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Letter to the Editor

BY DI READERS | NOVEMBER 05, 2010 7:20 AM

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The challenges facing elected officials

I would like to congratulate Sen. Bob Dvorsky, D-Coralville, on his re-election. This outcome was never in doubt; I never expected to win and am thrilled with having obtained 25 percent of the vote.

I decided to become a candidate with two other goals in mind: to raise the profile of libertarian ideals and to discuss our unsustainable economic situation. The challenges for Dvorsky are much more formidable than the goals that I set for myself, and I wish him all the best in his efforts.

We are far from a full economic recovery. In saying so, I rely upon the opinions of those who foresaw the current economic crisis and largely dismiss the estimations of anyone who was caught unaware (including most of our politicians). The fundamentals of our national economy are decidedly unsound. We have insurmountable debt burdens; unsustainable spending on defense, education, and social programs; and the very stability of our currency is in jeopardy.

It is difficult for many to imagine that we could have anything but a robust, perpetually expanding economy. Although frequently ignored advice, it is economic fundamentals, not past performance, that dictate future performance. Unfortunately, as outlined above, the fundamentals of our economy are unsound. Just as with the housing bubble, it takes only a sudden, unanticipated change of perception to precipitate another economic crisis.

Nonetheless, I am optimistic about the future if we will acknowledge and confront the issues before us. This is a role that our elected officials are called upon to fulfill.

Understand the perils we face, from unsustainable debt to the inevitability of peak oil production. Recognize that revenues will likely continue to fall and that government will not be able to honor all the promises it has made. Realize that perpetual growth is simply not possible on a finite planet with limited resources. Tell us what we need to hear, not simply what we wish to hear. Strive to create a world worth inheriting.

Christopher Peters
former Libertarian candidate, Iowa Senate District 15


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