Love Some of It, Hate Some of It: But a Good Start. 
          I’m pleasantly surprised at the first draft of the presidential panel  to cut the deficit—because it’s not all raising taxes and penalizing  business which I would expect from an Obama-named panel—but it slashes   liberal goodies as well…enough to draw fire from Speaker Pelosi and  Jan Schakowky.  Still, it has enough bad stuff to cause me to hold  my nose as if to ingest a tablespoon of castor oil—without sugar to  make the medicine go down.  But thank God it’s not pablum or  cotton candy and generalities but is a spectacularly honest first cut.
       The plan has real bite. It’s identified nearly $4 trillion  in total savings through 2020, bringing down the annual  U. S.   budget deficit to 2.2% of economic output by 2015 compared to 8.9% as  of last September 30. 
            Because I’m wholeheartedly in favor of some of it which satisfies  my conservative heart…and—I wince at others…it shows me the proposal  is fair and even-handed.   Basically I think that if it were  implemented we would be well on the way to summoning up the courage  to handle the deficit for ourselves, kids and grandchildren.
        The stuff I don’t like:  placing limits on tax breaks for homeowners  through removing deductions on interest for second homes, home equity  loans and mortgages higher than $500,000…cutting Pentagon spending  by $100 billion by 2015…higher taxes on gasoline beginning with a  15 cent per gallon hike in 2015 and escalating sharply after that…removing  a number of corporate tax deductions available today. And on health  care, a whole bunch including the much debated idea that didn’t make  it into ObamaCare: the public option and a strict cap on employer-provided  health care that are tax deductible.
        What I like:  $100 billion in non-defense discretionary cuts by  2015…lowering the corporate tax rate…making permanent the research  and development tax credit…cuts of $3 billion a year in federal subsidies  to agribusiness with the cuts continuing until they are ended…gradually  increasing the retirement age  on Social Security to  where  beneficiaries begin at age 68 (about 2050) and proceeding to 69 (by  the year 2075)…freezing federal employees’ pay for three years…cutting  the federal work force by 10%...ending congressional earmarks.  
        On health care, endorsement of tort reform which didn’t make it  into ObamaCare….as well as  the provision that seniors pay more  toward their health care in the form of expanded cost sharing—requiring  seniors to fulfill a universal deductible instead for the current system  of various co-pays for services…speeding up cuts in Medicare Advantage.    Another cheering aspect is Congressman Paul Ryan’s admiration….not  endorsement…of this first cut.  
A Salute to Bill Brady’s Valiant Campaign.
       Ah, I  see Jim Edgar has just criticized Bill Brady for losing  the governorship because he is too conservative for Illinois.   I’m sure that the act of standing up for a belief that hasn’t tested  as supported 10 to 1 in the polls is unthinkable for Vanilla Jim whose  successful public career has been marked with caution, dexterity, flexibility  all delivered with a mewing voice bearing clichés that don’t offend  anyone.  True, they don’t cause anybody to think, either,  but that’s been Vanilla Jim’s trademark.
        In all he’s been a nice appearing, slim chap with a southern accent  who never rocked any boat or never failed to get along with any of his  superiors—be they the bellowing, cigar-chomping, hard-drinking conservative  Lion of the State Senate, mega-millionaire W. Russell Arrington…or  the expansive, liberal governor now power lobbyist Jim Thompson whose  tastes rivaled Suleiman the Magnificent, who built a psychedelic monstrosity  bearing his name…impossible to heat in the winter and cool in the  summer, a legendary collector of modern art who never promised tax increases—in  fact assured there would be none—but who twice after electoral  victories said oh, er, I just decided, guess what? We need a tax  hike.
         Vanilla Jim got along with those two and many more besides.  His  secret was that he never assented, never dissented, never caused waves….meaning  that he sits still while others do the advocacy.   When one  opponent Dawn Clark Netsch ran against him she came out with a colorful  TV commercial showing her shooting 8-ball pool while Vanilla Jim’s  were just blah.
          Emboldened by her success,  she came forth with a tax swap idea.   Vanilla Jim attacked it.   After he beat her,  his administration  toyed with her idea and came very near embracing it—and, in fact,   Vanilla Jim’s lieutenant governor came out  for it.       Vanilla Jim stayed mum. In the next election the lieutenant governor  got walloped because he was identified with it.  Vanilla Jim stayed  mum.   Not that Vanilla Jim should have endorsed it, mind  you—but his success has always been that he takes no risks with ideas  or stands.  Nosirree.
          The idea that anyone should embrace an idea or proposition that is popular  with some but unpopular  with others has always been shunned by  Vanilla Jim.    After all, he’s gotten places never  taking a stand beyond the latest cliché.  But those of  us  who know that politics demands bravery will thank him for courageously  standing in defense of unborn life. You’d never catch Vanilla Jim  doing that or suggesting any ideas or programs that may be controversial.   
         Which may lead some to suggest a monument be erected to Vanilla Jim.     It should be a bust made of plastic and mounted on a weathervane. That  way his image will turn first left and right as he always has in life—reflecting  the cross-currents of the slightest breezes.   And the bust  should be inscribed with one of his quotes.   You know—quotes  that may be mundane, forgettable, clichés—but never offend.
         Like…oh let me think…”When folks are out of work, unemployment  results.” 
My memory is that Edgar proposed the income tax hike.
ReplyDeletePate, God bless him, tacked the nails in the plan's coffin.