is, the spending. Say what we might about John McCain, there has not been a more resolute actor in Washington against budgetary extravagance. Under the Bush administration, a Republican majority expanded government at a rate not seen for forty years, since Lyndon Johnson and a Democratic Congress. Most dramatically, these Republicans greatly increased the Medicare entitlement that along with Social Security was already long-term insolvent. John McCain was among the few who opposed this action. There probably is not a more stark demonstration of why fiscal conservatives like Oklahoma Senator Tom Coburn and former Senator and economist Phil Gramm are enthusiastically supporting McCain.
Thirdly, we are looking at long-term social imprudence prevailed upon the country if Barack Obama or Hillary Clinton appoint the next generation of federal jurists, including 2-4 Supreme Court justices. The folly will be broad and deep, but for example, the social calumny of “legal” abortion will be guaranteed until at least the middle of this century. I always emphasize that, as hard as it is to believe, the most tragic victims of this would not be the innocent lives lost over what will have been 60-80 years. God has always dealt with and will continue to handle the deaths of innocents. They are a class that will bypass this vale of tears and be delivered directly to perfect justice.
However, as usual, the true sufferers and victims will be our children that have to live in a society that has assimilated this most fundamental and grave selfish incivility. Why will neighbors and commercial relationships be afforded a respect that is not held up even for our own offspring? Relatively speaking, dog-eat-dog sounds like an innocuous social standard.
For all of last year, until he withdrew on March 4th, I was a Mike Huckabee supporter. I studied Mike Huckabee’s record and campaign for over a year, and found the supposedly “conservative” criticisms of him to be misrepresentation. But, most remarkable about his candidacy was his distinctive positive and engaging approach, which often disarmed and engaged even liberals who disagreed with his policy conclusions, but trusted Huckabee’s honesty and sincerity, which was particularly ironic in that those were precisely the thoughtful qualities that many conservatives were suspicious of. In defending him, I often found myself oddly cast as a “liberal,” just like he was.
But, John McCain conducted a campaign that was likewise civil and genuine. For the sake of the nation and an American model for an elevated disposition, it is critical that conservatives rally around John McCain and engage him by putting their concerns before this genuine and resolute American patriot. Let’s help him with everything we have and ask him to help with our sincere and noble concerns for America.
But for right now, it is a priority that I establish my resolve to support John McCain for the fall election and state why I believe this objective is critical. My feelings are independent of but unsurprisingly consistent with Mike Huckabee's expressed intention to direct his infinitely greater influence to the same end. With respect to me, some may find my disposition odd, given my history of dissent and criticism of conservative drift in The Republican Party. Perhaps I am a little different, but I certainly think the immediate situation is a LOT different and I will explain why I think so.
It is important first, to briefly explain my own background. I am a lifelong conservative who began reading conservative thinkers and ideals as a teenager in the 1970’s. After developing multiple sclerosis in the 1990’s, I became an activist participant in Republican politics and the convention process. I went to the 1998 Republican Party of Texas convention armed with flyers about my problems with John McCain. Even today, on most of the standard conservative catalog of McCain infidelities, I may generally agree. And in fact, I declined to support or even vote for George W. Bush, whom at the time I saw as only marginally better than McCain. I didn't and don't dislike Bush. I just thought he was not constrained by sound conservative principle.
The profligate spending and federal government usurpation of the past six years have born that concern out. But looking back, perhaps Bush was more politically constrained. What has become clear is that on the things that he strongly believes, John McCain has been an uncommonly resolute United States Senator, including on urgent issues on which we agree. And, he has run his campaign this year in an uncommonly civil and gracious fashion. Let me explain why a few of those points of resolve and agreement rise categorically above any list of disagreements:
First, all of us other than some Ron Paul enthusiasts understand that on the primary duty of the federal government and the president, defending the American people and their interest, John McCain is not only with us but most assertively so and most prepared for the responsibility. America’s physical defense is of course, constitutionally established as a priority for the federal government generally and the chief executive specifically, who is the commander-in-chief of America’s armed forces. And in a world that technology has brought close and in which America is the technological and military supreme power, defending American principles of humanity is a duty the neglect of which is a human dereliction. As we know, today, these concerns are not incidental but pressing priorities.
Secondly, there is another great crisis upon us that some have warned of but many Americans seem to have slept through the approach of. For decades now, we have had warnings of the long-term insolvency in government’s accrued liabilities versus reasonably expected revenues. But, when plans to devise a correction have been raised, political rhetoric has killed the effort. In fact we have only continued to widen the shortfall. Well guess what? We are only barely talking about a future problem, now.
For the next decade the entitlement liabilities will devour the disbursements of the federal budget. Discretionary expenditures will be cut. And the gap won’t be near filled. The yawning debt will be expanded. New taxes, benefit cuts, and accelerated currency printing (i.e., rapid inflation/devaluation of money) will be the only options to try to meet the liability. Unless a dramatic change is made to boost productivity and revenue (a massive tax reform – like The Fair Tax plan) is implemented, all three of these supposedly more modest solutions would probably be tried. But, the net effect would be to make matters worse. John McCain has the resolve to resist these efforts.
Whatever course is taken to infuse the system, America will have to stop the bleeding; that is, the spending. Say what we might about John McCain, there has not been a more resolute actor in Washington against budgetary extravagance. Under the Bush administration, a Republican majority expanded government at a rate not seen for forty years, since Lyndon Johnson and a Democratic Congress. Most dramatically, these Republicans greatly increased the Medicare entitlement that along with Social Security was already long-term insolvent. John McCain was among the few who opposed this action. There probably is not a more stark demonstration of why fiscal conservatives like Oklahoma Senator Tom Coburn and former Senator and economist Phil Gramm are enthusiastically supporting McCain.
Thirdly, we are looking at long-term social imprudence prevailed upon the country if Barack Obama or Hillary Clinton appoint the next generation of federal jurists, including 2-4 Supreme Court justices. The folly will be broad and deep, but for example, the social calumny of “legal” abortion will be guaranteed until at least the middle of this century. I always emphasize that, as hard as it is to believe, the most tragic victims of this would not be the innocent lives lost over what will have been 60-80 years. God has always dealt with and will continue to handle the deaths of innocents. They are a class that will bypass this vale of tears and be delivered directly to perfect justice.
However, as usual, the true sufferers and victims will be our children that have to live in a society that has assimilated this most fundamental and grave selfish incivility. Why will neighbors and commercial relationships be afforded a respect that is not held up even for our own offspring? Relatively speaking, dog-eat-dog sounds like an innocuous social standard.
For all of last year, until he withdrew on March 4th, I was a Mike Huckabee supporter. I studied Mike Huckabee’s record and campaign for over a year, and found the supposedly “conservative” criticisms of him to be misrepresentation. But, most remarkable about his candidacy was his distinctive positive and engaging approach, which often disarmed and engaged even liberals who disagreed with his policy conclusions, but trusted Huckabee’s honesty and sincerity, which was particularly ironic in that those were precisely the thoughtful qualities that many conservatives were suspicious of. In defending him, I often found myself oddly cast as a “liberal,” just like he was.
But, John McCain conducted a campaign that was likewise civil and genuine. For the sake of the nation and an American model for an elevated disposition, it is critical that conservatives rally around John McCain and engage him by putting their concerns before this genuine and resolute American patriot. Let’s help him with everything we have and ask him to help with our sincere and noble concerns for America.
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