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America Today
columnist: Mark Vogl

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Topic: Economic Policy

A new economic reality and theory materializes


A survey of the economic macrocosm which is Amerca at the turn of the century.
by Mark Vogl
(conservative)
Tuesday, March 1, 2011

What is amazing to me is that despite extraordinary burdens, obstacles and challenges the economy of the United States refuses to go down.  It appears in my mind like a mammoth surrounded by scantily clad natives in a bog.  It's legs are caught in the tar,  and it struggles to free itself from this mucky bottom.  The natives have thrown ropes over its head, and on its tusks, and even got one around one leg.  And they now shot arrows and throw spears at this besieged creature.  And yet, it still stands. Loud deep screams emanate from mammoth and should a native get to close, he finds himself impaled on the tusk.  The creature is still full of strength and still believes it can break out of the encirclement.  But time is running.

The breadth and scope of the American economy is still awesome, diverse, and alive.  But it carries many burdens.

Possibly the most dangerous burden is the federal government.  This predator creature has broken out of the restraints of the Constitution and prudent fiscal policy.  This creature knows no bounds.  It literally prints money when it can't tax for it, or borrow it from nations around the world.  It is a creature with endless appetite which continues to devour every dollar it can find.

Organized labor working for the government, is a parasite which consumes constantly. Those who work for government, and their leaders, see government as a spigot where money flows like water.  All you have to do is turn the handle and money flows.

But, there is a threat to both government and organized labor, and that threat is the cost  of health care.  Long past the availability of health care and the development and manufacturing of medicines were at the mercy of the free market.  In the past, the ability for a person to pay had a restraining effect on what physicians, pharmaceuticals, and hospitals could charge.   But, with the creation of government health care, in the form Medicaid, and Medicare and the expansion of health care insurance, the free market restraints collapsed. Customers no longer say no because they cannot afford the product.  So prices rise, and rise and rise with no end in sight.  Making charity a government province unleashed human greed connected to human sympathy and is bankrupting the history’s wealthiest nation.

Government dollars are diverted from government workers to health care.  Business profits are devoured by the cost of maintaining of the premiums of their employee health insurance.  A bottomless pit is created where inflation runs rampant. Health care costs soar.

In the United States, dollars flow out of the nation as a result of globalism.  The government subsidizes corporations moving out of the US, creating jobs in the Third World. American energy resources remain untouched as the government prevents exploration and development.  Dollars rush out of America to purchase foreign goods of all kinds.

A heavy, burdensome, and wasteful infrastructure of colleges and universities force some unfortunate American youth to take on a life time of personal debt.  Dollars are wasted providing useless education which is never applied.  Meanwhile those caring academicians take the money, criticize the nation, do nothing to improve the standard of living for the great mass of American people, and go on retirement financed by the tax payers!

And still, the mammoth stands.

Energy prices rise, funds flow out of the country.  Were our gasoline made from US oil, at least the profits would flow to America where it could be invested, putting Americans to work.  But no, globalism rules the day. Harvard and Yale bred economists, bankers, government officials, and corporate leaders continue to sell out America for a villa in France or some other foreign shore.

But, the deficits which the governments are now piling on may be the final weight which will crush the mammoth. With each year this weight increases.

There is a possible cure;  an America First economic policy.  But do you hear any talk of this? Listen ... do you hear?  Oh, ....silence 

This America First policy should include a renewed appreciation for industry, for the making of products, for blue collar workers.  This new America First policy should include an appreciation for motherhood as the single most important human activity.  It should embrace the traditional family.  It should look to national self-sufficiency in everything, from energy resource exploration and development to food, and the ability to pay for our own debt.  This America First policy should recognize the need to reorganize our society, to reduce the number of colleges and universities. To require college level academicians to hold private sector jobs before teaching, and to limit their years in the classroom.

This America First policy should encourage the use of new technologies to eliminate old technology costs. 

The mammoth can still break out. The roar of its spirit can once again fill America.  But that can’t happen pursuing policies that add burdens, obstacles and challenges.    

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©2011 Mark Vogl, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Tuesday, March 1, 2011
Last modified: Tuesday, March 1, 2011

The views expressed in this article are those of Mark Vogl only and do not represent the views of Nolan Chart, LLC or its affiliates. Mark Vogl is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Posted By: Bill Gee
Date: March 2, 2011   11:26:33 AM

Let me see if I have your vision for America correct.

1) Disband all unions, both public and private. Take their pension funds and use it to build new blue collar factories or to drill for domestic oil reserves and/or build new refineries.
2) Cut all funding to Healthcare. Let those who are healthy live, and those who are not...well, you know.
3) Cut all funding to protecting the environment and researching alternative energy. You want cheap gas, you say there's plenty of oil right here in America, so if we can get those delusional environmentalists out of the way, we can "drill baby, drill".
4) Close all Colleges and Universities and replace them with blue collar vocational schools. Teachers will be selected from the working class in order to teach our children the "practical" skills they need to build a strong manufacturing state.

Joseph Stalin would be proud.

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