The View From 1776

Response to a Reader

One reader disliked Helicopter Ben Hovers.

Posted by .(JavaScript must be enabled to view this email address) on 12/26 at 02:06 AM
  1. Since Mr. Brewton is listing all the things that may have contributed to the dire economic circumstances America is facing I would like to add something. I would remove the passage in the Declaration of Independence about the people's unalienable right to pursue happiness. It seems that they have pursed that right at all costs. Too much pursuit and not enough prudence.

    America had been pursuing a bit too much happiness for its own good, without savings or without realizing the consequences. Now, payback time has arrived. It has little to do with the rules and regulations Mr. Brewton mentioned. It has more to do with America's overall culture and attitude.

    Remember Bush sending Americans off on a spending spree after 9/11? He said if you don't go out and spend and have fun the terrorists will have won. Well, in a sense the terrorists have won because their ambition was to disrupt America's economy as much as possible. And they have succeeded, inadvertently. America and the world will be paying for this for a long time, because of the reckless spending binge America went on.

    One problem is that a lot of Americans hate paying taxes, for anything. (Under the Clinton administration people payed more taxes and the economy did better.) Taxes are needed to run the country and communities. The lack of taxes has left America's infrastructure in a disgraceful state. But had Americans payed more taxes for infrastructure instead of having more money in their pockets to spend like drunken sailors, perhaps the financial and credit mess America is in today would not have been as bad.
    Posted by .(JavaScript must be enabled to view this email address)  on  12/26  at  03:36 PM
  2. Bravo, David!

    Brewton's four point plan to save the economy (gold standard, tax cuts, anti-Keynesism, and outlawing unions)is interesting in a Herbert Hoover time-warp sense, but it not likely to get the economy out of its current state.

    Basically, Tom is saying, "Yes, the government should just get tough and wait it out. Give a tax break to the rich, outlaw unions, and for the people in economic trouble -- let'em starve - they probably deserve it."
    Posted by .(JavaScript must be enabled to view this email address)  on  12/27  at  03:35 PM
  3. Boooo, David!

    You write: "I would remove the passage in the Declaration of Independence about the people
    Posted by bill greene  on  12/27  at  06:12 PM
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