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C. Owen Paepke's avatar

Tom, Thank you for your lucid assessment of the situation. I wholeheartedly agree. Where I am struggling, where I have been struggling for over a year, is in how to solve the problem you describe, in a realistic, workable, actionable manner. By nature, I must believe it is possible, but the "how" question, phrased in concrete terms, is formidable. For readers' benefit, let me illustrate with something that you and I have discussed at some length: a large, highly visible public protest against the huge deficit spending you describe, taking something like the 1963 March on Washington as an example. That had a huge tangible impact. But every person we raised that with, from among our own friends and colleagues, promptly rejected it as a pipedream. There are several movements out there for constitutional change, but they've been out there for a long time with no tangible effect, and our rising debt is moving much faster than any constitutional change possibly could. The current Congress and the current President obviously have zero appetite for uncomfortable spending cuts or revenue increases. The two parties are adamantly opposed, and their powers are formidable. I'd like to see all of us who broadly agree on the needed direction of change concentrate on this terribly challenging "how" question, not with hopes and aspirations, but with actionable plans for changing the balance and the dynamic in Washington. Best, Owen

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