Letters

Letters 12-22-2014

Affordable Housing Alternatives In Scott Hardy’s opinion piece in the December 15 edition, he offered six concrete ideas to address the ongoing community discussion about increasing affordable in-town housing in Traverse City.

Powerful Homeless Event Homelessness is far more complex than we thought. “Everyone Has a Story—Sit and Share Our Bench” was a wondrous performance Sunday, December 7, that opened my eyes to a wide range of experiences with homelessness, bridging the gap between “us and them.”

Long-Lasting Effects of Measles I understand several cases of measles have occurred in Traverse City. I also became aware that in Michigan, persons are three times less likely to be immunized.

Changing The Electoral College Republicans are thinking about changing how Michigan allocates Electoral College votes. Michigan, like all but two states, gives all of its electoral votes to the statewide winner of the popular vote.

Home · Articles · By R. Thomas Buffenbarger

R. Thomas Buffenbarger

 
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Monday, March 16, 2009

Saving American Jobs

Other Opinions R. Thomas Buffenbarger Saving American Jobs
R. Thomas Buffenbarger 3/23/09

In January alone, 598,000 jobs were lost. More than 200,000 of those jobs were lost in the manufacturing sector. The employment rate now stands at a staggering 7.6 percent. The global credit crunch has, finally and decisively, thrown the gears of growth into reverse.
This global recession is like a runaway tractor-trailer. Downshifting works, once in a while. But if the incline is too steep or the load too heavy, downshifting destroys the gearbox. Momentum does the rest. When the rig comes to rest--and it will, eventually--the wreckage is found everywhere.
The just-passed stimulus bill will repair some of the damage done to America’s economy. But a second stimulus package is needed. And revitalizing America’s manufacturing sector must be its highest priority.
America’s trading partners will not buy a trillion dollars in U.S. Treasury notes to finance our recovery while their own economies sink deeper into recession. They’ve already been burned badly once. Yankee traders sold them the toxic debt--the subprime mortgages, credit default swaps and collateralized debt obligations--that triggered this global recession. Selling them more commercial paper stamped “Made in America” is not a viable option. Our only recourse is to make things other nations will buy. So to stimulate our own economic revival, we must renovate our plants, install new machinery and hone the skills of our workforce.
America needs a 21st Century version of Franklin Roosevelt’s Works Progress Administration. Roosevelt put millions of Americans back to work on an emergency basis in 1935. He did so by creating jobs that would produce “permanent improvements in living conditions or that creates future new wealth for the nation.”
 
 
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