Founder Larry Miles urged calmness and compromise in a Viewpoint Opinion published in the Sacramento Bee on August 6, 2011. Recalling Franklin Roosevelt’s famous exhortation, “The only thing we have to fear is fear itself,” Miles observed that the economic recovery has been impaired because of the fear created by politicians who care more about their “extreme positions” than the country’s health. The full Op-Ed article is set forth below with a link to the Bee here: Viewpoints: Ideological fights to the death are not helping in … .
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Viewpoints: Ideological fights to the death are not helping in tough times
Special to The Bee
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That folks from working class stiffs to hedge fund managers, from the unemployed to the retired, from teachers to talk-show hosts, are nervous is understandable. But we need to gut this recession out, hang together, quit blaming everyone and everything, and get to the other side. We need stability. Confidence will follow stability, and recovery will follow confidence.
Plainly, we are in difficult times. However, this is not the near collapse of the world global economy that we fortuitously avoided by minutes and the sheer economic force of the U.S. government in October 2008. We have moved beyond that.
As we ushered in 2011, there really was good news. Jobs were being created, consumer confidence was up, growth was occurring, people were beginning to spend a little money. Domestically, the auto industry was leading a strong consumer recovery. Then a whole series of global setbacks and domestic miscues kept landing punches. Ireland, Greece, Japan and the tsunami, oil prices; all of those international factors took a toll. The state budget impasse and debt ceiling debacle did not help.
In June and July, Japanese car sales dropped 25 percent in the U.S. as dealers guarded their existing inventory. But the Japanese are recovering their production capacity with a sense of national urgency, and U.S. import dealers are – or were – projecting robust sales in the second half of this year. Ford sales were down the past few months, but only because its factories couldn’t keep pace with demand. And while GM announced a few days ago a projected slower second half than initially expected earlier this year, they were running several shifts at their plants and recalling workers to ramp up inventory.
Our leaders in Sacramento and Washington do us no favors when they choose to devolve into ideological fights to the death. The notion held by a distinct minority of politicians that their extreme political prescriptions matter more than the patient’s health is simply unacceptable and untenable.
California’s state budget is undeniably critically important, but it reflects less than 5 percent of the $1.8 trillion dollar gross domestic product of the eighth largest economy in the world. However, it gets 95 percent of the media attention when our leaders fail to collaborate and produce a responsible budget. The entire ruckus unnerves even the most sedate of us.
Similarly, as each day of the distressingly uncivil discourse progressed in Washington, people became more fearful of the predicted calamitous outcome of the ruinous debate until, finally, places like car dealerships became ghost towns once again.
There are real reasons our recovery is ailing. Construction is going to keep our recovery soft until we can blow out all these foreclosures that are still in the market, but you can see the light at the end of the foreclosure tunnel. We do need to get credit going again. We’ve over-corrected from lending anyone with a pulse any amount, to denying people named Rockefeller a loan. We need existing stimulus money to be released for construction projects.
Frankly, the contraction of the government sector is also holding us back. To be sure, we need profitable car dealers, shop keepers, hotel owners and other entrepreneurs, but we also need teachers, custodians, DMV clerks, judges, park rangers, air traffic controllers, cops, firefighters and the like. When we complain too much about government employees, we not only minimize the importance of the public service provided by such workers, but we advocate for the elimination of our customers.
Do we need to tighten our governmental belts, improve efficiency and responsiveness, and do some targeted pension reforms? Sure. But enough already on the demonization of public service; it’s not helping.
Yes, it’s going to be tough for a while, but let’s take a deep breath, calm down and have some confidence. We’re not a herd to be stampeded off a cliff. Franklin Roosevelt said it best in 1932 when he was trying to inspire the country to confidence in the depths of the Great Depression. “This great nation will endure, as it has endured, will revive and will prosper.”
Indeed.
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Larry Miles is vice president of the San Juan Unified School District Board of Education. Miles was a Democratic candidate for Assembly District 5 in 2010.