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James Galbraith, son of that wise economist (and there sure aren't many of those around, or in history for that matter) John Kenneth Galbraith, and my favorite economist along with Krugman, has a good article up. I think the money quote is:
The clear and pressing priorities are energy and climate change. To address these challenges is a grand task, requiring decades of research, careful planning and many investments, if we are to pass on a livable planet and a decent living standard. Institutionally it will require new lending agencies to assure that the funds needed are available over the long term. And the work can provide jobs for millions, for many years.
"the work can provide jobs for millions, for many years." We could do this, but we sure won't get a chance if we don't get our smart, educated, smart, compassionate, smart, passionate, smart candidates to Congress. If President Obama had a Congress he could work with, we would be headed for a much brighter future. I refuse to fault Obama, I don't think there was much more he could have done. The question in my mind would always be: how many fights can you lose before the "loser" tag is stuck on so tight no one hears you talking anymore? With our media, it wouldn't take long.
