Tuesday, October 31, 2017

False Choices

It is nothing new for politicians and pundits to present choices which encourage the listener to prioritize goals, encourage resources to be directed to issue A over issue B, or when all is lost, pick the lesser of two evils.  After all, like any American, our government must make hard choices concerning where is should expend its resources and how it should collect the money to afford those decisions. 

Traditionally, and I say traditionally as the United States government has run a deficit for the vast majority of its 225+ years of federal budgets, we, as a nation, have spent more money than we received in taxes.  This was especially true for the presidents who were in office during WW1 and WW2 when the percentage of our national debt grew the most in history.  More recently, since fiscal year 1982, the 36 federal budgets under the last 5 presidents (Reagan, Bush 1, Clinton, Bush 2, Obama) have created $18.6 trillion of our total $20 trillion debt; about $13.8 trillion of that in only the last 16 budgets! 

https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

Of course, this trend is not just confined to our federal budgets.  State and local debt is over $3 trillion, and the total household debt in America just broke a new record at $12.7 trillion.

https://www.usgovernmentspending.com/compare_state_spending_2017bH0g

Clearly, we are a nation of consumers who do not save for our big ticket items, are not prepared with an emergency fund to pay for unexpected failures of big ticket items, are not content with the possessions we have, and/or do not earn enough money to purchase the items we feel we need to improve that lack of contentment.  In other words, through easy credit, a keeping up with the Jones's philosophy, and a serious lack of discipline, we are a nation of debtors.  And I include myself in this assessment!

Just as clearly, the time for hard choices is upon us.  The recent GOP tax reform proposals take a swipe at the problem by reducing our nation's tax rates (reducing revenue) in hopes that increased spending will lead to a demand for more products and services which will spur economic growth, reduce unemployment even further, and create more and higher paying jobs.  Unfortunately, the bulk of the tax breaks are going to those in the top tax brackets.  As we witnessed during the Reagan and Bush 1 administrations, not enough money trickled down to the working class in America, the national debt increased by $3.4 trillion (from 1 trillion to 4.4 trillion) in those 12 years, and the beginning of the stagnation of the buying power of the middle class began.  As a result, it is not too hard to imagine another jump in the national debt, even more incredibly rich people, and a continuation of the disappearance of the middle class. 

Additionally, as the mantra of reduced government regulation continues to fly from the lips of these same legislators, forward thinking plans to address climate change, invest in the green energy industry, and protect our environment are scuttled by the short term vision of interstate pipelines, bringing back coal jobs, drilling in our oceans, and pretending that spewing pollution and contaminants into the air is not the same as taking a shit on your front porch.

But that is the rub.  We are told that we can't have cheap energy unless we pollute our environment. That we can't have low employment without mega corporations paying little or no taxes.  That we can't have gun control without freedom.  That we can't have a standard of living which enables everyday people to work only one job, have a few children, take a few weeks of vacation, and retire with the knowledge that they won't have to choose between food and medicine unless we allow corporations free reign to move jobs and profits offshore while still reaping the benefits of American security. 

In as partisan as is our political discourse, as unequal as is the income of the top compared to the bottom wage earners, as rabid as is the criticism and support of President Trump, we need to dissect and dismember the arguments of those who present us with false choices.  When we can afford to pay our star athletes $40 million a year to play a game, our top CEO's the same and more to run our businesses, when we read of hedge fund managers who net 8 and 9 figure salaries while underfunded pension funds threaten the livelihood of hundreds of thousands of retired Americans, and billionaires who area legally able to deduct the result of their bad decisions from future tax payments, when we are startled to learn of inner city school classrooms that lack the basic teaching materials, and that upwards of one in five children go to bed hungry at some point in a calendar year, then we MUST stop accepting false choices from our leaders and demand that our voice and our vote is for the most pragmatic process to reduce taxes for the middle class without sacrificing our elderly, the most sensible way to control gun violence while maintaining our freedoms, the most efficient means to address the very real threat of climate change while reducing our dependence on fossil fuels; in other words, the best of two (or more) options. 

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