Dealers must become political activists


Is anyone feeling what I’m feeling? The unprecedented level of deficit spending in the name of “stimulus” has us headed for huge troubles?

Now, there is reportedly talk in Congress about another stimulus bill! Good grief, we haven’t even seen 25 percent of the first stimulus bill actually move into the economy, yet. But, we keep borrowing at a mind-boggling pace. So, why not borrow more! We could, for example, add some big new entitlements like the aptly-named “ObamaCare” health plan that many economists say will permanently put a drain on the nation’s economy that could never be paid off. This is hardly the time for it.

Virtually anyone in the White House or Congress can stand at a microphone, make a slick speech and promise they're going to lend and spend trillions of dollars to make everything fine. But, after the laws are passed or the policies announced, what happens in reality isn’t necessarily what’s promised. For example, the total tally of the government's bailout and stimulus commitments is now something like $14.7 trillion and that’s not an absolute number. We’re already running the biggest flood of budgetary red ink any country has ever known!

The real question now is whether this country can manage such an enormous public debt burden and still claim a viable economy? The answer: Probably not, unless one of two things happens to pull us out of a great black hole:

1. Congress and the Obama administration really clamp down hard on spending and, thereby, dramatically slow the flood of red ink. Can you say: “When pigs fly!”

2. Or, the stimulus/bailout plans are so successful they offset all the credit, real estate, 401K and low consumer spending problems, resulting in windfall tax receipts that pay off our debts. Can you say “drug induced!”

With neither scenario likely, there’s only two other ways for our government to limit the size of the accumulated debt -- allow inflation to reduce it, and tax its way out of it! By all accounts, inflation is just over the horizon and dealing with it will put the hurt on interest rates and economic recovery. And, taking tax dollars away from businesses and citizens will result in degrading, not improving, the economy.

So, what do we do about it all? First, what’s done is done. We’re committed to the first stimulus bill but that money needs to flow far more quickly to the projects that will directly put people to work (redirect all the social pork in it). Next, we need to stop the administration and Congress, currently a runaway money train. We do it by becoming politically active. No, I’m not suggesting protest marches. Read on.
If politicians don’t have anything else going for them, they do have a keen sense of self-preservation. But, as constituents, we fail to inform our representatives of what we want and put it in terms that cause them concern about their own political survival.

Sadly, the truth is we marine dealers rarely, if ever, make a call, send a letter or email to our representatives demanding they act on our behalf as we believe they should! But the time has come for us to become political activists by making our voices heard in Washington offices. It’s time to rise up and say enough is enough – they need to get control of spending, postpone new entitlement programs, demonstrate fiscal responsibility and reduce taxes on business and citizens.

“You cannot help the poor by destroying the rich, and you cannot lift the wage earner up by pulling the wage payer down," Abraham Lincoln said, and he was right! We need to actively tell our representatives in Washington and we need to do it now.


Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.

BoatUS, USPS Resume Safety Checks

The groups are offering the service during safety events, or boaters can conduct the inspection using an online guide.

Stepping Up the Pace of Relief

A positive jobs report, 3 million vaccinations per day and consumer confidence point toward economic recovery.

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.