Obama’s America, the Good and the Bad

To the extent that the current American economy is in crisis, it is one with the productive forces of the economy (businessmen, scientists, engineers, and so on) have been consistently attacked by the parasitic forces (speculators and politicians). Now, given our Republican form of government, these parasitic forces play a useful role: they prevent the government from adopting the sort of coherent policies that could lead to the elimination of the productive forces. Still, the parasites make us worse off.

Our situation compares unfavorable to the People’s Republic of China, which instead of giving billions to the Oligarchs, is opting out of the worldwide recession through massive investment. This is especially bad, considering all the areas where we could invest (instead of simply spending billions rewarding those who supported Obama). We could develop complex new drugs, investigate subtle genetic associations, expand our knowledge of space, or of race, and supporting nuclear energy.

Indeed, we waste billions on banks, but arrest Americans who refuse to turn their homes over to front companies of the federal government. Obama’s policy of Lemon Socialism is turning homeowners into criminals while giving actual criminals billions.

As Judge Rakoff said, this is all half-baked justice at best.

Fortunately, we are not completely adrift under Obama. Private space exploration continues, high-tech industrial collaboration with China moves ahead . And it must be said that under Obama, Bush’s unprecedented attack on our existing public education system has only gained strength, Brookhaven National Lab is heating atoms to four trillian degrees celsius, video game weapons are in development, Western Digital is conquering quantum space so you will never need to delete an episode of LOST again, Google builds futuristic AI models, and Microsoft expands from just Office and Windows to amazing online services.

In other areas the parasites seem only able to slow down progress, as Google once again tries to digitize our literary past, record companies delete legitimate blogs, lawyers sue companies for not having a politically correct workforce, and the FDA slows down approval of generics.

2 thoughts on “Obama’s America, the Good and the Bad”

  1. Dan
    Another bright point – I don’t know if you caught 60 Minutes this Sunday, but it is possible that the long discussed “green” economy may be upon us [1]

    “In an interview with 60 Minutes that aired Sunday night, Sridhar provided the first inside look at his Bloom Box, which contains stacks of fuel cells that generate electricity. He expects his boxes will cost about $3,000 for consumers. Currently, several large technology companies, such as Google and eBay, have been using Bloom Boxes in limited capacity.

    If Bloom can achieve the $3,000 home unit, according to Fuel Cell Today, that’s a “big improvement from the $800,000 box of today.” What’s more, according to the trade industry website, other bigger energy companies may be more capable of producing less-expensive fuel cell units and beat Bloom Energy to the market.

    But Bloom Energy isn’t aiming for the home market just yet. It would appear to be going after large companies, many who can take advantage of state and federal clean-energy incentives to offset the high price of the boxes, and then branching out to the residential market. ”

    Assuming the Bloom Box turns out to be more than just a latter-day Segway, this could be a huge break through.


Leave a Reply

Your email address will not be published. Required fields are marked *