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Fran Miller of Parker writes:

I rarely agree with much of what Paul Krugman has to say, as I regard him as one of those angry economists who seeks political appointment more than the esteem of his peers. But, what he had to say today resonates with my conservative views. I see the fundamental problem of conservatives in general and Republicans in particular as we are so far behind the acknowledgement of social issues that we appear in denial. We all look like the middle-aged fat cat in a green suit who just doesn’t get it. That allows the liberal Democrat to hijack issues and start the debate. By the time we catch up they have framed the argument and even though their solutions are ill-conceived, we are a day late and dollar short. The Republican Party was a progressive party from the time of Lincoln and up until the Great Depression most black people were Republican. The denial and slow start at dealing with the situation caused Republicans to fall behind. A loss in 2008, which seems almost assured, may mean the end of the party. Sounds a lot like corporations who fall behind and never catch up. Are we a Ford, Chrysler, or GM; we’re certainly not an Infinity.

This letter has not been edited.

READER COMMENTS

The "Compassionate" (aka liberal) Conservative currently occupying the WH is largely responsible for the Repubs. current problems. Although we are unlikely to get another Ronnie any time soon, we must return to our core beliefs, reject progressive liberalsim, embrace free market capitalism, individual accountability, individual responsibility and freedom. If we don't, then socialism, and those from the left who don't dare tell Americans for what they believe and for what they stand (aka hard-core socialist HRC), are handed an unearned victory. America loses!

Economics. That's where you learn that, when you cut the rates, or prices, in half you actually take in more than you did before.

Don't get it? But, it's very simple, folks. It works that way because you DOUBLE your sales volume. See?

Now, just apply that to taxes, and . . . !

Hank - I suggest you read The Establishment Rethinks Globalization at
http://www.thenation.com/doc/20070430/greider. The article looks at a book by Ralph Gomory (retired IBM VP) & William Baumol (nominated for a Nobel prize in economics in 2002) - neither man is hardly what one could call a flaming liberal. The book is titled "Global Trade and Conflicting National Interests" (and is 7 years old) - and was based on Gomory's view that : "If free trade is a win-win proposition, then why did America keep losing?"

It is time to recognize that, while in the short term, offshoring may maximize corporate profits, the long term is bleak. Why should Dick or Jane go into high tech fields when they know that those jobs wil be offshored - and - failing to have students go into those fields, where is the innovation (which this country once led in) to come from?

Perhaps Hank & those of his ilk are only concerned about today - and don't care about the future of this country as long as "they get theirs". When a CEO earns 200-300 times (even when running the shares into the ground) what the average worker earns, with less risk of losing his job (and getting a platinum parachute if he does lose that job), there is something wrong. The US, which once set a marvelous example of how hard work can pay off is rapidly becoming a 3rd world country between the haves and have nots with the so-called middle class earning the top spot on the endangered species list.

Well the conservative beast is dying but not yet dead. All liberals have to do is sit back and watch the conservative train wreck continue on its course. Then when the beast is dead, we can go back to fiscal sanity, prosperity, and heck, maybe even a little peace. I cannot thank Bush voters enough for speeding up the demise of the conservative movement by 20 years.

Total Tax Collected:

2003 $1,650,372,248,000
2004 $1,738,702,169,000
2005 $1,998,850,893,000
2006 $2,238,287,182,000

That's a 26% increase from '03 to '06.

Corporate Tax Collected:

2003 $128,813,883,000
2004 $184,769,475,000
2005 $272,762,788,000
2006 $351,093,182,000

Almost tripled.

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