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Mountain Views-News Saturday, June 22, 2019
TOM PURCELL
OUR NATIONAL DEBT IS OUT
OF CONTROL, BUT NOBODY
SEEMS TO CARE
Breaking news: Federal spending is out of
control.
I’m kidding, of course. Spending, deficits and debt have
been out of control for years. It’s just that last week we broke
yet another record.
For the first time in our nation’s history, federal spending
topped $3 trillion in a fiscal year’s first eight months,
according to last week’s Monthly Treasury Statement.
How much is $3 trillion? According to Kiplinger, $3 trillion would pay the salaries
of every member of the U.S. Congress for the next 32,336 years.
Of course the issue isn’t just what the U.S. government spends. It’s what the
government spends relative to the tax revenue it takes in. In that regard, there’s
some good news and some bad news.
The good news: The economy is doing well, causing tax revenue to swell. During
this fiscal year’s first eight months, federal tax revenues were the second highest ever
collected (they were down slightly from last year’s record amount).
The bad news: Our government continues to spend way more than it takes in -
about $800 billion more during this fiscal year’s first eight months, despite tax
revenue pouring in. That $800 billion adds to our national debt, which now stands
at a whopping $22 trillion.
How much is $22 trillion? If you were to repay $22 trillion at $220 million every day,
it would take 273 years to pay off the balance - on an interest-free loan! In other
words, we have a massive a spending, deficit and debt problem, but few people seem
to worry about it anymore.
A recent Wall Street Journal article, “How Washington Learned to Love Debt and
Deficits,” sheds light on the regrettable lack of interest in taming our growing debt.
“In theory, an increased supply of government bonds - sold to raise funds when
spending exceeds revenues - should increase government borrowing costs,” write
Kate Davidson and Jon Hilsenrath. “Theory also says big deficits crowd out business
borrowing and increase private borrowing costs, too. The opposite has happened.”
What has happened is that the economy expanded by a robust 5.2 percent last year
while the cost of government borrowing remained relatively low - one reason why
immediate concerns over spending, deficit and debt concerns have waned.
How long we can get away with heavy borrowing is anyone’s guess. As baby
boomers retire in big numbers, the costs of Social Security, Medicare and other
government programs will soar. We already are NOT able to pay our bills. The
Congressional Budget Office estimates we will begin falling $1 trillion short in 2022
and keep falling short by that amount annually through 2029.
Even this English major can calculate that our national debt may stand at $33
trillion or more by 2030.
How much is $33 trillion? It’s $30 trillion more than the debt was in 1989, $28
trillion more than it was in 1999, $21 trillion more than it was in 2009 and $11
trillion more than it is now.
It worries me that I’m one of the few Americans left who worries that our deficits,
spending and debt are out of control.
So I may as well have some fun with the subject.
If the U.S. government printed $1 million bills, a whole bathtub’s worth of them
wouldn’t equal $1 trillion. And 33 bathtubs full of $1 million bills won’t be enough
to cover our national debt in 2030.
Tom Purcell, author of “Misadventures of a 1970’s Childhood,” a humorous memoir
available at amazon.com, is a Pittsburgh Tribune-Review humor columnist.
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LEFT TURN/RIGHT TURN
SARAH SANDERS DOESN’T
DESERVE THE MEDIA’S ABUSE
CARL GOLDEN
PETER FUNT
As White House Press Secretary Sarah Sanders packs up her
office and prepares to leave the West Wing at the end of the
month, it is tempting to wonder how she’ll look back on her
two years serving as the voice of what is arguably the most unorthodox
administration to ever lead the nation.
There is no more thankless job in western civilization than
serving as the spokesperson for President Trump while dealing
on a seven-day a week schedule with a media whose collective
persona on any given day ranged from hostile to whiny,
respectful to belittling, smug to courteous, small-minded to
insightful.
Her daily press briefings became steadily more contentious
and argumentative until she decided to ditch them altogether. Whether the President
will permit Sanders’ successor to resume the tradition is unclear, but the relationship
with the media is unlikely to change significantly because the Trump is convinced
he is his own most effective press secretary. His designated surrogate is expected to
follow the narrative as laid out on the boss’ Twitter feed, no matter its accuracy, its
disconnect from reality or its often personally insulting characterization of his critics.
The media also bears some responsibility for the death of the daily briefing, turning it
into a self-aggrandizing play to the television cameras exercise while playing directly
into the hands of a president who believes they are “the enemy of the people.”
Sanders’ frustration often came through in her briefings as she defended Trump or
struggled to explain to a roomful of skeptical reporters the president’s latest rant, his
frequently cockeyed allusion to historical events or his vague hints at taking unilateral
action to punish any person or nation which displeased him at the moment.
The rhetorical contortions Sanders and her predecessor Sean Spicer suffered through
as they sought to clarify the presidential commentaries and rationalize his actions
were not only personally embarrassing but seriously undermined their credibility.
Once lost, credibility is impossible to restore.
More than once, she shaded the truth and tiptoed perilously close to the line separating
honesty from lying. Her assertion that she’d been contacted by FBI agents
disturbed over the activities of Special Counsel Robert Mueller was a blunder which
haunted her and was used by her critics as evidence of lying in the service of her boss.
The acrimonious relationship between the administration and the media clearly
reached critical mass and Sanders faced no option but to end the briefings. The situation
was beyond repair and any effort to patch things up, acknowledge the mutual
antagonism and move past it would surely fail.
She does not, however, deserve the abuse heaped on her as she heads for the exit. By
flinging insults at her, reporters, cable news talking heads, columnists and editorial
writers serve as reminders of the low esteem to which the media has tumbled. Former
press secretaries eager to regain relevancy and B-list entertainers whose audiences
deserted them long ago piled on and embarrassed themselves.
Express their differences with her if they must, but display some class by at least
acknowledging the immense difficulty of the job, the relentless pressures, and the
self-control necessary to hold tongue and temper when confronted by ill-informed
and disrespectful self-promoters masquerading as journalists.
To be sure, she chose the arena in which to compete, knowing full well that the environment
could often be a vindictive, merciless blood sport and she could walk away
at any point. The line she walked - representing a President who consistently displayed
a casual appreciation for the truth while striving to maintain her credibility
- often proved impossible. At some point, departure was inevitable; it was simply a
matter of when.
The job is one in which scars outnumber medals and anyone who takes it believing
otherwise, should find another line of work. Sanders has insisted that her tenure in
the White House was an honor she’ll carry forever, that it was the job of a lifetime
Doubtless there were times when it was all of that, offset by times when it was not.
She’s headed back to her home state of Arkansas where she should sit in a rocker on
the front porch, watch the sun sink over the Ozarks, smile to herself and tell CNN to
go to hell.
Carl Golden is a senior contributing analyst with the William J. Hughes Center for Public Policy at Stockton
University in New Jersey.
I'D TRADE 23 CANDIDATES FOR
ONE SURE WINNER!
Is the bulging
field of Democrats
seeking the
2020 presidential
nomination a
sign of strength?
Or is it a troubling
indication
that wresting the presidency from Donald
Trump won’t be as easy as it ought to be?
At last count there were 23 “major” candidates
including seven senators, four
members of Congress, three mayors, two
governors and a clutch of other hopefuls.
The field has something for everyone:
young, old, male, female, black, white, Latino,
Asian, gay and straight. They have
robust resumes, promising platforms and
meaningful messages. And, believe it or
not, there are 142 other Democrats who
have filed as presidential candidates with
the Federal Elections Commission, among
them 89-year-old Mike Gravel, the former
senator from Alaska.
So what’s the problem? Some Democrats
think the field is too large, even for this early
stage. In Iowa, where the actual process
of selecting a nominee begins for real with
the caucus Feb. 3, three out of four Democrats
planning to participate believe some
candidates should drop out now, according
to polling by the Des Moines Register.
As I see it, only three - Joe Biden, Bernie
Sanders and Elizabeth Warren - have a real
chance at the nomination. Five others -
Cory Booker, Pete Buttigieg, Kamala Harris,
Amy Klobuchar and Beto O’Rourke
- have long-shot status. The rest are just
sucking up oxygen.
This wouldn’t be so bad if one of the three
top candidates had the “it” factor of Barack
Obama. Yes, Hillary Clinton was loved by her
supporters in 2016, but she was widely disliked
as well. Her only real challenger, Sen.
Bernie Sanders, faced the same love-him or
hate-him division. And the others? A dollar
says you can’t conjure up the names Lincoln
Chafee, Martin O’Malley and Jim Webb.
This time around, thinning the roster from
23 to, say, 10, would make it easier to debate
- and free up space for lawn signs across Iowa
- but it wouldn’t change the bigger problem.
The Democratic field is both crowded and
flawed.
Joe Biden is the early frontrunner but you
have to wonder if that will hold considering
age (he’ll be 77 next year), baggage (his positions
have changed on key issues over the
course of a lengthy career, most recently on
the Hyde amendment which bars the use of
federal funds for all but a few abortions) and
the gaffe gene (he is, after all, Joe being Joe).
Bernie Sanders, who usually polls second, is a
year older than Biden. He has also shifted on
some issues such as gun control, and would
spend half his time in a general election campaign
explaining what it means to be a “democratic
socialist.”
Sad to say, both “Sleepy Joe” and “Crazy Bernie”
present soft targets for Donald Trump.
A Biden campaign boils down to “Make
America Normal Again,” while the Sanders
angle is “Make America More Liberal
Again.” These are not broad-based themes,
and neither moves the presidency away from
the control of aging, white males.
Elizabeth Warren is a policy wonk, maybe to
a fault, but her passion is unmistakable. Yet,
she is not particularly effective on the stump,
often getting bogged down in her own position
papers. She could find herself with the
type of negative polling that dashed Clinton’s
hopes.
On my scorecard, the next five Democrats
have equal or better profiles but lesser chances.
Amy Klobuchar is tough, experienced and
fluent on the issues. Pete Buttigieg is a genuine
star, super slick in interviews and probably
the most inspirational Democrat since
Obama. Kamala Harris is charismatic and
has broad support among black voters. Beto
O’Rourke and Cory Booker have sparked
pockets of interest with their high-energy
stump styles.
Still, the odds don’t favor this group. Buttigieg
is probably eight years away from a real
shot at becoming the nation’s first openly gay
president. Harris has equivocated badly on
straightforward questions, leaving some to
wonder if she has the depth at this stage of
her career to be president. Klobuchar, Booker
and O’Rourke can’t seem to find a lane
that could carry them through the primary
process.
Which brings us back to the top three, any
one of whom would make a fine president
and all of whom should be able to defeat
Trump. Then again, no Democrat in memory
had a better chance of winning the presidency
than Clinton, who was Trumped in the
Electoral College.
Democratic voters might hope that the first
debates next week will clarify things. That’s
doubtful. Debating could speed the exit of
some candidates who never really had a
chance, but it’s unlikely to change things at
the top. As Republicans proved in 2016 with
a field of 17, swaying opinion is difficult on
an overcrowded stage, and this month’s
monstrosity will involve 20 of the 23 candidates
plus five moderators.
If you’re worried about a repeat of 2016 and,
like me, long for someone with more charisma
and fewer drawbacks, then you’re stuck
with the words of Iowa playwright Meredith
Willson in “The Music Man”: “Ya got trouble,
my friend.”
Peter Funt is a writer and speaker. His book, “Cautiously
Optimistic,” is available at Amazon.com and
CandidCamera.com.
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Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com
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