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America's Time For Decision and Definition
Townhall.com ^ | November 14, 2011 | Star Parker

Posted on 11/14/2011 6:28:14 AM PST by Kaslin

The Wall Street Journal calls the economic implosion now taking place in Europe “a crisis of the welfare state.”

The latest European nation to hit the wall is Italy, where national debt is 120 percent of GDP. That is, for every dollar their national economy produces, they owe $1.20.

The Journal calls this a crisis of the welfare state because this Italian national debt well in excess of the ability of Italians to pay for these obligations is the direct result of excessive government spending.

When the Republican presidential candidates were asked in the most recent debate if the United States should help bail out these bankrupt European nations, the consensus response was “no.”

This, I believe, is the correct answer for two very basic reasons.

First, the way to deal with irresponsible behavior is not to find new ways to finance it but to demand responsible behavior.

And second, we are on the same path here and we need to wake up.

Over the last five short years, our national debt as a percentage of our GDP has doubled to about 70 percent, where it stands today.

Projections show that, continuing on the path that we’re currently on, in a little over ten years, our national debt as a percentage of our total economic output will be exactly where Italy is today.

We’ve simply got to change and the big question is if we’re up to the task.

This is really the central issue of our time and what will define the 2012 presidential election.

We’ve got one view of the world in which government takes on a life of its own and takes responsibility for the care and feeding of the nation’s citizens. This is the European view, shared by our current president and Democrat leaders.

The alternative view is that freedom and responsibility begins with individuals. Free and autonomous citizens direct their own lives, create wealth and employment, and finance government to provide protection, domestically and internationally.

The machinations going on now with the so-called congressional “Supercommittee” are essentially a coming attraction – a sneak preview if you prefer – of next year’s election.

These 12 members of Congress – 6 from the Senate and 6 from the House – are charged with coming up with a plan for $1.5 trillion in deficit reduction by November 23. If they don’t, $1.2 trillion in automatic cuts will be triggered, divided between defense and domestic spending.

Let’s recall that this is the result of Republicans earlier this year refusing to automatically sign off on an increase in the authorized debt ceiling for the nation.

Runaway spending and debt does not seem to faze Democrats. It is Republicans – specifically the young Tea Party Republicans in the House - who drew a line in the sand and why we’re being forced to deal with this issue.

Now, not surprisingly, the “Supercommittee” is at an impasse. Democrats want to raise taxes. Republicans want to cut spending.

The nation as a whole is becoming increasingly and more deeply divided, with Democrats moving further to the left and Republicans moving further to the right.

Some would have us believe that compromise is what has always defined our political process. But compromise works only between parties that are essentially on the same page to begin with.

When what we’re dealing with are fundamentally, irreconcilably different views of the world, resolution is what is needed, not compromise.

This is a time for decision and definition. Not a time for splitting the baby.

Are we going to continue in the direction of materialism and bureaucracy and share the fate of Europe?

Or will we make the tough decisions to get back on the path of prosperity, the path of faith and individual freedom?


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: italy; nationaldebt; supercommittee; welfarestate

1 posted on 11/14/2011 6:28:16 AM PST by Kaslin
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To: Kaslin

bump


2 posted on 11/14/2011 7:15:30 AM PST by Christian4Bush (PSA. As of 11/14/11, 358/433 days 'til we vote out/take out the trash. (11/6/12, 1/20/13))
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To: Kaslin
Thank you!

Star's concise summary deserves the widest possible distribution.

In 1776, our ancestors were faced with a similar choice between pursuit of Creator-endowed individual rights, liberty, opportunity, prosperity and plenty through a "we, the People's" constitutionally-limited form of self-government or,

Old World ideas of government-over-people oppression by a ruling political elite who would preside over, collect and 'redistribute' the people's earnings, thereby destroying individual liberty and opportunity and creating a form of slavery to government.

For the next 200 years, hundreds of millions fled the Old World to enjoy the "blessings of liberty" in America!

Now, wolves in sheep's clothing, calling themselves "progressives," attempt to lure new generations of Americans back into the old "government-over-people" idea under the guise of "taking care" of them.

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people undeer the pretense of taking care of them." - Thomas Jefferson

In 1859, Abraham Lincoln made the following assertions:

"Letter to Henry L. Pierce and Others:

Springfield, Ills, April 6, 1859

". . . it is now no child's play to save the principles of Jefferson from total overthrow in this nation.
". . . One would start with great confidence that he could convince any sane child that the simpler propositions of Euclid are true; but, nevertheless, he would fail, utterly, with one who should deny the definitions and axioms. The principles of Jefferson are the definitions and axioms of free society.
And yet they are denied and evaded, with no small show of success.
. . . . These expressions, differing in form, are identical in object and effect--the supplanting the principles of free government, and restoring those of classification, caste, and legitimacy. They would delight a convocation of crowned heads, plotting against the people. They are the van-guard--the miners, and sappers--of returning despotism.
We must repulse them, or they will subjugate us.
This is a world of compensations; and he who would be no slave, must consent to have no slave. Those who deny freedom to others, deserve it not for themselves; and, under a just God, can not long retain it.
All honor to Jefferson--to the man who, in the concrete pressure of a struggle for national independence by a single people, had the coolness, forecast, and capacity to introduce into a merely revolutionary document, an abstract truth, applicable to all men and all times, and so to embalm it there, that to-day, and in all coming days, it shall be a rebuke and a stumbling-block to the very harbingers of re-appearing tyranny and oppression."
Your obedient Servant
A. Lincoln--"

Source for this reproduction of the letter is

3 posted on 11/14/2011 9:57:43 AM PST by loveliberty2
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