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Posts Tagged ‘Pope Francis’

Cornwall Alliance: Climate Denier’s Adjectives

Tue ,09/01/2024

The Cornwall Alliance was originally created to help Third World countries deal with climate change. However, it has been taken over by E. Calvin Beisner, who uses it to spread climate change denial using pseudoscientific and religious arguments. You can identify climate change denial by the adjectives and adverbs used.

Beisner: One recent example is the announcement,” Cornwall Alliance Director of Research and Education exploded all kinds of myths about dangerous, manmade global warming/climate change …” .

#The Director of Research referred to is David Legates. As described by Wikipedia, “Legates has spent much of his career casting doubt on the severity of climate change and the human causes of warming. He is affiliated with the Heartland Institute, a think tank that promotes climate change denial.”

Beisner: “Bad Climate Data Brings Wrong Conclusions”, which says,”Two new internationally peer-reviewed studies published in major scientific journals have documented misleading Northern Hemisphere temperature data and attribution analyses indicating inadequate considerations of Urban Heat Island influences and dominant influences of the sun in producing warming and cooling changes.”

#Certainly, cities are much warmer now, but they have little effect on worldwide temperatures. Beisner is correct that the Sun, through the Milankovitch Cycles , have a dominant effect on the Earth’s temperature. However, the Milankovitch cycles predict that the Earth should be cooling slowly for the next 20,000 years. But it isn’t. See the illustration above.

Beisner: “Climate Catastrophists at the UN Global Climate Summit Are Exploiting Religious Leaders. What is happening at the United Nations Climate Summit? Apparently, a lot of exploitation of religious leaders. Unfortunately, most of these leaders, including Pope Francis, seem far too eager to be exploited. ”

#Pope Francis is a chemist and believes the predictions of climate science. If anyone is exploiting religious leaders, it is E. Calvin Beisner.
Beisner: “Arctic ice at decade high level: can Doomsayers explain? ”

# There is no need to explain. This is just the denial of scientific research. NASA reports that Arctic sea ice extent is shrinking by 12.2% per decade due to warmer temperatures.

Beisner: “On the same day that Hurricane Hillary brought record rainfall to Los Angeles, a magnitude 5.1 earthquake occurred in nearby Ojai. “To the truly enlightened, these rare disasters should serve as a warning from on high that the Golden State is headed for a massive downfall – punishment for trying to force smog-fighting electric vehicles on smog-free America.” 

# Wow! Divine retribution for trying to reduce air pollution. And, America is not “smog free”.

Beisner: “Pope’s Climate Harangue Shows that He Should Stick to Theology and Leave Climate Policy to Those Who Follow Facts”.

#As noted above, Pope Francis is a scientist and is certainly qualified to speak on climate policy. Apparently, Beisner considers his own religious views to be the facts.

Beisner: “World leaders continue experiencing a dangerous delusion of a global transition to “just electricity” that they believe will eliminate the use of the crude oil…”

# Oil is a valuable natural resource, and no one is recommending that we completely eliminate its use or transition entirely to ” just electricity”. The carbon dioxide and plastics we produce from oil are threatening the Earth and its ecosystems. We should begin conserving petroleum for future generations and transition to other sources of energy as quickly as possible.

Beisner: “Try to forget for a moment that wind and solar are unreliable, intermittent, weather-dependent sources that can’t be scheduled to provide power when needed most — like maybe recharging a gazillion new government-mandated electric vehicles on windless nights.”

# There are a few exaggerations there. We should remember that during winter storm Uri, wind and solar provided energy as usual, while gas, coal, and oil sources froze up. We need a mix of energy sources to handle emergencies and to use while transitioning to renewable resources.

Beisner: “Wind Unaffordable and Costs Common Sense”.

# The costs of renewable energy projects are now less expensive than even the cheapest coal and gas fired power plants. As to environmental costs, Nicholas Stern, former chief economist of the World Bank, used the results from formal economic models to estimates that the overall costs of climate change will be equivalent to losing at least 5% of global GDP each year, now and forever. And, if not addressed immediately, the cost of mitigation and damages could rise to 20% of GDP by 2050 – with the additional cost and risk of an environmental catastrophe.

Beisner: “Thailand’s Tiger Turnaround Contradicts Climate Fearmongering“. Tiger populations in two of Thailand’s wildlife sanctuaries grew from 42 in 2012 to about 100 in 2022.” This defies the climate-obsessed mainstream media’s doomsday narrative which blames anthropogenic greenhouse gas emissions for declines in animal numbers and even extinctions.

# Conservationists managed to increase the Tiger populations in Thailand, and Beisner claims it disproves global warming. That is a bit of a stretch.

Beisner: “Knowledge shared is power multiplied. Together, we can give the gift of knowledge that will empower men and women around the world with the confidence and tools to confront the irrational climate alarmist policies that will ultimately harm the poor.”

#While it is the richer nations that emit most of the greenhouse gases that are causing climate change, it is the poorer countries that suffer the most from the droughts, floods, and extreme weather. Although E. Calvin Beisner professes concern for the poor, there is little evidence that he has actually done anything to help them. Although Beisner collects money from churches and donations from his website to help the poor, Charity Navigator reports that the Cornwall Alliance does not donate enough to be evaluated as a charity.

(c) 2024 – J.C. Moore

Global Warming: Alarmism Versus Denial

Sat ,19/02/2022

Fossil fuel companies knew in 1979 that carbon dioxide emissions would cause the Earth to warm, creating undesirable consequences for the Earth. By 1981, the Exxon scientist concluded that the burning of fossil fuels could be catastrophic for some of the world’s population by 2030. The choice between huge profits and the possibility of harming the Earth and its inhabitants was a tough ethical choice for Exxon’s scientists, but not so much for management. They launched a campaign to keep the truth hidden and to keep themselves from being regulated. Their main strategy was obfuscation and denial.

Evangelical Christians were some of the first to become concerned about how global warming would impact the Earth’s population, mainly the poor. Genesis 1:28 says, ” Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth.”  Generally, those who argue for Christian stewardship think that “dominion” means “benevolent rule”. The Interfaith Stewardship Alliance, in 2000, developed the Cornwall Doctrine. Its main goal was to address the challenges faced by indigenous communities and the poorer countries as they faced climate change.

In 2008, the Cornwall alliance was taken over by Dr. E. Calvin Beisner, a Dominionist, who interprets the scripture to mean “subdue and exploit”, an interpretation which is received quite favorable by oil companies. Beisner argues that we should take what we wish from the Earth, without regard to its effect upon the environment. As far as the catastrophic effect on some of the world’s population, Beisner assuages his conscience by claiming that efforts to limit carbon emissions are actually harming poor countries by denying them fossil fuels. Poor countries do not have the resources or the infrastructure to use fossil fuels and distributive energy sources, such as wind and solar, would be most useful to them. And, indigenous communities will be hurt the most. The way of life that has sustained them for centuries is now being disrupted by climate change.  They do not have the resources to withstand prolonged droughts or protect themselves from sea level rise or flooding.

Beisner uses religious arguments as the apparatus of justification to reach out to conservative Christians and solicit donations. There is little evidence that the money goes to the poor. Charity Navigator says, “This organization cannot be evaluated by our Encompass Rating methodology because it files Form 990-N, as allowed by the IRS for charities with less than $50,000 annual revenue.” The Cornwall Alliance is funded by dark money and there is no way to establish how much money it collects, who supports it, or how the money is used. Critics of the Cornwall Alliance have accused the organization of being a “front group for fossil fuel special interests,” citing its strong ties to the Committee for a Constructive Tomorrow, which in the past was funded by oil industry giants such as Exxon-Mobil and Chevron. 

Beisner uses “climate alarmist”, in a pejorative way, to describe the 99.5% of climate scientists who know that climate change is caused by man’s activity. Of course, scientists are alarmed as Beisner, and others like him, are part of a disinformation campaign to keep governments from taking action on climate change. E Calvin Beisner does not like being called a “denier”, but denying scientific evidence is his main way of dealing with those “science alarmists”. And, he uses religious arguments to bolster his position.

Beisner is quite concerned that Katharine Hayhoe, an evangelical Christian, is infringing on his territory. Dr. Hayhoe is a Canadian-born climate scientist now living in Texas. She is excellent at communicating complex ideas, and her website and her recent book, Saving Us, are excellent primers on climate change, understandable to a non-specialist audience. Her explanations are not just limited to science but extend to religion, politics, and behavioral psychology. I sent a copy of her book to E. Calvin Beisner. He sent me a nice thank you for the book and said he hadn’t gotten around to reading it yet. Along with the letter were enclosed, not one, or two, or three…., but nine articles criticizing Katharine Hayhoe. The articles claim she is entangled in climate idolatry, has no business venturing into theology, is a climate alarmist, is wrong about global warming affecting the weather, and implies she could not believe in God and also man-made global warming. Beisner is sure these are true, even though he has not read her book.

Beisner likes to use religious arguments, but his views are at odds with both religion and science. Apparently, he has very little understanding of ecology. Pope Francis’s encyclical on ecology, Laudato Si, says that “climate change is real and mainly a result of human activity.” “The problem is urgent. Never have we so hurt and mistreated our common home as we have in the last two hundred years.” Beisner claims that Pope Francis was just wrong, probably news to most Catholics. Beisner’s position is even at odds with his own Presbyterian faith. The Presbyterian Church is now recommending divestment from fossil fuels and it was one of the first churches to address global warming. The Presbyterian Church first noted its “serious concern over global warming at the 1990 General Assembly, when it warned that the global atmospheric warming trend (the greenhouse effect) represents one of the most serious global environmental challenges to the health, security, and stability of human life and natural ecosystems’’.

E. Calvin Beisner is certainly right about one thing. Scientists are alarmed because they understand that we are beginning to reach a tipping point from which we will never recover. Scientific models claim we have till about 2030 to reduce our carbon emissions – or the oil companies’ early predictions of catastrophes will come true. Beisner often dismisses any predictions about the future made by scientists by claiming they are based on computer models. However, computers are the way we now store and process information and models are the way that scientists understand complex systems. And, the Cornwall Alliance serves as a good model for understanding global warming denial. 

(c) 2022 JC Moore – all rights reserved.

Please Nominate Your Candidates for the 2015 Environmental Hall of Fame/Shame Awards

Sat ,02/01/2016

It is important that we keep in mind those who have most affected the environment by words or action.  Each year, this site Earthrise2takes a poll to find those most deserving to be in the Environmental Hall of Fame and the Environmental Hall of Shame. Please send  your nominations  for  each category by e-mail through the “Contact the Author”   link or put it in the comment section . If you would, please include a short reason that your nominee should be chosen and suggest a suitable gift if they win.

Nominations will be taken until January 31st, 2016. The nominees will then be  listed  and this site will conduct a poll to determine the winner in each category.   You may suggest a suitable prize for your nominee. Please be imaginative, as particularly thoughtful or humorous  nominations will  be recognized and published on this site

Past years winners and their awards were:

Hall of Fame Winners – Award

2014       Pope Francis  – for his Protect Creation efforts.  – A strong agreement from the Paris climate conference.

2013       Bill McKibben, founder of 350.org – Many new members so subscribe to his  weekly newsletter .

2012       President Barack Obama – A little coöperation from Congress, so please write your Representatives.

2011        James Hansen – A massive presence at the 2012 Citizen’s Climate Lobby 

2010        RealClimate.org  – A recommendation from this site. ( Priceless)

2009       Benno Hansen,  ThinkAboutIt Blogger – A Subscription to Science News.

Hall of Shame 

2014    Freedom Industries ( Gary Southern ) –  A prison cell with drinking water from the Elk River he polluted.

2013      The Koch Bothers -A boycott of their products: less money, less lobbying.

2012       Donors Trust and Donors Capital Fund – An IRS investigation of their of their tax-exempt status.

2011        Halliburton (Cheney) –  A big glass of water from a well next to a hydrofracking operation.

2010        Koch Brothers – A petition to the Wizard of Oz for  the grant of a social conscience.

2009       SpaceGuy,  Newsvine Blogger – The movie Wall-E,  representing his view of the future of Earth.

 

(C) 2015  J.C. Moore

Paris Climate Conference: Pope Francis and CEOs Urge Action

Fri ,23/10/2015

On his world tour, Pope Francis called on world leaders to address climate change in November at the Paris Climate Conference. eiffelIt is not just religious leaders and climate scientist who are concerned, but business leaders who are aware that climate change will hurt the world’s economy. A recent study, published in the journal Nature, found that temperature change due to unmitigated global warming will leave global GDP per capita 23% lower in 2100 than it would be without any warming.

Joining the call for action on climate change are companies such as Nike, Walmart, Goldman Sachs, Johnson & Johnson, Proctor & Gamble, Salesforce, Starbucks, Steelcase, and Voya Financial, all who have adopted a goal of 100 %  renewable energy.  Food Companies are concerned that climate change is threatening our food supply. CEOs of Kellogg’s, Mars, Dannon, Ben & Jerry’s, Stonyfield Farms, and Nestlé have signed a letter urging US and global leaders to “meaningfully address the reality of climate change.”

By this week, 81 big-name corporations representing 9 million employees and $5 trillion in market capitalization have signed on to the President’s “Act on Climate” pledge.

 

THE AMERICAN BUSINESS “ACT ON CLIMATE PLEDGE”

 “We applaud the growing number of countries that have already set ambitious targets for climate action. In this context, we support the conclusion of a climate change agreement in Paris that takes a strong step forward toward a low-carbon, sustainable future.

We recognize that delaying action on climate change will be costly in economic and human terms, while accelerating the transition to a low-carbon economy will produce multiple benefits with regard to sustainable economic growth, public health, resilience to natural disasters, and the health of the global environment.”

 

The list of the corporations taking the pledge and a summary of their pledges are listed in this White House fact sheet. Their pledges set ambitious, company-specific goals such as:

Reducing emissions by as much as 50 percent,

Reducing water usage by as much as 80 percent,

Achieving zero waste-to-landfill,

Purchasing 100 percent renewable energy, and

Pursuing zero net deforestation in supply chains.

Most importantly, these companies set an example to their peers who will be asked to sign onto the pledge before the Paris Conference.

The plan to reduce emissions with broad bipartisan support in the US is the carbon fee and dividend as proposed by the Citizens’ ccl1Climate Lobby. Their proposal would place a fee on carbon at the source and allow market forces to encourage reduced emissions, energy conservation, and investments in renewable energy. The carbon fee is not a tax as proceeds would be distributed equally to every household as a monthly energy dividend. It would effectively stimulate the economy and add an estimated 2.8 million jobs over the next 20 years. What could be a better plan?

 

(c) 2015 J.C. Moore

The 2014 Environmental Hall of Fame/Shame Winners

Fri ,06/03/2015
The picture at the right was taken from the Apollo spacecraft as the Earth rose above the horizon of the moon. It Moonreminds us of how beautiful the Earth is, how small and finite it is in the universe, and how important it is that we protect it. This contest was designed to identify those who work to protect the Earth and those who would damage it through their actions. The 2014 Environmental Hall of Fame/Shame contest was carried out on four websites and the votes were combined to determine those who have most affected the environment.

The 2014 Environmental Hall of Fame Winners:

1. Pope Francis (55%) – for his Protect Creation efforts. He is preparing a comprehensive Vatican teachings on climate change, which will urge 1.2 billion Catholics worldwide to take action. He  also plans to convene a summit of the world’s main religions in hopes of bolstering next year’s crucial U.N. climate meeting in Paris. Hoped for Reward: A strong agreement from the climate conference.

2.  John Holdren (18%) –  a lauded theoretical physicist who is President Obama’s science adviser. He has been a strong influence on the Administration’s science policy and has been quite effective in shutting down Congressmen who deny the human influence on climate.  Prize : Election defeats  for all Congressmen who exclaim, “I’m not a scientist, but…” .

3. Boyen Slat ( 15%) – a 19 year old Dutch student/ inventor and founder and CEO of The OCEANCLEANUP . He developed a method for removing much of the 30 million tons of plastic entering the oceans annually, convincing 70 scientist to help, producing a 530 page feasibility study, and raising over 2 million dollars to start the project. Prize : A high price for recyclable plastic.

4.  Physicist John Cook ( 12%) for creating the Skeptical Science site in 2007 which conveniently catalogues all paid denier memes/propaganda and the scientific responses to them. He has posted a large number of articles and videos explaining the facts of climate science.  Prize: Ownership of WWUT, the major denier site.

The 2014 Environmental Hall of Shame Winners:

1.  Freedom Industries and its ex-CEO  Gary Southern (43%) – for contaminating the drinking water for 300,000 West Virginians. They have been charged with multiple violation of the Clean Water Act related to polluting West Virginia’s Elk River, including a massive chemical spill this past January that saw 10,000 gallons of a coal-cleaning chemical called crude MCHM dumped into the river. Award: A prison cell with drinking water from the Elk River.

2. Senator James Inhofe (31%) who claims “climate change is the biggest hoax in history”. He has compared the United States Environmental Protection Agency to a Gestapo bureaucracy, EPA Administrator Carol Browner to Tokyo Rose, and now he’s chairman of the Senate Science Committee. Award:  A path for the KXL pipeline through his backyard.

3. Tony Abbot (19%) – Australian Prime Minister who led the repeal of the carbon tax, even though Australia is one of the world’s largest polluters per capita and is facing serious changes to climate and weather systems as a result of global warming. The Guardian described it as “an act of gross moral negligence to the future prosperity of this country and future generations.”  Award: A million lumps of coal for next Christmas, delivered to his front yard.

4. Dr. Richard S. Lindzen (7%)  – Senior Fellow at the Cato Institute who  described the recent U.S. Senate climate vote as a bizarre and ludicrous “attempt to hijack science for political purposes”. The Cato Institute is a part of the Climate Change Denial Machine, and the “focus his work is on the interaction between climate science and policymakers”. Once a fine scientist, denial for political purposes is now Dr. Lindzen’s job and he knows enough to sound impressive as he disputes accepted science. Prize: A trophy engraved “Outstanding Climate Science Hypocrite Award”.


It is important that we keep in mind those who have the greatest impact, for good or ill, on the environment. I wish to thank those who provided the nominations, the prize suggestions, the insightful and humorous comments, and the votes to determine the winners. As this year goes by, please take note of those you wish to nominate for the 2015 awards.

(c) 2015  – J.C. Moore

Poll: Vote for the 2014 Hall of Fame and Hall of Shame Candidates

Sat ,07/02/2015

Thanks  to those of you who entered nominations. The four top candidates have been selected from Moonthose nominated by readers. Please help select the winner by voting for the nominee who you think has most affected the environment for good or ill.  If you will, please post a reason for your vote and a suggestion for other suitable gifts for your favorite candidate. Some great gifts have already been proposed. The author will buy the gifts from his blogging earnings, so please don’t worry about the expense. Voting will  close and the winners announced on March 7, 2015.

Please  put your choice as a comment or take the poll at this site.

Hall of Fame Nominees

1.  John Holdren –  a lauded theoretical physicist who is President Obama’s science adviser. He has been a strong influence on the Administration’s science policy and has been quite effective in shutting down Congressmen who deny the human influence on climate.

Prize : Election defeats  for all Congressmen who exclaim, “I’m not a scientist, but…” .

2.  Physicist John Cook for creating the Skeptical Science site in 2007 which conveniently catalogues all paid denier memes/propaganda and the scientific responses to them. He has posted a large number of articles and videos explaining the facts of climate science.

Suggested Prize: a nomination for the Nobel Peace Prize.

3. Boyen Slat – a 19 year old Dutch student/ inventor and founder and CEO of The OCEANCLEANUP . He developed a method for removing much of the 30 million tons of plastic entering the oceans annually, convincing 70 scientist to help, producing a 530 page feasibility study, and raising over 2 million dollars to start the project.

Prize : a ban on disposing of plastic bottles in waterways.

4. Pope Francis – for his Protect Creation efforts. He is preparing a comprehensive Vatican teachings on climate change, which will urge 1.2 billion Catholics worldwide to take action. He  also plans to convene a summit of the world’s main religions in hopes of bolstering next year’s crucial U.N. climate meeting in Paris.

Hoped for Reward: A strong agreement from the climate conference.

 

Hall of Shame Nominees

1. Senator James Inhofe who claims “climate change is the biggest hoax in history”. He has compared the United States Environmental Protection Agency to a Gestapo bureaucracy, EPA Administrator Carol Browner to Tokyo Rose, and now he’s chairman of the Senate Science Committee.

Award:  a path for the KXL pipeline through his backyard.

2.  Freedom Industries and its ex-CEO  Gary Southern  – for contaminating the drinking water for 300,000 West Virginians. They have been charged with multiple violation of the Clean Water Act related to polluting West Virginia’s Elk River, including a massive chemical spill this past January that saw 10,000 gallons of a coal-cleaning chemical called crude MCHM dumped into the river.

Award: A prison cell with drinking water from the Elk River.

3. Dr. Richard S. Lindzen  – Senior Fellow at the Cato Institute who  described the recent U.S. Senate climate vote as a bizarre and ludicrous “attempt to hijack science for political purposes”. The Cato Institute is a part of the Climate Change Denial Machine, and the “focus his work is on the interaction between climate science and policymakers”. Once a fine scientist, denial for political purposes is now Dr. Lindzen’s job and he knows enough to sound impressive as he disputes accepted science.

Prize: a trophy engraved “Outstanding Climate Science Hypocrite Award”.


4. Tony Abbot – Australian Prime Minister who led the repeal of the carbon tax, even though Australia is one of the world’s largest polluters per capita and is facing serious changes to climate and weather systems as a result of global warming. The Guardian described it as “an act of gross moral negligence to the future prosperity of this country and future generations.”

Suggested Award: ??

 

Nominations were taken and votes will be taken from four sites. The  poll will close on March 7, 2015.

Please  put your choice as a comment or take the poll at this site.

 

 

 

Aristotle, the Pope, and Income Inequality

Thu ,02/01/2014

 

Aristotle, when comparing forms of government, pointed out some of the problems in a democracy. When the poor gain too much power, they will enrich themselves out of the public treasury and the nation will become poor. If the wealthy gain too much power, then the nation will become an oligarchy and the poor will suffer. Oligarchs insist that citizens be treated differently based on wealth, and they argue that wealth is a sign of virtue and merit, and that the poor are poor because they lack those qualities.  Aristotle concluded that: “A large middle class is absolutely essential for a stable and well-run government because the middle class do not covet rule, are not envious, foster friendship because of their similarity, and can act as neutral arbitrators between the rich and the poor.” –  Aristotle’s Politics

There is ample evidence that the middle class in United States has declined sharply, while the country has moved toward oligarchy, allowing the wealthy to enrich themselves at the expense of the middle class, the poor, and also the nation. The chart below shows how the income is now divided in the United States, with the top 1% owning 38% of the wealth and the top 20% owning 82% of the wealth. Not only is the distribution of wealth much worse than what people consider ideal, it is even much worse than what they think it is.

Wealth in Amer 2

According to Senator Bernie Sanders:

“While the very rich get richer, the middle class continues to disappear and we now have more people living in poverty than ever before.  Despite huge increases in technology and productivity, tens of millions of workers are finding it harder to feed their families, pay for health care, send their kids to college or put aside savings for retirement.” In recent years,  95% of all new income has gone  to the top 1%, we have seen a huge increase in the number of millionaires and billionaires. While the average American is increasingly unrepresented in  the political process, the very wealthy are spending hundreds of millions of dollars to justify their wealth and to convince voters to elect candidates who will further their interests.”

The  wealthy consider the money an investment which has paid off handsomely. It has bought tax breaks, loopholes, and subsidies. Many wealthy Americans are even reaping the lions share of many federal programs that were intended to help the poor and disadvantaged. 

Trickle Down economics  is behind the redistribution of wealth that began during the 1980’s, as shown in the chart at the right. Super rich incomeWhen President Reagan came into office in 1980 the top tax rate was 60%, a rate which the wealthy thought was much too high. Arthur Laffer developed the supply side arguments that led to taxes being cut using the Laffer Curve . Mr. Laffer convinced the Reagan Administration that lowering the tax rate would give the job creators more money to invest, which would stimulate the economy and lead to greater tax revenue. Reagan cut the top tax rate to 28%, which put more money in the hands of the wealthy, but little of it trickled down. The economy grew at 3.5%, a lower growth rate than when tax rates were higher, the wealthy got wealthier,  and the national debt almost tripled. The graph at the right shows a narrowing of the income gap when the Clinton administration raised taxes and a widening gap after the 2003 tax cuts.  

Following Laffer’s trickle down theory put the U.S. on a slow spiral into debt,  austerity, and income inequality. Tax rates are now clearly too low  and, according to the Laffer curve, raising taxes should stimulate the economy. Certainly, raising taxes sufficiently would end our national debt problems and the shameless practice of using the national debt for political purposes. However, Congress thinks the problem is that we have not cut taxes enough, and Paul Ryan has proposed a Congressional budget that would further decrease tax rates. Paul Ryan has proposed  reducing the top tax rate to 25%. The nonpartisan Tax Policy Center estimated Ryan’s budget would add $5.7 trillion to the deficit over the next decade and would increase the after-tax income of the top 1% of citizens by 18%.  His budget is a case of ideology trumping practical economics.

 Jobs: Congressman Ryan is still working under the assumption that trickle down economics works, and he argues that further tax cuts would create jobs. That argument is discredited by Nick Hanauer, a billionaire who has helped start many companies. He explained on Ted.com that the rich aren’t the job creators, as job creation now comes from demand, and the demand would come from a large  numbers of middle class consumers, a person making 1000 times as much as the average citizen does not buy 1000 times as much stuff. When someone calls themselves “job creators”‘, they are making a claim as Aristotle pointed out, on their virtue – the status and privileges they think they deserve.  Mr. Hanauer says the 15% taxes that capitalists pay on interest, dividends, and capitol gains and the 35% the ordinary citizen pays on their job earnings is hard to justify. He points out that of the inequality has been justified by the fallacy that ” as taxes on the rich go up, job creation will go down”. His data shows the opposite to be true. Tax vsjobsHe concludes that demand grows the economy, and taxing the rich to pay for investments that benefit all is the best thing we can do for the middle class, the poor, and for the rich as well.

The Pope recently spoke about the problem of economic inequality as it is worldwide. Many countries are in debt because of policies that favor the rich, and the remedy is too often austerity programs that hurt the poor. In his recently published Exhortation, Pope Francis warns the world against the idolatry of money and the false promise of trickle-down economics.
“Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about great­er justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

 “While the earnings of a minority are grow­ing exponentially, so too is the gap separating the majority from the prosperity enjoyed by those happy few. This imbalance is the result of ide­ologies which defend the absolute autonomy of the marketplace and financial speculation.”” Con­sequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control.  To all this we can add widespread corruption and self-serving tax evasion, which have taken on worldwide di­mensions. ” In this system, which tends to devour everything which stands in the way of in­creased profits, whatever is fragile, like the envi­ronment, is defenseless before the interests of a deified market, which become the only rule.” – Pope Francis

The IMF: Clearly, there are both sound economic and moral reasons that countries need to act for the common good by correcting income inequality. While the Pope acts to change hearts, the countries’ leaders need to act to make fairer economic policies, raise taxes, and cut out loopholes. The Guardian of financial orthodoxy, the International Monetary Fund, typically calls for nations in difficulty to slash public spending to reduce their deficits. But in this year’s Fiscal Monitor report, subtitled “Taxing Times”, the Fund advanced the idea of “taxing the highest-income people and their assets to reinforce the legitimacy of spending cuts and the fight against growing income inequalities.” There is both a moral and an economic imperative to do so.

(c) 2014 J.C. Moore