President Bush's 1950's Era Economic Philosophy

The straw man arguments president G.W. Bush defends his failed economic policy with that builds a vast federal debt, outsources modernization of manufacturing and floods the nation with illegal aliens might have had a solid rationale in the 1950’s amidst a minority of economists. The President’s policy belief is that isolation and globalism are the only choices available; as if it were actually possible for America to be isolated in the 3rd millennium with present transport and communications technology, or as if the Federal Government had an authority to restrict global business to its own liking…the President has signed away through trade agreements that sort of somewhat obsolete opportunity and should know better.

The federal government should serve the people of the United States within the global community first and maybe help out global corporations too. Federalists began government policy with Hamilton choosing to create corporate welfare in order to pump prime manufacturing, and the premise that the federal government had a right to promote the general welfare of the people in road building, schools and all manner of previously non-governmental areas was off and running.

Today the federal government should promote national business inventions that liberate the nation from reliance on foreign trade-deficits or ecological destruction. Simply pointing to a potemkin unemployment rate that finds many Americans not reporting, underemployment and cheap labor work for foreign corporations is as harmful as claiming the no child left behind school policy that has 1/3/rd of students failing to graduate from high school and 50% of blacks failing to walk down the aisle to jive with the teach-tech is a successful policy (Newsweek or Time article recently).

The Tongass Forest policies of the President are equally obsolete slaughtering valuable stands of old growth and cedar for quick cheap profits for his timber felling supporting corporate types in Alaska. Once gone the old growth never returns…sycophants at Department of the Interior lamely claim it does no harm to wildlife (they didn’t add that the wildlife are vacationing on the moon).President Bush has raised the federal debt to an all-time global high along with oil prices for his oil compadres.

A recent magazine article describes how electric cars can be made at home or for hire from 8000 to 20,000 dollars that get maybe 150 miles per charge up. With solar panels one can charge an electric car in a parking lot and drive around Texas or wherever without paying a dime for fuel…why not accentuate then positive a little? One converts a chassis from an old car with a new electric motor, and some tech changes could make them much more efficient…save that second ‘car’-the SUV or truck for gas guzzling heavy payloads not mall-hopping.

Thomas Jefferson wrote presciently about President G.W. Bush’s federal deficit planning…that deficits are made by federal officials so ‘it never (can) be paid, but always (is) to be a thing with which to corrupt and manage the legislature”. My interpolations for clarity, in parenthesis.