RICHMOND —
As the earth starts a new lap around the sun at midnight Monday, many will celebrate the passing of 2012, even with the uncertainty the new year brings.
The nation seems to be inexorably divided along ideological, regional and economic lines, even after a national election. Political leaders seemed intent at year’s end on waiting until the brink of calamity before agreeing on a path for the nation’s future.
After immense natural disasters, unspeakable tragedies, and an ugly political campaign, most of us will be relieved to close the book on 2012. The anxiety spawned by the real upheaval of recent years led some to buy into the false prophecy of the earth’s demise at the end of 2012.
Although the apocalypse didn’t begin on Dec. 21, the coming year will still not be a time for the faint of heart.
Often, we feel ourselves to be at the mercy of overwhelming outside forces. An economic crisis in Europe or Asia, or a war or revolution in the Middle East has an almost immediate affect on our lives. Regardless of how we brace ourselves, our lives still seem to be pushed about by the impersonal forces of nature and the irrational acts of humanity, both near and far.
However, the challenges we face are no greater than those of World War II and the Great Depression. There is a reason those who came through those times have been called the Greatest Generation.
They didn’t wither or whine in the face of adversity and expect to be rescued. Fortified by the core values of faith, family and community, they stepped up to the tasks before them. The prospect of success seemed remote, and many sacrificed their lives to the effort, but they brought their nation through to a brighter day.
We are finally realizing that those who promised we could “have it all” misled us. We have learned to be more content with what we have and do more with less, just as our parents and grandparents did.
The Greatest Generation is fast departing, but their example is one we best not forget.
Elections at the local, as well as the state and national level, brought some changes that may be reflected in approaches to our common challenges in the new year. It remains to be seen whether elected officials realize that our permanent interests rarely change, even if we disagree on how to attain them. I hope they will at least be willing to make incremental progress through sensible compromise and resist the madness of insisting on all or nothing.
An example of such reasonableness can be found in the agreement to fund continued work on the chemical weapons destruction plant at the Blue Grass Army Depot, even if overall federal spending by the stalemate in Washington.
President Obama and U.S. Senator Mitch McConnell pose as bitter political enemies, but the Senate minority leader and the administration were able quietly to forge an agreement that will keep work at the weapons plant from halting if the federal government goes over the so called “fiscal cliff.”
If they can do that on a small scale, why can’t they build on that relatively small success and work toward doing the same on large issues?
The same kind of cooperation will be needed when the General Assembly convenes next month in Frankfort and a new city commission takes office in Richmond.
State tax reform that could foster economic development will not be achieved through posturing or intransigence. The same goes for reform of the state’s underfunded public pension system.
There will inevitably be more diversity of opinion on the city commission as two newcomers take office, but no one’s interest will be served by working at cross purposes.
They city coffers, that once were bare, are starting to fill again. However, some monumental problems no longer loom over the horizon. They have become rude guests who won’t leave on their own.
Twice this year, water filled our streets and occasionally our homes after torrential rains fell. Systematically fixing the problem will cost more than $1 million a year for the next decade. Where will the money come from?
The new year will be interesting, if not difficult. It can be less difficult, even if less interesting, if elected leaders and the rest of us put the common good ahead of personal and partisan interest.
Viewspoints
Good riddance to 2012, even if 2013 promises more of the same
- Viewspoints
-
-
Slower rise in health care spending is a big deal
The sky isn't falling. The train is not wrecking. The end is not nigh. And to drag this out a bit, the tidings are not all bad.
The Social Security and Medicare trustees have spoken in their latest annual report: Social Security's not-too-serious condition remains unchanged from last year. But the outlook for Medicare, the more shaky program, has brightened modestly. -
Permission sometimes easier to get than forgiveness
Forgiveness is easier to get than permission, an old adage holds. But that’s not always the case.
In local government, however, it’s usually better to let everyone know what you’re doing and offer a convincing justification before taking action. -
CENTRAL KENTUCKY SHINES IN GLOBAL DEMILITARIZATION EFFORT
Too often, news is made when things go wrong. TV, print and radio and the internet are filled with worrisome headlines about international terror and wars, making it easy to feel confused, overwhelmed and helpless. But recently, Central Kentucky witnessed a positive development of which it can be proud: the attention from international disarmament leaders to our efforts to destroy lethal chemical weapons at the Blue Grass Army Depot.
-
Squawking about pension reform doesn’t make it so
Recently, I was a panelist on KET’s “Kentucky Tonight” program about the commonwealth’s public-pension crisis.
Much of the discussion reminded me of an annoying rhetorical tactic generally reserved for parrots, but often employed by cheerleaders for bigger, more -costly government: repeating the same nonsense over and over until viewers cave to the pure monotony. -
Americans deserve the IRS
Individually, Americans do not deserve to be subservient to such a fear-mongering, intimidating and powerful agency as the Internal Revenue Service; but collectively, we do. Let's look at it.
Since the 1791 ratification of our Constitution, until well into the 1920s, federal spending as a percentage of gross domestic product never exceeded 5 percent, except during war. Today federal spending is 25 percent of our GDP. State and local government spending is about 15 percent of the GDP. That means government spends more than 40 cents of each dollar we earn. If we add government's regulatory burden, which is simply a disguised form of taxation, the government take is more than 50 percent of what we produce. -
Graduation Day
It is that time of year again.
Some years ago, I was invited to speak at the graduation ceremonies of a liberal arts college. Later, many in the audience told me they expected a very political speech. Some of them were relieved; others were disappointed. I don't do politics at graduation.
Graduation is about life.
My high school graduation was OK. I gave a speech. My family was there, intact, probably as happy as they ever were (But did I know?). We went out for Chinese food afterward. -
Coal problem worth tackling in Washington and Frankfort
Despite hysterical cries from radical environmentalists, neither Sen. Rand Paul’s Defense of Environment and Property Act nor Sen. Mitch McConnell’s Coal Jobs Protection Act would allow activities that bring harm to Kentucky’s wildlife or waterways for the sake of propping up the coal industry.
-
Peter Perlman — Life lessons from a lawyer’s lawyer
One of the great moments of my life was sitting next to legendary Louisville attorney Frank Haddad at a luncheon when he learned he had received the first Peter Perlman Outstanding Trial Lawyer award from the Kentucky Academy of Trial Lawyers.
As they started his bio, the surprised Frank started crying like a baby. A sudden heart attack took him less than a year later. Winning the Perlman award was the crowning achievement of his career. -
Credit score insanity
Frequently, people stop me and ask me personal finance questions.
The most common is how to improve their credit history score.
If you need to improve your credit score, it means you have lousy credit. Before fixing the score, people need to ask how their credit got so bad to begin with. -
‘Tells’ about who will blow their money
Kentucky Derby week is one where gambling takes a forefront in my life. Along with the non-stop activities in my home state, I am speaking at a dinner for the Society of Settlement Professionals in Las Vegas and a film crew from Italy is flying in from Rome to interview me for a documentary about lottery winners.
- More Viewspoints Headlines
-



