Thursday, October 16, 2008

on the "change" that Obama and McCain promise

I really didn’t want to post anything here about politics, especially during the presidential campaign and election, but I have some observations and no other inspiration.

The third and final presidential debate is over. Neither candidate chose to tell the truth. The reason is probably because in their mind and in the minds of their handlers, the one who went with the truth would surely lose the election. It seems they believe Americans can’t handle the truth and are much happier being told fairy tales.

I just wish both of them had the huevos to say “Its bad. We are in a recession that will probably be deep and long. It will be a painful time for many, if not most Americans. It is a global recession and so we will not be alone in our misery. Recovery will be slow. It took a long time to get into this mess, and we will not get out overnight.”

The reactionary right in this country should be very happy with an Obama win. Recovery from this recession will require inflation. It will actually be deflation of the value of the dollar, but the visible effect will be things costing more, dollars buying less and incomes will not increase to offset the loss in buying power. This can be blamed on whoever is president during the next 4 year term, making it very easy to defeat him in the next election. No matter what government programs are dreamed up and set in motion over the next couple of years, it will be very hard for us, four years from now, to answer in the affirmative to the question “are you better off now that four years ago?”

Whoever the republicans nominate four years from now will have a very good chance of winning, and therefore be in a position to take credit for a growing economy that benefits from the recovery efforts of the previous four years.

What a shame it is that when we finally get out from under the “we can’t have a president who isn’t a pasty old white guy”, that the first one to break the mold is faced with a broken economy that will not be fixed before the term is up; thereby, paving the way for a return to pasty old white guy candidates.

I hate to say it but I believe that California will probably lead us into the new economy. That is if it doesn’t burn up completely or shake apart before hand. Out of California comes leadership in solar innovation. Unfortunately everything being produced has been sold in advance to Germany who leads in the application of solar innovation, and they don’t have half the sunshine we have. Also out of California comes the best in non-fossil/bio fuel transportation innovation. There is vision in the country. T. Boone Pickens has vision. Our government has to get behind the innovators. It’s the only way we will build a new economy.

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