“Live now, pay later,” might have easily supplanted the national motto of “E Pluribus Unum,” instead of its supposed replacement, “In God we trust.”
Aside from the obvious reference to unearned hedonism and individual irresponsibility, it should be noted that governments derived from such careless individuals as the “live now” crowd can bring all of us even closer to being debt slaves. Yet without even the notion of pleasure as an advance reward to leadership, the function of government runs unabated. One might find it differently in private enterprise however, according to Jack Spencer:
“In the private sector, businesses can’t ignore economic reality by giving in to unrealistic union demands. They open their books and say, “look, we’ve had a lousy couple of years. We have to cut back or go under. We can’t give you what you want.” That reality check doesn’t apply to government, which is always bargaining with other people’s money. Those “other people” are us, the taxpayers. Over the decades, when faced with unpopular choices of cutting services or raising taxes, government officials have given unions most of what they asked for and left the tab to be picked up by future generations.”
In a nutshell, that is it.
I’ve been there. In fact, I have been in both places simultaneously. At the business owned by my wife and I, folks haven’t received raises in three years, yet as a county commissioner in 2012 I was present while union employees received automatic 1.5% increases. It made no sense to me that it should be so easy for a nearly unanimous Republican board to approve of such a thing, but over the years we have discovered that fiscal insanity is a scourge that has set upon both Capulet AND House Montague.
And it is generational too. So much so, that entire infrastructures are collapsing from the weight that has long had its supports removed. Pensions as a part of governmental financial negligence as referenced in the Cap Con piece above are responsible for cities literally falling apart, and legitimate public safety services being eliminated.
Compassion does not necessarily equal ethical behavior.
What someone might call “the right thing to do,” might be anything but that. Especially if it requires that a crime be perpetrated in order to follow through. Most acts of compassion by an individual cannot be questioned. It is self sacrifice; or giving, that heals, nurtures, grows, etc. It becomes a very different act when perpetrated through coercion upon some for the benefit of others.
What better way to insure higher prices, less competition, and bigger bureaucracies than to pass the so-called “MainStreet Fairness Act”?
A letter being sent today to the Michigan Congressional Delegation makes the following claims:
“The signatories consist of a wide spectrum of constituencies, including small business owners, members of state retailers associations and chambers of commerce, local elected officials, and consumers, all who want to see this commonsensehighly oppressive solution signed into law.”
“This is a critical issue for small businesses. They not only struggle to match the tax-freeShipping and logistics added prices their customers can find online, but also frequently find themselves in the frustrating position of having their stores used as showrooms by online shoppers. Their time and resources are being used up to make sales for their out-of-state competitors.”
“Opponents of the Marketplace Fairness Act have tried to argue that it imposes a new tax on consumers. But that is simply not true. The Marketplace Fairness Act will impose no new tax or tax increase of any kind, but merely create a method that states and communities can use to collect taxes they are already owed.An incredible bureaucratic nightmare for low volume sellers who are struggling to deal with increasing regulatory conditions already. For over two decades, the Internet sales tax loophole has prevented these taxing entities from receiving the legitimate revenue they need to fund essential public services for our residents leaving a revenue hole that taxpayers have had to fill.”
Strike out emphasis and editing mine.
It is an increase in the cost of business. An increase in the complication of business. An Increase in the growth of government. An increase in prices as the big box stores and larger internet retailers regain their advantage over the mom and pop enterprises.
Its cronyism. Pure and simple. BIG MONEY pushing the little guy out, and using the hammer of government to do it. Because he keeps competition in place.
I have said before, that there IS a way to solve this, and for the states who collect sales tax to get their revenues, but this cluster foxtrot is not a good path. Any congressman worth his or her salt would recognize a disaster in the making for what it is.
SHOT: @RepGaryPeters: We must act to prevent student loan rates from doubling July 1. Find out how an increase would affect MI families: Uhhhh… .
CHASER: Gary Peters Voted Against A Bill To Extend A Lower Rate For Student Loans. “Passage of the bill that would tie student loan interest rates to the 10-year Treasury note rate. Interest rates on all federal student loans (except Perkins loans) issued on or after July 1, 2013 would be set each year at the 10-year Treasury note plus 2.5 percent. Rates for graduate and parent PLUS loans would be set at the 10-year note plus 4.5 percent. Overall interest rates would be capped at 8.5 percent and 10.5 percent, respectively.” (H.R. 1911, CQ Vote #183: Passed 221-198: R 217-8; D 4-190, 5/23/13, Peters Voted Nay)
If Gary Peters was actually worried about student loan rates, why did he oppose a bill to prevent the rates from doubling for Michigan students and then hide it from voters?