Dec. 6, 2013
Dec. 2, 2013
Rabbi Moshe Grylak: Attack on Chanukah's scholar-warriors an affront to all people of faith
U.S. boxes in Israel, not Iran: Surrender in Geneva
Jewz in the Newz by Nate Bloom
: Vanessa Bayer & Jacob, the Bar Mitzvah Boy; Adam Levine, nickname "the Bear Jew," is People's Sexiest; Eastwoods Need to Say "Kinehora!"
The Kosher Gourmet by Kim Ode:
Fried and gone to heaven: Dense, fried Slovenian doughnut-like rolls, krofi, on Chanukah is a treat you'll want to eat all year long
: Tracking babies' eyes, scientists find signs of autism in 2-month-olds
Jewz in the Newz by Nate Bloom
: Hunger Games: Jewish Connections; A 'Minyan'of Jewish Celebs Recite the Gettysburg Address On-line; Walter Matthau's Reaction to JFK's Death
Nancy A. Youssef :
Christians too afraid to complain as treatment in new 'democracy' worsens
Jewz in the Newz by Nate Bloom
: Jewish MLB managers; Past and Present; Movie News and Dancing W/the Stars Shocker; Paula Abdul's Israeli bat mitzvah and bio facts rarely reported
Jewish World Review
Aug 22, 2012 / 5 Elul, 5772
Obama leadership: Romney's returns trump road to recovery
If it's minor, if it's petty, if it's nothing at all to worry about, President Barack Obama is concerned, focused and ready to speak out loud and clear, as on the question of Mitt Romney's tax returns. We've got to have them, going way back and then some, for how, after all, is the nation otherwise going to survive?
The Obama campaign has treated this issue as if it is bigger than just about anything else out there, and the president himself said in a press conference that the hullabaloo was perfectly legit even as he dodges and weaves on something that some of us think maybe matters more: his plans to address the debt.
Obama worked mightily to get us in this $16 trillion fix, producing record trillion-dollar deficits year after year, and now is working just as mightily to avoid specificity on the issue. About the closest he has come to moving beyond vague generalities is his plan to allow the expiration of a Bush tax cut on people making over $250,000 annually. That recovery-defeating move would provide roughly enough money to cover 20 days of our borrowing averaged over a year.
Meanwhile, he has given up negotiating with anyone much and has seemed more interested in spending more than spending less, which is to say goodbye economy, goodbye America. Everyone who knows anything knows we have to do something about the debt. Here are some of those I mean when I say everybody:
The bipartisan Congressional Budget Office. The CBO has observed that the publicly held portion of the debt is the highest since World War II and says inaction will lower economic production and increase the likelihood of fiscal crisis. The CBO also has looked at the Obama 2013 budget spelling out ideas for the next decade and concluded it would prompt trillions more in deficits over the current formula.
Ben Bernanke, chairman of the Federal Reserve. He has told Congress that if we keep on borrowing at the current rate, there will be less private investment, less economic output, lower incomes and reduced standards of living. If the government does not begin to rectify things, watch out for "financial turmoil," he said, forecasting a vicious circle in which debt grows ever higher and solutions get harder and harder to come by.
-- Kenneth Rogoff and Carmen Reinhart, professors at Harvard University and co-authors of "This Time is Different: Eight Centuries of Financial Folly." Here are two of the world's foremost experts on debt, and here is one thing they say: When gross national debt is over 90 percent, GDP growth is going to shrink. Our gross debt (both money owed to the public and by the government to itself) is now over 100 percent of GDP. Our economic growth in the second quarter of this year was 1.5 percent, compared to an average since World War II of 3.3 percent. Low growth equals low everything else, including low employment.
Erskine Bowles, former White House chief of staff under President Bill Clinton, and retired Republican Sen. Alan Simpson of Wyoming. They were co-chairmen of the National Commission on Fiscal Responsibility and Reform established by Obama. Bowles says that without tax reform and dramatic spending cuts, "we face the most predictable crisis in the country's history." Simpson, while also criticizing Republicans, says Obama needs to get serious about whittling down entitlements, his "sacred cow."
The great tragedy is that Obama walked away from the Bowles-Simpson compromise on debt, a workable plan that required both Democrats and Republicans to relinquish something they held dear. Here was a chance for bravery, for leadership, for Obama to do something for his country instead of just himself, and he said no thank you. He could still sign on, as a matter of fact, but I guess he is too worried about Romney's tax returns.
Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
Comment by clicking here.
Jay Ambrose, formerly Washington director of editorial policy for Scripps Howard newspapers and the editor of dailies in El Paso, Texas, and Denver, is a columnist living in Colorado.
• 08/15/12: Saving Medicare the Ryan way
• 08/01/12: Combatting free speech
• 07/25/12: Good and bad reactions to Colorado horror
• 07/18/12: Apology time for Obama
• 07/16/12: Free markets solve climate change threats
• 07/11/12: Humans and particles and those who would order them
• 07/06/12: Why we'll miss Andy Griffith
• 07/05/12: All will feel Affordable Care Act's bite
• 07/02/12: A social solution --- homes with dads
• 06/27/12: Being a 'nation of immigrants' is not an excuse
• 06/20/12: Barack Obama the autocrat
• 06/18/12: Bradbury's lessons for today
• 06/13/12: Should this leaking administration sink?
• 06/11/12: Simpson bashes back on reform
• 06/05/12: Legalize sugary drinks, ban dangerous drugs
• 06/04/12: Keep America from going Greek
• 06/01/12: Don't believe in Obama's fairy tales
• 05/30/12: Writing a book? Beats prison
• 05/23/12: Student loans fail students
• 05/21/12: Europeanizing America into crisis
• 05/16/12: Obama a bully, too
• 05/15/12: Walker recall vote could swing national pension policy
• 05/07/12: Bumbling, fumbling, benighted, old Washington near tipping point where freedom is done for
• 05/02/12: The Communists cannot be happy
• 04/30/12: There's no objective truth, least of all concerning behavior
• 04/25/12: Forgive the extremist?
• 04/23/12: Educational excellence is a game
• 04/18/12: Obama's interventions help a few by the most autocratic, complicated, ineffective means possible, yet hurt many more
• 04/16/12: Overregulation strikes again: The nanny state threatens to turn us into children
• 04/11/12: Obama is not bonkers
• 04/04/12: Will America vote against authoritarianism?
• 04/02/12: 'Tipping point' on federal restraint approaches
• 03/28/12: Obama truth from an open mike
• 03/21/12: The progressive campaign for voter fraud
• 03/19/12: Public pensions will get us if we don't watch out
• 03/14/12: Politics needs reporting, not speculation
• 03/12/12: Home of the free, the brave, the endangered
• 03/07/12: Obama used Limbaugh as scapegoat
• 03/05/12: Campaign substance lost in media melodrama
• 03/01/12: When Big Brother drowns
• 02/24/12: Obama goes gaseous on gas
• 02/22/12: Political tears for trust in personal empowerment --- except in the bedroom
• 02/17/12: Of cut-off ears and silenced mouths
• 02/15/12: Obama is a joke whose antics aren't funny
• 02/10/12: An energy boom looms, despite Obama
• 02/08/12: Obama's assault on faith
• 02/03/12: Can Romney get serious?
• 01/27/12: Obama is like an Italian ship captain
• 01/25/12: Newt Gingrich's first 100 days
• 01/20/12: Obama's Keystone pipeline lies
• 01/18/12: Critics worse than urinating Marines
• 01/13/12: Ron Paul is a cartoonish character
• 01/11/12: Newt Gingrich upset by Mitt Romney's brilliance
• 01/09/12: How about regulating presidents, too?
• 01/04/12: How America smothers itself
• 12/30/11: A tax break that helps break the nation
• 12/28/11: Watch out for the banana peel, Newt
• 12/21/11: A tale of two men
• 12/16/11: Strange happenings in Russia
• 12/14/11: Tim Tebow is a man of character
• 12/09/11: A populist, envy-mongering fraud divisively exacerbating resentment among different groups of Americans
• 12/07/11: Tax games threaten nation
• 12/05/11: Why Wal-Mart serves us better than Barney Frank
• 11/30/11: Not writing off Newt
• 11/28/11: Answers to the Iranian threat
• 11/23/11: Failure of the incumbency investment
• 11/18/11: Occupiers: Chop off their heads!
• 11/16/11: Obama asks jobless to sacrifice
• 11/09/11: Michael Moore's insufferable occupation
• 11/04/11: Political tipping point is coming
• 11/02/11: Idealogues versus 7 billion
• 10/28/11: Obama games on student loans
• 10/26/11: Wit and quick moves v. humanity and thoroughgoing honesty? It's no contest - or at least shouldn't be
• 10/07/11: Baptists, bootleggers and Wall Street protesters
• 10/05/11: Federal law will get you even if you watch out
• 09/28/11: Leftist bugbears on the march
• 09/23/11: Still hope for coal to help us
• 09/21/11: Obama's Madoff ploy
• 09/19/11: U.S. can't afford to wait until it happens
• 09/14/11: Defending -- and strengthening -- gung ho collectivism
• 09/12/11: A pipeline to better times
• 09/08/11: Obama just keeps destroying jobs
• 09/06/11: Ultra-feminists thwarting justice
• 08/31/11: Corporations are people? Yes, Count the ways
• 08/26/11: What an earthquake tells us about debt
• 08/25/11: The tyranny of scientific consensus
• 08/23/11: Fracking hardly a public health threat
• 08/17/11: Why Obamacare won't control births
• 08/15/11: Balanced budget amendment unbalanced idea
• 08/10/11: Kerry's war on citizen speech
• 08/05/11: Upside to the compromise leaving the door open for obnoxious maneuvers
• 08/03/11: The people who may save America
• 07/29/11: On making deals, Obama is no LBJ
• 07/27/11: The threat behind the debt
• 07/23/11: Mean opposition to means-testing
• 07/20/11: Leftist babble makes debt crisis even worse
• 07/18/11: Time to raise demagoguery ceiling
• 07/13/11: Obama treating treaties badly
• 07/08/11: Is decline of U.S. exaggerated?
• 07/05/11: Not math deficiency, but demagoguery
© 2011, SCRIPPS HOWARD NEWS SERVICE
Richard Z. Chesnoff
Frank J. Gaffney
Victor Davis Hanson
A. Barton Hinkle
Judge A. Napolitano
Debra J. Saunders
J. D. Crowe
David Ray Skinner
Ask Doctor K