If Obama is lucky enuf to get to reelected, he needs to start from scratch on the economy, FDR style (except '37, when FDR tried to balance the budget and caused a double dip, which sounds very familiar). Massive green infrastructure programs. No compromisibg compromises; no meeting them 90% of the way to what they want.
Not tiny, like $3B on a smart grid. Big, like the $300B China is spending. Not pennies on rail, or wind, or solar, or conservation; big bucks, like Hoover Dam during the Depression big. Not wasted money, like new highways for traffic which is disappearing.
Put 99% holding tax on corporate piggy banks, and make them send it, one way or the other. They can be consumers (of, say,enuf solar panels and wind turbines to power themselves, they can pay it all to the owners, or shareholders, as they are sometimes called, or they can be taxpayers; they can't just sit on it, waiting for things to get better, cuz they won't. |
