ECONOMIC STIMULUS?
Try credit card restraint
So if the country just starts spending again, we will nip this recession in the bud, or so say the feds.
What is different about this economy, from when I was a student in the '60s? The school curriculum included art, music and phy ed; activity buses chauffeured us free of charge. College was affordable. In 1969, Century College, then Lakewood Junior College, was $5 per credit. Health care benefits were available even at part-time jobs.
Credit cards existed, but were a convenience for businessmen. We indulged in an ancient practice called layaway, which employed a concept called delayed gratification. Here's how it worked: You chose an item you wanted, put some money down, and the store held it for you while you made payments. You did not possess the item until it was fully paid for!
Now, every family has its own personal instrument of instant gratification, the credit card, and as a result the economy is floating on a sea of debt. No longer can we afford to invest in our schools and infrastructure. Just how does a tax rebate solve this problem? Why not give a tax break to folks who pay down their credit card debt? That idea is so naïve as to be hilarious, isn't it?
Americans realize the credit card industry controls Congress, not vice versa, and we accept this with cynicism and resignation. But if anything is going to change, it has to start with us realizing that we cannot be placated forever with more possessions. Are we really happier than we were in the '60s? In the long view, we need to reduce our consumption and start saving and investing in America again.
MARILYN ULRICH, ST. PAUL
ANXIOUS ABOUT ACETOCHLOR
Did MPCA get duped?
It is unsettling to read about the Minnesota Pollution Control Agency lowering its standard for the amount of the chemical acetochlor allowed in our state's rivers (Star Tribune, Jan. 22). This lowering of the standard was based on six studies brought to the MPCA by two major chemical companies -- Dow and Monsanto.
One wonders how much research MPCA did on these studies to determine the background of the authors and the origins of the research. Further, MPCA made these changes without new review or comment opportunities. These companies are used to success in Washington, D.C. They must have thought it a piece of cake to influence Minnesota to their way of thinking -- at least they were right about that.