my point, put very well by another.....

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callmeslick
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my point, put very well by another.....

Post by callmeslick »

Krugmans piece sums up my deepest fears about this nation. Intelligent discussion, anyone?

America Goes Dark
By PAUL KRUGMAN
The lights are going out all over America — literally. Colorado Springs has made headlines with its desperate attempt to save money by turning off a third of its streetlights, but similar things are either happening or being contemplated across the nation, from Philadelphia to Fresno.
Meanwhile, a country that once amazed the world with its visionary investments in transportation, from the Erie Canal to the Interstate Highway System, is now in the process of unpaving itself: in a number of states, local governments are breaking up roads they can no longer afford to maintain, and returning them to gravel.

And a nation that once prized education — that was among the first to provide basic schooling to all its children — is now cutting back. Teachers are being laid off; programs are being canceled; in Hawaii, the school year itself is being drastically shortened. And all signs point to even more cuts ahead.

We’re told that we have no choice, that basic government functions — essential services that have been provided for generations — are no longer affordable. And it’s true that state and local governments, hit hard by the recession, are cash-strapped. But they wouldn’t be quite as cash-strapped if their politicians were willing to consider at least some tax increases.

And the federal government, which can sell inflation-protected long-term bonds at an interest rate of only 1.04 percent, isn’t cash-strapped at all. It could and should be offering aid to local governments, to protect the future of our infrastructure and our children.

But Washington is providing only a trickle of help, and even that grudgingly. We must place priority on reducing the deficit, say Republicans and “centrist” Democrats. And then, virtually in the next breath, they declare that we must preserve tax cuts for the very affluent, at a budget cost of $700 billion over the next decade.

In effect, a large part of our political class is showing its priorities: given the choice between asking the richest 2 percent or so of Americans to go back to paying the tax rates they paid during the Clinton-era boom, or allowing the nation’s foundations to crumble — literally in the case of roads, figuratively in the case of education — they’re choosing the latter.

It’s a disastrous choice in both the short run and the long run.

In the short run, those state and local cutbacks are a major drag on the economy, perpetuating devastatingly high unemployment.

It’s crucial to keep state and local government in mind when you hear people ranting about runaway government spending under President Obama. Yes, the federal government is spending more, although not as much as you might think. But state and local governments are cutting back. And if you add them together, it turns out that the only big spending increases have been in safety-net programs like unemployment insurance, which have soared in cost thanks to the severity of the slump.

That is, for all the talk of a failed stimulus, if you look at government spending as a whole you see hardly any stimulus at all. And with federal spending now trailing off, while big state and local cutbacks continue, we’re going into reverse.

But isn’t keeping taxes for the affluent low also a form of stimulus? Not so you’d notice. When we save a schoolteacher’s job, that unambiguously aids employment; when we give millionaires more money instead, there’s a good chance that most of that money will just sit idle.

And what about the economy’s future? Everything we know about economic growth says that a well-educated population and high-quality infrastructure are crucial. Emerging nations are making huge efforts to upgrade their roads, their ports and their schools. Yet in America we’re going backward.

How did we get to this point? It’s the logical consequence of three decades of antigovernment rhetoric, rhetoric that has convinced many voters that a dollar collected in taxes is always a dollar wasted, that the public sector can’t do anything right.

The antigovernment campaign has always been phrased in terms of opposition to waste and fraud — to checks sent to welfare queens driving Cadillacs, to vast armies of bureaucrats uselessly pushing paper around. But those were myths, of course; there was never remotely as much waste and fraud as the right claimed. And now that the campaign has reached fruition, we’re seeing what was actually in the firing line: services that everyone except the very rich need, services that government must provide or nobody will, like lighted streets, drivable roads and decent schooling for the public as a whole.

So the end result of the long campaign against government is that we’ve taken a disastrously wrong turn. America is now on the unlit, unpaved road to nowhere.
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
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Buzz
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Re: my point, put very well by another.....

Post by Buzz »

I fell asleep on the first paragraph.

Sorry.
Pudfark

Re: my point, put very well by another.....

Post by Pudfark »

callmeslick wrote: Intelligent discussion, anyone?
Ok, lets have one...I have read it once...my impressions were not positive...I will re-read and respond, probably tomorrow...dinner and meeting interfere at the moment....
Wullie

Re: my point, put very well by another.....

Post by Wullie »

Here's just one example of our stimulus dollars being spent on education.
The California Academy of Sciences is receiving nearly $2 million to
send researchers to the Southwest Indian Ocean Islands and east
Africa, to capture, photograph, and analyze thousands of exotic ants.52
The photographs of the ants – over 3,000 species’ worth, according to
the grant proposal – will be posted on AntWeb, a website devoted to
organizing and displaying pictures and information on the world’s
thousands of ant species.53
The project’s goals are, to the lay person, both laudable and arcane: In
addition to “foster[ing]…a large pool of ant taxonomists,” it also strives
to document “the vast majority of ant species known from [Africa].”54
“[Ants] give us back the most data on the environment than any other
group. Their life cycle is shorter, they change very quickly,” says the
project’s Principal Investigator in a promotional article on the
Academy’s website. “Everyone has run into ants . . . now we need to
listen to them.”55
On the other hand Bell, Kalifornia's Democrat city government has done their best to keep their own employed.
http://www.bloomberg.com/news/2010-07-2 ... tests.html

Yeah, I know it isn't discussion of your stuff.
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callmeslick
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Re: my point, put very well by another.....

Post by callmeslick »

no, in fact, Wullie, it illustrates Krugman's point: you cite the 'waste' of 2 million dollars. You DO know what the annual budget is, right? $2 million is .001% of that or less. Yet, this is how the anti-government folks sell the bullshit that is dragging this nation into the shit.
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
HappyHappy

Re: my point, put very well by another.....

Post by HappyHappy »

Most that post here agree (and understand clearly) that this leftist regime lead by Barry Obama is dragging this nation into the shit.

HH
Dawg
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Re: my point, put very well by another.....

Post by Dawg »

slick government IS the problem.
how can you promote such "anti-government types" when you see shit like this
http://www.istockanalyst.com/article/vi ... id/4281674
the trend is nationwide this article is specific, I noted it because of the huge private sector incomes in that state

or this

http://www.bloomberg.com/apps/news?pid= ... U.UkT9EB68
all the pay OUTS were supposed to save us, all that "brought us back from the brink" was bullshit
the fed starts to buy its own debt? wtf
fannie, freddie, you dont see any problems? this is why you get jumped and then think its personal attacks dude-
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callmeslick
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Location: Fearing and loathing in Delaware and Virginia.

Re: my point, put very well by another.....

Post by callmeslick »

so, you are all good with the concept of decaying infrastructure, an increasing number of low-educated citizens, no government support for innovation or basic research and massive loss of social safety nets?

Nice, have fun in the future and hope your children don't vilify you in the grave for what you've left them.
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
HappyHappy

Re: my point, put very well by another.....

Post by HappyHappy »

Most that post here agree (and understand clearly) that this leftist regime lead by Barry Obama is dragging this nation into the shit.

HH
Dawg
Posts: 837
Joined: Wed Jul 29, 2009 9:43 pm

Re: my point, put very well by another.....

Post by Dawg »

callmeslick wrote:so, you are all good with the concept of decaying infrastructure, an increasing number of low-educated citizens, no government support for innovation or basic research and massive loss of social safety nets?

Nice, have fun in the future and hope your children don't vilify you in the grave for what you've left them.
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no, I'm fighting tooth and nail to depose this socialist regime. Its people like YOU who are standing in the way slick
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