Wouldn't It Be Nice If
Written by Jeff Thredgold, President, Thredgold Economic Associates
January 24, 2007
Rosie and The Donald had a joint session with Dr. Phil
the Administration and the Congress would stop bickering and take the small steps required now to "fix" Social Security and Medicare for the future
airlines that lack serious competition in various markets didn't gouge the public
we could strike a reasonable balance between energy conservation and the need for new sources of energy
Fidel Castro would bite the dust and be replaced with a move towards democracy
the Congress would approve a minimum wage increase and then tie annual increases to the CPI
and leave politics out of the issue
American military personnel could see their families more often
stock prices would continue to move higher (roughly 50% of American families now own stocks)
European governments would take more responsibility for serious problems close to home
the problems in schools today were still spit wads, gum chewing, and truancy, as opposed to violence, drug use, and pregnancy
the national media was more balanced in its reporting
and not so negative
members of Congress would finally recognize that reducing tax rates typically increases tax revenue
and increasing tax rates typically reduces tax revenue
more working people would save seriously for their Golden Years (an estimated one-third of the U.S. population saves zero for retirement)
the game of politics in Washington D.C. involved a little more cooperation and a little less confrontation
health care costs observed the same "laws" of supply and demand as other services
we would all get more involved in enriching the lives of those less fortunate than ourselves
we didn't have a $9,000,000,000,000 gross national debt, and we weren't spending more than $1,000,000,000 EVERY DAY just to pay the INTEREST on that debt
stronger Mexican economic growth would provide more good jobs at home
the Iraqi people would soon take full responsibility for dealing with terrorists, allowing U.S. military personnel to return home
U.S. firefighters, police officers, and military personnel received our respect ALL of the time
"far left" liberals and "far right" conservatives would back off a bit
the BCS would allow the top two college football bowl winners to meet a week later for the national championship (yes
we would then argue about who was selected for that game!)
Howard Stern was never heard from again
the role of "peacekeeper" wasn't associated with so much violence
your garbage disposal didn't eat better than two-thirds of the world's population
there were less irritating ways to bring buyers and sellers together than junk mail, spam, pop-up ads, telemarketing, and endless TV commercials
we could benefit more from years of practical business experience of millions of retirees, rather than simply "putting them out to pasture"
energy prices would decline further
the violence and language in today's popular movies could be toned down a bit
more corporate leaders who commit serious crimes could spend some serious time behind bars
America's silent majority (our parents and grandparents) received greater respect for the enormous wartime sacrifices they made to help protect the freedoms we all enjoy today
politicians were elected based on experience and ability, not on who can spend the most money and sling the most mud
what's good for you tasted as good as what's not
Johnny Carson was still king of late-night TV
basic communication between women and men was just a little bit easier
teachers received more admiration and respect from students and their parents
Paris Hilton's 15 minutes of fame were finished
we heard more of the "good news" from Iraq, not just the "bad news"
"government" would recognize that it is there to serve the people, and not the other way around
we would recognize that both short- and long-term interest rates remain quite low, even as the Federal Reserve remains on the sidelines
nature was less destructive
political battles for Supreme Court replacements would be more civil
America's Vietnam War veterans would finally get credit for serving their country
"reality" TV would die a quick death
the housing "bubble" on both coasts and in the SW would deflate gradually
golf was still a 3-4 hour game
the nation's tobacco companies would leave our kids alone
"old fashioned" common courtesy between people made a big comeback
residents of the Middle East could get along with each other
we could also find Osama Bin Laden hiding in a dark hole
drive-by shootings were replaced by drive-by moonings
there was a stronger collective effort to improve opportunities in America's inner cities
we didn't have one million lawyers in this country (more than the rest of the world combined)
F.I.C.A. (Social Security/Medicare) taxes were less painful
four out of five American workers now pay more F.I.C.A. taxes than they do federal income taxes
each long-term member of Congress was required to take a year off, start a new business with limited funding, and then deal with the complexities and hassles THEY have created
the outcome of many lawsuits was determined more by the facts and less by who has the deepest pockets
our primary and secondary schools had competition for teachers, students, and fundingjust like our colleges and universities
more people would make donating blood a regular quarterly event
many spoiled and pampered athletes in Major League Baseball, the National Football League, the National Basketball Association, and the National Hockey League had to get regular jobs at regular wages (at least for awhile)
we would all keep in mind that despite the problems and challenges we face in the U.S., this is still the greatest country in the world
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