Do something

WHAT TO DO — ECONOMICALLY SPEAKING

The year is 2010. America has high unemployment, too many foreclosures, too much debt and more economic uncertainty than anyone really wants. Everyone would like to have a job, business or independent income. No thinking person is satisfied with things as they are—or things as they are predicted to be—by almost all talking heads on cable or public TV. Optimists are generally referred to as techno-Utopians.

Something has to be done. What ?

I say we need to plan our national budgets around the obvious needs of the nation and its voters—and work from such obvious need back to the supply of everything that will have to be bought and to the monetized demand with which to buy it.

I hear a reasonable objection: Such a detailed plan is beyond the capacity of any existing economic system. At the very least, what we will do must be done day by day—with planning limited to what is possible, and what will not be counter-productive. Supply must be produced. Plans must be reduced—to what is clear, and condensed to its smallest effective size.

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