For the publisher: Jonah Goldberg says multibillion-dollar government spending may be “defensible” in responding to unexpected and disastrous events, such as a pandemic. He also notes the enormous costs of the 2008 financial crisis and “two decades of military conflict” and tacitly accepts the legitimacy of these expenditures.
However, the concern of Goldberg and his Conservative colleagues about the federal debt is suddenly aroused when it comes to programs aimed at improving the lives of Americans. For them, spending about $ 7 trillion over 10 years in the military is fine, but $ 3.5 trillion on President Biden’s’ Build Back Better ‘plan is unreasonable, because’ we are broke ”.
Biden’s plan would reduce the costs of childcare, education and health care, among others. It would also be a welcome start to tackling climate change, which our defense establishment recognizes as our greatest security concern.
As to how to pay it, the president’s plan would change the tax code so that businesses and billionaires pay their fair share. Why should we stop spending when we can actually fund long overdue public needs?
Grace Bertalot, Anaheim
For the publisher: Not all expenses are created equal, especially when they are funded. It is time to understand the simple fact that in government, as in business, expenses can be classified as overheads or as investments. Capital spending is profitable and low interest rates make borrowing for capital spending more attractive.
When we think about what infrastructure bill to support, we need to think about the share of the investment, the real return and when to invest.
If our country is to be a place of freedom, prosperity and happiness, we must think of politics more as a steering wheel than a permanent direction. There are only two real political concerns: capital or business, and society or humanity.
The real solutions for our country are to balance interests, not to hold the wheel in one direction, to keep going in circles, to repeat over and over again the mistakes of the past.
The problem is not the expenses. The problem is not to understand the investment. The solution is to free ourselves from the thought of ideologues.
We should all be progressives in striving to make tomorrow a better day than today. We should all be conservative knowing that effective, non-disruptive change is likely to be thoughtful, often slow. We should all be wary of those who use ideology to blind us to their evil uses of power.
William Collier, Ponce de Leon, Florida.