The governor of NJ has just laid out his recovery from the pandemic plan. Of course, when that plan starts depends on what happens with the number of new Covid-19 cases. If they decrease enough for a 14-day period, then certain business can start to reopen.
The governor presented a 2-d grid where jobs that risk communicating the virus was represented by the X-axis while Y-axis represented how essential the business was to preserve life. When reopening begins, the most essential jobs that have the lowest risk of catching and spreading the virus which are still closed would be the first ones to be opened.
But I have a question. Currently, only the most essential jobs are allowed to be open regardless of the risk. But with the economy taking such a hit, why not allow the businesses whose operations pose the least risk of spreading the virus to open now?
The point I would like to make is this: there is more than one reality that is pressing in on us at the current time. And so far the response to the pandemic from both the nation and most of the states is to respond to only one of those realities while ignoring the others until the current reality becomes much less of a threat. The problem is if we picture each reality with its own set of icebergs to avoid. To address only one reality to avoid its icebergs might be causing us to, inadvertently sail in a collision course with the icebergs from the other realities.
Another reality that is pressing in on us is the economic reality. That economic reality carries with it both personal and group bankruptcies. The icebergs that come with the economic reality includes the effects that those bankruptcies, poverty, and all of the problems that the economic carries as well as limited potential for recovery. State debts could, if some Republicans have their way, cause states to declare bankruptcy allowing judges to determine what debts each state involved will pay back as well as increase unemployment.
Certainly the federal government has not entirely avoided the economic reality with the stimulus package. But the question is, how many stimulus packages can the federal government afford since it was already causing the deficit to spike more than it has been with the combination of its spending on goodies from corporations and tax cuts to reduce taxes for the wealthiest? As one magazine article noted, when economic times were good was the time to focus on our decaying infrastructure. But instead, our government was pursuing an Ayn Rand, Atlas Shrugged, rescue of the wealthiest from having insufficient obscene wealth. And who knows how long we can continue to allow the national debt to grow before we experience serious damaging results?
We need to include, in our response to the pandemic, a concern for the economy on all levels: nation, regional, state, city, local, and personal along with our need to drastically reduce new cases of the virus. For we don't know how much we can reduce new instances of the virus. How much damage will be done to the economy and people's lives while attempting to reach medical goals, which might be unreachable, for too long a period of time?
And none of that includes the social concerns of the effects that the loss of jobs, incomes, and a social life can have on people's lives. Those effects make up just another set of icebergs that we should strive to avoid.
By paying too much attention to the icebergs that come with the medical issues involved with the pandemic, and those issues are extremely important, we might still find ourselves on a collision course with other icebergs. They just won't be the icebergs that were on our radar because of our selective focus. Here we should remember that Covid-19 is not the only thing that can sink our nation.
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| This Month's Scripture Verse: 1 But false prophets also appeared among the people, just as there will also be false teachers among you, who will secretly introduce destructive heresies, even denying the Master who bought them, bringing swift destruction upon themselves. 2 Many will follow their indecent behavior, and because of them the way of the truth will be maligned; 3 and in their greed they will exploit you with false words; their judgment from long ago is not idle, and their destruction is not asleep.. II Peter 2:1-3 | |||||||||
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Showing posts with label The Economy. Show all posts
Showing posts with label The Economy. Show all posts
Tuesday, April 28, 2020
Wednesday, November 7, 2018
Comments Which Conservatives Block From Their Blogs For November 7, 2018
Nov 4
To Joe Carter and his blogpost that cites a Joseph Loconte article on Luther’s 95 theses and what that did to promote religious liberty and a free conscience. This appeared in the Acton blog.
There are problems with Loconte's article on Luther and conscience. Besides the fact that appeals to our conscience do have a limit, we should note what else Luther supported. He sided with wealth and power by supporting a brutal suppression of the Peasant's Revolt as well as he, later on in life, expressed strong anti-Semitism sentiments and suggested harsh treatment of the Jews in Germany with the purpose of seeing them gone through attrition.
From these two facts, we see that even Luther put limits on the conscience: the consciences of some with whom he disagreed. The limits we should note about the conscience here is that we can't excuse our oppression of others on our consciences. This excusing of visiting injustice others occurred during Jim Crow when some Christians used the Scriptures to defend segregation and white supremacy. Here one could say that they included an appeal to consciences as a defense of their abuse of others. At least that is how they saw it and the same could be said of those who owned slaves or supported slavery that preceded Jim Crow.
How some Christians used their religious beliefs to defend the oppression of Blacks is an important point to bring up here because a similar defense is being made for Christians being able to discriminate against the the LGBT community. Though there are significant differences between the past marginalization of Blacks in during slavery and Jim Crow and how many religiously conservative Christians want to discriminate against the LGBT community today, the basic theme of not sharing society with a targeted group as equals is what both kinds of discrimination have in common.
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Nov 5
To Caroline Roberts and her blogpost that references an article by Samuel Gregg that speaks of what is good and bad about our economy. In listing what is bad, Loconte lists several entitlement programs as causing current and future harm to our economy. Roberts’s article appeared in the Acton blog
In actuality, the article cited (see https://stream.org/economy-booming-but-theres-trouble/ ) is rather disingenuous with its claims about the economy and especially about entitlement programs.
Is the economy improving? Yes, but it has been for a while especially during much of Obama's Presidency. In other words, part of the success of the economy has to do with the momentum created by what went on during the Obama Administration.
But is the economy improving for everyone? No. Wealth disparity continues to grow and with that there is a growing disparity in political power so that the wealthiest gain more and more political power. Wages for many jobs have not increased significantly for decades when accounting for inflation. Basically, we have an economy that revolves around the whims of major shareholders rather than one that accounts for the needs for everyone.
The grouping of entitlement programs as being blamed for 70% of the Federal budget is deliberately deceptive. Both Social Security and Medicare are self-funded and thus cannot negatively contribute to the National Deficit or Debt. In fact, the Federal Government has borrowed more money from the Social Security Trust fund to finance its spending than any other lender including China. Realize that that fund is financed by individual payers for their collective future for when they retire and much of that spending goes to corporations. Thus we are seeing a transfer of funds from the middle and lower economic classes to the higher ones. Also, to include Social Security and Medicare with programs that are not self-funding in this 70% of Federal spending is deliberately dishonest. In addition, one of the reasons why we have some current spending problems with Medicare is because of Federal laws that prohibit Medicare from negotiating lower drug costs with Pharmaceutical companies.
To merely call self-funded programs like Social Security and Medicare entitlement programs is false labeling. To call the non-self funded programs entitlement programs without including other labels is highly selective. Along with Social Security and Medicare, these programs are survival programs for many in this nation.
From an overall perspective, the most apparent reason for calling for cuts in these entitlement programs is that those with wealth want to pay less and less in taxes while enjoying the benefits from living in and/or doing business in our nation at the current and previous tax rates. Basically we have an ongoing Ayn Rand Coup of the government. But let's suppose we cut those "entitlement programs," what happens? This has been occurring in Greece and even the IMF has come to the conclusion that national austerity policies lead to economic harm. From other perspectives, these cuts lead to a society and culture that value things over people. Such according to Martin Luther King Jr maintain what he called the 'triplets of evil': racism, materialism, and militarism.
To Joe Carter and his blogpost that cites a Joseph Loconte article on Luther’s 95 theses and what that did to promote religious liberty and a free conscience. This appeared in the Acton blog.
There are problems with Loconte's article on Luther and conscience. Besides the fact that appeals to our conscience do have a limit, we should note what else Luther supported. He sided with wealth and power by supporting a brutal suppression of the Peasant's Revolt as well as he, later on in life, expressed strong anti-Semitism sentiments and suggested harsh treatment of the Jews in Germany with the purpose of seeing them gone through attrition.
From these two facts, we see that even Luther put limits on the conscience: the consciences of some with whom he disagreed. The limits we should note about the conscience here is that we can't excuse our oppression of others on our consciences. This excusing of visiting injustice others occurred during Jim Crow when some Christians used the Scriptures to defend segregation and white supremacy. Here one could say that they included an appeal to consciences as a defense of their abuse of others. At least that is how they saw it and the same could be said of those who owned slaves or supported slavery that preceded Jim Crow.
How some Christians used their religious beliefs to defend the oppression of Blacks is an important point to bring up here because a similar defense is being made for Christians being able to discriminate against the the LGBT community. Though there are significant differences between the past marginalization of Blacks in during slavery and Jim Crow and how many religiously conservative Christians want to discriminate against the LGBT community today, the basic theme of not sharing society with a targeted group as equals is what both kinds of discrimination have in common.
-----------------------------------------------------------------------------------------------------------------------------
Nov 5
To Caroline Roberts and her blogpost that references an article by Samuel Gregg that speaks of what is good and bad about our economy. In listing what is bad, Loconte lists several entitlement programs as causing current and future harm to our economy. Roberts’s article appeared in the Acton blog
In actuality, the article cited (see https://stream.org/economy-booming-but-theres-trouble/ ) is rather disingenuous with its claims about the economy and especially about entitlement programs.
Is the economy improving? Yes, but it has been for a while especially during much of Obama's Presidency. In other words, part of the success of the economy has to do with the momentum created by what went on during the Obama Administration.
But is the economy improving for everyone? No. Wealth disparity continues to grow and with that there is a growing disparity in political power so that the wealthiest gain more and more political power. Wages for many jobs have not increased significantly for decades when accounting for inflation. Basically, we have an economy that revolves around the whims of major shareholders rather than one that accounts for the needs for everyone.
The grouping of entitlement programs as being blamed for 70% of the Federal budget is deliberately deceptive. Both Social Security and Medicare are self-funded and thus cannot negatively contribute to the National Deficit or Debt. In fact, the Federal Government has borrowed more money from the Social Security Trust fund to finance its spending than any other lender including China. Realize that that fund is financed by individual payers for their collective future for when they retire and much of that spending goes to corporations. Thus we are seeing a transfer of funds from the middle and lower economic classes to the higher ones. Also, to include Social Security and Medicare with programs that are not self-funding in this 70% of Federal spending is deliberately dishonest. In addition, one of the reasons why we have some current spending problems with Medicare is because of Federal laws that prohibit Medicare from negotiating lower drug costs with Pharmaceutical companies.
To merely call self-funded programs like Social Security and Medicare entitlement programs is false labeling. To call the non-self funded programs entitlement programs without including other labels is highly selective. Along with Social Security and Medicare, these programs are survival programs for many in this nation.
From an overall perspective, the most apparent reason for calling for cuts in these entitlement programs is that those with wealth want to pay less and less in taxes while enjoying the benefits from living in and/or doing business in our nation at the current and previous tax rates. Basically we have an ongoing Ayn Rand Coup of the government. But let's suppose we cut those "entitlement programs," what happens? This has been occurring in Greece and even the IMF has come to the conclusion that national austerity policies lead to economic harm. From other perspectives, these cuts lead to a society and culture that value things over people. Such according to Martin Luther King Jr maintain what he called the 'triplets of evil': racism, materialism, and militarism.
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