Mt. Vernon Register-News

Opinion

February 15, 2014

Why the economy isn't doomed

(Continued)

And it is quite possible that even this much more modest debt forecast could be mistaken, especially if economic growth beats expectations. The government could promote such growth by spending on infrastructure, education, and research and development. While Congress struggled to find the political will for these investments a few years ago, when the federal budget deficit was well over $1 trillion, deficits have fallen dramatically since then. The bipartisan budget agreement signed into law last month was a first step toward restoring funding to some of the key programs economists believe have high returns over time.

There are no guarantees. From looming demographic changes to the economic threats posed by advanced technology, we should be realistic about the challenges we face. But there are also reasons to believe that the next generation will prosper. There’s probably nothing that forces middle-class wages to rise faster than competition among companies for better-educated workers who are able to use more sophisticated technology. And while we have recently suffered through an age of growing apart, the forthcoming era could well be one of growing together.

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    July 31, 2014

  • Back to the future for death penalty? The surreal national debate over the death penalty reached a climax of sorts July 23 in a prison execution chamber in Florence, Arizona. Double murderer Joseph Wood was put to death by lethal injection shortly after his lawyers went to the Supreme Co

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  • Reduce property tax Editor:The regular July meeting of the Rend Lake Conservancy District Board of Trustees is always interesting, and this year was no different. It is at this meeting that the board makes the annual tax levy for the district. Like every year, the debat

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  • Away from the tyranny ‘Without courage, we cannot practice any other virtue with consistency,” the late poet Maya Angelou reflected in an interview with USA Today in 1988. “We can’t be kind, true, merciful, generous or honest.”What a poem Angelou might have written about

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  • No Headline Provided House and Senate conferees have agreed on a $17 billion bill to address the scandal over poor health-care service at the Department of Veterans Affairs. The legislation is now on a fast track to pass Congress before its August recess, showing that Re

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  • Close the tax loophole that sends US corporations overseas Since we last overhauled our federal tax code, in 1986, countries around the world have lowered their tax rates, leaving the United States with the highest corporate tax rate in the developed word. At the same time, the system has become full of inef

    July 29, 2014

  • Israel and the U.S.: Whose survival instinct is stronger? There’s something darkly coincidental in the fact that the latest weapon to be deployed against the survival instinct of both Israel and the United States is an alleged “heartlessness” when it comes to children. The people of Israel are castigated in

    July 29, 2014

  • College cost isn't big problem for poor students To judge by this summer’s banner policy proposals, the most important question for higher-education reform right now is giving students easier access to loans. But evidence from Canada suggests those changes won’t address the greater need: Getting mo

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  • Ducks, geese a blessing I would like to respond to the “Geese and ducks causing problems in Veterans Park” article that was published in the Mt. Vernon Register-News on July 16, 2014. I must share that I do understand that at times there have been a great number of the Cana

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