Fixing Our Economy - A Few Suggestions

By now I think even the most skeptical and conservative would have to agree that we are in, at the least, a recession here in the U.S. Personally I’m inclined to agree with those that feel this started late last year as that is when my computer consulting business saw the bottom drop out of it.

Because this is an election year there has been much mud and smoke thrown about as both major political parties describe how wonderful their plan is and how bad the other party’s plan would make things. I’m not here to say which side is best, rather I want to point out some [possible] long-term solutions that are not being discussed:

Energy

Currently we import and consume too much oil. Oil is not a sustainable resource and, while we can’t agree on when it will run out, we will eventually run out of it. There are other ways to produce energy. We need to fund, at a national level, research on alternatives. There are a number of, I feel, obvious benefits from this, including:

• We reduce the amount of money flowing from this country and spend it here at home instead.
• Money spent on research should spur an increase in engineering and other related fields. This country desperately needs more high-wage jobs as opposed to our current choices of “paper or plastic?” and “you want fries with that?” opportunities.
• Reduction in air, water, and land pollution.

Check out official energy statistics from the U.S. Government showing how much we import and from which countries.
Read what the Apollo Alliance has to say on clean energy and good jobs.
I have more ideas posted on my alternative forms of energy blog post.

Science

Nations prosper that invest in science and engineering. For many years the U.S. was a leader in new technologies and we prospered because of it. Now, unfortunately, few students are interested in math and science because there are not enough new jobs being created.

I know that a lot of people feel that ‘pure science’ research is just money being thrown away. However, research spurs new ideas and new products. New products lead to new jobs. Have you seen the unemployment numbers lately? This country has been on a net job loss for too long. When people have a job they can spend money on things they need. Spending leads to investment with leads to even more jobs and a way out of this recession.

Check out what the HPC Wire has to say about current science funding.
See a comparison of U.S. to China science funding.

The future of this country

The U.S. is still a superpower, but for how much longer? China is in the process of outpacing us in both scientific funding and space exploration.

So what you say? Why waste money on science and space? Look at some of the spin-off products from our space program are now part of our daily life:

• NASA technology gave us a "cool" laser, which provides thousands of patients with an alternative to heart bypass surgery.
• Hubble Space Telescope technology has made it possible to do certain breast biopsies with a needle instead of a scalpel.
• The foam insulation that covers the shuttle's external tank, developed by NASA's Marshall Space Flight Center and Lockheed-Martin, is used to make molds for fitting artificial limbs.
• Medical personnel can monitor fetal activity inside the womb using a small pill-shaped transmitter developed at NASA's Ames Research Center.
• The same material used for lightweight, durable spacesuits is used as permanent covering for shopping centers and sports stadiums. NASA technology also is used to pad football helmets and baseball and soccer chest protectors and shin guards.
• NASA-driven technology also makes possible satellite TV transmission and telephone signals that are beamed around the world.
• It has led to microcapsules that help clean up oil spills and to satellite remote sensing technology that locates and maps forest fires.

There's a lot more. Read the full list at the NASA Solutions site.
Read about recent developments in China’s space program.
Take a look at China’s overall space program and plans.
Read about some of the medical benefits that have come from space exploration.
Space exploration is important, read more here.
Mining resources from space, read more here.
Take a look at planet Earth as seen from space.

After World War II this country invested in both science and space. Our economy boomed. People from all over the world flocked to this nation because of the availability of high-paying jobs and the many opportunities for all to prosper. If we are going to get out of our current mess we need to look at what worked for us before. We can’t afford to wait.