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Opinion: Strong leadership is needed to address the country's finances

Wednesday, May 4, 2011

specifics to address economy should be given in 2012 election

When the floods, the hurricanes and bin Laden fade from the news -- as they will -- we will return to the political dialogue of addressing a flawed economic model that threatens the very foundation of this country.

Trying hard to avoid the obvious political rhetoric, this economic tsunami has been long in the making. Blame it on wars or terrorists or bad decisions, it matters less how we got here than it does on how we are going to solve this issue.

I took time recently to review the moment of truth, the document outlined by the president's Deficit Reduction Commission, in its final report on the state of the economy. I held high hopes that this blue-ribbon group could cut through the politics and face our urgent needs.

And to their great credit, this Simpson-Bowles Commission did just that.

But alas, few were eager to embrace their recommendations.

To me this illustrates two truths about our government; first, nothing of substance can or will be done in a political campaign environment; and second, the value of commissions of any sort is highly overrated because more often than not, their findings are universally ignored.

And by the way, that often applies to commissions at all levels including local government.

To solve the growing issue of Social Security, the Simpson-Bowles Commission had two substantial recommendations -- first, slowly over time increase the age of eligibility for Social Security, and second, tax more income for Social Security above the current level.

Now to me, these are common-sense, logical recommendations. And if implemented, they would assure the solvency of Social Security for our future.

Yet instead of seizing the opportunity to solve a problem, their recommendation gathers dust.

Why is that so?

Here's the pressing issue that must be addressed during the 2012 campaign: Give us specifics on how to address this economy instead of some generic raising of taxes and reduction in spending. Put true numbers and honest proposals and let the American public decide.

Though it may be political suicide to threatens cuts in dearly held programs, it will take that level of leadership to make those tough decisions for the future of this country.

If the president and his cohorts want to talk "shared sacrifice," let's just make certain that we all share in the pain in some equitable fashion.

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What are Mike Jensen's credentials? What comprises his education and background? Is he a Midwesterner who knows about our particular problems? What insight, special knowledge, does he possess that might influence my views?

-- Posted by criticaldiscerner on Wed, May 18, 2011, at 7:30 AM

I love it when people say not to look at what got us here, they just want to look at the way out.

How did we get here?

Repeal of Glass/Stegal

Trade deals the destroyed our jobs

Massive regulations on the State and Fed level

Spending out of control

Fed involvement in mortgages, Fannie and Freddie

Fed involvement in farming

Fed involvement in Education

Massive bailouts

Fed Involvement in ....... just about everything.

Start fixing things by addressing these problems.

Anyone in the real world that runs a business must look at problems and how they started to understand how to fix them. This is just common sense the doesn't seem to be to common any more.

President Obama is a disaster and the big government Democrats AND Republicans are part of the mess to. However, one of the biggest problems is the uninformed electorate that is slowly getting more and more educated. Oh, and by the way, Congress woman Emerson has voted for all of the above.

Bob Parker

-- Posted by electbobparker.com on Thu, Jun 16, 2011, at 12:14 PM

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