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| Let's Get Serious About Energy |
by Christopher Chantrill
January 26, 2007 at 9:27 am
DEMOCRATS like Senator Jim Webb claim that the middle class is in crisis. In his “barn-burner” of a speech responding to President Bush he claimed:
Wages and salaries for our workers are at all-time lows as a percentage of national wealth, even though the productivity of American workers is the highest in the world. Medical costs have skyrocketed. College tuition rates are off the charts. Our manufacturing base is being dismantled and sent overseas. Good American jobs are being sent along with them.
In short, the middle class of this country, our historic backbone and our best hope for a strong society in the future, is losing its place at the table.
Well, is Jim Webb right? Money columnist Liz Pulliam takes a look. Are people “helpless pawns in a game that’s rigged against them” as Jim Webb claims? Or could it be that they are screwed because it’s their “Own Damned Fault?”
I believe a middle-class life is still possible for most people. But you have to be smarter, more cautious and faster on your feet than ever before. You have to obey some deceptively simple rules. And one thing is certain: Wherever you currently stand on the economic ladder, the surest way to rise is to pull yourself up.
And that sums up the truth in Jim Webb’s diatribe. We Americans have to be smarter. We can’t just live a bump-on-a-log life and expect the world to ladle out the gravy. Sure wages and salaries are low compared to corporate profits. But then where do higher wages and salaries come from? Our manufacturing base is being dismantled. But Americans now work in front of computers, not in front of steel furnaces.
It’s easy to rail about the effects of globalization in barn-burning speeches. But the only way to stay No. 1 is to work harder and smarter than No. 2.
The problem is that some people may think that a chap like Jim Webb can come along and bring back the good old days of lifetime employment and guaranteed pensions.
Ain’t gonna happen.
And Jim, here’s a question. If medical costs have skyrocketed and college tuition rates are off the charts why would that be?
It couldn’t be that health care and college education are both riddled with government subsidy, could it?
Sphere: Related Content | | printChristopher Chantrill blogs at www.roadtothemiddleclass.com. His Road to the Middle Class is forthcoming.
The incentive that impels a man to act is always some uneasiness...
But to make a man act [he must have]
the expectation that purposeful behavior has the power to remove
or at least to alleviate the felt uneasiness.
Ludwig von Mises, Human Action
But I saw a man yesterday who knows a fellow who had it from a chappie
that said that Urquhart had been dipping himself a bit recklessly off the deep end.
Freddy Arbuthnot
Dorothy L. Sayers, Strong Poison
At first, we thought [the power of the West] was because you had more powerful guns than we had. Then we thought it was because you had the best political system. Next we focused on your economic system. But in the past twenty years, we have realized that the heart of your culture is your religion: Christianity.
David Aikman, Jesus in Beijing
[In the] higher Christian churches… they saunter through the liturgy like Mohawks along a string of scaffolding who have long since forgotten their danger. If God were to blast such a service to bits, the congregation would be, I believe, genuinely shocked. But in the low churches you expect it every minute.
Annie Dillard, Holy the Firm
In England there were always two sharply opposed middle classes, the academic middle class and the commercial middle class. In the nineteenth century, the academic middle class won the battle for power and status... Then came the triumph of Margaret Thatcher... The academics lost their power and prestige and... have been gloomy ever since.
Freeman Dyson, The Scientist as Rebel
Conservatism is the philosophy of society. Its ethic is fraternity and its characteristic is authority the non-coercive social persuasion which operates in a family or a community. It says we should....
Danny Kruger, On Fraternity
What distinguishes true Conservatism from the rest, and from the Blair project, is the belief in more personal freedom and more market freedom, along with less state intervention... The true Third Way is the Holy Grail of Tory politics today - compassion and community without compulsion.
Minette Marrin, The Daily Telegraph
When we received Christ, Phil added, all of a sudden we now had a rule book to go by, and when we had problems the preacher was right there to give us the answers.
James M. Ault, Jr., Spirit and Flesh
I mean three systems in one: a predominantly market economy; a polity respectful of the rights of the individual to life, liberty, and the pursuit of happiness; and a system of cultural institutions moved by ideals of liberty and justice for all.
In short, three dynamic and converging systems functioning as one: a democratic polity, an economy based on markets and incentives, and a moral-cultural system which is plural and, in the largest sense, liberal.
Michael Novak, The Spirit of Democratic Capitalism
There was nothing new about the Frankish drive to the east... [let] us recall that the continuance of their rule depended upon regular, successful, predatory warfare.
Richard Fletcher, The Barbarian Conversion
We have met with families in which for weeks together, not an article of sustenance but potatoes had been used; yet for every child the hard-earned sum was provided to send them to school.
E. G. West, Education and the State
When we began first to preach these things, the people appeared as awakened from the sleep of agesthey seemed to see for the first time that they were responsible beings...
Finke, Stark, The Churching of America, 1776-1990
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©2007 Christopher Chantrill