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Not enough money to go around

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Posted: Saturday, September 3, 2011 3:00 pm | Updated: 11:32 am, Sun Feb 12, 2012.

From the Desk of Jon Beydler

Tuesday, August 23, 2011

"Debt, Wars & Jobs"

Tax cuts for the rich. Don't mess with social security. Cut Federal spending. Extend unemployment benefits. Let's go to Mars. Bring the troops home. This constant roar of words has got me to thinking. Maybe we're missing something here. Are we not simply fighting over the same money? The problem may be that we simply don't have enough money to go around.

Think about it. If I increase my personal productivity this month and make a bunch more money doesn't than mean that someone else made less? In fact, my deposit equals someone else's expense. Simply printing more money doesn't solve the problem. It simply devalues the existing money in circulation. What we need is real growth.

It appears to me that the source of our economic woes are found in the exportation of our money out of this country. Interest on our debt. Endless Wars and the exportation of American Jobs. We owe trillions of dollars to China, Japan, Germany, etc. and write checks for hundreds of millions in interest each year. We have spent close to $2 trillion dollars on the wars in Iraq and Afghanistan since 2003. Millions of American jobs have been exported overseas in order to help American corporations compete in the global economy and American consumers afford to purchase goods that used to be manufactured in the good old USA!

It may be important to put the number "Trillion" into perspective. The US economy produces approximately $14 trillion dollars of goods and services each year. China is a distant second at $4 trillion. The economies of China, Japan and Germany combined still don't equal the United States. OK...so we're still the 800 pound gorilla in the room but maybe not for long when we owe foreign countries close to $14 trillion and growing in debt and have been spending close to $250 billion each year since 2003 on endless wars not to mention the billions upon billions of dollars in lost wages from American jobs that have been exported overseas. Do you realize that it would take every single dollar produced in this country over an entire year from every single working American to retire the national debt? It's a big problem and very big number.

So what's the answer? I've never been accused of not thinking big so here goes. Yes America, we need to require the Federal Government to live within their means and present to the American people a balanced budget each year EXCEPT in the event of war or natural disaster. If the States must live within their means, so must the Federal Government. The United States must quit meddling in the affairs of other countries. The endless wars must stop. Foreign aid to countries who are openly hostile to us or overtly do not support our democratic values must be cut off. What's the point? Witness the Middle East. Will these newly freed societies support our values knowing that we sent hundreds of millions of dollars over the past 50 years to support their recently disposed dictatorial regimes? Finally, we must place tariff's on those goods and services that are produced by American-owned companies and imported back into the U.S. This will make them non-competitive and kill the incentive to export America jobs to non-American countries.

We must stop acting like a pack of uncivilized dogs fighting over a smaller piece of meat and take ownership to the real problem...debt, war and the exportation of jobs. We must stop the flow of money out of our country in order to create real growth at home.

C Jon Beydler is a 33-year Valley resident and the former mayor of Fountain Hills. He lives in south Chandler. om

 

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