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Friday, January 09, 2009
Kathleen Parker :: Townhall.com Columnist
Is It Miller Time?
by Kathleen Parker
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With unemployment at 10.2%, what will happen by the end of Obama's first term?



WASHINGTON -- Matt Miller gives me a headache.

If his name doesn't ring a bell, wait until his new book, "The Tyranny of Dead Ideas," gains traction in the national debate about how to fix The Current Mess.

Miller's diagnosis of what ails us is grim but optimistic. (You have to learn to think paradoxically.) And his prescription for a cure is painful because it requires something most humans resist: Change the way we think.

Before we can fix the economy, health care, Social Security, education and other problems, we have to rethink some of our most sacrosanct premises.

Here's a paradoxical thought to get you started: We have to increase taxes and federal programs to save the capitalist system.

I know, I know. But don't dismiss Miller without hearing him out. He has some compelling ideas that, though they seem at first counterintuitive, are ultimately reasonable. It is first necessary to suppress the instinct to remain comfortable in the familiar and to calm the knee that aches to jerk.

Miller -- a journalist (Fortune columnist and host of the radio show "Left, Right & Center,"), Democrat and former economic aide in the Office of Management and Budget under Bill Clinton -- has singled out six second-nature, but dead, ideas about how a modern economy ought to look.

If not corrected, he argues, our very economic model could be threatened as other nations lose faith in capitalism's ability to improve the lives of everyday people.

The dead ideas are that: our children will earn more than we do; free trade is "good" no matter how many people it hurts; employers should play a central role in the provision of health coverage; taxes hurt the economy; "local control" of schools is essential; people tend to end up, in economic terms, where they deserve to.

Is this man insane? More government? More taxes?

With a few tweaks here and there, Miller's dead ideas sound an awful lot like core American principles. (Exceptions: Even some hardened free-marketers will acknowledge the X factor of "luck," a subject Miller explored in his previous book, "The Two-Percent Solution.")

But he's got a point. In fact, he's got several.

The world has changed in significant ways and our old formulas simply no longer work. We once thought, for instance, that financial markets can regulate themselves. Whup. The disasters of 2008 proved that assumption false. If only we had noticed it sooner. Did dead ideas block our vision? Continued...

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About The Author
Kathleen Parker is a syndicated columnist with the Washington Post Writers Group.
 
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They can sue and win
because government regulation gives them perfect cover. Its never the corporation fault because they are protected by just saying it is covered by the government regulation. Lower income people have use protection now because of government regulation protecting the corporation.

History shows that the how it was handled in the 19th century provided better protection for low income people that the modern day method of government regulation.

Richard
But an individual can still sue any company they feel has treated them wrong. You also have to keep in mind that not everyone can afford the legal representation necessary to sue a large corporation who will have the resources to drag the court battle on for years. Your idea will prevent people in the lower income brackets from having a chance to recover damages.
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