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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review August 20, 2009 / 30 Menachem-Av 5769

Divine Debt Trumps All

By Victor Davis Hanson



http://www.JewishWorldReview.com | In Greek mythology, even Olympian gods and heroes were subject to a higher divine power known loosely as "fate" — an allotted moira , or destiny, that could not be changed even by thunderbolt-throwing Zeus.


In modern America, debt — whether national, state or trade — now plays the same overarching role as the ancient Greek notion of fate. And the president, Congress and the states for all their various agendas are impotent since they must first pay back trillions that have long ago been borrowed and spent.


Politicians in their hubris who believe they can ignore debt or wish it away are sorely disappointed — as we see now with the plummeting approval ratings of both the administration and Congress.


Take the issue of health-care reform proposals, in which the issue of debt looms large. We are told that more people will be insured, costs will go down and care will not be rationed. But this rhetoric cannot disguise the reality of taking on even more debt.


To cover more Americans, a broke federal government will either have to borrow more or curtail the level of coverage that the currently insured enjoy. Numbers do not lie, and our government either must explain how a radical expansion in medical care will cut back on existing choice and service or where the additional revenue will come from.


The spiraling budget deficit also now trumps all discussion of tax policy. We are told the government will not raise taxes on 95 percent of Americans. Yet aside from billions for corporate bailouts, new entitlements will go largely to this group and will increase the annual budget shortfall to nearly $2 trillion.


The wealthiest five percent of Americans, who currently pay over 40 percent of the aggregate income tax, simply are not numerous enough to provide the necessary additional revenue — despite having taxes raised to 40 percent of their income, along with proposed Social Security payroll tax increases and health-care surcharge hikes.


Most likely the administration soon will have to impose a value-added tax that will fall on everyone, or make Americans who now pay no federal income taxes start paying them. We may casually talk of all sorts of new programs and "stimulus," but the vast trillion-dollar collective national debt and rising annual deficits will insidiously hamstring almost everything we plan to do.


Debt also will overshadow energy policy and for now trump green politics and politicians. Administration officials lecture grandly about wind and solar power to come. But both are still expensive and now constitute less than 5 percent of our energy production. Instead, our electrical power and transportation fuel overwhelmingly come from more pedestrian oil, natural gas, coal and hydro and nuclear power.


Due to the recession, the United States has been given a rare reprieve, as decreased global consumption has led to increased supplies abroad and a radical — though temporary — fall in energy prices. We have a brief window of salvation in which to start developing additional energy inside the United States — whether nuclear, untapped coal, offshore oil, new natural gas fields, shale oil, or tar sands — that could ensure that the country does not go broke when energy prices rise again, and we slowly transition to new renewable sources of power.


Yet the current policy seems to be that the United States can arrogantly ignore the cost of imported energy. We continue to dream of inadequate, expensive solar and wind power, while not expanding traditional domestic sources of energy — even as we borrow to consume imported oil and natural gas.


President Obama has put forth an ambitious agenda of radical health-care reform, cap-and-trade legislation, new energy proposals and expanded entitlements. But no matter how brilliantly the president describes his progressive agenda, it can't escape our fiscal fate: The country is broke and its ability to borrow ever more trillions of dollars is coming to an end.


Asian and European creditors are becoming wary of lending so much at such low interest to such an encumbered debtor. And why shouldn't they be?


In short, Americans will have to either raise massive taxes, postpone new spending programs or cut existing expenditures — and most likely all three at once.


Ultimately, even we Americans must bow before debt whose unchangeable laws trump even our Olympian president and Congress.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Victor Davis Hanson, a classicist and military historian, is a senior fellow at the Hoover Institution and a recipient of the 2007 National Humanities Medal. Comment by clicking here.


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