With several political climaxes looming, it serves to recall “High Noon” starring Gary Cooper as Will Kane, the beleaguered marshal who single-handedly confronts paroled murderer Frank Miller and his gang. As civil society’s elected protector, Kane is a reluctant hero, abandoned by his cowering and self-interested townsfolk. Improbably victorious, he departs town, flinging his badge with contempt for the citizens who wouldn’t defend the rule of law on which their freedom, prosperity and security depend.

Though protagonists in our national Kabuki Theater claim to care about us, Think Again before allowing them to join Kane on the moral high ground. In verbal shootouts over Obamacare, the continuing resolution, the debt ceiling and Syria, our lawmen resemble Kane’s fair-weather constituents for whom self-interest trumps the common good. By failing to anticipate and resolve America’s imminent threats before they reach High Noon climaxes, politicians undermine America’s interests and squander their legitimacy. 

There’s a Kane-like resentment smoldering in far-flung territories for lawmakers who trade political favors for donations; pass incomprehensible, lobbyist-written, and unread laws; and grant ever-increasing authority to the intrusive and unelected bureaucracy.  Lawmakers may arrive in Washington believing it’s a cesspool, but after harnessing governmental power and dispensing billions, they discover it’s a hot tub made inviting by the collusion of big government, big business and big special interests.

Yet while Washington booms, Americans endure depressed wages, economic stagnation, and high unemployment. To stimulate the sluggish economy, the Federal Reserve is continuing it’s near-zero interest-rate policy, cushioning the accounts of stock-market investors and bankers, while crushing the financial plans of ordinary Americans, imperiling retirement savings, and exacerbating income-inequality.   

Though Washington manufactures little beyond economically injurious legislation, regulations, and bills for taxpayers to fund, it enjoys the nation’s highest median household income, up 23 percent since 2000, compared to a 7 percent decline nationally.  That’s because federal spending ($3.5 trillion) now absorbs nearly one-quarter of the economy, up from 18 percent ($1.76 trillion) in 2000, causing a tripling of the national debt – a growth rate the Congressional Budget Office says is unsustainable. Furthermore, with unfunded liabilities exceeding $75 trillion and without reforms, Social Security and Medicare won’t exist for younger Americans.

Given this fiscal picture, and with tax revenues hitting a record high, can we trust politicians like Nancy Pelosi who now assert “the cupboard is bare; there’s no more cuts to make?” How can lawmakers claim to be for hardworking families and younger Americans without addressing the unsustainability of our growing debt and entitlement obligations, knowing these taxpayers must pay the bills?

Lawmakers’ rank hypocrisy and lawlessness were exposed this month when the White House agreed to grant Congress and its staffers a special exemption from Obamacare – the 2,700-page law they imposed on the citizenry – by continuing special taxpayer-funded insurance subsidies. This Washington self-dealing comes after granting over 2,000 waivers to political allies and illegally suspending major parts of the law, including the employer mandate and subsidy verification requirements -- fiats that invite rampant fraud at taxpayer expense.

So concerned with the law’s unintended consequences, the AFL-CIO declared it “will lead to the destruction of the 40-hour work week” while devastating “the health and wellbeing of our members along with millions of other hardworking Americans.” As the New York Times reported last week, "having an insurance card does not guarantee access to specialists or other providers." Furthermore, as businesses skirt Obamacare’s expensive provisions by eliminating jobs and reducing hours, what difference does coverage for pre-existing conditions and 25-year old children make to those who lose their plans and doctors?

You know something's wrong with a healthcare law that results in fewer doctors, nurses, and hospital beds, but more IRS enforcers. And for those who insist the government stay out of your bedroom, steel yourselves to answer intrusive questions about your private life for data mining purposes -- or pay hefty fines.

As the country churns from Obamacare’s impacts, the clock approaches High Noon on budget and debt ceiling decisions to which escalating health care costs are central. Yet, the President declared Washington a negotiation-free zone, a curiosity since real outlaws like Russia’s Putin and Syria’s Assad are now negotiating partners.

Will President Rouhani of Iran, the planet’s largest exporter of terrorism, be next? Assad may now avoid using chemical weapons, but how many more innocents will die conventionally because two-years of American calls for Assad’s ouster -- and other saber rattling -- were empty cowboy rhetoric? 

With strategic planning and leadership, these policy cauldrons have solutions, though not when elected officials scurry from their moral duties, like High Noon’s townspeople.  There are scores of courageous Marshal Kane's in every town across America, except the one where the nation needs them most.

Think Again – wouldn’t you rally around this kind of leadership to avoid devolving into the Divided States of America?

The summer blockbuster “Man of Steel” reveals why Superman is an American icon, like the courageous revolutionaries who declared American independence. They couldn’t leap tall buildings in a single bound, but our founders’ steel-like resolve forged an against-all-odds victory over a Kryptonically-powerful British military in pursuit of radical ideas – human liberty and self-government.  

Breaking with history’s repressive norms, they declared the uniquely American idea that everyone is born free and equally entitled to life, liberty and the pursuit of happiness. In order to prevent future Lex Luthers from tyrannizing the people, they established a constitutional system whose powers are limited, separated, and checked. The government couldn't act without the people’s consent, nor could the people act except through elected representatives. Like Superman, American government would safeguard individual rights and liberties while defending truth, justice and our American way.

Anticipating America’s unprecedented freedoms, prosperity and global influence, James Madison said, “the happy union of these states is a wonder; their constitution a miracle; their example the hope of liberty throughout the world.”  Even during the Civil War’s darkest moments, Abraham Lincoln believed America would “ once again be seen as the last best hope of earth.”

Though Americans share Lincoln’s reverence for our inspiring heritage, many have begun to Think Again about whether our  “government of the people, by the people, and for the people” may indeed “perish from the earth.” When surveyed by Rasmussen, only 40 percent agreed that America is “the last best hope of mankind,” down from 51 percent in 2010. Meanwhile, two-thirds majorities believe a too-powerful government is a bigger threat than a weaker one, and consider our government to be a special interest group that looks out primarily for itself.

As Americans have endured a decade of economic and wage stagnation and persistently high unemployment, Washington, DC booms with seven of America’s 10 wealthiest counties -- like the capital of “Hunger Games” whose powerful and entitled aristocracy live off the tribute paid by impoverished citizens in the territories.

Our 226-year old constitution is exhausted kryptonite to a government that’s abusing its expansive powers. Today, the blob-like public sector consumes nearly half America’s economic output as it browbeats citizens and jeopardizes the American Way.

In a comic strip-worthy plot line, diabolical lawmakers conspire behind smokescreens of compassion and idealistic rhetoric, trading political favors for donations. Forsaking the public interest, they pass legislation laden with special-interest benefits, while granting ever-increasing discretion and power to the unaccountable fourth branch – the administrative state -- whose reach into citizen’s lives is greater than the three legitimate branches combined.

This summer’s episode features the immigration reform drama -- compelling for lawmakers, though not Americans for whom economic problems overwhelmingly trump immigration concerns 53 to 6 percent, according to Gallup. It’s another gripping “you have to pass the secretly negotiated 1,190-page bill to find out what’s in it” spellbinder that flew through the world’s most deliberative body faster than a speeding bullet, but not without inserting senatorial kickbacks and booby-trap-like loopholes.

In the “massive legislation era,” comprehensive means incomprehensible – if not unread -- while votes are based on talking points and favored provisions, not thorough analysis.  This bill’s central talking point echoes the 1986 immigration reform rationale – one-time legalization of 11-13 million undocumented immigrants and improved enforcement and security “will make illegal immigration a thing of the past.” It won 68 senators’ votes, even after the Congressional Budget Office concluded it would reduce illegal immigration by only 25 percent.  

There’s public support for limited amnesty – assuming controlled immigration flows – and skills-based immigration, like Canada’s.  Yet the CBO expects this bill will cause an influx of an additional 25 million predominately low-skilled immigrants by 2023 (4.8 million illegal and 20.4 million legal), increasing income and employment pressures on America’s most vulnerable demographic -- lower-educated workers (including legal immigrants) already devastated by globalization’s effects: falling wages, long-term unemployment and intergenerational poverty. 

Why do Senators ignore America’s greatest socio-economic problem by voting to absorb unprecedented levels of less-educated workers, thereby jeopardizing the economic security and dignity of lower-income Americans? Money.

Not the 0.2 percent bump in per capita GDP the CBO projects by 2033, but $84 million from the bill’s supporters (33 times more than opponents) who apparently believe Americans don’t work cheaply enough, even after 15 years of declining wages.

Feeling betrayed by a political class that’s eroded their hope, it’s no surprise many doubt America is still mankind’s best hope. But on the 237^th anniversary of our independence, hopefulness springs in remembering America’s supermen and the providential ideas they bequeathed us, as restated by Abraham Lincoln:  “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.”

Think Again – Without Superman, defending truth, justice and the American Way is our charge.

In his 1980s comedy routine, Yakov Smirnoff celebrated America’s free society and equality before the law, joking: “In America you can always find a party. In Russia, Party always finds you! In America, you break law. In Soviet Russia, law breaks you!"  

In the wake of scandals involving the abuse of governmental power, Americans must Think Again about Smirnoff’s ironic word plays. As we’re learning, the ruling Party can find and break you – despite constitutional protections.

Today, our federal government is the nation’s largest spender, debtor, lender, employer, contractor, property owner, insurer, healthcare provider, and pension guarantor. What it doesn’t directly control, its unchecked bureaucracy can ban or mandate.  Moreover, the Justice Department’s wiretapping of journalists and the demotion of Benghazi whistleblower Gregory Hicks at the State Department have impeded the watchdog media’s ability to assure a free flow of information between the people and our government. Even New York Times reporters aren’t getting calls returned.

Meanwhile, large swaths of America are in no mood to party -- especially the Tea Party -- after getting trapped in the government’s dragnet and subjected to personally invasive, banana republic-like scrutiny. Along with other conservative, pro-Israel and religious groups, their First Amendment rights -- freedoms of association, speech and religion -- were systematically abridged by the most feared agency of the government, the IRS.

After unfairly applying tax-exempt laws and divulging personal files to media site ProPublica, Americans worry the IRS can’t be trusted to impartially and confidentially administer 47 new healthcare provisions and 18 new taxes.  Mistrust spiked after learning the IRS’s Obamacare office is led by the same manager who oversaw and ignored abuse in the tax-exempt entities office. Adding fiscal insult to political injury, revelations about the IRS’s lavish spending culture – especially its $4 million employee boondoggle – prompted Jay Leno to suggest we close the IRS, not Gitmo.

Though government officials acknowledge the IRS’s “inexcusable” and “inconsistent” application of the law -- and notwithstanding their apologies for the “unprecedented” abuse of power -- many Americans are gleeful that political groups with which they disagree were muffled, as video-blogger Caleb Bonham discovered when inviting students in Boulder, Colorado to sign his gigantic thank you card to the IRS. Ironically, students in Bonham’s viral video cheerfully endorsed the harassment and intimidation of fellow citizens, unmindful that coercive government could one day crash their party.

Quick to call limited-government types devils incarnate, and inspired by politicians for whom there can be no honest difference of opinion, hyper-partisans are willing to commit fellow countrymen to an administrative Star Chamber, simply because they identify with different values. But nothing is more destructive to our social fabric and antithetical to America’s founding principles than the abuse of federal power to stifle dissident opinion, as Smirnoff knows and our founders feared. That’s why our founders devised a system to protect the very liberties that are currently under assault.

Defending limited government and our system of checks and balances, James Madison penned this famous argument: “What is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary. If angels were to govern men ... controls on government would (not) be necessary. In framing a government, ... you must first enable the government to control the governed; and in the next place oblige it to control itself."

Clearly, our government is out-of-control, as recent revelations of government over-reach, excess and incompetence testify. The federal bureaucracy has morphed into a government of special interests, by the bureaucrats, and for the political class. Occupy Wall Street meets the Tea Party at the intersection of their contempt for a government that routinely presses its massive thumb on the scale of justice, picks winners and losers, and gives sweetheart deals to well-connected cronies.

As law professor Jonathan Turley described in an eye-opening Washington Post op-ed, the administrative state has grown so powerful and independent, it constitutes a fourth branch of government whose impact on citizens’ lives is larger than the other three branches combined. Composed of 15 departments, 452 agencies, and 2.8 million unelected and inaccessible bureaucrats, it’s less transparent and more unaccountable than other branches.  “We cannot long protect liberty,” Turley concludes, “if our leaders continue to act like mere bystanders to the work of government.”

This fourth branch is our founders’ nightmare, and an assault on their constitutional principles: government by consent, separation of powers and equal rights of individuals. To preserve the system that is the source of our flourishing and the bedrock of our culture, we’ll need “a new birth of freedom,” as Abraham Lincoln yearned, so that “government of the people, by the people, for the people, shall not perish from the earth.”

Think Again. We wouldn’t want to be like the USSR where, Smirnoff says, comedians could crack jokes about leaders -- but only once.

Beyond the realm of inconvenient truths, there’s a dimension to which Bill Clinton occasionally retreats.  It’s a dimension of fertile imaginations, sound bites and mind games whose boundaries the gullible determine. In this wondrous land, tokes aren’t inhaled, sex with interns isn’t sex, and the meaning of “is” isn’t always is. When Clinton wags his finger to punctuate a claim, like “no president – not me or any of my predecessors -- could have repaired all the damage in just four years,” it’s his poker “tell.” Next stop: the Twilight Zone.

Ironically, the president who rode to victory in 1992 on the theme “it’s the economy, stupid,” now suggests it’s stupid to examine the 39-month old economic recovery which, we were promised, would yield 4 percent gross-domestic-product growth and 5.6 percent unemployment -- not the current 1.6 percent and 7.8 percent, respectively. Before crossing over to the land of suspended disbelief, Think Again.

In fact, until now, all presidents over the last 75 years have performed better. As Milton Friedman observed, and a November 2011 Federal Reserve study verified, the worse the recession – even when caused by a financial crisis -- the stronger the recovery, absent bad government policies like those that prolonged and deepened the Great Depression.

Despite record levels of stimulation that exploded government spending to 25 percent of GDP (up from a 60-year 18 percent average) and four consecutive years of trillion-dollar deficits, an Associated Press study concluded “that by just about any measure”…this is “the feeblest economic recovery since the Great Depression. More than any other …people who have jobs are hurting: Their paychecks have fallen behind inflation.”  Consequently, income inequality has materially worsened and, as Vice President Biden noted last week, “the middle class has been buried the last four years.”

The annals of post World War II economic recoveries show Biden is right. Never before have Americans suffered such poor prospects nor sought such refuge in safety net programs.  When counting the millions of discouraged Americans no longer in the labor force, true unemployment is 14.7 percent. Meanwhile median household income has dropped nearly 5 percent, amidst exploding gas and food prices.  Not surprisingly, a record number of Americans now claim federal disability checks and food stamps, up nearly 20 and 44 percent, respectively.

President Reagan inherited the other “worst” post WW II recession and, unlike the most recent, had to contend with double-digit inflation and interest rates, in addition to double-digit unemployment. By this point in his presidency, Reagan’s pro-growth policies had unleashed the economy, resulting in 7.1 percent unemployment, rising median incomes and 11 percent GDP growth. 

Most importantly, Reagan’s work with Democratic house leader Tip O’Neill to implement historic tax, social security and immigration reforms -- and Clinton’s collaboration with Republican house leader Newt Gingrich to reduce government spending, lower taxes on investment, implement “consensus deregulation,” and reform welfare -- fueled the greatest economic boom in world history from 1982 to 2007. As business investment grew, so did the job market and the number of Americans paying taxes, confirming what President Kennedy said “is a paradoxical truth that…the soundest way to raise [tax] revenues in the long run is to cut [tax] rates now.”

If the current “recovery” had merely performed as well as the average of all post-World War II recoveries, current US GDP would be $1.2 trillion larger and 7.9 million more Americans would have jobs. Americans have been denied this prosperity because of unprecedented levels of government spending, job-killing regulation, and crony capitalism – partisan policies which large majorities of business leaders in two recent surveys (Business Roundtable and National Federation of Independent Business) say hurt them.

That 55 percent of small business owners surveyed wouldn’t start their business today reflects a lack of confidence in the economy’s future, imperiled as it is by $16 trillion in debt (up 50 percent since January 2009), a sum larger than the US economy. When interest rates increase from historic lows, larger interest payments will necessitate draconian budget cuts and increased taxes. Absent rapid GDP growth to bring debt-to-GDP levels down to manageable norms, Americans can’t be confident in a future that holds only two unacceptable alternatives – substantial tax increases or sustained inflation.

As the president who declared the era of big government over, Clinton understands our perilous fiscal state. Were he to emerge from the Twilight Zone, he’d agree that government spending should be capped at 20 percent of GDP -- the average during his presidency and a Romney campaign promise. He’d be opposed to increasing taxes in a fragile economy, as President Obama proposes. Most importantly, he’d be appalled at the lack of leadership evident in Obama’s budget – no plan to address the looming fiscal crisis and trillion-dollar deficits into oblivion.

Think Again – outside the Twilight Zone, it’s the pro-growth policies, stupid!

Mark Twain famously remarked, “No man's life, liberty, or property are safe while the legislature is in session.” So when Massachusetts Senate candidate Elizabeth Warren proclaimed “the system is rigged” in her prime-time speech at the democratic convention -- Bill Clinton’s warm-up act – it appeared she agreed with Twain and 69 percent of Americans who believe “politicians break the rules to help people who give them money,” according to an August Rasmussen poll.

Before assuming Warren blames politicians for rigging the system, Think Again. In fact, as an advocate of an assertive and growing federal government run by benevolent and enlightened policymakers, Warren is out of sync with Mark Twain, public opinion, and America’s founders who feared a system rigged by powerful elites, like the British one they overturned.

When Thomas Jefferson asked if a “man cannot be trusted with the government of himself, can he then be trusted with the government of others,” he expressed our founders’ concern that future politicians would encroach on our newly declared natural rights and liberties, leading America into “debt, corruption and rottenness.” Hence, our founders designed a government with limited powers to serve -- not rule -- the people, and to protect our inalienable rights, not confer privileges to special interests. 

Today, our founders’ worst nightmares are reality -- the system is indeed rigged. The government’s share of the economy has exploded to 25 percent, dampening the private sector as powerful politicians allow favored beneficiaries to feed at the federal trough. The negative returns from these policies Warren calls “investments” have pushed America down the “global competitiveness” rankings -- from number one in 2008 to number seven today -- according to the newly released World Economic Forum report that blames unsustainable debt, cronyism, regulation, and economic stagnation for the fall.

Politicians promised that “investments” like the 2009 Stimulus would revive our economy and reduce unemployment, yet $830 billion later we’re worse off. Even since the official start of the “recovery” in June 2009: economic growth is 40 percent of the historic average for post-recession rebounds; the percentage of Americans with a job is the lowest in decades and the real unemployment rate is 19 percent as four times more workers left the workforce last month than entered it; median household income is down sharply while food stamp usage and federal disability checks have skyrocketed; and poverty rates are near a 50-year high.

As she laments the suffering middle class, why doesn’t Warren evaluate whether the activist government policies she advocates actually underlie this despair? Shouldn’t she query why the president’s 2013 Federal Budget garnered no votes in Congress and why the Senate has failed for the fourth consecutive year to uphold it’s constitutional duty to pass a budget? 

She'd find politicians fearful of endorsing a budget that borrows $1.3 trillion to fund the government, after paying for mandatory expenditures such as Social Security, Medicare, Medicaid and interest on the debt. But as federal debt spiked $5.4 trillion since January 2009, topping $16 trillion last week — a sum one-quarter of the combined gross domestic product of every country in the world — why isn't Warren proposing a plan to avert the looming fiscal crisis?

Unless reformed, Social Security and Medicare won’t exist for younger generations.  Nevertheless, Warren ignores this tragedy preferring to wax eloquent about “a level playing field where everyone pays a fair share and everyone has a real shot”…. because “the economy doesn’t grow from the top down, but from the middle class out and the bottom up.”  But how do we secure a middle class out of government jobs paid for with borrowed dollars?  Does our undisciplined, indebted and special interest-oriented government subvert the private economy, undermining the middle class and those who aspire to it?

This is the argument of Senator Tom Coburn’s book “The Debt Bomb,” endorsed by Alan Simpson and Erskine Bowles on whose fiscal commission he served.  Contrary to the narrative that blames lobbyists and gridlock, Coburn contends, “Congress has been an assembly line of new programs and a favor factory for special interests.  Our economy is on the brink of collapse not because politicians can’t agree, but because they have agreed for decades…to borrow and spend far beyond our means… to create or expand nearly forty entitlement programs, carve out tax advantages for special interests, build bridges to nowhere and earmark tens of thousands of other pork projects.”

Anxious to prevent an economic calamity worse than 2008, Coburn urges Americans to drain Washington’s stagnant pond, refilling it with public servants committed to un-rigging the system that’s left millions of Americans “on their own,” deprived of jobs and hopes of finding one. Without a plan to solve our economic and fiscal woes, Warren is an accomplice to the rigged system she denounces.

Think Again Elizabeth Warren — telling the truth and taking responsibility distinguish great leaders from mere politicians.

The French celebrated Bastille Day last week, 219 years after beheading Marie-Antoinette in the French Revolution’s Reign of Terror. To this day, she’s the poster-child for upper-class excess, entitlement and insensitivity -- the ultimate “1 Percenter.”

However, Think Again before believing every demonization you hear, especially without factcheck.org. In truth, though a privileged aristocrat, Marie-Antoinette was not only a faithful Good Samaritan, she actually never uttered the notorious catchphrase “Let them eat cake.” Never mind those silly details -- social justice was at stake!

By portraying Marie-Anoinette as selfish and out-of-touch, the revolutionaries justified their bloodthirsty mob rule and indiscriminate savagery. Declaring “liberty, equality and fraternity,” they ushered in an anti-democratic period of unlimited governmental power, civil strife, and economic despair, though eventually Enlightenment principles transformed France into a vibrant democracy.

Today, France has Europe’s most state-directed economy, and among its most stagnant and indebted. Prioritizing “the collective interest,” the French prefer government to free market solutions spending more on social welfare than any other developed country. Recently, the anti-wealth rhetoric of newly elected President Hollande -- and his plans to hike taxes – made London the sixth largest French city, to its mayor’s delight.

Similarly Enlightenment-inspired, though resentful of strong government, American revolutionaries devised a system to protect individual liberties. James Madison wrote, “If men were angels, no government would be necessary.  If angels were to govern men… controls on government would (not) be necessary.  In framing a government… you must first enable the government to control the governed; and in the next place oblige it to control itself.”

While the French were sticking dissenters’ heads on bayonets, Americans enacted a Constitution designed to disperse authority in order to protect the moral promise in our Declaration of Independence: that every individual is born with equal and inalienable rights to life, liberty, property, and the pursuit of happiness. Thus, the American Revolution facilitated the creation of the freest and most prosperous society on earth.

Over the last century, while America’s free economy boomed attracting immigrants to our opportunity society, politicians were busy encumbering it, à la française. They instituted the income tax, asserted extra-constitutional powers to regulate, dabbled in cronyism and created entitlement programs that now consume 65 percent of the federal budget. Once 3 percent of gross domestic product, government spending is now 25 percent, crowding out the private economy and producing daily deficits of $4 billion.

Consequently, we suffer French-size economic stagnation, unemployment, and debt (up 50 percent since January 2009). Poverty rates are the highest since tracking began in 1959; food stamp dependency is exploding; and the percentage of Americans with a job is the lowest in decades. Not surprisingly, two-thirds of Americans say we’re on the wrong track and that there’s too much government power and too little individual freedom.

Meanwhile, clueless that government policies influence economic decisions, politicians now propose increasing taxes. “Taxmageddon” -- the toxic mix of year-end tax increases – is causing businesses to defer hiring and investment. Even if limited to the top two-percent with incomes over $250,000 (which includes small businesses responsible for half of private sector jobs and $720 billion in earnings), tax increases would create serious recessionary headwinds while funding only 8.5 days of federal spending, per the Congressional Budget Office. This is a blueprint to cripple job creation, and 23 million job-seeking Americans.

Though they agreed it was economically injurious to hike taxes in 2010 when the economy was growing at twice its current rate, tax-hikers argue it’s now about fairness while referencing the “roaring 90’s” when rates were higher but before explosions in spending, debt, and stagnation.  What's fair about increasing taxes knowing the vulnerable will suffer disproportionately?

What is fair considering 2009 IRS data shows the top one-percent and top five-percent paid 37 percent and 64 percent respectively of federal income taxes, while the bottom half paid two percent? If the richest aren’t yet paying their fair share, doesn’t that suggest they don’t merit their earned success?  By denying some Americans their earned success, doesn’t that undermine our opportunity society and social cohesion?

Having migrated toward French values, practices and even their anti-wealth rhetoric, its hard to recall our Founders' belief that government’s role is to protect – not grant -- individual rights and property.  To reinvigorate our free society and market economy, we need a true “fairness agenda”: a simpler tax code with fewer special interest loopholes, no more corporate welfare, and reforms that preserve entitlement programs for future generations.

Most importantly, we must recover the private initiative that French historian Alexis de Tocqueville found exceptional in 1830s America: ““In every case at the head of any new undertaking, where in France you would find the government ... in America you’re sure to find an association.” 

By renewing our commitment to individual liberties and the ethic that each of us – not government -- is our brother’s keeper, Americans “have it in our power to begin the world all over again,” as American revolutionary Thomas Paine wrote.

Wouldn’t our Founders want us to Think Again?

As if accompanying Dorothy en route to the Emerald City of Oz, Americans seek a green wizard to fulfill our hearts’ desires -- a world powered by renewable energies like solar, wind and bio-fuels.  Bedazzled by Glenda the Good Witch’s solar-powered ruby slippers, we want the green-brick-road to lead us to a cleaner energy future. 

However, without Auntie Em to awaken us to reality, Americans must Think Again. Though cast as the Wicked Witch of the West, over the last decade the conventional energy industry has revolutionized America’s energy outlook.  Today we’re the most energy-endowed nation in the world, with enough clean, reliable, abundant, and cheap natural gas to last for generations. 

It’s “like adding another Venezuela or Kuwait by 2020”, according to Pulitzer-prize winning energy expert Daniel Yergin who believes the world energy map now centers on North America, not the Middle East. Energy consultant Wood Mackenzie estimates that tapping new reserves would generate one million jobs by 2018 and generate $803 billion in governmental revenue through 2030. Additionally, these new extraction technologies require far fewer wells, though they present fresh environmental challenges that several states (including Colorado) have addressed with new regulations to protect the environment and secure water supplies. 

Thus, rather than crucify the conventional energy industry, we should celebrate the entrepreneurialism and technological ingenuity that’s enabled the US to become a net energy exporter for the first time since 1949. The government need only permit development of new reserves -- not subsidize -- to further American energy independence, fuel our vehicles, lower energy costs and reap economic gains.

Meanwhile, promoters of green energy policies continue to argue that “investments” in renewable energies are environmental and job-creation boons for America, though our journey along the green-brick-road proves otherwise. Whether evaluating wind power in tornado-swept Kansas or solar energy in sunny California, renewable technologies are woefully uneconomical, wickedly unreliable and surprisingly unsound environmentally.

It’s understandable Americans dream green, considering we were told in 2008 that by investing $150 billion over the next decade in renewable energies, we’d reap five million new jobs.  But as former Treasury Secretary Larry Summers noted, “The government is a crappy venture capitalist”.  That’s because lobbying prowess and political viability outweigh economic viability when government picks winners and losers. 

After “investing” $110 billion since 2009, the sector is littered with taxpayer backed, bankrupt companies like Solyndra, Beacon Power, and Ener1, all of which paid bonuses before going under. Reuters reported last month “the wind industry… has shed 10,000 jobs since 2009 even as the energy capacity of wind farms has nearly doubled”… while the demonized “oil and gas industry added 75,000 jobs.”

The truth is, industries that aren’t economically viable don’t create real jobs, and those that are viable, don’t need subsidies. Plagued by competitive disadvantages like sun and wind intermittency, and expensive land, capital, transmission and backup capacity, these technologies are uncompetitive, small market players and remain subsidy-dependent.

Despite receiving 53.5 percent of federal financial support for the electric power sector, wind and solar supply only four percent of US power at a cost 100-300 percent more than conventional sources, according to the Energy Information Administration. A University of Wyoming study notes that because green policies increase prices, the “economic benefits derived from building renewable energy facilities in the short-run are more than offset by losses in economic output and employment”, thus hurting the poorest and most vulnerable.

Additionally, given renewables’ green patina, many don’t appreciate their adverse environmental impacts beyond the eyesore, noise, water usage, and wildlife destruction. Called “energy sprawl” by the Nature Conservancy, renewable energies require vastly more land while producing significantly less energy than conventional energy.  Most disconcerting, their incurable intermittency requires utilities to rely on conventional power to cycle up when there’s no wind or sun, and power down when there is, thus diminishing carbon reduction advantages.

If policymakers weren’t brainless scarecrows, cowardly lions and heartless tin men, they’d adopt Bill Gates’ proposition that cheap energy is “a fantastic vaccine” for the economy.  That’s what Americans deserve – a booster shot to deliver authentic solutions, real jobs and genuine economic growth. Moving beyond fossil fuels will happen eventually when superior and affordable energies are scaled for mass use.

Energy development isn’t a zero sum game, as the Wyoming study concludes: “Environmentally responsible development of fossil fuel resources could be complementary with renewable energy development, creating jobs and generating tax revenues to ensure a robust economy capable of creating and funding innovative renewable energy technologies of the future.”

Given our economic straits and the remoteness of the green dream, the underlying question is how much more are Americans willing to pay to harness wind and sun. Isn’t it time to demand that our leaders propose energy solutions based not on ideology but on how to best guarantee prosperity for generations of Americans?   

Think Again – a secure, affordable and environmentally sound energy future is not over the rainbow.

Even with Tax Day in the rear-view mirror, many are still agog that General Electric is paying hardly any corporate income taxes, despite reporting a profit of $14.2 billion. As though GE hit the jackpot, many politicians claim to be shocked, shocked that gambling is going on here!

Lest you think Corporate America is at it again, sticking it to the little guy, please Think Again. While it's cathartic to rail against multi-nationals that legally finagle lower tax burdens, doing so misses the real culprits. If you want to censure someone for shipping jobs and capital overseas, blame our elected leaders who made the rules.

The problem isn't that companies exercise their fiduciary duty to maximize shareholder profits through creative tax avoidance. That's the symptom. The cause is the political system that incentivizes GE to conduct its business in a way that is detrimental. One should read the story of GE as a cautionary tale of perverse incentives and adverse consequences caused by intrusive government.

Whenever government intervenes in the economy, it rarely considers the law of unintended consequences, which warns that many of our problems derive from solutions to other problems we face. Well-intended policies can hurt those they were designed to help. Trade protectionism increases prices and weakens economic growth; welfare provokes dependency; and policies that deem banks “too big to fail” lead to moral hazards, and more bail-outs.

So, considering that U.S. corporate tax rates are among the highest in the world, it shouldn't surprise when U.S. corporations move operations, jobs and profits to countries with lower tax rates. Since 2002, GE eliminated 20 percent of its U.S. workforce while increasing accumulated off-shore profits from $15 billion to $92 billion.

California, previously a bastion of entrepreneurialism, opportunity and prosperity, is suffering because of high state tax rates, onerous regulations and adverse labor arrangements. According to Chief Executive Magazine, California is the worst state in America for job and business growth, which is why its unemployment rate is one-third higher than the national average as companies abandon California at a rate of 4.7 per week.

But the biggest reason for GE's negligible income tax bill is its “striking ability to lobby for, win and take advantage of tax breaks,” as noted by The New York Times. Last year alone, GE spent $39 million (that's $73,000 for each U.S. representative and senator) lobbying Congress for billions in tax breaks.

It's “crony capitalism,” not a free market, when government favors the politically connected — whether big business or big labor. This isn't the limited government our Founders crafted to secure our inalienable rights. They purposefully circumscribed (and enumerated) the powers and authority of the federal government in order to reflect the will of the people, not powerful elites. We severed ties with that other type of government on July 4, 1776.

Our Founders would be distressed today, for when our government tinkers, or worse, commands the free market, it creates dangerous conflicts of interest and moral hazards — Petri dishes for adverse consequences. Why did Wall Street banks make and sell synthetic sub-prime loans that ultimately helped precipitate the financial crisis? Because federal housing policies and government-sponsored entities like Fannie Mae and Freddie Mac spawned a seemingly profitable market in loans to people with bad credit.

Though increasing home ownership was a worthy goal, our elected leaders ignored the risks (and their duties) in order to cater to the housing and finance lobbies. Crony capitalism jeopardizes our economic futures because elected officials are motivated to govern in a way that is best for those who got them elected. This unholy alliance between politicians and their patrons undermines everyone's economic security because today's winners can be tomorrow's losers, depending on the political favors due.

Al Gore admirably conceded conflicts of interest when he announced he no longer supported corn-ethanol saying, “I had a certain fondness for the farmers in the state of Iowa because I was about to run for president.” If only elected leaders would abandon crony capitalism, it would bolster the free-enterprise system and the common good.

But first we need to abandon our unrealistic expectations of government. Next time you hear a politician exclaim, “Vote for us for free ice cream,” I hope you'll Think Again. Assume the ice cream has never been free, has actually cost us a fortune, and eating it in excess has caused our dangerously unhealthy state.

If we stop expecting government to solve all problems and meet our every need, political incentives will change. Then, not only will government serve us better, our democracy and economy will be better served.

Is the free market the best system for the world's future? So asked GlobeScan in its annual survey of 25 countries, conducted since 2002. Then, American confidence in the free market topped the poll at 80 percent.

If you assume that Americans are still first, Think Again. The 2010 survey reveals faith in the free market is at a low (59 percent) in the world's biggest economy placing the U.S. fifth behind Germany (68 percent), China and Brazil (both 67 percent), and Italy (62 percent). Intriguingly, American support for free markets dropped 15 points in just the last year resulting in an astonishing nine-point advantage for the Chinese.

Undoubtedly, Chinese confidence in free markets is high because 450 million Chinese were lifted out of poverty as the government liberalized the economy. However, because the Chinese do not enjoy the inalienable rights accorded Americans, China materially lags behind the U.S. in other living standard metrics including civil liberties, life expectancy, infant mortality, child labor and a clean environment. Meanwhile, according to the World Bank, China's national wealth trails America's in terms of GDP per capita ($7,570 versus $47,020).

The real conundrum is why did American support for the free markets survive the tumultuousness of the early 2000s — the bursting tech bubble, plummeting stock indices and corporate scandals that eliminated companies like WorldCom and Enron — only to drop last year?

Perhaps Americans are frustrated that the private sector isn't pulling the economy out of its doldrums, as with past recessions. We've become accustomed to economic cycles in which demand eventually increases as businesses replenish inventory and new construction replaces old. To meet increasing demand, companies hire employees and invest in equipment — this is the free market at work.

However, as the Chinese economy has grown freer, the U.S. economy has become less free. Most Americans are unaware that over the last decade, the government sector has grown five times faster than the private sector, according to the Bureau of Economic Analysis. Moreover, politicians more interested in political power and rewarding allies from Wall Street to Main Street have undermined the free market with policies (health care, Internet, labor, environment and financial) that drive up costs on businesses and consumers, and create massive uncertainty for investors.

If Americans are down on the free market, they're gradually realizing it was the government that sabotaged it. Thanks to the new book “Reckless Endangerment” by New York Times business reporter Gretchen Morgenson and housing finance analyst Joshua Rosner, Americans are learning the true causes of the financial crisis: Government intervention in the private housing market and influence peddling among political insiders produced the weakest economy since the Great Depression.

The sad truth is that the financial crisis would never have occurred were it not for government policies that encouraged weak underwriting standards resulting in the creation of 27 million risky loans (half of all U.S. mortgages). Furthermore, politicians ignored rampant corruption at the government-sponsored entities (GSEs called Fannie Mae and Freddie Mac), wouldn't regulate them even after accounting scandals, and cost taxpayers more than $150 billion so far. Additionally, if politicians had performed their duties, the GSEs couldn't have spawned the seemingly profitable business in loans to people with bad credit that ultimately attracted Wall Street banks.

However, you won't hear politicians Think Again, never mind declare mea culpas. They're busy promoting fallacies, mis-assigning blame, denying responsibility and enacting “reforms” that do nothing to address the government policies primarily responsible for the crisis. Furthermore, by seizing even more governmental authority over the U.S. economy, politicians have further weakened the free markets prompting one regulator, Acting Comptroller of the Currency John Walsh, to warn that when regulations are “carried too far, the economy suffers” because higher costs impede the economic activity necessary for growth and job creation.

Consequently, confidence in politicians is as low today as it was during Watergate. Opportunistic politicians who wage class warfare and who demonize the successful, industrious and productive actually weaken public confidence in the very free-enterprise system that incentivized millions of Americans (native and immigrants) to take risks, compete, innovate, and achieve in the “land of opportunity.” Our free-enterprise system is the reason Americans have historically been among the richest and happiest nationalities and why, in a competitive global economy, the U.S. still produces one-quarter of the world's goods and services despite being only 3.4 percent of the world's population.

To preserve the system that is the source of our flourishing and the bedrock of our culture, we must choose leaders committed to expanding liberty and increasing individual opportunity. In doing so, we'll recover our confidence in free markets, and realize Abraham Lincoln's aspiration spoken in the darkest moments of the Civil War: “My dream is of a place and a time where America will once again be seen as the last best hope of earth.”

Think Again. You won't hear that said about China!