Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Friday, January 23, 2009
Rich Tucker :: Townhall.com Columnist
Iceberg Economics
by Rich Tucker
Vote on It:
Average Vote:
[+] Text [-]
 
Poll
Was the Copenhagen Global Warming Summit Walk-Out a Win for the U.S.?


It’s possible that, after he plowed his ship into an iceberg, Captain Edward John Smith of the RMS Titanic paused to worry if he’d remembered to unplug the coffee maker. But it’s not likely.

Smith, after all, had real problems. His ship was sinking, and that probably absorbed most of his energy.

Many would say the American economy has also hit an iceberg. It’s purportedly sinking under a mountain of bad debts and soaring unemployment. As a new president takes charge, one would expect him to focus exclusively on righting the ship.

Not quite. Oh sure, Barack Obama mentioned the economy in his inaugural address, and sure, he intends to spend hundreds of billions, maybe even a trillion dollars, to “stimulate” it. But the new president’s mind seemed to be elsewhere. He apparently wanted to focus on bigger, longer-term problems.

“Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age,” Obama announced. Sounds as if he -- or at least his speechwriter -- has been reading Andrew Bacevich.

In his new book “The Limits of Power: The End of American Exceptionalism,” Bacevich takes Americans to task for our lifestyle choices. The author is a professor at Boston University and a retired Army colonel, and the book aims to explain America’s foreign policy failures in recent decades.

Bacevich points the finger at domestic economics. Our desire to buy bigger things, better things and ever-more things, he writes, is bringing the country to ruin. It forces us to borrow (from China) trillions of dollars we might never be able to pay back and to be involved militarily in a region (the Middle East) we’d be better off avoiding.

There’s a case to be made here. Most Americans could stand to lose a few pounds around the waistline and a few pounds of electronic gadgets around the house.

Bacevich’s proposed solution, however, seems less sweeping than his stated problem. To save itself, he writes, the U.S. should focus on twin goals: getting rid of nuclear weapons and battling global warming.

But how is getting rid of nuclear weapons going to help? It’s difficult to see how junking the U.S.’s remaining 6,000 or so warheads (down from 23,000 at the height of the Cold War) is going to convince people to stop buying iPods and sneakers that are made in China.

As for global warming, well, like Captain Smith’s coffeemaker, it’s the sort of issue we worry about when things are going well, but have little need to be concerned with if things are going poorly. The sinking of the Titanic was going to eliminate any damage a melting coffee pot might cause. And the sinking of our economy is doing the same thing with the supposed causes of global warming.

Look no further than gas prices. Over the summer fuel cost $4.50 per gallon, and it looked as if prices would never stop soaring. Today you can fill up for $1.85. That’s because gas prices are driven by the law of supply and demand. Today’s recession has slashed consumption and, thus, prices.

Of course, as consumption of gasoline has dropped, so has the emission of the CO2 that supposedly warms our atmosphere. So if global warming is indeed a problem, a recession should be just what the doctor ordered. And the longer and deeper the recession is, the better. That would be a Bacevich-style solution, a lifestyle change that would end up improving conditions in the U.S.

Obama may have read the book, but apparently failed to digest the message. “With old friends and former foes, we will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet,” he announced in his inaugural. Still, (wisely) he backed away from the bigger message. “We will not apologize for our way of life, nor will we waver in its defense,” Obama added.

That’s what the economic “stimulus” package is about: Getting our economy growing again. No, the stimulus plan that lawmakers are considering certainly isn’t the best way to do that. But politicians of all stripes agree that getting the economy growing again is critical.

Our country has a serious problem, and it’s time to set the pieties of environmental activists aside. That’s why our new president favors economic growth -- even it that ends up generating more CO2.

Share:
Vote on It:
Average Vote:
 
About The Author

Rich Tucker is an editor in Washington D.C. and a columnist for Townhall.com.

Be the first to read Rich Tucker's column. Sign up today and receive Townhall.com delivered each morning to your inbox.< Sign up today!

Dumbed down to be a Prof
What an idiot Bacevich must be. It is hard to believe he is retired military, they usually do much better. He must have had to dumb himself down to get a job as professor. If he was worring about our nuclear weapons and our carbon dioxide while drawing pay in the Army, he was not earning his pay. It is at least understandable that some people would worry about nuclear weapons, even our own, but no one needs to worry about our carbon dioxide emissions. That is entirely voluntary. It is also entirely silly, except for the lawmakers who intend to waste our money, endanger our security and excommunicate the scientist again.

Rich
Your article would get most true professionals fired. But,we all know, you're not a real professional. Going green is the new economic frontier or at least a part of it anyway. The "crisis", that you "Dumb Americans" continue to assail, is an opportunity to correct past economic failures. The future is so bright for America and it's people. Now if we could just get rid of the "Fools". Any suggestions Mr. Tucker?

Lets see
Since 1998 the U.S. has been getting cooler every year. In fact, 2008 ranked number 58 in terms of temperature. Yet we are led to believe that CO2 emissions increase global warming and CO2 has increased every year since 1998. What is wrong with this picture?

My data comes from NASA.
1998 was only 0.1 degrees above average.

Has NASA called Al Gore yet?
Also try garagetv.com and look for "The Global Warming Swindle". It's about an hour and 15 minutes, but well worth it.

You know what I call "global warming".

Summer time!

You know what I call "global climate change".

Nature!

killer
You wrote: "The "crisis", that you "Dumb Americans" continue to assail, is an opportunity to correct past economic failures."

And you suggest what? Making a correction that will bankrupt American industry?

And for what reason? Faulty science? Because a non-scientist former Vice-President made a movie? Because each month we hear of more scientists calling man-made climate change bunk? Because the new President made a nice speech?

Icebergs

9/10's under water.

Economy under Obama, 20/10's under bovine excretment.

Good times come and go, bad times always return.

Especially if politicians can use them to gain more votes or power.

.................
Obama is in no hurry to help the economy recover, which he's made perfectly clear. Obama said as much when he stated that he didn't have a problem with excessively high gas prices, he just it wished it happened more gradually. In CA some years back or far left legislature was caught, by a live mic, in a closed door session saying they hoped the CA economy would worsen so they could take advantage politically. How could they possibly gain politically when they're the ones in charge? Because our citizenry here is plain stupid. Keep in mind CA public schools have a dropout rate of 60%. Yes, 60% but I digress.

Obama plans on spending our tax dollars incrementally thus making this whole charade of stimulus unattainable from the get go. The economy will worsen and once it does the democrats will begin nationalizing healthcare and implementing far left wing socialist policies. Obama has already shown us that his first priorities as president were to appease the the bedwetting European quislings and islamists worldwide, and cater to the abortion industry by funding abortions, with our tax dollars, around the globe. Our concerns are at the bottom of his to do list.

.................
It's frightening that Paul Krugman, an economic idiot, has obama's mickey mouse ear. I found a website a while back that was kickin' in Krugman's teeth on a daily basis. It's a good read........

http://www.poorandstupid.com/chronicle.asp

Satan
If your economy info is as accurate as your school dropout rate info, you might not want to pretend that you can give anyone any advice or take shots at economists.

You are simply incorrect when you say that CA's dropout rate is 60%. Yes, you did digress and yes, you are incorrect.

Satan
Also, that website where you seem to get your info (aptly named I might say) is run by Donald Luskin.

Luskin is such an economic wizard that both the "Yale Book of Quotations" and Foreign Policy" magazine had Luskin's early Sept. 2008 editorial in the Washington Post on our economy on their WORST PREDICTIONS OF 2008 lists. Why would you follow the thinking of such a goober?

.................
tom, you know as much about our public schools as you do about the Israeli/Arab conflict.

“Just 44 percent of Los Angeles Unified students receive a high school diploma, making the 727,000-student district's graduation rate among the lowest of large urban school districts, a national study released Tuesday found.

Published by the nonpartisan publication Education Week with support from the Bill and Melinda Gates Foundation, the study adds more evidence to support claims that the district's graduation rate is at or below 50 percent.”

http://tinyurl.com/cyhqxw

Satan, you are wrong
"In 2006-07, 67.6 percent of public school students in California graduated, the adjusted four-year derived dropout rate is 24.2 percent, and 8.2 percent completed or withdrew from school and are considered neither dropouts nor graduates, such as students who transferred to a private school, left the state, or earned a General Educational Development (GED®) High School Equivalency Certificate."

Release: #08-94
California Dept. of Education
July 16, 2008Contact: Tina Jung
E-mail: communications@cde.ca.gov
Phone: 916-319-0818

BTW SATAN
Why did you post that CA's dropout rate was "60%" "yes, 60%" and then list a source that indicates 50% at most?




And SATAN
Since you brought up Israel...are you the goof who could not even get the correct info on how many Americans Israel killed and maimed when they attacked the USS Liberty?

SATAN
Um...did you happen to look at the year of the report you quoted?

Or that directly below in the very same article it said:

"District officials have repeatedly questioned the studies and say the GRADUATION rate is closer to 64 percent.

The study, which looked at U.S. Department of Education graduation rates for the 2002-03 school year, found California's GRADUATION rate to be about 71 percent, slightly better than the nationwide average."

Or SATAN, do you get a tad confused by "graduation rate" and "dropout rate" in your eagerness to type?

Oh Satan, Satan and another thing Satan
Look here Satan, I've just pulled more "facts" from my own rectum,Satan! How 'bout that Satan? What do you think Satan? Huh Satan, huh Satan, huh!?!...

(this post will be under temporary reconstruction while "tom Location WI" has a new bidet installed...Seems he ran out of TP while posting and decided that was the best way to go...)

2spitpot
Taking a chance that you might be an adult, please indicate ANYTHING that I have posted that is not true and factual?

BTW, if I need to dumb that down so that you can better understand...please advise.

2spot whatever
You are redundant, shrill , and make no sense at all. None. Get help asap.

Killer
Many of the people I work with (around, really) are more concerned with getting something for nothing, satisfying all kinds of appetites, and enjoying the support and comfort they are entitled to while doing so (no matter who is sacrificed). Meanwhile in NJ, businesses of all sorts are leaving or bankrupt, homes of hardworking people are being lost (due to confiscatory taxation), and lives of the productive are being destroyed. Only a brownshirt would consider this part of a "bright future".
You fit one of these profiles:

* You hold a taxpayer supported job (school, other gov't).

* You are a young person who has not yet supported him/her self, or has the support of financially secure parents.

* You are one of those detestable women who are supported by a man, but imagine yourself to be independent and go about spouting cheap virtue that costs you nothing.

At any rate, you have never been a social worker and haven't the slightest clue about the amount of effort and dollars invested in the greater good over the past 40 or so years. Neither has Obama, so you share that attribute.

I have many suggestions (based upon years of practical experience) of how to rid us of "fools"- where would you like me to start?

oldsocilaworker
Like you, I have been around for a long, long time. I went to work in a factory at 17 and thru mostly good luck and good timing (and a small amount of my own doing) I was able to have a great career. I raised 6 kids and after retiring was able to travel the world doing consulting jobs for my former employer.

But I'm guessing that I might have a totally different view than you of what went wrong in our nation per our social situation and employment/compensation.

But do give me your take on it?

BTW, in my view...I share in part of the blame for what I believe to have happened.

economic theory
What is Bob Avakian's New Synthesis?

Obama is not even the FIRST ....
NON-Natural Born Citizen sworn in as POTUS.

That honor goes to Chester Arthur.

See:

http://naturalborncitizen.wordpress.com/

For Details.

USPatriot56


USPatriot56 Posts...
Location: IL
Reply # 16
Date: Jan 24, 2009 - 10:20 AM EST
" Obama is not even the FIRST ....
NON-Natural Born Citizen sworn in as POTUS.

That honor goes to Chester Arthur.

See:

http://naturalborncitizen.wordpress.com/

For Details. "

~~~

I have seen this same exact post on several columns.

I even visited the site you posted out of bored curiosity.

As a student of history, on my own time, I suspected that were there any truth to this claim, I would have heard of it years ago.

I was, of course, disappointed.


The site had a constant BLACK background, with letters in red and blue, and perhaps other colors as well, and some in white.


It was, of course, unreadable. A site designed by idiots. Therefore, I concluded that if the site was designed by idiots, the commentary MUST be idiotic as well.


If you would have any credibility, please post the pertinent expository evidence to support your claim.


Otherwise, please join the other trolls at the bottom of the Kindergarten Class.


Rich...
Rich Tucker posits...

" It’s possible that, after he plowed his ship into an iceberg, Captain Edward John Smith of the RMS Titanic paused to worry if he’d remembered to unplug the coffee maker. But it’s not likely.

Smith, after all, had real problems. His ship was sinking, and that probably absorbed most of his energy.

Many would say the American economy has also hit an iceberg. It’s purportedly sinking under a mountain of bad debts and soaring unemployment. As a new president takes charge, one would expect him to focus exclusively on righting the ship. "

~~~
Rich,

I think this is an excellent analogy.

The U.S.S America is sinking, Having hit the Gigantic Iceberg of fiscal irresponsibility, so Cap'n obama floods the fiscal bilges to save her.

Yes, the former Cap'n Bush was doing the same thing, but he was removed by a mutiny.

I am puzzled that the new Cap'n doing the same thing as the old, is not now removed in a new mutiny?

Geeze! Is it only charisma ?



Thanks, Al
Al Gore deserves our sincere gratitude and another Nobel prize. He not only attacked global warming; he defeated it. Our planet is cooling again due solely to his tireless efforts. At least, we no longer have to make the evil rich pay their fair share of removing the SUVs from Mars. Somehow, Al's efforts here have resulted in that planet starting to cool again too.

RatMan
Cap'n Obama? I'd feel safer if our country were led by Cap'n Crunch.

reply to Ken
Cleraly you're one of those conservatives who just can't imagine that someone could be retired military and say anything you might disagree with. Bacevich served in Vietnam and the Persian Gulf, among other posts, received a PhD in diplomatic history from Princeton, and has taught at West Point. Obviously prime traitor material, this guy.

Bacevich also lost a son in Iraq in 2007--clearly a very unpatriotic thing to do. Bacevich is a Catholic and has even called himself a "Catholic conservative."

Unlike Bush-style 'conservatives,' Bacevich thinks that the US cannot be master of the world, and can't even bring democracy to all peoples. Unlike your sort of conservative, Bacevich thinks that maybe, just maybe, unending material gain is not the most important value in human life. There was once a time when most conservatives were very skeptical about the American belief that we have a God-given right to pile up as many possessions as humanly possible, that the guy who dies with the most toys wins. Today's conservatives have forgotten this idea to the point where they now misidentify its advocacy with the idiotic and the Left, as you did.

the demo-rats are looking for icebergs!
capt john smith did not want to hit the ice berg,the demo-rats are running into them on purpose!they laugh every time we take on more water!

Diamond Z
Umm....exactly who has been the captain while we were "hitting all the icebergs" over the past 8 years?
Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.