Saturday, October 22, 2016

Keeping America Great Is The Way Forward

Donald Trump's failed presidential campaign was a failure on many fronts.  However, he understood that many Americans believed that our best days were behind us and that "government elites" were part of the problem.  He told his supporters that he would make major changes in government policies that would stimulate the economy and create jobs; especially for workers who lost them to lower cost foreign workers.  A vote for him would be a vote against the Obama Administration that was responsible for all of our problems.  His economic policies which he barely understood, and could not explain in any detail, were routinely criticized by most economists.  His support was based upon a blind faith his leadership ability and his pledge to address real problems that had been ignored by "government elites".

Instead of paying attention to a political novice who understands little about government, and almost nothing about the strengths and weaknesses of our economy, we can learn a lot about our economy, and how to make it work better for more Americans,  by reading this article in The Economist by President Obama.  I doubt that we have ever had a president who understood the global economy, and the changes that are needed to make it work better for more people,  than President Obama.  He understands the strengths and weaknesses of our market system and he makes a good case for a more active government that can make a difference in our lives.  He has been hampered by market fundamentalists who are much like religious fundamentalists in the strength of the strength of their convictions.  They refuse to believe that government policies kept the Great Recession from turning into another Great Depression, and they will remain a problem even after Donald Trump has disappeared into the sunset.

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