Let's do something else

One of the big hullabaloos during the campaign was around health care – Obama wanted to essentially socialize it, making coverage available through the government and force insurance companies to bring prices down, while McCain wanted to continue using the current system but give people money to pay for it. Opposition to Obama shrieked at the idea of socialism and opposition to McCain said the amount of money he proposed wouldn't cover the costs and many people would be worse off. For all of the Republican yakking about free markets and how much better everything is when it isn't run by the government, we sure have made a mess of health care. Not a single person in this country thinks our health care system works, except maybe the insurance companies (who have made out like bandits in a bigger and more blatant scam than the current home-loan debacle). Noam Chomsky said health care has long been the number one issue of the American people but only started to get talked about when big companies began complaining about the high cost of providing coverage. There are few instances in recent history when the complaints of companies are the same as of the people and we're at a moment right now where so many things are broken that if we take the time, we can put them together right and turn a bad situation into an incredible opportunity.



One of those broken things is our consumer-based economy. 76% of our GDP is made up of spending on consumer goods and they're related like a spiral. When spending is up, the economy does better, more jobs get created, people have more disposable income and they shop more. But when spending is down, like in a recession, the economy does worse, jobs get cut and people stop spending, increasing the speed of the downward spinning. Over the past few months, we've watched our lawmakers flailing around crying wolf and begging for bailout packages and stimulus packages without any real strategy. From where I sit, and I'm sorry for this analogy but it reminds me of a guy trying to regain his erection when the moment has already past. You can spend the next half hour working to get it back only to find that your partner doesn't care anymore, or you can just go do something else. I would like to propose that we do something else. I'm tired of watching my representatives trying to pump life into the economy by throwing money at it. The money doesn't build anything that will stimulate a long-term upward spiral, it might give us a short boost but then we'll fall limp again.

The thing that everyone is talking about is green tech and for a good reason. The warnings about global warming are getting louder and louder and to anyone paying attention, they make everything else seem a little trivial. The governor of California just issued a directive to the state to start preparing for rising sea levels and a new study from the University of California shows the state losing trillions of dollars of real estate to fires. Among the other expensive disasters in store for us are drought, energy shortages, earthquakes, loss in tourism revenue and massive agricultural losses. To not change RIGHT NOW is the dumbest thing this country can do. We voted change into the White House but as Obama keeps reminding us, it's also us who will have to change. The whole world is registering the effects of global warming and so why not rebuild our economy around an industry that is not at odds with what the people need, an industry that will not only grow our economic future but will also keep us from financial ruin? We already know that there aren't enough fossil fuels in the world to meet the future energy demands of the U.S., China and India and while I'm sure we'll keep fighting over oil until every last drop is gone, why not also implement other technologies? We can't afford to wait and the acquisition and consumption of oil is largely responsible for global warming anyway.



So here's an idea. Let's do two drastic things right now to change our economy. First, let's socialize medicine and kill the insurance companies or make them work for us instead of the other way around. If we remove the burden of health care from employers, we will make huge strides towards keeping businesses here and maybe even luring some back. Second, let's level the energy playing field and create huge financial incentives for corporations to go green. If we did those two things, we could massively grow the green sector – putting new products on the market, giving unemployed people jobs, slashing emissions and pollution, promoting innovation and retaining more of our smart people – and relieve the country of the massive health care burden – putting more disposable income into the hands of Americans, increasing company profits and decreasing fraudulent behavior. President Bush says we don't have to give up on free people and free markets, and I agree. There are times, however, when we should do something else. This is one of those times.