Originally posted at http://www.libertyforall.net/?p=3716 by George Phillies:
Sometimes, change can be necessary.
I’ll start with the simplest of graphs. (Click on images to enlarge.) The graph below shows LNC income for the years 2000-2009. The value of the dollar changes in time. All dollar amounts are in 2009 dollars, adjusted for inflation.
If you find that graph familiar, it’s because LNC National Treasurer candidate James Oaksun just put up a similar one. You can read about his proposals, notably Zero Base Budgeting, at http://www.libertyforall.net/?p=3694
For the last decade, LNC income has been falling at 15% a year in real terms. That’s 12% a year without adjusting for inflation. Over the decade, real LNC income has fallen by nearly three-fourths. No wonder there is less and less money available for candidate and volunteer support.
Our members are as generous as always. The next graph shows LNC income in inflation-adjusted dollars (black circles) and our dues-paying membership (red line). The figures scales are on the left and the right. The two curves are very close. When membership goes up, so does party income. When membership goes down, so does party income. In Presidential election years, members are unusually generous, leading to the upward bumps in the curve.
So where are we going? Every investor in the country has heard the refrain: Past results are no guarantee of future performance. However, every successful investor has noticed successful firms that keep on being successful, not to mention vast numbers of badly-run companies that refuse to change until they die.
So what is the LNC’s present course? You can see that in the following graph. I show LNC Income from 1996 to the present. The bright red straight line is the best fit to the historical record. Yes, we could change course.
However, if we do not change our course, by 2016 or so our National Party will be out of business.
We need new policies, new leadership and new approaches to building our Party.
We need to focus on the future. We need to choose the directions in which we want to move. We need to choose the right people to help us move in those directions.
That’s why fine Libertarians from around the country are preparing to run for our National Committee this year. Some have declared. Others are likely to declare, especially if you cheer them on. They need cheering. They all represent a positive commitment for change in our Party, and merit your support.
Libertarians? I am talking about people including (in alphabetical order): Rachel Hawkridge, Joe Kennedy, Vicki Kirkland, Carolyn Marbry, David Nolan, James Oaksun, Jake Porter, Rob Power, James Remmert, Mary Ruwart, Charles Wilhoit, Scott Williamson, and Lee Wrights.
That’s not a complete list. It’s a good start.