Well, the Obama nation is beginning to fade. So far his colors are still vibrant, but a savvy eye can begin to see the hints of a color shift. Mr. Obama has made his first major blunder in the public eye. Some of his cabinet selections ran fast and loose with their own finances; just as all partisan players, Democrat and Republican, tend to run fast and loose with the truth in politics.
Perhaps this was not entirely a mistake by Mr. Obama. Perhaps he knew some of his partisan selections were going to crash and burn under public scrutiny. Perhaps he was simply clearing the way of required political “favors owed” so that he could be free to select the candidates who might support him directly, rather than partisan stalwarts. We can only hope.
As well, the Democratic House has made their first major blunder by passing something they called an “economic stimulus” that does not seem to have any innovative ideas, and perhaps very little real stimulation. The bill, instead, seems to prop up the same failing institutions that got us into this mess… as well as a lot of cash for the Democrat’s favorite programs. Most people have not read this bill; perhaps even the very people speaking to you about it on the evening news. I have. You should too. Check it out at:
http://appropriations.house.gov/pdf/PressSummary01-15-09.pdf
It contains stuff like “saving public sector (government) jobs”, plus plenty of favorites that may have an effect in the long term (more money for education, arts, infrastructure, & technology) but only a few line items that seem to have any possibility of some short term and medium term (IE the next 5-10 years) effect. How can they call this a “Stimulus Package”? Call it instead, “The Democratic Wet Dream Bill” that allows them to mortgage our economic future under the guise of our current emergency.
Now don’t get me wrong. I’m all for infrastructure, technology support, and education. But I think that we should do these things when we can afford them, in the open, and NOT try to fool the American public into thinking that this pile of pork and very long-term investments is something that it is definitely NOT.
So WHAT, might you ask, WILL stimulate the economy? If the government spends a bunch of money on the arts, for instance, won’t that help? The answer, of course, is “most likely not”. Each tax dollar you take away from a citizen or a business keeps those entities from potentially spending those dollars on some thing else. So, every dollar sucked out of your and my pocket keeps us from buying the widget we have had our eyes on, that would support our local retailer, that would support some manufacturing company somewhere, that would support their suppliers, and so on.
Not only does the government take this dollar from us to keep us from spending it the way WE want, they skim off the top up to some 40% to 60% for their big bureaucratic expenses. What the artist sees at the back end of this process is only a portion of your dollar. About the only clear winners in this game are the handful of artists and helpers who are lucky (and politically correct enough) to be “stimulated”.
Government actions that can stimulate an economy must go far beyond simply spending taxpayer dollars.
So WHAT, might you ask again, WILL stimulate the economy? Well, I don’t claim to be an economist. I say that proudly, because economists seem to be a pack of drunken lemurs that have more internal strife and general disagreement than… well than the Democratic Party. My view of the economy is simple: we are like a giant traffic jam… say, a giant traffic jam on the beltway that surrounds Washington DC. Filled with cars and trucks of all sizes, the cops are trying to get people moving. We haven’t completely stopped; we are all creeping along. As more cars and trucks break down or run of gas, the road slows down even more. Sure, you could eventually open up a short-term space on one end of the beltway by building a big new section of roadway; sure you could make a special lane for “artists cars and government workers”, but the rest of us will still be plodding along as our radiators burst or our gas tanks run dry.
To stimulate this traffic jam of an economy, you have go to do several things at once.
1) First, and foremost, you have to remove as many roadblocks as you can. Get rid of the construction sites during rush hour; focus on using the roadway you have when you need it most. Red tape and as much tax as possible should be removed. Businesses & investors, the big and small trucks, are the lifeblood of the economy because they make the jobs that everyone lives on… so you have to give them room. Perhaps you need to make a special lane for them. Perhaps you need to create a fast-lane national fund to stimulate small and medium sized businesses, and make the process to get the loan a quick one. A low-interest loan fund for small business would create millions of vital new jobs within weeks. Bailing out the automotive industry simply saves thousands doomed jobs for a little time.
2) Tow Away The Creeping Hulks. Certainly don’t throw money at just the massive, rusty, badly maintained tandem trucks of the automotive industry and banks on Wall Street! You need to create stimulus across the board. Letting these huge broken down behemoths trundle along the road instead getting them off the road (and then just letting them get towed) is a mistake. Someone else, some savvy entrepreneur in a fleet of small trucks, will take their space if given half a chance, and the economy will run better for it.
3) Get the cops out there to direct traffic, speak confidently, and enforce the laws! Pull over the speeders, those expensive sports-car businesses that willfully played games which threatened the economic safety of us all, and keep them off the road. Create a positive mood. Let people know where they can get into detours and alternate routes. Get linked up with other roadways, other national governments, to encourage more global trade. The more we lock down the borders of our roadways, the more gridlock is created. We live in a global economy now, like it or not.
Will these steps really work? I don’t know for sure, but I sure have spent enough time in traffic jams. And I think that my approach has as much merit as any of the drunken lemur economists.
A final note to President Obama
Dear Mr. President,
You are still in a position to create the positive mood, which will help encourage the traffic of the economy. You, more than anyone else in the entire nation, have the positive will of the majority of the nation behind you NOW, FOR A LIMITED TIME.
So, PLEASE, Mr. Obama, stop playing partisan politics. Please start working with the smart players of both parties. Work with the Senate to strip the 2009 stimulus bill of everything except that which will truly stimulate, and add in more real stimulation.
Because now even more we need you, your vision, and your powers of inspirational leadership. Because we are now still, for a limited time, your Obama Nation.
© AlasdairCelt 2009