March 2013 Archives

An Easter Message

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       For Christians throughout the Christian world, Easter is the apex of the liturgical calendar. In the iconography of the Christian Church, the Risen Christ symbolizes the redemption of mankind; its new hope and its new possibilities. The words of the Gospel of  Matthew continue to resonate two millennia later: "He is not here; he has risen, just as he said. Come and see the place where he lay."

   

        The hope for redemption that is epitomized by Easter is the common legacy of all men and women, whether believers or non-believers, no matter their stations in life or their geographic locations. In our own way, each of us yearns to build a better life for ourselves, our children, our grandchildren. But each of us also knows that the quest will too often exact a very personal toll, as witnessed by the crucifixion. William Butler Yeats, perhaps better than most, grasped  the secular implications the Easter message: the possibility alongside the peril and uncertainty:       


Easter, 1916

I have met them at close of day
Coming with vivid faces
From counter or desk among grey
Eighteenth-century houses.
I have passed with a nod of the head
Or polite meaningless words,
Or have lingered awhile and said
Polite meaningless words,
And thought before I had done
Of a mocking tale or a gibe
To please a companion
Around the fire at the club,
Being certain that they and I
But lived where motley is worn:
All changed, changed utterly:
A terrible beauty is born.

That woman's days were spent
In ignorant good-will,
Her nights in argument
Until her voice grew shrill.
What voice more sweet than hers
When, young and beautiful,
She rode to harriers?
This man had kept a school
And rode our winged horse;
This other his helper and friend
Was coming into his force;
He might have won fame in the end,
So sensitive his nature seemed,
So daring and sweet his thought.
This other man I had dreamed
A drunken, vainglorious lout.
He had done most bitter wrong
To some who are near my heart,
Yet I number him in the song;
He, too, has resigned his part
In the casual comedy;
He, too, has been changed in his turn,
Transformed utterly:
A terrible beauty is born.

Hearts with one purpose alone
Through summer and winter seem
Enchanted to a stone
To trouble the living stream.
The horse that comes from the road.
The rider, the birds that range
From cloud to tumbling cloud,
Minute by minute they change;
A shadow of cloud on the stream
Changes minute by minute;
A horse-hoof slides on the brim,
And a horse plashes within it;
The long-legged moor-hens dive,
And hens to moor-cocks call;
Minute by minute they live:
The stone's in the midst of all.

Too long a sacrifice
Can make a stone of the heart.
O when may it suffice?
That is Heaven's part, our part
To murmur name upon name,
As a mother names her child
When sleep at last has come
On limbs that had run wild.
What is it but nightfall?
No, no, not night but death;
Was it needless death after all?
For England may keep faith
For all that is done and said.
We know their dream; enough
To know they dreamed and are dead;
And what if excess of love
Bewildered them till they died?
I write it out in a verse -
MacDonagh and MacBride
And Connolly and Pearse
Now and in time to be,
Wherever green is worn,
Are changed, changed utterly:
A terrible beauty is born.

         The Eastern Rebellion, chronicled by Yeats, was, at the time, ridiculed as amateurish and folly, but within a short time, owing to the brutality of the oppressors, a new Ireland was born. So today, throughout Middle East, amidst the suffering countries of Southern Europe, and elsewhere in the world, the hopes of a multitude are often met with derision and violent oppression, but their dreams too will be vindicated if they persevere.

      In his inaugural address, John Kennedy reminded Americans  that "here on earth God's work must truly be our own." The creation of a better, more just world will not be achieved by solitary acts alone for the power of the status quo is always too great. Meaningful, substantial change will only be achieved when each of us of recognizes our shared potential as part of a broader public effort to insist that the voices of all of us - including the poor, the bedraggled, the dispossessed, the ill - be heard and addressed by those whom we have entrusted to govern us.

    The Catholic philosopher Jacques Martian, inspired by the teachings of Thomas Aquinas, reminds us, "...the primary reason for which men, united in political society, need the State, is the order of justice...social justice is the crucial need of modern societies. As a result, the primary duty of the modern state is the enforcement of social justice."
      
            There can and must be a place at the table for all of God's children. In the quest to achieve that goal, we redeem and fulfill ourselves as human beings. This is the message of Easter that all of us - believer and non-believer alike - should embrace.

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Will Austerity Prolong U.S. Economic Misery?

 

  Radio commentator and writer Thom Hartmann, among other progressives, has correctly observed on a number of occasions that there is no evidence whatsoever that austerity measures have ever helped to bring a market economy out of a recession or a depression. Because the U.S. is a consumer driven economy, "We cannot cut our way to growth," he has noted.

 

 

    In this lingering Great Recession, high unemployment in the private sector and the loss of nearly one million jobs in the public sector have enfeebled consumer demand and significantly stalled a robust economic recovery. It is a basic axiom of modern macro-economics that, when  consumer demand has collapsed because of high unemployment (and tax revenues have declined at the federal, state and  local levels) the federal government - through fiscal policy (pump-priming) - then becomes the only remaining, viable agent that can stimulate the economy since the wealthy  have already hunkered down to await better days.

     Anyone who doubts that validity of this basic proposition as originally put forth by John Maynard Keynes in his General Theory - and which has been reconfirmed by three generations of mainstream orthodox economists including John Kenneth Galbraith, Gardner Ackley,  Paul Samuelson, Paul Krugman and Joseph Stiglitz - need only consider the present examples of Spain, Portugal, Ireland, Greece, Italy and Cyprus. The austerity demands of the German bankers and their equally myopic surrogates have exacerbated the economic travail and misery of ordinary citizens in those E.U. countries.

     In the United Kingdom, which still maintains its own currency and does not belong to the E.U.'s monetary union, the Tory Party's austerity measures are having an equally devastating effect. John Cassidy, in a February 7, 2013 post for the New Yorker ("U.K. Lesson: Austerity Leads to More Debt"), describes a new study from the Institute of Fiscal Studies, a London-based think tank.  In its annual report on of the U.K.'s finances, the I.F.S. observed that out that the budget deficit, because of the austerity measures in place, would still be so large that next year the Chancellor, George Osborne, will be required to borrow about sixty-five billion pounds more than he had anticipated - or about four per cent of the U.K.'s G.D.P.)

     Cassidy quotes the Jeremy Warner of the British Daily Telegraph to the effect "This is a truly desperate state of affairs that demands swift and decisive action. We seem to have the worst of all possible worlds, with nil growth, some very obvious cuts in the quantity and quality of public services, but pretty much zero progress in getting on top of the country's debts."

     Cassidy further notes that when Prime Minister, David Cameron and the Tory Party assumed office in May, 2010, and chose to implement an extensive program of austerity measures, the U.K. economy was slowly recovering from the Great Recession. By the final quarter of 2011, the U.K.'s economy had fallen back into a recession, from which it has yet to emerge.

     Here in the United States, the insistence upon austerity measures has continued to choke off an economic recovery. More than a quarter of the population has descended into poverty; and long-term joblessness, particularly among older workers, has become intractable. At the same time recent college graduates, burdened by massive debts, are condemned to menial jobs as waiters and independent contractors. The pernicious policies of the balance-budget advocates and the effects of the sequester have begun to further chill the economic climate. Simultaneously, the 1% - those employed in the financial and technology sectors and in the multi-national corporations that have de-industrialized the economy and shipped middle class jobs overseas - have continued to amass unparalleled wealth. 

     As the gap between the many and the very few has continued to widen, those who have been  to emulate the lifestyle of Nick Carraway in this country's Second Golden Age would be wise to heed Yeats' prophetic warning in the Second Coming.   

      Those politicians and pundits who urge austerity measures fail to understand the long-term consequences: The middle class will continue to erode as the safety net contracts. That trend, if not reversed, could, in a worst-case scenario, precipitate the collapse of this country's consumer-driven, market economy. An increasingly impoverished population will, at some point, become too poor to shop even at Wall-Mart.    

     The philosopher George Santayana reminds us that "Those who cannot remember the past are condemned to repeat it." The lessons from those countries struggling in Europe today and the lesson of 1937 when Franklin Roosevelt prematurely sought to reign in the stimulus of the New Deal and to address budget deficits (which thereby deepened the Great Depression) are proof positive that austerity measures are counter-productive. They are prescriptions for prolonged misery and suffering.

     President Obama and Democrats in the House and the Senate need to stand firm and to challenge the economic Neanderthals in their midst. The kind of know-nothing-trickle-down-tax -incentives-for-the-wealthy-no-increase-in-the-minimum-wage-free-trade-and-out-sourcing-good-and-unions-for-workers-bad economics that the1% and their elected GOP surrogates are now trying to foist upon a gullible public represent the kind of policy proposals that a more economically literate public would immediately recognize for what they are: The nutty mutterings of individuals who in decades past would have been committed to asylums instead of having been elected to United States Congress.

 

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