The Commercial-News, Danville, IL

Letters to the Editor

February 3, 2013

Where do we go next?

DANVILLE — Editor:

Our country is engaged in an epochal struggle for its future. Day-by-day reporting of political maneuvering easily distracts us from the big picture.

Here’s what I see: The only real way to begin turning around our deepening, collective financial disaster is to grow our economy better. This has many snowballing benefits, including: more jobs, resulting in greater tax revenues even at the now Obama/Bush rates; and reduced social welfare payments, resulting in moderately lower government spending.

It doesn’t, however, address the looming long-term entitlement train wrecks in Medicaid, Medicare and Social Security, which President Obama and his Democratic Party refuse to reform, nor does it address the increasing squeeze on our national medical delivery system which ObamaCare will cause, despite happy talk to the contrary.

So, huge areas of critical concern remain, but significantly improved GDP growth rates will at least provide the foundation allowing the country to begin the turnaround process. The central question, then, is how the economy can be grown most effectively and quickly.

Two basic approaches exist: ever more government spending and presence throughout our economy; or returning to reliance on the "animal spirits" of entrepreneurial capitalism in the private sector.

The last three decades provide us with actual case study data illustrating and contrasting the efficacy of each approach. Objective examination of this recent experience points clearly to the better choice. Which of these basic alternatives dominates going forward will determine the fate of the America we know but are now rapidly losing.

Lynn McLinden

Danville

1
Text Only
Letters to the Editor
  • Life spent helping others Life spent helping others Editor: For more than 50 years, on the first Sunday in March, they came from as far away as California, New York, Detroit, Dallas, the state of Florida and all throughout the Midwest to witness the glitz, glamour and fashion

    April 23, 2014

  • Wrong time for minimum wage hike Wrong time for minimum wage hike Supporters of raising minimum wage, despite good intentions, do not end up helping the ones who need it the most. An example would be a single mother of one child faces a marginal tax rate of 91 percent when her pay

    April 22, 2014

  • Son does well at Liberty

    Editor: My son, Nathaniel, attends school at Liberty Elementary School.

    April 20, 2014

  • Races charge too much Editor: Runners and walkers must beware this summer. Some 5K (3.1 mile) fundraising events will again be way overcharging. Most are put on for good causes, but it’s not a good cause to overcharge people for something they sweat for.

    April 20, 2014

  • Fight the proposed coal mine Fight the proposed coal mine Editor: In a single issue of St. Joseph's The Leader, dated March 5, one can find four events listed that testify to our love of the natural world: a bird walk, a lecture on freshwater mussels, a pre-K event at Homer Lake

    April 18, 2014

  • Searching for answers Searching for answers Editor: I'm certainly not saying the city's firefighters don't need or deserve an increase of funds, but I would like to better understand why. Why do they feel they need more personnel than the national average of 1.04 per 1000

    April 17, 2014

  • Advocate will be missed Editor: We at Community Blood Services of Illinois are saddened by the recent death of Patricia Black, a wonderful and dedicated employee who was known to a generation of local blood donors. Pat was a tireless advocate for the Danville Elks Blood Ban

    April 16, 2014

  • Social workers earn praise Editor: March was National Social Work month. The 2014 theme was "All People Matter." I personally want to say "thank you" to the social workers. I am a registered nurse and have worked in many different health care settings from acute hospital care

    April 13, 2014

  • Neighborhood going downhill Editor: Home owners and the few good rentals of southeast Danville are concerned about Fair Oaks in their neighborhood. Well, wake up people. Unless you have been in a coma or frozen for the past five years or more, these kinds of people and many wor

    April 13, 2014

  • Submit Your Letter!

    March 26, 2010

E-edition
AP Video
US Proposes Pay-for-priority Internet Standards Wife Mourns Chicago Doctor Killed in Afghanistan FDA Proposes Regulations on E-cigarettes Kerry Warns Russia of Expensive New Sanctions Mideast Peace Talks Stall on Hamas Deal Cody Walker Remembers His Late Brother Paul Grieving South Korea Puts Up Yellow Ribbons Raw: Kerry Brings His Dog to Work Raw: Girls Survive Car Crash Into Their Bedroom Three U.S. Doctors Killed by Afghan Security Yankees' Pineda Suspended 10 Games for Pine Tar Colleagues Mourn Death of Doctors in Afghanistan Ukraine Launches Operation Against Insurgents Obama Reassures Japan on China Raw: Car Crashes Into San Antonio Pool Time Magazine Announces Top Influencers List Raw: Angry Relatives Confront SKorea Officials Bigger Riders Means Bigger Horses Out West Yankees Pineda Ejected for Pine Tar Deadly Fungus Killing Bats, Spreading in US
NDN Video
Grumpy Cat Not Impressed at "Idol" Is Shaquille O'Neal the World's Best Ex-Athlete? Raw: Obama Plays Soccer With Japanese Robot Behind The Tanlines Jersey Strong Part 2 BASE Jumpers Set World Record Screaming 2-year-old gets psyched at Penguins game Pineda: Put pine tar because he didn't want to hit anyone Beyonce on Her Biggest Influence Michael Strahan's First Day on "GMA" Clerk catches on fire after man throws Molotov Cocktail into Brooklyn store Amazon's Deal With HBO Leapfrogs Streaming Rivals Stephen Colbert Tells David Letterman His Plan for 'Late Show' Georgetown police officer filmed tripping students Viral: It's Not Pitbull - It's Amy Poehler! Recycling Highlights for Earth Day Lupita Nyong'o Named People's 'Most Beautiful' Peeps Launched into Outer Space NYPD's Twitter Request For Photos Backfires New HBO Go Commercials Capture Awkward Family TV Watching Raw: Leopard Bites Man in India
Must Read