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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (144159)9/15/2010 8:19:30 AM
From: Mary Cluney  Read Replies (1) | Respond to of 541933
 
<<<Rolling up debts that you won't pay back and that the people who come after you will be responsible is still intergenerational theft. And the financial debts that we have been rolling up over the past 30 years have been pretty massive. >>>

Generally no one likes debt. We don't make public policy as if everyone is a serial killer. Irresponsible public policy has created and exacerbated our national debt.

Bill Clinton showed us that we could be responsible, do good, and allow more people to live prosperous live. We could run budget surpluses, pay down the +debt, and not raise taxes. He didn't have that much time to get things done, but he showed to us the possibility of a pathway - or road map.

Ronald Reagan started the trickle down economic theory and sold it to George and George Bush and the Republican party. As a result we have this economic mess.

<<<The environmental debts that we have been rolling up over the past, roughly, 150 years or so (if we start the modern era of pollution roughly at the Drake oil well in 1859) have the potential to be even more massive if we don't do something about them.>>>

The environment debt is a different issue even though wrong headed public policies are the cause. The only similarity is that generally speaking the same people are on the wrong side of these issues.

Conflating these two issues makes it that much harder to get anything done.

<<<Rolling up debts that you won't pay back and that the people who come after you will be responsible is still intergenerational theft.>>>

Broad brush slogans, blaming everyone, making intergenerational generalization is likely to do good when some wordsmith is trying to make money selling some silly book.



To: Sam who wrote (144159)9/15/2010 8:37:18 AM
From: Steve Lokness  Respond to of 541933
 
Sam;

whether people commit intergenerational theft on purpose or not is irrelevant.

Gosh this post is well written and full of wisdom. I especially like your comments on the "environmental debts" and absolutely agree.