There Is No Plan

Obama was forceful enough tonight to make it clear that the GOP has to make a choice. Putting aside the details of the plan – which could have been more focused – If the GOP in Congress block the Obama jobs plan, Obama will do his best to tar them with ownership of the crisis. If they don’t, they’re handing the President a victory, and an election boost next year. What they’ll probably do is to employ a version of their standard “accept with unacceptable conditions”. That could muddy the waters just enough to parry Obama’s otherwise quality political move.

There’s one other problem here. The President is going head to head with a GOP House majority that revels in its lack of national popularity, whereas the President requires national popularity to be reelected. It’s an unfair fight in that respect, because the GOP’s Presidential candidates escape with little if any collateral damage.

The 'special sauce that drives the US Economy.

Over 20% of the 244,000 jobs created in this month’s ‘torrid’ labor report were at McDonalds. And boy, was competition for these jobs fierce. What was once a pocket money position for teenagers and college students is now firmly in the wheelhouse of redundant middle managers in ripe middle age looking for some way, any way, of keeping the wolves at bay. Not that a job assembling burgers at a fast-food joint is going to help. In fact, it’s just going to stave off the inevitable for a few months, and destroy your last shreds of self-worth in the process. Hardly the makings of an economic ‘recovery’. Read the rest of this entry »

In the old days, policy used to have at least some potential to become reality, but it’s becoming increasingly clear that in America at least, those days are over. Nothing anybody seems to suggest from the President on downwards seems to mean a hill of beans anymore. It’s as if the country is set on a course for planet “slow decline into mediocrity” (or worse) and there’s not a damn thing anyone can do about it. All this despite some soaring rhetoric from the President, and plenty of hot air from just about everyone else.

Here’s a rundown of the current bullshitian landscape.

Jobs.

Anyone who thinks a $30-40bn Jobs bill is going to pass without being watered down to meaninglessness is dreaming. And it’s not certain why it will fare any better than the $800bn dollar stimulus package which was supposed to rebuild the economy and create, yes, that’s right. Jobs. The problems that the US economy is facing are profound and structural. Just throwing money at the problem without deep and lasting changes to – industrial, fiscal, and budgetary policy – sorry about the ‘P word’ again – needs to rethink very, very quickly. We don’t make stuff here. Some people suggest that manufacturing in the US isn’t “cost effective”, but my question is this. Why is it cost-effective in Germany?

Any-way, moving on to…

Wall Street

The President talks a great game about beating up onWall Street, especially now he’s been sobered up to the problem by the Massachusetts debacle. But it’s a tad too late. In January of 2009 the banks were still sinking in the quicksand. That’s the time to make them an offer they can’t refuse. After we’ve pulled them out, and they’ve put on fresh $500 shirts is not the time to be making a deal with them. And yet this is what we did. We had our boot on their necks and we blew our chance to make the single most destructive force in this country pay. And now, in the cold light of day, is anyone in the 41 strong Republican Senate caucus going to vote for meaningful financial reform? Uhh, Nope. Will Wall Street be constrained from ruining the nation again? Nope.

Healthcare

What was once a burning need is now a footnote that’s about to be buried ahead of the mid term elections. The Democrats thought that Healthcare reform was a winner, but after being thoroughly outmaneuvered by GOP demagoguery that idea is now going the way of another smart idea…

Stopping Global Warming.

Let’s get this straight. The world is waiting for America to get its act together on controlling greenhouse gases. But is 41 strong Republican Senate caucus going to vote fr meaningful climate legislation? Uhh, Nope. It will die.

Education

Ah, what’s the point. Nobody cares.

Finally, on domestic policy, my personal favorite…

High Speed Trains

California just got $2bn dollars of Federal Stimulus funding to build a high speed train network. Sounds great, right? Except for the fact that the total bill (and that’s before the usual corruption, incompetence, delays and overruns) is $42 billion. Chances of this happening in a state with a perennial budget crisis? Nil.

Moving abroad now…

Iraq

At a certain point in time, the United States is going to have to face the rather unpleasant moment when our last grunt gets on the last transport plane out of Baghdad Airport. Cue the bombs. Cue the resurgence of the insurgents and the reemergence of the Mahdi Army. Hello, reality.

Afghanistan

One day conference in London. Karzai tells us he’s going to end corruption and undo a millennia’s worth of being a basketcase that’s swallowed up empires, as well as buying off the Taliban recruits without guaranteeing their protection. He’s got 18 months before the troops we’re about to land there ship out. You do the math.

Iran

Sanctions work. And if you believe that, you think Sarah Palin is a closet liberal. Will the winner of the Nobel Peace Prize in 2009 be able to justify NOT attacking Iran’s nuclear facilities? Unlikely.

Haiti

Will the outpouring of aid from Americans be matched by a long-term commitment to fix Haiti? Watch the BS flow. Ain’t nothing gonna change in Haiti.

So you see, on just about every front, there’s an awful lot of talk about how we’re going to fix things.

And then there’s reality.

Welcome to the Bullshit Era.

wow, that's one enticing looking storefront.

Beginning today, a series of long term policy suggestions that a few enlightened souls would see as real ‘change’ rather than messing about at the edges, while most who like the notion of messing about at the edges would see as radical.

Number 1.

Job Re-training.

There’s an old political motto “When you don’t have a clue about what to do with the economy, push a serious retraining agenda”.

You might recall John McCain’s recent earnest appeal for a big retraining push during the campaign. It was greeted with the usual response for ye olde retraining concept. Total silence. Nobody likes it. Nobody hates it. Nobody believes it will have any effect whatsoever. It’s a great big yawn.

But does it have to be this way? Read the rest of this entry »