Jeffrey Sachs of
the Earth Institute (Columbia University) laid it out really well in an
interview Thursday with Ian Masters (ianmasters.com).
Allow me to very briefly summarize, with a bit of my own panegyric thrown in
for good measure:
The current
budget negotiations are a case of both parties toying around the edges of a
much more fundamental problem, which is that, in thrall to a destructive Right
Wing ideology, this country is no longer paying the price of civilization. Our
infrastructure is crumbling, we are not investing in the energy resources of
the future or the social systems and services (education, preventive health
options, housing for aged and poor, transportation, etc.)... that would be
necessary for us to have the kind of robust democratic civilization we once
strove for. Obama and the Republicans are arguing about a revenue rise of 0.7% of GDP
vs. 1% of GDP when what we really need is to increase revenues substantially to
pay this price. And hysterical concern over debt, when the world clamors to buy our debt and money is practically free, is beyond stupid right now.
Major
corporations and rich people are avoiding all social responsibility. They
ensconce their money in foreign tax havens, and live in a privatized world,
while the country as a whole has lagged far behind other developed countries in
these essential government functions.
Rich people have
essentially all the power, over both parties, and until the people demand that
government start paying attention to the needs of the many, not just the few,
we will have an oligarchy and a society in decline, resembling ever more and
more a third world country: with a wealthy elite and a rapidly declining
standard of living for everyone else. Eventually, America’s ability to carry on
the technological innovation and cost of being a superpower will also collapse,
if we don’t go back to forcing everyone with means to pay a fair share of the price of
civilization, and for those with the most means to pay the largest share. This is how it works; and nothing else will work. Period.
President Obama has
failed to lead. He has the right
rhetoric, but he tries to accomplish policy goals through backroom
negotiations, not by taking the case to the people and asking them to make the policymakers do it, which is
how these kinds of reforms (both Roosevelts, Kennedy, Johnson), have been
accomplished in the past. If he doesn’t change course soon, things will
continue to get worse, and the proposals being discussed now will actually make
matters worse than just letting the stupidly named “fiscal cliff” happen, which
would at least bring in Clinton era revenues for a while. Of course, there are
much better ways to do it (such as really eliminate tax havens and subsidies to
oil, tax media companies for use of airwaves, impose a transaction tax on
speculation, bust up big banks, raise top marginal tax rates a lot, increase payroll tax cap, impose
carbon tax, convert the ACA to single payer, restore estate tax and some excise
taxes… in other words make those who have benefited most from the American
economic system pay the real costs of maintaining it). But none of this can be
made to happen by negotiating with people who hate the very idea of commonweal,
and whose goal is only to protect the narrow, selfish interests of plutocrats.
Only sweeping leadership… a broad and emotionally charged appeal to the masses
to force change; in other words what people were hoping for when they voted for
Obama in the first place… would have any chance of achieving what we must do.
We can’t give
up, even if this president will not or cannot do what is needed. We have to
work to elect people who understand what we’re up against, and make them do it. There is no other way.
Choose where you'd like to live, because it ain't gonna happen in the good ol' U S of A. December 9, 2000 was, I believe, the day we allowed the Supreme Court to appoint the president. Party is over. Nothing to see here. Just pigs at the trough. Move along now.
ReplyDeleteB.