New Hampshire, a state considered to be a microcosm of
America in terms of its demographic distribution, has sent a message to the
captains of the political and media establishments of the nation: stop the
spin, get off the carousel of the daily cycle, leave the old bill of goods
behind, and give us the straight goods.
The people of New Hampshire gave their approval to a
billionaire who goes around talking about pussies and blood coming out of a
woman's eyes or whatever else; and they gave their approval to an aging nemesis
of billionaires whose demeanor and language are those of an innocent young lad
who wouldn't know a pussy if he tripped on one.
The people let it be known that they are not offended by
what is said when it is said simply and clearly; they are offended by crooked
mouths spewing double-talk that is as clear as mud.
The message of the American masses to the aspiring powers in
the making is that they are not envious of someone's billions as long as he or
she earned them by producing something, but are sick and tired of those who –
for all practical purposes – own and operate the printing presses of the
Central Bank known as the Fed.
The truth is that the people of America know these presses
exist to print and distribute to each member of the society according to the
effort they exert in producing wealth for the nation … not print and distribute
to members of the protection rackets occupying the streets that surround the
Fed, and hug it as if it were private property constructed in their backyard.
Whether a candidate believes in the theories of Milton
Friedman or those of John Maynard Keynes, the people want to know what he or
she will do with their favorite set of theories; not what the other guy will
not do with his. They understand that the world has changed and that
competition from abroad requires the formulation of a new approach to the
existing economic theories, and they want to know what each candidate is
prepared to formulate in this regard.
The people instinctively sense that a mature economy, such
as that of the United States ,
which had the luxury of growing organically by relying on market forces alone,
can no longer rely on those forces because it faces competition from emerging
economies that know what's ahead and plan for it artificially. They take their
cues from the economies that preceded them, and travel on a road they do not
need to construct because it is already there.
On the other hand, those who built the old road and try to
extend it further have a hard time moving as fast ahead as the emerging
economies approach them from behind. While there is a disparity in favor of America between
the accumulated wealth it has, and the accumulated wealth of the emerging
economies, the disparity in the rate of growth is in favor of the emerging
economies. This is why they have the jobs and the mobility for their workers
whereas America
is lagging behind in these areas.
Thus, the candidates who wish to win the trust of the
American electorate must tell it honestly that even though they still believe
in the old Capitalist system, they must adapt it to the new realities by
introducing into it a certain amount of “physical intervention” that will
offset those done in the emerging economies – against which the old fashioned
Capitalism can no longer compete going alone.
The candidate that will formulate a system that's robust
enough to withstand the winds of change, yet remain flexible enough to bend
when necessary instead of breaking, will have the best chance at winning the
confidence of the voters.