Free Markets, Free People
Here’s where I get to laugh at the usual circus. Politicians deciding they need to hold some other industry “accountable”:
U.S. and state officials are intensifying efforts to hold colleges accountable for what happens after graduation, a sign of frustration with sky-high tuition costs and student-loan debt.
Sens. Ron Wyden (D., Ore.) and Marco Rubio> (R., Fla.) are expected to reintroduce this week legislation that would require states to make more accessible the average salaries of colleges’ graduates. The figures could help prospective students compare salaries by college and major to assess the best return on their investment.
While I agree that colleges do not offer a good return on investment at the moment, since when is it up to politicians to hold them “accountable”.
And how would the politicians fare if the same standards were applied to them?
You don’t have to be a rocket scientist, brain surgeon, or even particularly smart to figure out that this trend means entitlements, as structured, will fail:
Last week, the Commerce Department announced that the gross domestic product shrank by 0.1 percent in the fourth quarter of 2012. And the Census Bureau reported that the U.S. birthrate in 2011 was 63.2 per 1,000 women ages 15 to 44, the lowest ever recorded.
Slow economic growth and low population growth threaten to undermine entitlement programs like Social Security and Medicare. Despite contrary rhetoric, they are programs in which working-age people pay for pensions and medical care for the elderly.
When Medicare was established in 1965 and when Social Security was vastly expanded in 1972, America was accustomed to the high birthrates of the post-World War II baby boom. It was widely assumed that the baby boom generation would soon produce a baby boom of its own.
Oops. The birthrate fell from the peak of 122.7 in 1957 to 68.8 in 1973 and hovered around that level until 2007. The baby boom, it turns out, was an exception to a general rule that people tend to have fewer babies as their societies become more affluent and urbanized.
So, when will our so-called “leaders” finally figure this out? My guess, in fact it really isn’t a guess, is they know but haven’t intestinal fortitude, politically speaking, to do what is necessary. That is cut them, privatize them or any of a host of other options they won’t even consider.
What they will consider, of course, is raising taxes and borrowing.
The fact of the matter is that both Social Security and Medicare are based in flawed models. The original models saw the base of the those paying into the system remaining constant, despite the “general rule that people tend to have fewer babies as their societies become more affluent and urbanized.”
The numbers don’t lie. Fewer and fewer workers are available to pay into these systems and continue to pay out at the rate at which they’re paying out now. This is no mystery. This is plain old everyday economics. It’s as plain as the nose on your face. Yet our so-called “leaders” seem unwilling and unable to face the facts. The facts are not going to change. We’re not going to suddenly have a baby boom again.
These are the sorts of problems elected leaders are supposed to face head-on. That’s why they’re elected, supposedly. Yet we continue to let our elected officials get away with malfeasance. So while it is easy to point at them and say they’ve failed, in fact we’ve failed. We have failed to gin up the courage to do what is necessary to fix these problems. To force our “leaders” to do the right thing. We continue to claim in poll after poll that entitlements must be fixed. Yet we continue to put in office, time after time, the same people who haven’t yet mustered the courage to do that (nor fund themselves held accountable for not doing it).
Whose fault is that?
UPDATE: Here’s a perfect and timely example of part of the point:
John Kasich, the fiercely conservative governor of Ohio, announced Monday that he’s going to expand Medicaid dramatically using federal money — a 180-degree turn from what conservative groups swore their allies in governors’ mansions would do when the Supreme Court gave them an out last year.
This makes John Kasich a big, fat liar.
Republicans should be the ones circulating recall petitions. He should be drummed out of office, out of politics and never again hold any office higher than dog catcher. But they won’t, because despite this, he’s “one of ours”.
After a scathing after action report we the public were told that four individuals at the State Department were being held responsible for security the debacle in Benghazi. Supposedly all four were being forced to resign.
The four officials supposedly out of jobs because of their blunders in the run-up to the deadly Benghazi terror attack remain on the State Department payroll — and will all be back to work soon, The Post has learned.
The highest-ranking official caught up in the scandal, Assistant Secretary of State Eric Boswell, has not “resigned” from government service, as officials said last week. He is just switching desks. And the other three are simply on administrative leave and are expected back.
The four were made out to be sacrificial lambs in the wake of a scathing report issued last week that found that the US compound in Benghazi, Libya, was left vulnerable to attack because of “grossly inadequate” security.
State Department leaders “didn’t come clean about Benghazi and now they’re not coming clean about these staff changes,” a source close to the situation told The Post., adding, the “public would be outraged over this.”
This is typical of our government today. Few if any top government officials are held accountable for their actions or the result of their actions. In this case we were simply lied to. Straight up, in-your-face lies. There apparently was never any intention of actually firing anyone. The deaths that resulted from these peoples gross incompetence are to be ignored.
Until we began to demand that heads roll when this sort of incompetence is encountered, there is no penalty for being incompetent. There is also no lesson learned, or applied. Consequently, you can expect pretty much the same result in other areas.
All of this is a result of the politics of today. The unwillingness to admit a mistake and take proper corrective action because such an admission would reflect poorly on the party in power. No thought or concern about the country. Those responsible for security lapses that led to the death four good men in Libya -men who were depending on their higher ups to do their job – deserve to at a minimum lose their jobs and be forced out of civil service. That’s obviously not going to happen.
If I were a member of the family of one of those men, I be considering a civil lawsuit against those responsible for the failed security that ultimately led to their deaths. It may be a poor alternative to these people being sacked (and likely an alternative that would be a long and expensive process), but I’d be damned if I’d let them get away scott free with being responsible for the murder of my loved one.
Back to the main point, however – this is an example of a government that is both imperious and out-of-touch – more concerned with the health of the bureaucracy than justice and certainly more concerned with party vs. country.