Filed Under: Chicago, Government Policy, Manufacturing, Technology
While there has been lots of talk in the media regarding both Barack Obama’s recent formal announcement and Hillary’s latest (As a former Chicagoan it is great to see two serious presidential candidates with strong Chicago roots). However, the mainstream media (and they are all – CNN, NYTimes, Fox, ABC, etc. equally culpable) focus more on character and controversy then the actual policies that will impact our country and the globe over the next 6 years. Here are two serious issues that both Barack and Hillary should begin offering serious proposals for:
Energy Policy
How will we go beyond simply taking about the need for renewable energies and clean technologies to actually constructing meaningful policy that will incent business and consumers. Here are a few suggestions
Uncontrolled Spending & Looming Unfunded Mandatory Benefits (e.g. Social Security)
While many will not agree with President’s Bush decision or handling of the war his attempt to do something about the huge increases in our mandatory spending is a good thing — you many not agree with the how, but at the very least such as significant issue deserves a more thoughtful debate. Germany, France, and others are good examples of what happens when you let the problem linger too long. Here is chart (courtesy of IBM’s Many Eyes project) from the Office of Management and Budget (OMB) that provides a good illustration of the components of the Federal budget — here you can clearly see that items such as Social Security, Medicare, Interest on debt, etc. dominant our federal budget:While many will not agree with President’s Bush decision or handling of the war his decision his attempt about the huge increases in our mandatory spending is a good thing. Germany, France, and others are good examples of what happens when you let the problem linger too long. Here is chart from the Office of Management and Budget (OMB) that provides a good illustration of the components of the Federal budget — here you can clearly see that items such as Social Security, Medicare, Interest on debt, etc. dominant our federal budget:
(courtesy of IBM’s Many Eyes project)
Why should you care?
All this mandatory spending leaves little room for investment in education, technology, and social services (all discretionary spending) that will impact the quality of life for future generations.
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