Obviously supply side economics doesn’t as
it was what caused our modern debacle despite folk like Romney and Ryan still
promoting it. Didn’t work under Reagan, Didn’t work under Bush, just doesn’t
work.
Obama wants to tax the rich, which is not a
bad think as they have stolen the wealth of the country during the supply side
economics of the past 30 years. But that just scares folk to death, small
business (real small business not those parading around as them.) So, all the
fear mongering on both sides of the issue, just keep the economy stagnant.
If we as a country had the guts of the folk
in FDRs day and put together a real stimulus plan, ( ours did work just not
enough), we could be on our way and the infrastructure and we would benefit.
Economics is about psychology as well as
sound economic thinking. Keynesian economics worked because it was a sound
policy and folk believed in it. The government does play and tremendously
important role in keeping the economy even but now we just have a bunch of
government haters on both side of the aisle because it is easier to condemn
that to do something.
A key to economic growth includes restoring
confidence in the government and reaching out to solve problems rather than
just trying to defeat each other. It means get special interests and the
millions of dollars out of the electoral process so the people can be heard. It
means folk need to be educated in basic economic and civics. It means learning
how to develop trust and cooperation among people.
The America people seem to have become
totally schizophrenic. We are a wonderful people who are capable of wonderful
things. And, we are total self-centered ignorant butt-heads who deserve the
leadership we have. I love my country and hate what it is doing. The hairs
stand up on my back of my head when the national anthem is play and I am
embarrassed by national and local political conversations. I think than Romney,
Ryan, Obama, and Biden and good and honorable men who sincerely believe they
can help the country the best. Romney and Ryan scare the hell out of me because
I think they could literally destroy the country beyond repair. Obama
disappoints me because he just can’t get the job done and misses golden
opportunities; perhaps it can’t be done. Both sides are far too friendly with
the money/power brokers who have too much control over all branches of
government.
Can I fix it? No, but I’ll keep writing
blogs and hoping and civil conversation will develop and we can get back on
track and live the dreams and visions of our countries creators as well as the
dreams and visions of broad based thinkers today.
IMO, the economy began to skew in 1973 and the reasons seem
ReplyDeletequite clear . I haven't read the Hedrick Smith
book yet, but it would seem to concur. The cure?
...good question. As long as we worship the businessman rather than the producers, consumers, teachers and thinkers..we will continue to get what we deserve.
Ah, most excellent links. But now I have to buy another book ~ looks great. I agree with the remedy issue problem.
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