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WHAT'S REAL AND WHAT'S NOT?

ECONOMICS. Infrastructure. Political parties.


 

In the coming year, “Congress-dom” shall not be majored by more mountebanks than ever before. Nor can we expect fewer quacks and frauds on radio and television.


 

The con artists and sellers of snake oil shall continue to be found in both these places, in political halls and among the pretending pundits of the media.


 

The job of the citizen is to determine who is selling snake oil and who is offering the real thing. Unfortunately we do not have a “consumer's guide” nor a citizen's guardian to assist us.


 

Our government is usually run by one of two parties and sometimes this awesome task is shared. The problem that each party has is that of justifying what the collective believes to be its justified views.


 

Regretfully sometimes these views become a sort of political religion and present certain principles often announced by its members, principles that usually lack rationale. Some politicians become the lackeys of those whom they worship while others rise to sainthood in defense of unclear causes


 

So much as we can define economy or have some concept of its structure and function, it is a slippery notion that unfortunately politicians must deal with. And the main question raised is “what makes the national economy work.” To some, the national concern is who pays for what government does?. Not me I hope.


 

Some work in the interest of love of country as they proudly announce that perspective or perhaps in the public interest. Look out. Some work in the interest of some imagined economic formless entity or imagined society. Again, look out.


 

Today, economy is seen as a money thing and not a people thing. Under present circumstances it has become a people thing, whether we like it or nor. People need to work first of all to survive in today's society and secondly to improve their way of living.


 

Therefore, the term “jobs” has become the snake oil that politicians are selling today. How to create jobs? One prominent group believes that if the excessively rich are relived of their obligation of contributing money to running the government that the jobs will come automatically. At one time, perhaps that made sense. It hasn't seemed to work lately.


 

Basic economy, perhaps has to do with making things. It seems that those countries who are making things have many people employed and we can observe a certain level of prosperity. Making things doesn't seem to be America's main economic path today, if it does have an economic path.


 

There seems however to be a sense of making financial things. A sense of making money making things that appear to be real but are not there, somethings similar to what once was called snake oil that are today referred to as derivatives—derived values.

 

The making of snake oil, even if derivatives are real and not oil, doesn't seem to create many jobs. It appears that we must get to making things that are more useful in today's world. Under our system, making things is not the government's responsibility.


 

However, there are certain things that create work that are of a long term benefit, perhaps more than stylish shoes and perfume. The infrastructure seems to be the popular term for all the physical things and their organized form that make things work in this country.


 

Infrastructure components can be made here and of course must be installed here. Some believe that investment in long-lasting infrastructure might create jobs—better than one crew digging holes and another filing them later as in the thirties. Plus infrastructure will contribute to the economy in the future.


 

The problem is that most infrastructure is within government domain. And government money comes from taxes. And those who can afford to pay taxes are believed not to want to pay for the development of infrastructure.


 

The lackeys haven't caught up with the thinking of their masters and beside that, what the opposition party thinks is more important as well as do battle with those ideas than to create jobs.


 

It seems that the immediate method for creating jobs in this country today is by developing the infrastructure that we shall be needing tomorrow. I don't see any other way of doing it for the time being.

 

 

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