A few provocative questions for the Presidential debate

A lot of people have lists of questions they want asked at tonight’s (or any) Presidential debate.

Most center on the current economic crisis.

I’d like to add five questions that I’m not sure are in many people’s list…

  1. Many economists say that the root cause of the current economic crisis was the extension of lending into sub-prime markets driven by Congresses’ insistence that loans be expanded under the CRA. To use plain words, to have averted this crisis someone would have to have said, “Don’t lend to poor people.” Are you as President willing to make that kind of a call?
  2. Currently one in three Americans are employed in some way by or for a governmental entity. Do you find that comforting or disturbing and as President would you seek to increase or reduce the government payroll?
  3. Education, primarily at the secondary school level is at the root of the economy’s future productivity. Given the rift in our nation’s culture, arguments over evolution vs creationism, and the requirements for diversity and sex education occurring in our schools today, do you see any way for the Federal Government to improve the declining and unequal quality of our High Schools, or do you believe that their management should be left at the local level?
  4. Do you believe that immigration is an overall benefit or detriment to our economy, and based on your position, would you seek to expand or contract it under your administration?
  5. We hold that the truths of our Constitution are self evident and universal to all mankind. Do you see any time in your administration where a 51st state would or should be added to our country?

That should get them going…

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More from Dougist.com on the Financial Crisis

Are Americans worthy of being saved?

Comments of the current crisis

Comments of the current crisis – Regulation

Creative destruction, I hope…

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2 Comments

  1. Posted October 8, 08 at 10:39 am | Permalink

    What about the war(s) in other parts of the world and the cost of that to the economy and the nation?

  2. Doug
    Posted October 8, 08 at 11:43 am | Permalink

    Hi Orna…

    I’m not exactly sure what you are getting at.

    Do you mean a question could be “What do you feel are the economic impacts of military conflicts around the world? Would you as President feel the need to intervene to stop them and how would that benefit America”?

    Another tack might be “President Roosevelt’s administration taught us that a clear way out of an economic depression is through large scale military conflict. To this day many in Japan believe that the US was the aggressor in 1942 forcing them into a war over oil and to end the Great Depression. As President would you follow a policy that promotes military activity as an economic stimulus, or do you pledge not to use our armed forces for domestic economic growth?”

    (Now before everyone sends in the hate mail, the Yasukuni Shrine in Tokyo takes exactly this line in their museum displays about the war. I was quite taken back by the exhibit which ends with one of the few remaining kamikaze jets and kamikaze submarines. Chilling.

    And I also know that there is a murky line between economic power and military/imperial power, but I think that the question would still be revealing about how a candidate thinks about the use of military force and how sophisticated he thinks about defense issues. Remember: All wars are economic… eventually.

    As horrific as it my sound, wars are beneficial to the economy of the victor. If you follow an imperialist philosophy this comes from resource acquisition, if you follow a Keynesian economic philosophy it comes from the vast expansion of aggregate demand and massive technology spending associated with military production.

    Finally, my question completely disregards the human suffering associated with military conflict, both in the theater of combat and amongst the armed forces so engaged, but since you posed your question as an economic one, I have also skipped that point )

    btw: Love your web site

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