Foreign Policy: Daren Acemoglu & Simon Johnson- It's Time To Found a New Republic

Source:Foreign Policy Magazine-

Source:The New Democrat

I read this article called It’s Time To Found a New Republic from Daren Acemoglu and Simon Johnson over at Foreign Policy Magazine. And it wasn’t just the title of the article that caught my attention. It’s Time To Found a New Republic, if they spent more time on the title maybe they would’ve called It’s Time For a New Republic, Time To Create a New Republic, The New American Republic. When something is found you don’t need to fine it, because it’s already there.

But getting pass the wording of the title of their piece most of their article was about American history and the progressive movement. Starting with the Progressive Era of the early 1900s and going up to the New Deal of the 1930s and the creation of the our national infrastructure system of the 1950s. And then towards the end they were had some policy proposals.

Ranging from a national basic income, which I disagree with, to ending partisan, racial, and ethnic gerrymandering which I’m in favor of. When I saw the title of their piece I’m, thinking maybe they were talking about creating a new form of American government. That the problem with American society (as they might see it) is the structure of our government all together. Perhaps they don’t like our Federal system based on limited government and would propose replacing that with a unitarian style of government that you see a lot of in Europe. Where most of the governmental power in the country is based with the national government. Instead of spread out between the national, state, and local government’s.

Just to comment on Daren Acemoglu’s and Simon Johnson’s economic proposals. I don’t believe the problem of income inequality (if you want to call it that) has to do with our government structure and how power and responsibility is spread out. Not that they were arguing that either necessarily. But it has to do with the skills gap and opportunity gaps in the American economy.

If you live in rural America and grow there, or you’re raised in a rough part of an inner city your chances of doing well in America are far lesser than if you come from a middle class neighborhood in a city or from the suburbs. Also if you have parents or even one parent who are doing well in life, not necessarily rich but doing well enough for you to be raised right and have you what you need to do well growing up, your chances of doing well in America are much better if you come from a low-income family in a low-income neighborhood, where your parent or parents are just struggling to survive.

So you want to reduce income inequality (again, if you want to call it that) you have to reduce the inequality that’s part of our education system and have an education system where more Americans can simply get a good education. Regardless of where they live and where they grow up and who their parents are. And of course regardless of their race, ethnicity, or gender. Which should go without saying anyway.

As well as having an adult educational system in this country where low-income adults whether they’re currently working or not, can advance in the American economy by finishing and furthering their education and getting themselves a good job that leads them to economic independence.

As well as having that system available for workers who already have a solid education. High school diploma plus some vocational training and perhaps a college degree, but now find themselves working in a field where those jobs are disappearing or where they’re no longer able to make the money that allows for them to live comfortably. And allow for them to further their education perhaps even in a new field for them.

The problem with the American economy has nothing to do with our form of government. Or our Federal Government is too small, our state and local government’s, have too much responsibility, or middle class Americans are undertaxed and have to much personal and economic freedom and have to make too many decisions on their own.

The problem with the American economy and why we have income inequality (if you want to call it that) has to do with education and skills. We need to move pass the idea that schools should be funded based on the property values of the people who live in those communities . Which has to do with property taxes. And sending kids to school based on where they live, instead of what’s the best school for them.

And get pass the idea that if you start at a low-wage low-skilled job because you’re low-skilled, that you’re stuck working jobs like that indefinitely. Because you can’t afford to go back to school or simply don’t have the time for it, because you’re working multiple low-wage jobs just to try to survive.

You close the skills and education gaps in America, you reduce poverty, because you’ll not just have more Americans working as long as you have pro-growth economic policies in place that promote economic development and growth, but you’ll also have more Americans working good jobs. Which will also improve your long-term economic and financial outlook of the country. Because you’ll have fewer Americans on public assistance.

Source: RCO 64

RCO 64: The American Form of Government