Tuesday, November 27, 2012

Bad to the Bone

Greetings good citizen,

As I approach my second (full) year of unemployment (this most recent odyssey started in 2011.) it occurs to me that it might be easier for me to see the unraveling of our civilization more clearly than the rest of you because I’m caught in the center of the storm.

It is important to point out that I am not alone on my perch that provides me a ‘birds-eye view’ of the situation, there are millions of us (if not billions…depending on how far you cast your net and there is a disturbing tendency to ‘stop’ when one reaches the number of people in YOUR country, like the rest don’t matter.

Part of the problem with the ‘banking crisis’ is people don’t understand these trillions of dollars…are owed by nations with populations the size of a small US state!

Adding to this ‘cognitive dissonance’ is the purposeful ignorance on how these systems ‘interact’ (because of the need to fudge the fuck out of certain factors most people never consider.)

today’s offering attempts to provide us with a glimpse of that larger, more than somewhat fuzzy, picture:
Any reforms which seek to address growth in the context of private sector debt deleveraging and demographics ought to be made with a focus on increasing the economy’s capacity to produce real goods and services today and in the future, rather than on ensuring positive actuarial balances through eternity. Unlike the case with individuals, social policy can provision for the future in real termsby increasing productive capacity in the intervening years. For example, policies that might encourage long-lived public and private infrastructure investment could ease the future burden of providing for growing numbers of retirees by putting into place the infrastructure that will be needed in an aging society: nursing homes and other long-term care facilities, independent living communities, aged-friendly public transportation systems, and senior citizen centers.
(Screeching, ear-splittingly loud, halt!)
Read the above again, slowly and let it sink in.

Makes sense doesn’t it? EXCEPT for the ‘how do we pay for it?’ part, it’s all too beautiful!

Did you notice the blinders on the topic of ‘over-capacity’? Our economy is at FULL STOP because the consumer can’t afford any more debt…why don’t these boneheads devise a solution that deals with this problem first?

It is articles like this one that basically prove that tired old ideas are not the path we can follow into the future…(but you can’t tell the One Percent that, they don’t want to hear it.)
Education and training could increase future productivity. Policies that maintain high employment and minimize unemployment (both officially measured unemployment, as well as those counted as out of the labor force) are critical to maintain a higher worker-to retiree ratio. Policy can also encourage seniors of today and tomorrow to continue to participate in the labor force. The private sector will play a role in all of this, but there is also an important role to be played by government.
Um, back to the ‘cognitive dissonance’ problem (which is not limited to us mere peasants.)

The creators and issuers of ‘funny money’ are the ONLY ONES capable of fixing this problem…that the PRIVATE SECTOR CREATED!

If you read between the lines here you will see that ‘Libertarians ‘R’ Us’ sees the private sector filling it’s usual role of collecting rents and oppressing the general welfare for its own safety.

But I digress…
On balance, if we were to focus on only one policy arena today that would best enhance our ability to deal with a higher aged dependency ratio tomorrow it would be to ensure full employment with rising skill levels. Such a policy would have immediate benefits, in addition to those to be realized in the future. This is a clear “win-win” policy, unlike the ugly trade-off promoted by both parties, who only differ in the degree to which today’s workers and future seniors are to pay for the mistakes of the banksters through misguided proposals to “reform” entitlements and put our future on a “fiscally sustainable” path.

Do you see the ‘win’ good citizen or has the gloss worn off that old banner promoting ‘unlimited, perpetual growth’?

Make no mistake about it good citizen, it is precisely this belief in ‘voodoo economics’ (also known as ‘wishful thinking’) that has led us to where we are today.

A sustainable future does not consist of turning our former manufacturing facilities into (fake) ‘state of the art’ assisted living facilities (and training ALL of our kids to be candy stripers and orderlies…)

You can’t pay for extended care if you earn minimum wage and your taxes don’t cover the nut either.

All economies are LOCAL.

That’s were it starts and that’s the key feature behind A Simple Plan, creating robust local economies that nurture a healthy, well educated public.

But you have to read and understand it before you can successfully advocate for it!

You not only will be doing yourself a favor but your kids will thank you for freeing them from the cycle of exploitation YOUR PARENTS condemned YOU to!

Thanks for letting me inside your head,


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