Perhaps part of the problems plaguing the nation stem from the fact that most in the media have never held private sector jobs in commerce or trades. Consequently, as members of the fourth estate, their perspective is limited whereas they simply don’t understand, nor can they envision, how businesses or the economy in general, are supposed to work.
Three unrelated articles today, all found on Drudge, demonstrate quite clearly the obvious flaws when political ideology and/or social theory outweigh common business sense or the simplest premises of economics. Yet, until the problems caused horrendous fiscal damage, the “media” ignored them totally.
However, whether the media wants to accept any role in abetting false theory to take the hold its gained, the following three examples provide clear proof of the flaws in socialistic ideology.
According to Bob Unruh WND on-line: “In a survey by a top research firm, six in 10 physicians said it is likely many doctors will retire earlier than planned in the next one to three years.
The same percentage say the practice of medicine is in jeopardy as medical experts lose control of their clinics and compensation with the implementation of the Affordable Health Care for America Act, or Obamacare.”
The article’s quite a good one, so here’s a link: Doctors planning exit
Next, Todd Spangler of the Detroit Free Press Washington Staff, points out how unfunded debt’s a problem threatening cities all over the nation.
According to Mr. Spangler, Detroit’s problem is some $3.5 billion in unfunded debt on benefits owed to current and future retirees. yet while the amount was enough to force the city’s bankruptcy, “From Baltimore to Los Angeles, and many points in between, municipalities are increasingly confronted with how to pay for these massive promises. The Pew Center for the States, in Washington, estimated states’ public pension plans across the U.S. were underfunded by a whopping $1.4 trillion in 2010.”
And then, there’s the state of Illinois which while having seen an explosion in the number of people receiving food stamps, is an example of the huge pitfalls existent when dealing with bureaucracies.
Benjamin Yount, of the Illinois Watchdog reports that “Illinois’ error rate, from either overspending on food stamps or not spending enough, is 1.74 percent, according to Januari Smith, a spokeswoman for the state’s Department of Human Services.”
However, even that relatively small percentage has a significant fiscal effect, because a 98.3 percent accuracy rate results in $52 million of the $3 billion program being misspent.
Just over 2 million people, 16 percent of the population, are enrolled in the federally managed SNAP. Washington D.C,. sent Illinois $3 billion for last year.
So, here we have government edict and/or involvement, costing billions while looking for more ways to fiscally intrude on the public’s lives. And while I understand clearly what politicians do, because other folks money is the major key to their existence, the media’s position confuses me completely.
I cannot understand for the life of me, what the media gains from hiding the facts about the damage wrought by socialistic ideology or how they’ll benefit, intellectually or otherwise, when the nation’s no longer able to function economically.
That’s it for today folks.
Adios
No comments:
Post a Comment