posted on 17 June 2015
Written by Frank Li
I believe I have the most accurate diagnosis for America, as well as the best solution. In a previous post (Diagnosis for America (Version 3)), I presented my diagnosis. In this post, I will present the solution. But first, let me briefly defend my diagnosis: self-serving career politicians who work for one paramount purpose: getting re-elected ad nauseam.
1. In defense of my diagnosis
Two possible arguments against my diagnosis:
Let's dispel them both.
1.1 Why can't we just elect the right people?
Most people we elect are "right," at least when they are elected the first time. It's the system that turns them "wrong"! Here is an extreme example: in 2006, Senator Obama correctly voted against raising the debt ceiling to $9 trillion, which he labeled "unpatriotic". But under President Obama, our national debt has ballooned to over $18 trillion, and counting!
1.2 Can't we just stop excessive spending?
No, we can't - It's inherent in our political system, regardless of the party in charge! Simply put, Democrats are for "entitlements, tax, borrow, and spend", while Republicans are "strong on defense", which means "wars, tax, borrow, and spend".
As a result, we are already over $18 trillion in debt, rising rapidly!
2. My solution
Constitutional changes! Specifically, here are three absolutely essential, major changes:
2.1 The first principle
2.2 Two assumptions
Because there is little true democracy (i.e. one person, one vote) in a well-run business or family, there should be little democracy in a well-run country! Now, you might argue why democracy worked for us before? Democracy seemed to have worked for us until recently because we, as the richest nation on earth, could afford it. While we enjoyed all kinds of "luxury" (e.g. entitlements and various military missions to save the world), the rest of the world figured out their own paths to success, with Japan shaking us first in the 1980s and now China.
Still unconvinced? Just recall what happened to America's auto industry: It had its own monopoly for many years until serious, true competition from Japan appeared. Soon America's auto industry was driven to bankruptcy! The same applies to the political systems: China's political system appears to be slightly better than America's. China, unlike Japan, has both the size and strength to fully compete with America.
In a 2-hiker situation, all one hiker needs to do, when chased by a hungry grizzly, is to run a bit faster than the other hiker!
2.3 Three propositions
2.4 More details on the solution
We need to introduce some elements of autocracy into our democracy, which means to run our country like a gigantic company, with a structure as follows:
More specifically, here are 10-point details:
3. In defense of my solution
Two possible arguments against my solution:
Let's dispel these two arguments.
3.1 Term limits for Congress
We must have explicit term limits for Congress!
The cruel reality is that incumbents have so many advantages over challengers that most of them keep getting re-elected. More worrisome, most Americans like their own Members of Congress, because they bring home the "pork". What's pork? It's often pure theft from the public treasury!
Here is a valid argument: it takes a newly elected Member of Congress quite some time to learn the job. Here is the solution:
3.2 Printing money
It's true that the U.S. government can print money and has been printing money in large quantity, because the U.S. Dollar is fiat money.
However, anybody who thinks printing money is a real solution must be insane. Domestically, printing money means money devaluation, which has many implications, not the least of which is rampant inflation. Internationally, it could be even more terrible. For example, the Chinese know what fiat money is, as they invented it more than 1,000 years ago. They will therefore do everything possible to protect their "foreign investments". Specifically, here are my three projections:
For more, read: Money and America.
Human legacy includes a history of leadership changing hands. Egypt, Rome, China, and Britain all had their day in the sun. We, America, are having our own now. But our days are clearly numbered, if we keep sleeping on our 200-year-old political system and keep resisting changes. Or we can change, fundamentally and big. China did it. Why can't we?
Mr. Churchill was right about democracy a few decades ago. But things have greatly changed since then. China has a newer system which appears to be slightly better than ours. For more, read: Towards an Ideal Form of Government.
Capitalism has proven to be the best thing that has ever happened to mankind. Capitalism creates unprecedented prosperity wherever it is allowed, even in “Communist China” (“Communist China”, Really?)!
More specifically, it was capitalism that propelled the West ahead of China about 200 years ago (America: What is China, Anyway?). It is capitalism that has got some 600 million Chinese out of abject poverty over the past three decades! It is “state capitalism” in China that will win the head-on competition against American democracy, which destroys capitalism!
America, reform our political system as I have suggested, or become an also-ran, second to China!
More than 200 years ago, it took several elites (aka “the Founding Fathers”) to write the U.S. Constitution. It’s time to repeat it!
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