The Joplin Globe, Joplin, MO

Opinion

November 23, 2012

Our View: A lot of many things

"Just a little bit more.” The quote is from President Barack Obama calling for increasing taxes on the rich in America by about 4 percent.

In our view, the problems in the American economy call for much more than “just a little bit” of anything.  We need instead a lot of many things.

Actually the insatiable demand from the American people for a lot of everything from the federal government is at the root of our economic plight today. For a long time now Americans have demanded a lot, $16 trillion worth that the government has yet be to be able to afford.  

The president has also said that we must “reduce our deficits, responsibly.” That  sounds like a good idea. We should responsibly get control of spending more than the government collects. You can either cut spending a lot, raise taxes a lot or do both at the same time, but not by just a “little bit.”

When problems are huge, doing just a little bit never resolves the problem or it takes decades to even begin to make a dent in the problem.

This country did not just suddenly leap into this problem of debt and deficits. We have been moving in that direction, slowly and then accelerating the pace to the “fiscal cliff” since 2001. And no, just our two wars since that date were not the sole reason for our economic problems today. We have seen “bubbles” unrelated to war bursting in our midst for a decade now.

Housing bubbles, dot-com bubbles, Wall Street and derivative bubbles, banking bubbles, European bubbles and for sure the international bubble called the Arab Spring have been exploding in our faces for a long time now.

As Lawrence Welk once said, “Would someone please turn off the bubble machine?” Congress, which promotes many of those bubbles and fails to pay for them, should take that into consideration.

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Opinion
  • Our View.jpg Our View: No need for No. 9

    “Shall the Missouri Constitution be amended so that the people shall be secure in their electronic communications and data from unreasonable searches and seizures as they are now likewise secure in their persons, homes, papers and effects?”

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  • Your View: ‘Right to Farm’ is wrong

    On Aug. 5, voters will be asked to make a decision about Amendment 1.

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  • Your View: No on Amendment 7

    The Missouri Department of Transportation is wanting more money through a three-quarter-cent addition to the sales tax. Consider one example of how it spends your money.

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  • Your View: Bad way to get revenue

    I received two fliers through the mail today asking me to vote “yes” on Amendment 7, which would add a three-quarter-cent tax to Missouri’s sales tax to help maintain roads and bridges.

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  • Other Views Other Views: Symptom of bad policy

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  • Rebecca French Smith, guest columnist: Amendment 1: Farmers are 'boots on the ground'

    Take a moment and ask yourself who was the last person in your family to farm.

    July 28, 2014

  • Your View; Makes no sense

    Chess was never my game. It’s too complicated.

    July 28, 2014

  • Your View: Time value of money

     I was shaking my head along with Anson Burlingame (“Much has changed in U.S. over 14 years,” Globe, July 22), then he offered his readers a chance: “Go ahead — take your pick.”

    July 28, 2014

  • Your View: Boiling a frog

    We voters are now being urged to vote on Aug. 5 for Amendment 7 “to fix our roads, highways and bridges.”

    July 28, 2014

  • Our view: 'Yes' on 7

    Opponents of Amendment 7 say this: “Missouri families are already hard pressed to pay their bills during this period of slow economic recovery.”

    July 26, 2014

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