The Post Carbon Institute posts this series of videos of a talk by Richard Douthwaite, co-founder of Feasta, an Irish think tank concerned with sustainable economics. He was speaking by phone and video to a group in Michigan, about a month before last year's Copenhagen Summit climate talks, so it is like watching Max Headroom do a slide show. The first four videos are about the problem, the last two are Feasta's proposal for a cap and share system and debt-free currency to keep the poorer folk going.
ArtAppraiser asked for my thoughts on a New York Times article about the relationships Indonesia is forging with the United States and China. I have to admit I haven't been paying that much attention to politics and economics over here. There isn't much in-depth analysis in the English-language press and my friends are mostly fellow teachers, so we talk more about grammar and culture than geopolitical manuevering. But, for what's it's worth, I do have some thoughts.
I mean, why else would he get the position aside from growing up in the inner city until he was 18 (though I hear the pharoah may have been black, so perhaps that explains it. Or perhaps big cities are like one big brain with people like cells....
Trump is effectively pitting the interests of a relatively small group of people, those who work in factories, against hundreds of millions of consumers. Seven years ago, the Obama administration accused China of unfairly subsidizing tires. It imposed tariffs reaching 35 percent. A subsequent analysis by the Peterson Institute for International Economics, a nonpartisan think tank, calculated the effect: Some 1,200 American tire-making jobs were preserved, but American consumers paid $1.1 billion extra for tires. That prompted households to cut spending at retailers, resulting in more than 2,500 net jobs lost.
Americans vote their pocketbook. Memorize, live by this lesson. "I Feel Your (monetary) Pain". Never ever ever forget, or we'll be back here again.
For all her white papers and all her slogans on the economy, Hillary Clinton never offered a tangible vision of what millions of new, more dignified jobs would look like; how struggling workers would find them; and what she would do, as president, to make sure those jobs sprouted in their back yards.
Sometimes less is more. Trump's message was "I'll do anything outrageous to make a buck".
He's a fighter, she's a bureaucrat offering new policies (and regulations).