VIEW FROM WEST DAVENPORT
By MICHAEL ZAGATA • Special to www.AllOTSEGO.com
Fishermen understand why the brook trout they catch are often smaller than the brown trout they catch. It’s because the brown trout are more discerning about “rising to the fly” and thus falling victim to the fishermen’s net, while brook trout are prone to rise to the first fly they see.
There is a lesson there for all of us with regards to how we cast our votes. It is natural to rise to the sound bites that offer promise or free stuff, even though common sense tells us it isn’t really free. Someone has to pay for it, but we tell ourselves that’s OK as long as it isn’t us. But, are we kidding ourselves?
If not us, who?
Recently I watched a news clip featuring presidential candidate Senator Elizabeth Warren where she stated that, if elected president, she would create as much relief (public financial assistance) for as many people as possible as fast as she could. That is a very attractive “fly” and represents the approach of the other Democratic candidates as well.
Translated into financial terms, that means she would increase our taxes and/or increase the national debt without doing the things that increase our economy and allow us to pay for those social programs. We would pay for those social programs with higher taxes and more debt – and we pay annual interest on that debt.
Contrast that approach with that of our sitting President, a Republican, who believes in creating jobs via growing our economy. That means giving more people the opportunity to have a job, shed the stigma of poverty, and growing the tax base while lowering individual taxes and reducing, not growing, the national debt. The contrast is stark. To quote an old adage, “give a man a fish and feed him for a day; give him a fishing pole (job) and feed him for life.”
Like the brook trout, we are seeing many seemingly attractive flies cast upon the water by the candidates. Are we going to rise to the first one or are we going to take the time to weigh the consequences of the various alternatives using the information we have learned from life’s lessons? A case in point is the push to continue on the trend being forced on us by the Left to pursue socialism.
Those of us over 50 have seen first-hand that communism and socialism have failed the people governed under their paradigms. Today’s young people haven’t, with the exception of Venezuela, had that opportunity. To them that “fly” appears attractive.
As fly fishermen know, presentation is everything! Then it’s just a matter of setting the hook and landing the “fish.”
As an example, let’s talk about free college tuition. It looks very attractive to someone about to enter college even though tuition, itself, only represents part of the cost.
Historically, a student entered college, got a part-time job and took out a student loan. After graduating, that student got a job and part of their income was used to pay back that loan. Once it was fully paid, normally within five years, he or she could take the monthly amount that formerly went to pay down the loan and use it for something else – it became a windfall.
Contrast that with the new paradigm of “free” education. That same student would go to college and maybe get a part-time job, but wouldn’t need to take out a student loan – at least not for the tuition portion of their college education. Following graduation there would be no loan to pay off. Hurrah!
But is that person really ahead? As a result of everyone getting a “free” education subsidized by the government, the government will be faced with having to raise more money – and it does that by raising taxes.
In reality, that student will be faced with higher taxes, not for the five years it would have taken to pay off the student loan, but for life. Was it really a good deal or was it in the “presentation” without evaluation?