Friday, October 31, 2008

Will Obamanomics work?

Will populist economics work for America? Democratic candidate Barack Obama thinks so. Expand opportunities for the ordinary working man by giving them a tax break. Another "pillar" of "Obamanomics" or "Obamanism" proposes to "regulate" earnings of the rich to "equalize" opportunities for the poor. 

Eliminate capital gains tax. Create 2 million new jobs. Develop every community. Invest 15 billion dollars for renewable energy to create 5 million new jobs. Eliminate oil imports from the Middle East. Implement health insurance by subjecting insurance firms to scrutiny. End the war in Iraq.

These proposals are everyday, ordinary political speeches from honey tongued politicians. Vote for me and i'll give you the world. But, the fundamental question that everybody is asking-- will it work?

Will six years be enough for Obamanomics to solve the deep US sub-prime crisis through tax breaks and elimination of capital gains tax? Will six years be enough to create new jobs? 

Will six years be enough to even combat the giant oil companies who profits greatly from their exports of oil? And will it be enough to create a society independent of the clutches of the oil cartel?

Adherents of "Obamanism" thinks that everything changes with just a stroke of a president's pen. Obamanists think that America's problems can only be solved by just marching towards the Oval Office and occupy the World's Top Executive post.

The problems of America are serious. It can't be trivialized. It can't be simplified by just telling people that "everything will be alright if you vote for me." Or with such stirring speeches, making people's hopes alive with "change is what we need". 

Promises of "we will win this country and we will change the world" (Barack's recent speech in Minnesota). Those are promises of an ideologically astute politician who just wants to win. And for what? For personal glory or for the people's?

Americans don't deserve mother-hood statements and promises of salvation by a 47-year old idealist who think that change will just take a moment's reflection inside the White House. They need definitive answers. They need assurances that Obama is not just a young politician out to make a name for himself as the "first Black American president". This office, the Office of the US President, is not for dreamers or self-proclaimed messiahs. 

The work of the US President is hard work. It is not a hippie joint.

Americans need a president that's open to compromise. Yes, compromise. America faces real, serious and lethal threats from big oil cartels, terrorist groups and Big Business that it ill affords to make this election a trifling matter. For the first time in his checkered history, the U.S. is at its weakest situation. Having a president that thinks about waging war against Big Business and the Establishment is surely, not the way to go.

The U.S. needs a leader that would strengthen the very democratic institutions that made it the greatest nation on earth. It does'nt need a Messiah. More than ever, it needs the collective unity, a realization if you will, that, unity and being together under tough times will just save them from the impending global financial Armageddon. Americans did it before during World War II. Now, they face certain extinction should they fail to unify under these troubling times.

Serious state business lies ahead for the winner of this elections. But, am I saying that you vote for John McCain? Am I saying that you choose Obama? No.

What I'm saying is for both candidates to cut the fat from their speeches, give us a glimpse of what you can really do and save us from those "messianic" statements. Their speeches are good for the soul. What these two candidates must do is rally the American people, make them realize their traditional values and empower them. Whoever will just do that, wins.

 


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