Comments by Ianmac37

Apr 29th 2011 12:21 GMT

The American Empire is in decline. Yes, we are an empire. Just look at the territories that the US "owns" that are outside the 50 states and the District of Colombia (Guam, Puerto Rico, the US Virgin Islands, Guantanamo Bay, American Samoa, and more). But the decline is due to financial mistakes.

Since 1981 there has been a massive shift of income and wealth from the poor and middle class to the rich and very rich. This has been brought about by Republican tax and fiscal policies and by the deregulation of safety nets and commerce. This also has led to a corresponding shift in consumption patterns. (Of course! The rich spend their income in quite different ways than the blue collar worker. Why is that a surprise?) The rise in 401k and IRA retirement plans and the parallel demise of defined benefit plans helped fuel the great casino on Wall Street, which led to the creation of more and better ways to gamble on new and improved securities. Much churning and little real investment or production of goods.

This decline will continue until a crisis requires a return to sound tax and fiscal policies that promote the middle class. This will take the defeat of most Republicans and the education of many Democrats (some of whom seem to be touting the same disaster-prone policies that their ignorant opponents champion).

Apr 20th 2011 9:25 GMT

In an empire undergoing decline, which is a good description of what is happening in America, the critical infrastructure erodes. That includes human capital as well as physical capital. So, I watch the Republican'ts (Repubs with the watchword "can't) destroy teaching as a profession as well as bureaucrats (otherwise known as public servants).

It took several hundred years to completely dismember the Roman Empire. How long will it take for the USA? Remember, we live in a smaller and more fast-paced world.

Apr 19th 2011 2:03 GMT

We have known for at least 40 years that rotating shifts of work with shift frequencies of a week or less are destructive to health and job performance. Why are these insane shift changes even allowed? Perhaps it was because Ronald Reagan destroyed the air traffic controllers' union that started us down this foolish path. When workers are not allowed to negotiate the terms of their (exhausting) work we get unwanted results. In a few years we will see what has happened to teachers in Wisconsin and all public servants in Ohio , Florida, and Indiana. I predict poor consequences.

Apr 16th 2011 1:27 GMT

All the data show that there has been a massive shift of income share from the middle class (and from the poor) to the very rich. One can quibble about the exact percentages and one can also quibble about what types of income, or wealth, to include. What no one can dispute is that the shift has happened.

Then, we know that the rich, however defined, spend their income in a different pattern than the middle class or the poor. That is a given for any economist. That, sir, is what I see as the key to what has happened in America. Not the only key, of course, but the first of two major changes that have been brought about by "conservative" economic dogma. My count starts with Ronald Reagan and his tax cuts that kicked the ball into motion.

The second major change has a somewhat longer time frame. It involves the change in how retirement plans are composed. At one time the employer created a retirement fund that was invested in stable and predictable stocks and bonds and offered defined benefits after certain periods of work. That has almost disappeared into 401k plans, IRAs, and similar individual investment plans. A complete industry sector has evolved that promises rapid growth of individual investments, but based on frequent buying and selling of stocks (wherein the broker takes a percentage of each transaction). We have day traders and salesmen on the TV promoting their easy and computer driven frequent stock trading. This system has vastly increased the income of Wall Street investment operators and led to the invention of more and newer types of securities (junk bonds, and derivatives, etc.). Wall Street became a great gambling casino and the newly wealthy who benefited from the Republican social redistribution of income and wealth became avid players. Everybody else lost! Stocks and securities no longer were valued on the basis of individual company profit or loss, but on the churning of the stock in and of itself. Real estate values followed the same pattern. Then everything crashed. Because that system was unsustainable.

In the 1960s and 1970s we had, in America, reached an economic equilibrium that consisted of a strong middle class, a moderate number of poor, and a moderate number of rich. The results of the two phenomena I describe above has led to a new economic equilibrium of a much larger number of poor; a much smaller number of middle class, and a slightly larger number of richer rich. It will take serious work to disable this equilibrium and create a new one with more middle class and less poor.

We cannot do it by starving government.

The Republicans know that their base (the rich and the foolish or ignorant sector of the blue collar) will either not be hurt by any government shutdown (the rich) or will blame the Democrats anyway (the ignorant portion). Any government shutdown will be costly, more costly than any savings the Republicans could get anyway.

The nasty thing in all of this is that the whole crisis was caused by Republican tax cuts that benefited mainly the rich and shifted income share massively from the blue collar and middle class to the already rich. Return the tax system to what it was before Ronald Reagan began to destroy the middle class and there would be little or no deficit. Pay for the wars with tax increases and war bonds. Do the right thing! Sorry, I expect too much from Republicans. They would rather see the American economy trashed. The rich will not feel it!

Apr 8th 2011 1:39 GMT

Mr. Ryan's budget plans are a disaster in the making. Medicare works but would be unavailable for the poor seniors if the Republican voucher system were used. Far better to tighten up on the fraud that is endemic in current Medicare and to eliminate Medicare "Advantage," which is no advantage at all except to insurance companies. Why do I receive telemarketing calls every week from some new company who wants to provide me with diabetic supplies for free? Why can Hoveround run expensive advertisements regularly on TV that promise a "free" motorized chair for seniors? And there are more such ads. They are obviously extra profitable and should be regulated (a word Republicans do not like). That's where the Medicare savings can be found. There are other means that would not destroy Medicare but make it more efficient. The Rethuglicans want none of that and simply want to enrich their business friends at whatever cost in money and health for seniors like me.

Apr 6th 2011 9:13 GMT

The rational solution to the US budget and debt crisis is to raise taxes on those most able to pay them. That will not be done because the Republicans are playing the ideology card and will not consider any rational ideas -- their base will not understand that kind of thinking (or any thinking at all, for that matter).

Ryan's budget is unsupportable because he does not address the biggest waste of all, the defense budget and still tries to undercut his own argument about the debt by continuing to cut taxes on the very people who should be chipping in to maintain their country and the way of life it has allowed them to pursue.

Will we have to wait for the disaster that the regressive solutions offered by the Republicans will create before we elect rational people to Congress? Probably!

One possible explanation for different response time frames in different conflicts could be the availability and quantity of external support. In Vietnam there was a constant and plentiful resupply of weapons, support, and personnel. In Afghanistan somewhat less so (but there does seem to be more weapons supply than what should be assumed from a purely indigenous group). The Mau Mau had a much greater difficulty in getting supplies of all kinds. This analogy can be repeated going back to much longer history than the authors of this formula consider. Think the American Revolution and the much forgotten support we got from France!

Mar 31st 2011 6:22 GMT

Nuts! The solution is to raise taxes on all the population and balance the budget. It was Greeks and Irishmen and Portuguese who got their own countries into this mess and every citizen needs to participate in the solution (with, of course, assistance to the very poor as minimally needed).

Once the voting population suffers for what the politicians did or didn't do, then that same population will pay closer attention when they decide who should lead them in the future. The United States should take this advise as well. We cut taxes for thirty years to benefit the rich and are now suffering for that foolishness. Incredibly, even Democrats, who should know better, spout about cutting taxes even when knowledgeable people, such as Robert Reich, explain clearly what the consequences are and have been.

Mar 31st 2011 6:14 GMT

"Islamic does not mean islamist.." True, and Christian does not mean evangelistic. However, Evangelic Christians are much more likely to be anti-democratic right-wing fanatics just as fundamentalist Muslims are much more likely to be similarly anti-democratic. Mild religion, which is tolerant of other religions as well as rational people (atheists, for example) can exist within a democratic government system. Conservative religions, when allowed political power, tend towards authoritarian government -- much like their pattern of religion.

So, the stronger the religious leanings of the Arab revolutionaries the less likely I consider the possibility of any true democracy emerging.

Mar 28th 2011 9:17 GMT

The rich in the USA do, indeed, pay a greater percentage of federal income tax than the middle class but that is only part of the story. When you account for all taxes, state income and sales taxes, excise taxes, etc., the tax burden evens out as a percentage of personal income at about 40 percent, according to a study by Boston University. Those who claim that the rich are overtaxed are ignoring every tax except the federal income tax. It sounds like "1984," repeat a lie often enough and people will believe it.

The rich are under taxed. They make much more and should be taxed at a higher rate. Period!

Mar 21st 2011 10:04 GMT

The "Arab Awakening" does not seem to include any desire for freedom for women. In each of the uprisings I see every woman wearing the slave suit and the only places where women had education and good chances at creating a professional life (doctor, lawyer, etc) were dictatorships. When the dictators were overthrown, the women lost out.

Someone needs to point out that freedom comes only when religion is kept separate from government. Otherwise, like Iran, one authoritarian government is removed only to put another in its place.

Mar 8th 2011 1:10 GMT

As long as providing the very rich more and more tax breaks is the driving Regressive force, then there will be budget deficits. These deficits are not caused by Social Security or Medicare. They are caused by the unconscionable demands that the people most able to pay taxes are not asked to pay taxes.

Return us at least part way to the tax levels of the Eisenhower years and we will have surpluses. Assuming, of course, we are able to curtail the wars that are also draining the public purse.

Mar 5th 2011 1:32 GMT

Since 1981 there has been a massive shift in income distribution to the richest five or, at most, ten percent of the population. This has led to a corresponding shift in the market basket, on average, in America and is the major reason we see our economy hunting for a new equilibrium. The new equilibrium will include more low wage jobs than in the past (in terms of percentage) and lower average benefits. There will be great gains by the richest sector of wage earners and a corresponding rise in the proportion of luxury goods as a percentage of the market,

The whole equilibrium will come apart when the large mass of low wage people try to retire and find that Social Security has not kept pace, if the Republicans have not killed it by then, and medical costs have risen so much that only the rich can afford to be healthy.

Mar 4th 2011 1:17 GMT

Nonsense. The wage stagnation in the US can more easily be explained by the application of wrong-headed Republican tax and fiscal policies, especially since 1981. We can trace the massive shift in income share from the middle class to the already rich from Ronald Reagan's nation destroying policies, which were carried further by the Bush family and by Newt Gingrich's term in Congress.

Those policies also exported American employment to foreign workers, all in the name of creating more profits for the upper three percent of America's wealthy class. We have foolishly elected Regressives in the past thirty years (except for a brief period in the 1990s, when we had budget surpluses) and are paying the price for that error.

Mar 3rd 2011 9:57 GMT

Judging from what we see the Regressives doing in Wisconsin, Ohio, and Arizona, I am willing to bet that the Democrats (Progressives) will recover all their 2010 lost ground when the 2012 fog clears. Current Regressive demands for budget cutting exercises at the federal and at the various state levels will insure that unemployment will remain high and, probably, increase during the next fiscal year. Just look at unemployment versus changes in the federal spending during the 1930s -- that's exactly what happened then for the same reasons. And, for the same regressive economic and social policies the Regressives currently tout.

I have worked for the government, union shops, and non-union shops over the 60 years that I have been employed. (I am retired as a civil servant, as that was the only employment that offered a retirement package. I disagree with your conclusions. Some of the most innovative and intelligent people I have ever worked for were in government service (and they were more honest as well). I worked for IBM (Poughkeepsie, NY) and Texas Instruments (Houston, TX), both non-union shops. Everything you claim is typical of government employees - flat distribution o wages and little reward for excellence was true at both of those places. Microsoft might be different, I'm not able to say as I never worked there. However, those who excelled in the government department where I worked for 20 years did receive promotions and rewards equal to or better than what I saw offered at IBM or TI.

Interesting theory, but not matching the real world. Private employers (think Walmart) are worse than many government operations.

Feb 24th 2011 8:15 GMT

The police and firefighters seem to have a too-generous retirement system, perhaps because they risk their life in the performance of their duties. Teachers, on the other hand, do not enjoy similar retirement benefits and are paid less than their educational peers who work in private industry. To understand Wisconsin you only have to note that the teachers are being targeted while the police and firemen are not. Therefore, the prime reason for the attack is simply to destroy the unions, a long time Regressive goal.

The Regressives are making sure there are tax breaks for the rich and for big corporations while they raise the fees and taxes paid by the poor and middle class. This is nothing less than an attempt to destroy America as we know it and as it has developed since WWII. The Regressives want to return to the way things were in the 19th century and we will all suffer for it.

If the benefits earned by teachers are so bad, why are the much larger perks "earned" by Wall Street brokers so good? The middle class is demonstrating in Egypt, Yemen, Jordan, and Libya. When will we do so in the US? Do we have to wait until the Regressives destroy the economy?

Feb 24th 2011 2:19 GMT

So begins the destruction of America. While the Regressive Republicans cut the taxes of the rich and corporations (Wisconsin cut some $140 million of business taxes this year leading to the $130 million shortfall) an attempt is made to curtail the salaries and benefits of regular workers. Public employees make more on average than the average salary of all other working class people, but that's only if you ignore the education requirements of those government jobs. If you match the same jobs then the public workers get less in virtually all cases.

When will we learn that destroying the middle class (and that means unions) will destroy our economy? The Regressives are just that as they favor regressive tax policies, regressive fiscal policies and regressive social policies. They are not "conservatives." They are not "neocons." They are not just Republicans, but they are Regressives, and they are a danger to American values.

Feb 17th 2011 8:35 GMT

We Americans can cut the deficit and reduce the national debt when we repeal the Bush tax cuts for the rich. A marginal tax rate of 70 percent should do the trick.

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