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Jan Koch, Shawano

Jan Koch, Shawano

Jan Koch, Shawano has not set their biography yet

Economic Growth Not Felt By Everyone

Posted by Jan Koch, Shawano
Jan Koch, Shawano
Jan Koch, Shawano has not set their biography yet
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on Tuesday, 04 February 2020
in Wisconsin

donald-trump-deficitBe careful when Trump uses the term “the economy”, it all depends who you are talking about and where they live, says northeastern Wisconsin resident.

SHAWANO, WI - “It’s the economy, stupid.” This now infamous phrase has been used to point out how a country is doing financially. Saying that “the economy” in the United States is booming is ignoring what is really going on.

Yes, the unemployment rate is at an historic low. However, that does not take into account the millions of laborers who are “underemployed”. Many are working part-time hours when they are in desperate need of full-time, salaried work. Also existing are a large number of Americans so depressed over their economic situation that they have not applied for a job in a year or longer.

Yes, it looks like the United States has most of its work force employed but since the crash of 2008 seventy-five percent of new jobs pay less than $50,000 a year. Wages might be rising slightly nationally but In Wisconsin a large percentage barely pay above the $7.25 minimum wage, which is one of the lowest in the nation.

Today millions of people fall under the degrading classification of “working poor”. In contrast, the top 1 percent of earners take home eighty-five percent of income.

The unemployment number means nothing. The stock market’s advances mean nothing either.

The richest 10 percent of Americans own 84 percent of stocks. The bottom half of households don’t own stocks. The daily rise and fall of Wall Street has no effect on most Americans. It won’t have very much influence on the waitress at the diner, the family farmer, or the home health care worker helping an elderly diabetic inject his insulin—a drug he could not afford if he were not on Medicare.

For most Americans “The economy” does not exist. What do all the economic forecasts mean for the 58 percent of who have less than $1000 in savings, or the 28 percent who have no savings at all? One misfortune could bring them to bankruptcy.

Whether “the economy” grows by 3 percent of 3.5 percent next quarter will have no relevance in the lives of those who are juggling thousands in credit-card debt and student-loan payments, along with the rising healthcare costs and the expenses of living.

There is no “economy” for most poor and work-class Americans. There is only everyday life. Because they don’t have adequate healthcare, they pray that their children don’t get sick. Unfortunately, paid family leave is not given to low-income wage earners. They pray their car doesn’t break down and they can’t get to work. Job security is fragile in low-income jobs. They pray their landlord does not raise the rent. It is difficult to find affordable housing for families.

When Donald Trump became president, the nation had a major economic recovery going on according to a new study at the Harvard Business School on U.S. competitiveness. Co-author Michael Porter said it could have given us the chance to take some significant resources and devote them to some of our well-known challenges, like infrastructure or health care. But very little of that happened.

The overwhelming majority of business leaders surveyed in the report said lobbying primarily advanced company interests, sometimes at the expense of the public interests. Those surveyed said businesses’ overall engagement worsened the political system by advancing policies that benefited special interests.

Even though candidate Trump promised to reduce the deficit, his 2017 tax cuts and increased government spending have increased the treasury’s deficit which is expected to grow to a trillion dollars this year.

Donald Trump’s massive tax cut only made the wealthy richer. It has proven to be nothing more than a handout for the largest corporations. Companies have given even bigger bonuses to their executives instead of increasing the number of good paying jobs and bringing back jobs which were shipped overseas.

trump-tariffsDue to President Trump’s trade war Wisconsin’s manufacturing sector is in a recession. Companies have had to slow their business growth, putting expansions on hold and laying off workers to ensure their businesses can survive. Some estimates show Trump’s trade war could result in Wisconsin losing 37,344 jobs. The tariffs have cost the state nearly a billion dollars.

Even though we just lived through a seemingly prosperous decade, the bulk of Americans don’t have enough money in their retirement accounts to retire on. Moreover, some people who retired and thought they would live on their fixed income have had to take a job because they found out their income wasn’t enough.

For Wisconsin’s growing elderly population there is a glimmer of hope. Governor Tony Evers has set up a Retirement Security Task Force. It’s not that Wisconsin’s workers don’t want to save, it’s that the have been living under economic conditions that have made saving either impossible or inaccessible. A recent AARP of Wisconsin study revealed that 1 in 7 registered voters have no way to save for retirement at work. The Governor and StateTreasurer Sarah Godlewski believe hard-working individuals deserve to have peace of mind and feel secure when they retire.

When the term “the economy” is being used, be cautious. Using it as a measure of success shows a clear absence of any long-term strategy which lies outside the next election cycle. Focusing on what is happening in people’s real lives makes for a more intelligent conversation. It could also make for a better country.

Jan Koch,

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Bold Plans Needed to Save Our Planet

Posted by Jan Koch, Shawano
Jan Koch, Shawano
Jan Koch, Shawano has not set their biography yet
User is currently offline
on Monday, 23 September 2019
in Wisconsin

flooding-east-river-gbClimate change is real and increasingly a part of our daily lives. Change won’t take place overnight, but some common-sense steps can be taken immediately.

SHAWANO, WI - God created a world in which everything was in perfect harmony. The land and its plants and animals were a part of an ecosystem that worked beautifully. Man should be able to enjoy all creation for eternity but unfortunately future generations won’t have that opportunity if we continue on our present path.

Climate change is real and increasingly a part of our daily lives. There is evidence, facts, and science to tell us that.

Western Wisconsin has experienced yearly flooding in areas where such phenomena had only occurred every hundred years. Fiercer tornadoes and hurricanes can be seen across the country. Longer droughts out west are causing dangerous fire conditions. Warming temperatures have disrupted wildlife migration, produced toxic algae blooms, and contributed to the dirtying of our Great Lakes.

Even Pope Francis believes that climate change is a moral issue that must be addressed now in order to protect the earth and all that inhabit it. In 2015 he wrote a 192 page encyclical urging the world to take action on this ecology crisis.

earth_day_globeAccording to a February study, there’s a 99.9999% chance that humans are the cause of global warming. Humans burn fossil fuels such as oil, coal and gas, which release carbon dioxide (CO2), methane and other gases into the Earth’s atmosphere and oceans. CO2 is the greenhouse gas that’s most responsible for warming. If the amount of carbon dioxide in the atmosphere isn’t lowered, temperatures will continue to increase.

If we want a habitable planet, we have to confront the problem at its source. This means we have to reduce the use of coal, oil and gas by mid-century.

The United Nations’ Intergovernmental Panel on Climate Change found that capping global warming at 1.5 degrees Celsius could avoid catastrophic consequences. However, a recent analysis by Carbon Tracker found that 92 percent of companies are working toward growth in fossil fuel production and/or reserves.

Can the fossil fuel industry be trusted to act in the best interest of our planet? Absolutely not.

We can’t believe fossil fuel companies when they appear to care about the planet. Their industry lobbyists have spent years pretending to support the Paris Agreement’s goals. Since the 2015 Paris Agreement, Exxon Mobil, Royal Dutch Shell, Chevron, BP and Total have spent $1 billion collectively on greening up their image. However, they’ll only invest 3 percent of their $115 billion on low-carbon technologies like carbon capture and algae bio fuels.

Conservative Republicans continue to deny that there is a problem. They profess that oil, gas and coal are all good sources of energy and oil drilling should be increased. They won’t support expanding wind and solar sources. They would rather support private ownership of gas and electric industries.

Former Governor Walker ordered the term “climate change” to be struck from government documents. President Trump also attacks climate science. He refused to sign an agreement protecting the rapidly melting Arctic region unless any references to climate change were removed.

Political will to turn off the fossil fuel taps won’t take place overnight. But some common-sense steps could be taken immediately. The yearly $20.5 billion state and federal subsidies could be eliminated. There could be a ban on new leases for oil and gas development on America’s public lands. Reckless new drilling could be stopped by reinstating the crude oil export ban.

When you hear the words “New Deal” you may recall an economic measure that was introduced by President Franklin D. Roosevelt in 1933 to counteract the effects of those who were suffering from the Great Depression. It involved a massive public works program which brought about immediate economic relief, as well as reforms in industry, agriculture, finance, water power, labor and housing.

Drastic measures are necessary at this point in time. Legislation called the “Green New Deal” has been introduced in Congress. Just like the first “New Deal”, heavy investment by the federal government in green manufacturing could bring about a long period of widely shared economic growth. Profound changes to transportation, housing, energy, agriculture, forestry and more could avert climate breakdown.

This new deal is counter to the current system in which corporations produce huge profits from fossil fuels. However, it could return power generation to local or community control. It could bring needed jobs and investment to communities which have been ravaged by fossil-fueled power.

Governor Tony Evers recently showed his determination to address climate change by committing the state to use 100 percent carbon neutral energy by 2050. His order includes the creation of the Office of Sustainability, which Republicans had stripped from his budget.

This is our planet. Future generations are counting on us to preserve it. Only bold plans will reverse the global warming that is destroying God’s creation.

Jan Koch, Shawano

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