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No necessity for a deep recession or a depression to happen.
You have to look at it from the angle of what does the world need done. What can you see out there that needs effort, labour and materials, put into it, to meet human needs and to better the human condtion.
1). An end to slums and ghettos.
See point 2 for the reason why those didn't matter. They were expected largely to be blown away.
2). Repair and replace outdated and deteriorating infrastructure.
A lot of that was ignored during the Cold War and that habit dies hard. Roads were built suitable for moving military hardware. I won't tell you which ones, but they double as interstates. Airports were built with blast shields of piled up rocks to shield nuclear bombers, eg. Scranton. Mountains were moved to house missiles, as in Pennsylvania. I saw one of them being put in in the 1970s. The list goes on.... and on. However, in a MAD, mutually assured destruction world, pushed past the brink, and intent on proving one side of the dialectic right or the other, each at any cost, you don't repair and you don't build what you don't need for the war. After all it will all be destroyed in the coming apocalypse.
Many roads, bridges, dams, levees, etc. all are badly in need of rebuilding So are many buildings. You don't repair and replace old power plants properly if you expect an apocalypse.
In a post apocalyptic world there is too much to do. Far too much. Everyone could be working overtime for the next twenty years and not get it all done.
3). Good quality healthcare accessible and affordable for all.
4). Improvements in energy production. New technologies, R&D and their application to actual use.
5). End to smokestack pollution. We have the technology and know how.
6). Improved food production. Remember that food crisis ? Again we have the technology and the ability. I recently recommended this as one of China's new top priorities before they get started suddenly into a new massive apocalyptic war, to fuel the American economy with warbucks, and to remove China from competition. Famine and social instability due to massive social upheaval can do that to a nation. When they are led into it. Sure, war in, with, or involving, China would save the Big 3, but we cannot let that happen.
7). Space is the final frontier. We have the fundamental principle for a new type of engine as revolutionary as the discovery of radiation long before the atomic bomb. We have had it for years. Plasma physics was the old hope for building that engine, in a remote and esoteric lab at NASA, but it isn't the answer. Now we have something new, related in part to the Cosmology Group, U of Waterloo, publications on 5D spacetime. Something that began discussion mid 1990s on sci.physics on the Usenet. Some people went off that did some of the math, in preparation for building the engine. We can get to the distant stars. In this century. However we need a new technology. A new form of propulsion so revolutionary nothing will ever be the same on Earth or in the heavens ever again. We are at the turning point and we must move forward.
8). We see the mess on Wall Street, in financial institutions, in government departments. Can you imagine how many investigators, fact finders, enforcement officials, auditors are needed to clean that up ?
It would take an incredible effort simply to look into Citigroup and rebuild that institution, if it can be rebuilt, into a fully ethical, moral, effective and solvent company. When they find out what went wrong there there will be hell to pay as in every such instance. It has all run amuck and there need be no accountants out of work. There is too much to do.
9) Conservation, preservation, of environment and heritage, have both suffered under previous regimes. Too much to do. That includes all areas, natural and man made.
10) I have long suggested building more and more modern fire fighting equipment for quick deployment to wildfire, forest fire, and other similarly tragic diasters. In a global warming world even one acre of forest burned to carbon makes a difference. Still no luck getting that equipment built and rapid deployment organized, for sharing of those costly resources between Canada, USA and perhaps further afield. There is a real need and it would consume a huge number of man hours to build it.
11). I could go on about everything that needs fixing, replacing, is unsafe, is poorly designed, is neglected, but you fill in the blanks as to what needs to be done.....
12). Education needs a complete overhaul nationwide. I wrote two articles on how and why recently. Massive task and the technology would employ a company as big as microsoft for a long time.
Trouble is that "free enterprise" has not been up to it.
They don't want the job.
They don't know how or don't want to figure out how to do the job.
So it is up to the government, and it will mean real economic growth rather than recession when the government really chooses to do what is needed and step into it. No longer relying on the private sector which has completely neglected and denied its responsibilities in that regard. At best it is unwilling and someone else has to do it.
It is up to the government.
If it means nationalizing resources, companies, that are needed for the task the so be it. If private sector can come to some cooperative arrangements to get it done, the so be it.
But real growth means you don't need to worry about anything other than government coming up with enough money. Real growth means you can print some if you need to. It won't destroy the world, but if it is used right, for good purpose, under the watchful eye of a good and responsible, a truly accountable, government, then don't worry. Then you can print some to get the job done. For the good of the people. For the good of America. As an example to the world.
Is President Elect Barack Obama up to the challenge ?
It's bigger than he imagined it is.
Let's see if he is.
Cheers.
Robert Morpheal
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