American Economic and Global Resurgence.
James Paul Zaworski
The United States of America has experienced significant surges, and also significant downturns and setbacks in the twenty years since the end of the Cold War. Among these have been upswings in the economy, due to the policies of the Clinton administration. These were due, in part, to a defense spending fall off from Cold War era stance. There have been significant downturns, such as 9/11 and the subsequent spending on the “War on Terror”. Iraq , Afghanistan , Yemen , Somalia , and the enlargement of the government (“The Department of Homeland Security”), and other, related government spending depleted the coffers. That, coupled with the increased departure of manufacturing jobs outsourced to China and India , and finally the nail in the coffin, the banking and housing market crash of 2008, which landed us into a global economic recession, as well as a domestic recession. Clearly, a resurgence of the United States of America as both an economic powerhouse, and as the preeminent global superpower are at hand if we focus on four aspects of our domestic economy: agriculture, new technologies, manufacturing, and in fair trade.
In terms of agriculture, the United States of America is the leading producer in many areas: corn, soybeans and wheat. These crops are coveted, and highly so, by the emerging economies of China and India , who produce a lot of each, but not enough to satisfy their respective populations. The world population is growing, and the demand for food is growing with it. There is an economic opportunity here. The United States government should continue to subsidize the American farmer, and develop new technologies and research to continue to produce even more food for the world. This export market is a vital one that not only benefits the United States economy, but also can be leveraged in the future, much as oil has been leveraged in the past against us. Agriculture is in our vital national interest. We are blessed in the United States with ample and fertile land, and should keep every acre in reserved conservation status, ready to be put into use when needed.
New, and renewable, domestic sources of energy need to be researched, and developed. This is vital. There is a long term benefit to the economy of the United States that will manifest itself in two arenas: domestic job production, and a removal of the Middle East as a source of energy. The first is the production of a whole new job industry domestically. Solar, wind, and liquid hydrogen are the known technologies that can be developed further. Other technologies, from the power of waves, and even kinetic energy of pedestrians walking on a specially designed sidewalk that creates electricity from the heavy footsteps of hurrying commuters (or cars), can all be added to our aging electric infrastructure grid.
The other removes the Middle East from a strategic area of our national interest. The expenditure we will gradually reduce will benefit the United States economically and militarily. The Middle East will receive less and less money from petroleum production. The governments there will have to rely on other means. They are solar rich countries, and will have to initially buy the enhanced solar technology that we produce to establish their grid; The UAE is already trying to do this.
Wars that the United States of America is involved in that are in our national interest will fade from the scene. The savings will be trillions of dollars in each successive decade. Countless lives will be saved. Peace will be fostered.
The next area is manufacturing. The United States is a country that can make things. We have a history of it. We need not continue to export jobs to other countries to make a profit. A tax on every company that exports jobs to other countries should be levied, in the least. A subsidy for each company that develops manufacturing jobs, or maintains them, in the United States should be legislated. We made stuff in the past, and we can continue to make stuff in the future. A service economy is not what we should be.
Finally, trade. Stop doing business with countries that don’t play fairly by the rules of the World Trade Organization. They need to stop benefiting from this huge trade gap that continues to drain our economy. It makes no sense at all that we continue to hemorrhage money in this way, empowering our potential adversaries while weakening ourselves. Deal with it, and deal with it fairly, and we should come out on top.
For the above reasons, the United States of America can, if implemented, resurge both our economy and our place in the world. By becoming more competitive in food production, increased manufacturing, developing green technology and innovative energy technologies, we will reduce our dependence on foreign energy, and also by safeguarding our fair trade practices in the world, we will fix the domestic economy, and become the country that is indispensible in the world economy and in world security.