January 18, 2008Re: Two Matters: The Environmental Crisis As An Economic Opportunity, And John Edwards As An Angry Populist.
I’m going to break a record and send out two postings in one day. This one is short. It consists of brief comments on two matters that have been on my mind for awhile.
An anonymous email correspondent has asked why I don’t post on environmental matters. The truth is that, for whatever reason, the environment is not my bag. But I do have one idea which never seems to be mentioned.
Programs to clean up the environment are often resisted because they would be an expense, a very large one. But wouldn’t they simultaneously be a fantastic investment opportunity that would work wonders for employment, incomes, return on capital, the economy in general? Take automobiles, for example. If you have to redesign them, retool factories, find lighter materials, revamp engines, and all the rest of the paraphernalia, wouldn’t this of necessity require extensive investment and create new jobs galore?
By the way, isn’t much the same true of the need to fix our infrastructure? Isn’t the need to repair hundreds or thousands of roads and bridges, and to revamp utilities, a sure fire way to launch a thousand ships of private investment, and a thousand arks of jobs? Isn’t that exactly what happened when our original infrastructure was built? - - the railroads in the 1800s, the initial highways in the 1920s, the interstate system in the 1950s and 1960s? Isn’t the environmental crisis, in short, a massive economic opportunity which the foresighted would embrace, and not some kind of economic drain?
On a different note, I’ve read critiques of John Edwards which say he can’t win because, instead of being a sunny upbeat populist, he is an angry one - - just like the original populists were angry, I suppose. He is assailed by the punditry for anger displayed by speaking of “‘corporate greed’” and “‘the destruction of the middle class.’” Well, just what the hell do the pundits think has been going on in this country for the last decade or so - - corporate charity for one and all (not just CEOs) and heartfelt unremitting advancement of the middle class’ interests? Apparently Edwards is supposed to refrain from telling the truth as a lot of us see it and, one might venture to guess, as many, many millions of struggling middle class people see it.
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