Tuesday, May 31, 2011 The Michigan Daily - michigandaily.com (The Art c41-ant aili American Dream Edited and managed by students at the University of Michigan since 1890. 420 Maynard St. Ann Arbor, MI 48109 tothedaily@umich.edu BETHANY BIRON EDITOR IN CHIEF MARK BURNS MANAGING EDITOR TEDDY PAPES EDITORIAL PAGE EDITOR Unsigned editorials reflect the official position of the Daily's editorial board. All other signed articles and illustrations represent solely the views of their authors. Budgetary blunder Shortsighted state budget may hinder Michigan's future Just as the controversy of Republican Gov. Rick Snyder's tax overhaul was settling down, the Michigan Legislature passed a disastrous budget that will have negative impli- cations for years to come. Michigan's government may be mov- ing things along, but it is becoming clear that lawmakers aren't headed in the right direction. The tax overhaul was a risky step that increased taxes on the poor and pensions in favor of busi- nesses, and the new budget will create even deeper and longer- lasting problems in Michigan. If Snyder is trying to improve the future of Michigan, he must not pass this budget. The idea of the "American Dream" is perhaps the most cited and valued ethos that this coun- try subscribes to. First used by author James Truslow Adams in 1931, he defined it as "that dream of a land in which life should be MAX better and richer LEVENSTEIN and fuller for everyone, with opportunity for each according to ability or achievement." The American Dream is what originally separated the United States fromthe restof theworld. No longer did feudal or caste systems dictate the future of an individual's life. Equal apportunity pave each individualthe ability ta chase their dreams. Even for myself, a critic of most ideologies, this seems pretty appealing. The truth is, Americans still cherish the notion that all peo- ple deserve a fair shot atlifenomat- ter what economic situation they are born into. But how realistic is this dream? In the past few years, the nation has seen an increasing sentiment that theeraofstrivingtoownahome and have a successful career are over. I am somewhat skeptical of this view, but what if it were true? Perhaps home ownership will decline and all of our jobs will be outsourced over- seas. Does this mean the end of the American Dream? Absolutely not. Although it may be great to have these things, the dream is not about the things we can get, but about the opportunity to acquire them. As long as this opportunity exists and thrives, the dream is still very much alive. There is one problem: does the opportunity for individual suc- cess still exist? Equal opportunity cannot simply mean free markets and limited gov- ernment. In our realistic economic environment, with a demographic mixture of poor and wealthy citi- zens, there is no reason to believe that laissez-faire policy sustains this equality. We can't assume that the poor children of America have the same chance of success as their rich peers. Among other resources, better education is an opportunity given to the wealthy that the poor rarely have access to. Without these equal opportunities, the poor will usually stay poor, and continue to have limited abilities and resources to improve their future lives. In order to keep this American Dream alive, we have to equalize the opportunities of all Ameri- sans, or at the very least, reach some minimum point where even the poorest individuals have some chance to better their future. Pro- fessors Bruce Ackerman and Anne Alstott's book "The Stakeholder's Society" offers one such possibility to reach this point. They propose that all Americans should receive $80,000 upon reaching the age of 21 if they graduate from high school, no strings attached. Does equal opportunity exist? Imagine what impact $80,000 would have on an individual just beginning adult life. They could buy property, start a business or pay off college debts. Each citizen could decide how he will spend his funds, allowing for personal freedom and a viable opportunity for future success. Of course there will be those who fail and lose their moneyjust as many people do now, but this shouldn't detract from the importance of creating chances for all individuals. After all, the Amer- ican Dream does not guarantee success, but merely a fair opportu- nity for its achievement. As the $80,000 is meant to create opportunity, each citizen must pay it back to society (if possible) when he dies, thus creating opportunity for the next generation. It is there- fore not charity or a welfare hand- out, but a way of guaranteeing each citizen a chance for success. There is the worry of how to fund this program, but Ackerman and Alstott have figured out how to properly and reasonably do so through a 2-percent wealth tax. Is the American Dream dead? Not yet, but it definitely needs to be nursed back to health. I'm not say- ing this $80,000 plan is the only or even the best way to do so, but it's just one example of something drastic that needs to occur to keep the opportunity for individual suc- cess and the American Dream alive in the future. Max Levenstein can be reached at medl@umich.edu. ' 4 The budget's education cuts are the most devastating altera- tions that the Legislature approved. K-12 funding will be cut by 2.2 percent, though this number can be reduced if schools implement various Republican-favored initiatives. If, for example, schools require teachers to pay into insurance policies and pensions, they will get extra state funding. These demands will be hard to meet, especially in the immediate future. As schools adjust to the cuts, many students and teachers will be caught in the evolution of the system, and the students cur- rently enrolled will have to bear the brunt of these consequences. In a world that is placing increased emphasis on educa- tion, universities are essential to Michigan's progress. The brain drain is already bad enough in the state, but with less fund- ing for colleges, there will be less attending them, making Michigan far less competitive. A 15-percent cut is hardly a small reduction, and universities are going to have a difficult time making up this gap. Many stu- dents will be unable to attend a college or university because of the inevitable increase in tuition or the reduction in financial aid. It is crucial that people from all means receive access to higher education, but the proposed budget does nothing to facilitate this necessity. Welfare will also see its funds diminished, so poor families will have to find other ways to make ends meet. According to a May 27 Detroit Free Press article, under the state's current sys- tem, a family without a paycheck receives $492 per month. 15 per- cent of families will lose these meager benefits and will have to figure out how to sustain them- selves on whatever they have left. Considering the state of the economy, it's hard to imagine how these people will be able to enter the job market. The new budget also cuts the funding of Michigan correction- al facilities by 3.5 percent. In a state that spends more on pris- ons than education, this policy seems like a no-brainer. Yet even this initiative is tainted by poor alternatives. One cost-cutting measure is the outsourcing of incarceration to private prisons, which will only spur the growth of prison populations and the costs associated with it. Many Republicans are patting each other on the back for the speed with which the budget was passed, but it seems they opted for immediacy instead of quality. The Legislature may be taking policy measures to reduce the deficit, but each step falls short of real progress. Certain efforts may help Michigan in the short- term, but the long-term impli- cations do not bode well for the future success of the state. 0