November 10, 2008 at 2:24 PM
This is a blog so I have no intention of being comprehensive. I think that the economy and politics are un-ignorable parts of our lives. We'll all be asking one or more of the following questions. Teachers: will family incomes will allow families to afford private lessons for their children. Professionals: will audiences and donors will allow their performing organization to survive and thrive. Is my pensions safe.
Others will wonder if health care for their families will be available and whether it will be quality health care. Owners of fine instruments will be wondering about the appreciation of their instruments and the how taxes will affect their income from the sale of an instrument. And on it goes.
My intention isn't to post a lot of my own thoughts on economic and political subjects that affect us as musicians or other interested parties. Rather I just want to post some pertinent links from time to time that represent points of view that may not otherwise be seen.
Here is a first. A year ago the party that controlled congress demanded pay as you go. They were abhorring deficits and demanded tax increases to cover deficits. Here is where they are today.
An interesting article. TWTTIN - That was then, this is now. You may have noticed that in the last several months, the economy suffered a meltdown. Pay-go now is the recipe for exacerbating that meltdown and, for those of us who did not live through the 1930s, seeing what that was like.
TWTTIN Very good. Any flip flop can be rationalized by saying TWTTIN.
Hope and Change
Corwin - you may call it a rationalization, but when all or the economists I have seen discourse on the subject, from very conservative to very liberal, agree that deficit spending is needed and fast to help get us out of the crisis, I think TWTTIN has some credibility (On Monday on NPR, Jim Lehrer interviewed McCain advisor Martin Feldstein and liberal Alan Blinder who agreed).
Corwin, why do you keep repeating the phrase "Hope and Change" that way at the bottom of your postings to this site? Is it a signature, or what is it?
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