The RoanokeSlant

This file is a personal journal of commentary of examples of the Roanoke Times and Liberal Media Slant. lbhagen@aol.com

Tuesday, July 08, 2008

 

When the Trickle-down Slows-down

Roanoke Times, 7-8-08: Service persons tips are way down, housing starts are meager, sales of homes are tepid and The Glebe Retirement facility is financially stressed.
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The oil and housing/financial problems have clearly squeezed the financial growth spigot to a trickle.
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Darn, those financially-successful people who have discretionary money to spend are being squeezed and aren’t spending. Discretionary, that means after all taxes and necessary bills are paid, there’s still some money left for what they want to do beyond what they need to do.
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These are the bad dudes that the Democrats want to hammer with lots of additional taxes so that these folks won’t be able to buy new houses, cars, boats, electronic gadgets, eat out, and go on vacation.
The Democrats refuse to acknowledge that when financially-successful people spend discretionary money they create jobs and opportunities for lots of other folks.
This refusal is a key element in their election class-warfare strategy that is ingrained in their culture.
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Clearly the key to improving our financial situation is to increase our domestic energy supply and stimulate small businesses to generate lots more financially-successful folks so that the Trickle-down becomes a stream helping all our people.
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Even old folks are impacted. Today it’s hard to sell a home you’ve lived in for many years so that you can roll the money over into a retirement facility. Retirement facility occupancy rates are key to the quality of life that they can afford to deliver to their residents. The vacated home represents an opportunity for new folks to enter into home ownership.
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A major opportunity for growth is also associated with the over 2 Million people we have added to our population each year since 1945. Expansion of private and corporate industry is vital to their growth and development and success.
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It would be constructive if the Editors of the Roanoke Times and their Democrat associates read and followed the 10 Cannots of Rev. William J.H. Boecker
http://en.wikipedia.org/wiki/William_J._H._Boetcker
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"The 10 Cannots"
You cannot strengthen the weak by weakening the strong.
You cannot help small men by tearing down big men.
You cannot help the poor by destroying the rich.
You cannot lift the wage earner by pulling down the wage payer.
You cannot keep out of trouble by spending more than your income.
You cannot further the brotherhood of man by inciting class hatreds.
You cannot establish security on borrowed money.
You cannot build character and courage by taking away a man's initiative and independence.
You cannot help men permanently by doing for them what they could and should do for themselves.
William J. H. Boetcker, 1916
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