Monday, October 27, 2014

Round And Round.

 Wanna know what's wrong with America nowadays? No, I don't mean jobs or the economy, but that's exactly what I mean. What's the number one important need we have right now? No I don't mean a cure for Ebola or a new secret weapon to defeat ISIS although they would be great. No, I'm talking about infrastructure. Industry is screaming for it, but we won't spend a dime on it or anything else. Other than what we're already spending our treasure on.
       That's the problem? Infrastructure? Do I think that's the biggest problem America faces? In a roundabout way it is. See, the big problem is both the economy and jobs. Now I know lots of people think jobs and the economy are up to the private sector. And that's fine, except the private sector is unwilling to do anything because the economy is so sluggish. The economy is sluggish because of the lack of good paying jobs.
       It's a vicious circle. But this is where the government can actually help. And as it happens the economy can actually help the government help the economy,  job seekers and industry and business all at the same time. Right now there's a lot of people who need good paying jobs, right now interest rates are at an  historic low of 0.4%, and right now our country desperately needs it's infrastructure repaired and/or replaced. Why? Because industry is screaming for it for one reason, and safety concerns for another.
       So, cheap money, lots of labor ready to work and a great need that only the government can meet. So what's the problem? Why haven't we already started? Because too many folks in Washington are convinced that government is not meant to attempt to create jobs. Because creating jobs is the business of the private sector. But the private sector won't touch infrastructure because it believes that's the responsibility of the government.
       Do you understand why we have this big problem? You do? Then please explain it to me, because it just doesn't make any sense. And the worst part is that these people who don't get it, are mostly going to get reelected in one week. That's what's most confusing to me. You're voting for who? Why?

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