Posts Tagged ‘deficit’

I’m not suggesting we go into lock down, but there certainly were a few unintended yet welcomed consequences from the early days of Covid.

We learned that we could work remotely, at least those in corporate America.

We learned that we could hold meetings — work or personal — quite reasonably on Zoom.

We learned that even a month of reduced driving made a big impact on our environment. CO2 levels started coming down. You could see fish in the Venetian waters again. And all kinds of other miraculous things, too.

Most importantly, we learned that even a month of reduced driving made a big impact on oil supplies and gas prices…

… and since the price of a unit of energy affects the price of everything else in our world, we were reminded that the price of everything in the world comes down as oil prices come down.

So if I were the President of the United States, here’s what I’d do:

(1) I’d gather the top 50 employers in the country to an emergency meeting at the White House… hey, I can do that, I’m POTUS! :) I’d remind everyone that we’re in a time of extraordinary crisis… whether it’s Ukraine, Russia, China, inflation, deficits, interest rates, supply shortages, pandemics, whatever. I’d ask the CEO’s of all of these companies if they would consider voluntarily having their workforces work at home, just like they did during the early days of Covid. I’d suggest 90 days, to correspond during the spring, where temperatures would not be too cold nor too hot, so easy on home heating and/or cooling needs.

(2) I’d address the nation… and remind all Americans that we’re in facing multiple, life-changing crises… and just like great Americans have done through difficult times, we all can make a contribution. Nothing is locked down. But walk to a local restaurant or shop. Ride your bike to school. Take public transportation. If you have multiple cars and have to drive, take the one that gets the best gas mileage. Plan trips better, do all your errands in one trip rather than three. Get together with your friends and neighbors and carpool when possible. Want to show solidarity with the Ukrainians? Want to stop run-away inflation and pay less money for everything? Want to put a lid on pollution? Want to sock it to Russia (and the Middle East while we’re at it) where it hurts, in their oil pocketbook? For the next 90 days, let’s make a wartime-effort to reduce or eliminate driving if we can.

(3) I’d met with the leaders of other countries, talk about what we’re doing in the United States, and ask each and every country if they would join the battle.

Here’s what I love about this plan: It literally has a huge impact ON DAY ONE.

And it shows that we control our situation… our situation does NOT control us.

If I were running for president, I’d promise to fix everything.

Seriously.

How would I do it?

I would mandate natural gas… the energy alternative that we have about 100 years worth in the U.S.

That would allow me to promise — and deliver — everything:

(1)  More money in consumer’s pockets:  Natural gas is cheaper than black oil… by about 1/3 to 2/3rds to consumers.  But anyone that reads this blog knows that the price of energy goes well beyond simply what we spend on energy for our cars… it affects the price of everything.  Lower energy price is the greatest — and most effective — stimulus in the world

(2)  Jobs:  A new/updated infrastructure would be necessary… as would new/updated vehicles.  Someone has to build all that stuff

(3)  More corporate profits:  More jobs and more money in people’s pockets mean more spending.  Cheaper energy also means less input costs.  Economy improves.  Stocks rise… and so does everyone’s 401K plans

(4)  Health:  Pollution is — literally — choking the world… just look at the rise of breathing-related illnesses like asthma over the last few decades… but unlike dirty fossil fuels, natural gas burns clean

(5)  Environment:  No more ugly, toxic oil spills… let’s make the Gulf disaster our last

(6)  Smaller military:  Reducing our dependence on foreign oil means less “geopolitical” conflicts… as in, if we didn’t need oil, how much would we really care about the Middle East?

(7)  More money in Uncle Sam’s pockets without raising taxes:  All those new jobs create tax revenues.  Also would require less spending on entitlement, health, and military programs.  Bottomline is a dramatically improving national bottomline

(8)  Oh, yeah, an extra $1 trillion per year — money that we usually send out of the country each year, mostly to countries that hate us — is kept in America

Now that’s the candidate I would vote for!

Title says it all.