There is a tendency in the absence of crisis to
believe that things are now working. A human willingness to look on
the bright side is a wonderful thing when applied to making the best of one’s
own situation, but it’s dangerous when applied to the macro scale of our
economy. Lately, many of us have stopped worrying about a
continuation of the meltdown of 2008, thanks to an odd patchwork quilt of
bailouts, managed bankruptcies, and some prospect that a compromised stimulus
will kick in soon. Oh, and not to mention… the fact that our economy
has fallen so far that we have a hard time imagining that we haven’t already
hit bottom.
My concern is that we are now at a post-crash stage,
but without having put in place many changes that would ensure a sustained recovery,
beyond the limping, flatline lack-of-further-disaster we have
presently. It is a relief not to worry that our major financial
institutions will continue to disappear daily—and there is some reason for
optimism in the decline of the increase (not an actual decline) in the unemployment
rate. But this end to the meltdown does not necessarily portend a
beginning of something new and better happening.
We now have the opportunity to imagine what
the US economy should look like some years down the road and begin to work
towards it, rather than simply paying lip service to cosmetic
reform. Conversely, we could instead let the folks who had the power
to create the meltdown make those critical calls. The corporate
elite had the power over the last several decades—and used it—to turn our
country essentially into a giant company that services the rich, mortgages the
middle class into eternal financial servitude, and ignores the poor altogether,
all the while exporting our manufacturing and skimming foreign natural
resources from people overseas.
This model has failed, disastrously.
If we want to do the former rather than the
latter, we better talk more about real alternatives, rather than simply
defending compromise. We can’t just follow. The White
House can do only so much without pressure from the
grassroots. We’ve already seen too much presidential willingness to
water down the stimulus, new financial regulations, and now, possibly, a public
health care option. We hear less than we’d like to about green jobs,
real housing solutions, a retooled auto industry producing mass transit,
investments in solar, wind, and geothermal energy, and more jobs, jobs, and
jobs for the huge and growing number of unemployed and underemployed people in
the US.
We’re not going to get any of these changes,
save some cosmetic reforms, unless we are able to wrest the microphones away
from an endless debate between the center and the far right. Obama’s plans
and actions have been mainly centrist, not truly progressive. While
his instincts may be to aspire to real change, his cautious nature is then to
compromise. Obama wants to get what he considers a consensus
enacted, whether that’s regarding health care, the stimulus, the war in Iraq,
or reforming extralegal detentions outside the Constitution.
I’m not saying that the President should
commit political suicide and step way out ahead of the people (although he’s
got the political capital to do so, on occasion). What we need is
more pressure on Obama— people getting in front of him on the issues, envisioning a
better future, and presenting a case for change. Our leaders, even Obama, are
essentially timid; let’s face it. As for our media, it’s the nature of the
media to embrace any conflict, whether it’s between the far Right and the
President or between progressives and the Right. Why not present the
media with the second alternative and give the politicians the option of
compromising with us, rather than with the Right?
Unless progressives treat the present as a
continuation of the paradigm that got us into the meltdown of 2008, we will
probably look back on 2009 in the years ahead and wonder why things didn’t
really change. The question on the floor is how to focus attention
on real progressive proposals—and get them in front of the country, rather than
the public hearing only criticism by the Right of any change at all.
One thing progressives can do is to continue
to discuss serious ideas publicly, whether the oddsmakers say they’re viable or
not. Single-payer healthcare should be debated, not dismissed
because it infuriates the insurance companies. More stimulus is
still needed and we should say so, not be silent because Republicans are
already angry that some stimulus passed during the
winter. Joblessness will soon pass 10%, so why shouldn’t we act to
relieve it? There also needs to be a real debate about rebuilding
the financial firewall between our banks and speculative investment activities,
like the ones that caused the meltdown.
The list goes on and on of changes that should be under consideration now,
but aren’t yet. If progressives have a role in shaping the agenda of
2009, it should be to press open the political envelope, before the usual
suspects come back to power, insisting that even the meltdown of 2008 was the
fault of too much government.
(Bill
Kavanagh cross-posts at Buck Naked
Politics, as well as well as here at BBD.)