So the
salient question is should President Trump continue the Obama method and double
public debt for-himself from 20 trillion dollars to 40 trillion over the next
eight years? Maybe Congress would save a dime here and there of course with
austerity as a cruel yet necessary concept held out there with as asceticism at
a distance.
Of course the
poor and shoulder the burden of austerity for the rich as the middle class
fades away into retirement. The poorest are most used to hardships and are
believed by insiders probably to deserve it.
Insiders and the most rich need tax cuts perennially in order to make
free enterprise work and allow trickle down to properly function; goes without
thinking even if the environment is another nagging concern of mal-contents.
What if that's not enough though?
U.S. public
debt is nearing 20 trillion dollars while U.S. gross domestic product is
somewhat more than 18 trillion dollars. The public debt is apparently
increasing faster than U.S. economic growth-and most of that is going to the richest.
Because the Clintons and Obamas did not address the structural issues for the
benefit of the poor and middle class first, and as the discretionary part of
the federal budget comprises just 7%, I wonder how the economic picture of the
nation can be reformed.
http://www.usdebtclock.org/
Actually I
think that real economic reform that actually benefits the poor and middle
class isn’t likely. Human greed and original sin saturate government, the media
and Wall Street to the point that even the environment suffers so champagne and
fine booze drinking elites can have cashmere shag carpets or whatever and cars
that pollute the atmosphere with tons of carbon emissions each year.
Actually
socialism, communism and corporatism end up with the same oligarchy-like
monopolistic bureaucracies running the world because of the nature of human
social organization. Free enterprise actual dies within advanced
bureaucratic-wall Street stock owning wealth concentration though good product
continues to be produced for some time. Individualism and free enterprise as
well as real democracy are actually the endangered political forms now.
Government
with the consent of intelligent masses could actually make vast practical
reforms toward sustainable ecological economic infrastructure limiting the
percent of capital anyone may have in order to keep democracy rather than
plutonomy ruling. With guaranteed minimum income and pragmatic social support
services it would be possible for inventions and clever, efficient free
enterprises to be developed theoretically first and those meeting environmental
low impact and synergy goals best allowed to go ahead. That is desperation for
jobs wouldn’t be the only political moderator on the electorate. Capitalism
itself selects naturally for more capital rather than for a better environment
or equitable distribution of wealth to all people equally within basic criteria
even while allowing people to profit and save from their labor and inventions
above the baseline.
Plainly the
United States and most world political systems today are maladaptive to the
present environmental and demographic facts of life. Political theory tends to
be at least a century behind along with governing environmental theory. The
natural default to thoughtless minions supporting concentrated wealth and
saluting the dollar sign fuhrers that are money rather than reason will
continue even being reinforced by waves of senseless commercial brainwashing. A
financial philosopher today developing political epistemology might write “I think, therefor I am broke”.
It will be
amazing to see what President-elect Trump can do with a fundamentally crummy
national economic outlook that has found it to easy to develop overseas,
exploit cheap foreign labor, run up public debt and avoid any sort of national
leadership responsibility since the end of the cold war. Capitalism itself is
in need of reform as well as the nation’s infrastructure. Infrastructure could
be transformed into a new ecological economic form rather than wasting
resources in old style, existing establishment, yet of course the establishment
resists that.
President
elect Trump should prioritize green transportation with electric cars, buses
and rail drawing power from green sources. African development should be
influenced toward green electro-magnetic power too, rather than fossil fuel
cars-and that means new mass transportation.
Wherever
possible developed land should be returned to a natural condition replacing
existing buildings with smaller, cheaper better monolithic domes occupying less
space. Border security could have a trans-continental salt-water canals and
solar evaporation-condensation for desalinization infrastructure to make water
for the parched Southwest. Many things are possible. A return to making patents
affordable would help. Inventors should be given exclusive patents for just 7
years and after that a small royalty percent from anyone using the patent for
production (for 50 years) before its public domain. Its rather difficult
materially to manufacture things in the U.S.A. after getting an idea that is
patentable making it doubly difficult for poor yet intelligent and inventive
people to cash in on thought-as it is presently-ideas have to be given away to
trickle up to the rich or well-placed, so why be inventive at all?