3 Responses to A Deliberative ‘Carpe Diem’ Moment

  1. Pingback: From Craig Paterson – A Deliberative ‘Carpe Diem’ Moment « National Issues Forums Institute's Blog

  2. Clay Berling says:

    There are two tracks to consider for the current situation. The one is immediate and that was the debt ceiling and now followed by the ability to reduce it. I read a great deal of vitriol on the part of liberals that Obama somehow didn’t make it come out better, that he didn’t use his “bully pulpit.” A bully pulpit is only useful with reasonable people willing to listen to reasonable argument. Because the Liberal establishment stayed home in droves in the 2010 election they allowed a more right wing leadership to overcome any bullying that Obama might do. The result we have started in 2010. The president has little power, bullying or otherwise, to overcome this disparity.

    The second track goes much deeper. These swings in political favor, highs and lows of the economy, are not new, but occur in an approximate 18 year cycle. To see it one has to follow the housing crises which reoccur just about every 18 years, plus or minus based on other major factors like a war. Tied to this is our taxing philosophy which is based on taxing productivity rather than privileges. The right wing has a case in that taxing productivity (work, sales, true investment, manufacturing, building improvements – to mention a few) do in fact reduce spending capacity and also jobs. At the same time, the left wing is also right in stating that we have a “social contract” with our fellow citizens who are aged, ill, uneducated, on the low end of the economic spectrum, etc.

    There is a potential revenue stream which is virtually untapped and which can help both sides: tax location values, not improvements, salaries, etc. Location values are derived from what the community does, not the individual, and this value increase from community investment, in our current system, goes into the pockets of those who have been given the privilege of having locations by the community. Those increase, if taxed, would pay for the bonds that created the improvements, the need for service, health care and everything else, while giving more buying power to the average citizen. As a matter of fact, that was essentially where our nation started until the privileged and “land lords” sold the uneducated on a “better way.” Property taxes on land (location values) was the original. California was in the top 5 of the USA until 1978 when they passed Prop. 13, and now we’re in the bottom 5. Apartment house owners Jarvis and Gann simply repeated the olde land lords.

  3. Thanks, Clay…these are some very insightful comments. You’ve provided some good food-for-thought on the myriad of ideas available to deal with our debt dilemmas.

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