Showing posts with label political candidates. Show all posts
Showing posts with label political candidates. Show all posts

Thursday, September 27, 2012

This Presidential Race Should Never Have Been This Close


by Matt Taibbi
 
The press everywhere is buzzing this week with premature obituaries of the Romney campaign.

New polls are out suggesting that Mitt Romney's electoral path to the presidency is all but blocked. Unless someone snags an iPhone video of Obama taking a leak on Ohio State mascot Brutus Buckeye, or stealing pain meds from a Tampa retiree and sharing them with a bunch of Japanese carmakers, the game looks pretty much up – Obama's widening leads in three battleground states, Virginia, Ohio and Florida, seem to have sealed the deal. 

That's left the media to speculate, with a palpable air of sadness, over where the system went wrong. Whatever you believe, many of these articles say, wherever you rest on the ideological spectrum, you should be disappointed that Obama ultimately had to run against such an incompetent challenger. Weirdly, there seems to be an expectation that presidential races should be closer, and that if one doesn't come down to the wire in an exciting photo finish, we've all missed out somehow.

Frank Bruni of The New York Times wrote a thoughtful, insightful editorial today that blames the painful, repetitive and vacuous campaign process for thinning the electoral herd and leaving us with only automatons and demented narcissists willing to climb the mountain:
Romney's bleeding has plenty to do with his intrinsic shortcomings and his shortsightedness: how does a man who has harbored presidential ambitions almost since he was a zygote create a paper trail of offshore accounts and tax returns like his?
But I wonder if we're not seeing the worst possible version of him, and if it isn't the ugly flower of the process itself. I wonder, too, what the politicians mulling 2016 make of it, and whether, God help us, we'll be looking at an even worse crop of candidates then.
The Times, meanwhile, ran a house editorial blaming Romney's general obliqueness, his willingness to stretch the truth and his inability to connect with ordinary people for his fall. David Brooks ran a column suggesting that Romney's overreliance on a message of strict market conservatism, ignoring the values message of "traditional" conservatism, was what killed him in the end.

All of these points of view have merit, I guess, but to me they're mostly irrelevant. The mere fact that Mitt Romney is even within striking distance of winning this election is an incredible testament to two things: a) the rank incompetence of the Democratic Party, which would have this and every other election for the next half century sewn up if they were a little less money-hungry and tried just a little harder to represent their ostensible constituents, and b) the power of our propaganda machine, which has conditioned all of us to accept the idea that the American population, ideologically speaking, is naturally split down the middle, whereas the real fault lines are a lot closer to the 99-1 ratio the Occupy movement has been talking about since last year.

Think about it. Four years ago, we had an economic crash that wiped out somewhere between a quarter to 40% of the world's wealth, depending on whom you believe. The crash was caused by an utterly disgusting and irresponsible class of Wall Street paper-pushers who loaded the world up with deadly leverage in pursuit of their own bonuses, then ran screaming to the government for a handout (and got it) the instant it all went south.

These people represent everything that ordinarily repels the American voter. They mostly come from privileged backgrounds. Few of them have ever worked with their hands, or done anything like hard work. They not only don't oppose the offshoring of American manufacturing jobs, they enthusiastically support it, financing the construction of new factories in places like China and India.

They've relentlessly lobbied the government to give themselves tax holidays and shelters, and have succeeded at turning the graduated income tax idea on its head by getting the IRS to accept a sprawling buffet of absurd semantic precepts, like the notions that "capital gains" and "carried interest" are somehow not the same as "income."

The people in this group inevitably support every war that America has even the slimmest chance of involving itself in, but neither they nor their children ever fight in these conflicts. They are largely irreligious and incidentally they do massive amounts of drugs, from cocaine on down, but almost never suffer any kind of criminal penalty for their behavior.

If this race had even one guy running in it who didn't take money from all the usual quarters and actually represented the economic interests of ordinary people, it wouldn't be close. It shouldn't be close.

That last thing I would say is probably appropriate, except for the fact that hundreds of thousands of poor (and mostly black and Hispanic) kids get tossed by cops every year (would you believe 684,000 street stops in New York alone in 2011?) in the same city where Wall Street's finest work, and those kids do real time for possession of anything from a marijuana stem to an empty vial. How many Wall Street guys would you think would fill the jails if the police spent even one day doing aggressive, no-leniency stop-and-frisk checks outside the bars in lower Manhattan? How many Lortabs and Adderalls and little foil-wraps of coke or E would pop out of those briefcases?

For all this, when it came time to nominate a candidate for the presidency four years after the crash, the Republicans chose a man who in almost every respect perfectly represents this class of people. Mitt Romney is a rich-from-birth Ivy League product who not only has never done a hard day of work in his life – he never even saw a bad neighborhood in America until 1996, when he was 49 years old, when he went into some seedy sections of New York in search of a colleague's missing daughter ("It was a shocker," Mitt said. "The number of lost souls was astounding").

He has a $250 million fortune, but he appears to pay well under half the maximum tax rate, thanks to those absurd semantic distinctions that even Ronald Reagan dismissed as meaningless and counterproductive. He has used offshore tax havens for himself and his wife, and his company, Bain Capital, has both eliminated jobs in the name of efficiency (often using these cuts to pay for payments to his own company) and moved American jobs overseas.

The point is, Mitt Romney's natural constituency should be about 1% of the population. If you restrict that pool to "likely voters," he might naturally appeal to 2%. Maybe 3%.  

If the clichés are true and the presidential race always comes down to which candidate the American people "wants to have a beer with," how many Americans will choose to sit at the bar with the coiffed Wall Street multimillionaire who fires your sister, unapologetically pays half your tax rate, keeps his money stashed in Cayman Islands partnerships or Swiss accounts in his wife's name, cheerfully encourages finance-industry bailouts while bashing "entitlements" like Medicare, waves a pom-pom while your kids go fight and die in hell-holes like Afghanistan and Iraq and generally speaking has never even visited the country that most of the rest of us call the United States, except to make sure that it's paying its bills to him on time?

Romney is an almost perfect amalgam of all the great out-of-touch douchebags of our national cinema: he's Gregg Marmalaard from Animal House mixed with Billy Zane's sneering, tux-wearing Cal character in Titanic to pussy-ass Prince Humperdinck to Roy Stalin to Gordon Gekko (he's literally Gordon Gekko). He's everything we've been trained to despise, the guy who had everything handed to him, doesn't fight his own battles and insists there's only room in the lifeboat for himself – and yet the Democrats, for some reason, have had terrible trouble beating him in a popularity contest.

The fact that Barack Obama needed a Himalayan mountain range of cash and some rather extreme last-minute incompetence on Romney's part to pull safely ahead in this race is what really speaks to the brokenness of this system. Bruni of the Times is right that the process scares away qualified candidates who could have given Obama a better run for all that money. But what he misses is that the brutal campaign process, with its two years of nearly constant media abuse and "gotcha" watch-dogging, serves mainly to select out any candidate who is considered anything like a threat to the corrupt political establishment – and that selection process is the only thing that has kept this race close.

Barack Obama is hardly a complete Wall Street stooge. The country's most powerful bankers seem genuinely to hate his guts, mainly because they're delusional and are sincerely offended by anyone who dares to even generally criticize them for being greedy or ethically suspect, as Obama has with his occasional broadsides against "fat cat bankers" and so on.

On the other hand, Obama's policy choices in the last four years have made it impossible for him to run aggressively against the corruption and greed and generally self-obsessed, almost cinematic douchiness that Romney represents.

With 300 million possible entrants in the race, how did we end up with two guys who would both refuse to bring a single case against a Wall Street bank during a period of epic corruption? How did we end up with two guys who refuse to repeal the carried-interest tax break? How did we end with two guys who supported a vast program of bailouts with virtually no conditions attached to them? Citigroup has had so many people running policy in the Obama White House, they should open a branch in the Roosevelt Room. It's not as bad as it would be in a Romney presidency, but it comes close.

If this race had even one guy running in it who didn't take money from all the usual quarters and actually represented the economic interests of ordinary people, it wouldn't be close. It shouldn't be close. If one percent of the country controls forty percent of the country's wealth – and that trend is moving rapidly in the direction of more inequality with each successive year – what kind of split should we have, given that at least one of the candidates enthusiastically and unapologetically represents the interests of that one percent?

To me the biggest reason the split isn't bigger is the news media, which wants a close race mainly for selfish commercial reasons – it's better theater and sells more ads. Most people in the news business have been conditioned to believe that national elections should be close.

This conditioning leads to all sorts of problems and journalistic mischief, like a tendency of pundits to give equal weight to opposing views in situations where one of those views is actually completely moronic and illegitimate, a similar tendency to overlook or downplay glaring flaws in a candidate just because one of the two major parties has blessed him or her with its support (Sarah Palin is a classic example), and the more subtly dangerous tendency to describe races as "hotly contested" or "neck and neck" in nearly all situations regardless of reality, which not only has the effect of legitimizing both candidates but leaves people with the mistaken impression that the candidates are fierce ideological opposites, when in fact they aren't, or at least aren't always. This last media habit is the biggest reason that we don't hear about the areas where candidates like Romney and Obama agree, which come mostly in the hardcore economic issues.

It's obviously simplistic to say that in a country where the wealth divide is as big as it is in America, elections should always be landslide victories for the candidate who represents the broke-and-struggling sector of the population. All sorts of non-economic factors, from social issues to the personal magnetism of the candidates, can tighten the races. And just because someone happens to represent the very rich, well, that doesn't automatically disqualify him or her from higher office; he or she might have a vision for the whole country that is captivating (such a candidacy, however, would be more feasible during a time when the very rich were less completely besotted with corruption).

But when one of the candidates is Mitt Romney, the race shouldn't be close. You'll hear differently in the coming weeks from the news media, which will spend a lot of time scratching its figurative beard while it argues that a 54-46 split, or however this thing ends up (and they'll call anything above 53% for Obama a rout, I would guess), is evidence that the system is broken. But what we probably should be wondering is why it was ever close at all.

Tuesday, April 10, 2012

Obama and Romney Are Politicians, Not Visionaries


by Dean Baker
 
There is a dangerously painful story line that is being propagated about a presidential race between President Obama and Mitt Romney. The line is that this will be a contest over competing visions for the country. In this story the alternative visions are outlined in the competing budgets put forward by President Obama and House Budget Committee Chairman Paul Ryan, which Governor Romney has embraced.

The story of competing visions is a cute fairy tale for people who don't know anything about Washington and American politics. For adults who have not newly arrived from some foreign country, this line is just silly.

President Obama and Governor Romney are politicians, not philosophers. They have not made it to the top of the political ladder because of their grand visions of the future. They got their positions by appealing to powerful political actors who were able to give them the money and/or votes needed to get ahead.

The absurdity of the competing visions story is apparent to anyone who has looked at the Ryan budget. According to the Congressional Budget Office's (CBO) analysis of Representative Ryan's budget, which was prepared under his direction, the budget would shrink all non-Social Security and non-health care spending to 3.75 percent of GDP by 2050.

To put this in perspective, the United States currently spends roughly 4 percent of GDP on the military, not including spending on the war in Afghanistan. Since the start of the Cold War it has never spent less than 3.0 percent of GDP on the military. Ryan does not want sharp cuts in defense; in fact he has already criticized the modest cuts President Obama's 2013 budget proposal.

Let's assume that Representative Ryan wants to keep defense spending somewhere between its 3.0 percent of GDP low and the 4.0 percent current level. That leaves somewhere between zero and 0.75 percent of GDP for everything else the federal government does other than Social Security, health care and defense.

This spending must cover all of the federal government's spending on road and bridges, airports and every other form of transportation. It covers its spending on aid to education, from running day care and Head Start to Pell grants and other college aid. It covers research and development including funding for the National Institutes of Health. It includes the money needed to run the State Department, the Justice Department, the FBI, and the federal prison system. It includes the money to pay for the border patrol and immigration enforcement, the patent office, and Food and Drug Administration.

In short, if the Romney-Ryan budget is taken seriously, then the vision essentially involves shutting down the federal government. All the federal government will do is literally run a military and pay out money for health care and Social Security. We will have no federal courts, federal law, patents, copyrights or borders since their budget has no money to pay for the institutions needed for enforcement.

So what exactly is the Romney-Ryan vision in this scenario? How do they envision that Pfizer and Merck will make money when there is no patent agency to register their drug patents or courts to enforce them? The same applies to copyrights for Microsoft, Time-Warner and all the other firms that depend on copyright protection.

What will be U.S. immigration policy when we have no one to enforce borders or even issue passports? Is the Romney-Ryan vision an open country with no borders? How about the airwaves, what will broadcast and telecommunications giants like Comcast and Verizon do to secure their access to the airwaves when there is no Federal Communications Commission to parcel out bandwidth?

Will there no longer be an interstate highway system, since there will be no federal funds to maintain it? Will airports and air traffic control be left to states, since there is no money for the Federal Aviation Commission?

These are the questions that reporters should be asking about the Romney-Ryan vision. The arithmetic in the Romney-Ryan budget says that they want to shut down the federal government outside of Social Security, health care and defense. Maybe the reporters who are singing about competing visions can try to tell the rest of us what the Romney-Ryan vision means, since the information on the table does not give a clue as to what the Romney-Ryan world looks like.

Since the Romney-Ryan vision makes zero sense (challenge to pundits: try to show otherwise), let's try an alternative story. Suppose that there is no Romney-Ryan vision.

Suppose that Romney and Ryan are politicians trying to appeal to rich people by promising them big tax cuts. After all, big tax cuts for the rich is the item is that is most clearly defined in the Romney-Ryan budget.

So why don't "neutral" reporters just tell us what the budget does -- it gives tax cuts to the rich and guts programs that benefit the middle class and the poor. The stuff about "vision" is just nonsense to tell children and Washington pundits.

Wednesday, August 10, 2011

Both Parties Now in Dash for Anonymous Cash

(This is a fine example of how the Republicrats and Demacans are really the same party serving the same corporate agenda--the difference being that one wears red, the other wears blue, and they've sold the myth to most voters that they are in opposition to one another--with a terrible one-act play they perform daily--when in actuality, they are owned by the same corporations, sleep with the same people, drink at the same bars, keep their money in the same Wall Street accounts, eat at the same troughs, etc. No difference.--jef)

Tuesday, August 9, 2011 by Politico.com
by Kenneth P. Vogel

If anyone had doubts about the role that anonymous and untraceable money will play in the 2012 campaign ad wars, a flurry of recent reports and voluntary disclosures should put them to rest.

Right-wing independent groups are likely outpacing the left in collecting anonymous cash. The full extent of the anonymous giving is by definition impossible to know. But the recent disclosures as well as interviews with fundraising sources suggest that Republican-allied independent groups are outpacing Democratic ones in collecting undisclosed contributions to fund their political advertising, just as they did in 2010.

But, perhaps more significantly, they show that Democrats, who vociferously attacked that kind of fundraising last year, have set aside their qualms and are now active competitors in the anonymous donor arms race.

The three main anonymously funded Democratic outside groups – Priorities USA, American Bridge 21st Century Foundation and Patriot Majority – collected at least $3.7 million in untraceable contributions, and probably much more, in the first half of the year, according to voluntary disclosures and anecdotal information on ad buys.

While that’s not as much as the $5.8 million in fundraising reported in that same period by the sister organizations of those groups, which do disclose donors – Priorities USA Action, American Bridge 21st Century and Majority PAC — the feeling among some in Democratic fundraising circles is that the balance will likely tilt towards undisclosed donations as the groups seek to expand their donor bases.

And the fact that Democrats are soliciting undisclosed contributions at all at this early stage of the race illustrates the central role anonymous donors are expected to play in the run-up to the 2012 elections.

Democrats “don’t have a choice, because the other side is doing it – would you send David to fight Goliath without a slingshot?” said Erica Payne, a liberal strategist who helped create the Democracy Alliance, a network of major liberal donors.

Many such donors “feel more comfortable donating to groups that don’t disclose,” she said, because some are publicity averse and also because “as soon as their name appears in the paper as having contributed, their phone number goes on the speed dial of every congressmen, committee and party that wants to raise money.”

While it’s impossible to do an apples-to-apples comparison, conservatives seem to maintain a wide edge when it comes to anonymously funded political advertising, with groups that don’t disclose contributions including the U.S. Chamber of Commerce, Americans for Prosperity and the 60 Plus Association – which combined to spend tens of millions on ads boosting Republicans in 2010 – gearing up for even bigger campaigns headed into 2012.

And the biggest spending Republican group this year – Crossroads Grassroots Policy Strategies – is about midway through a two-month advertising binge attacking President Barack Obama and congressional Democrats that is expected to cost more than $20 million, alone.

Crossroads GPS, as the group is known, is registered under a section of the tax code – 501(c)4 – that does not require the disclosure of donors’ names, but it was actually started as a spin-off of another group that does disclose its donors – American Crossroads. That group, a new type of political action committee known as a super PAC, has seen its fundraising lag behind its non-disclosing sister group. In the first six months of 2011, according to a report filed late last month with the Federal Election Commission, it raised only $3.9 million.

The two-pronged structure of the Crossroads outfit was the model for the new Democratic outside efforts, which were created in response to the explosion of spending by a network of outside groups, including Crossroads, that were conceived by veteran GOP operative Karl Rove.

The Democratic outfits also pair 501(c)4 groups – including Priorities USA, American Bridge 21st Century Foundation and Patriot Majority – with super PACs, including Priorities USA Action, American Bridge 21st Century and Majority PAC.

Patriot Majority recently went up with $225,000-worth of ads in three states pushing back on Crossroads GPS’s attacks on Democratic senators, while American Bridge 21st Century Foundation and Priorities USA told POLITICO they’d raised $1.51 million and at least $2 million, respectively.

But such 501(c)4 groups won’t be required to file reports listing even basic information about their 2011 finances until well into next year — and they probably will never be required to disclose even a single donor’s name, making it likely that we’ll never know who funded many of the political ads aired in the run-up to the 2012 elections.

Meanwhile, the super PACs affiliated with those groups – combined with another linked super PAC called House Majority PAC – collected huge checks in the first six months of the year from labor unions and wealthy liberals in entertainment and finance, according to reports filed late last month with the FEC. And their donors are known.

The Service Employees International Union contributed a total of $1.1 million spread among the groups. Dreamworks Animation chief executive Jeffrey Katzenberg contributed $2 million to Priorities USA Action, Chicago media magnate Fred Eychaner gave $600,000 ($100,000 to House Majority PAC and $500,000 to Priorities USA Action), insurance magnate Peter Lewis gave $200,000 to American Bridge and billionaire financier George Soros gave $75,000 to House Majority PAC.

On the Republican side, American Crossroads received almost all of its cash in the first half of the year – $3.8 million – from just a handful of millionaires and corporations. Investor and former Univision chairman Jerry Perenchio gave $2 million through his trust. Dallas investor Robert Rowling, whose firm owns Omni Hotels and Gold’s Gym, gave $1 million. Texas homebuilder Bob Perry gave $500,000.

“Some people want their names listed because they want credit – they want that policymaker or candidate [supported by a super PAC] to know that they’re giving and they want them to know quickly,” said a Democratic operative involved in fundraising for independent groups. “Other people want to stay [anonymous] because they are afraid of retribution or controversy.”

Super PACs and 501(c)4s are barred from coordinating their spending with the candidates they intend to help. But the groups – which can accept unlimited contributions from individuals, corporations and unions – are often seen as a way for deep-pocketed donors to have more impact than by merely writing checks to candidates and parties, which are capped by federal rules that also bar union and corporate contributions to candidates.

It was the Supreme Court’s decision in Citizens United v. FEC that cleared the way for the advent of superPACs as well as the rise in popularity of 501(c)4s as vehicles for political advertising. The decision, which allowed corporations and unions to spend unlimited money on campaign ads, was widely criticized by Democrats, as was the explosion of advertising spending by anonymously funded conservative groups, which Obama called “a threat to our democracy. The American people deserve to know who’s trying to sway their election.”

But after the election, Obama’s allies dialed back their opposition to big-money outside spending and it wasn’t long before close allies of the president and Democratic congressional leaders had formed their own network of groups.

“We’re following all the same rules that Rove’s Crossroads is,” said Bill Burton, who served as deputy White House press secretary while Obama was attacking anonymous political spending, but now runs the Priorities groups. “We may not like the rules, but we’re not going to let Karl Rove and the (conservative billionaire) Koch brothers play by one set of rules while we are overrun with their millions.”

But Jonathan Collegio, a spokesman for the Crossroads groups, told POLITICO it’s “brazen hypocrisy” for the Democratic 501(c)4s to accept anonymous donations. “If they really believe it was a threat to democracy, I don’t think you’d get involved in one of these groups,” he told the St. Petersburg Times late last month.

Yet, back when Crossroads started out last year, it, too, shunned secret donations and extolled disclosure. Its chairman, Mike Duncan, described himself in May 2010 as “a proponent of lots of money in politics and full disclosure in politics,” and said Crossroads intended to “be ahead of the curve on” transparency.

Less than one month later, with American Crossroads struggling to raise money from donors leery of having their names disclosed, operatives spun off Crossroads GPS, and its fundraising team, led by Rove, began emphasizing to prospective donors the ability to give anonymous contributions.

Fundraising took off, and together, the groups ended up raising more than $70 million in 2010, with the majority of it – $43 million – going to Crossroads GPS.

Despite their increasing prominence in political advertising, Crossroads GPS and other 501(c)4 groups, which the IRS classifies as “social welfare organizations,” are still considered something of an uncertain legal proposition and also a somewhat more restrictive political vehicle, as a result of the tax code’s requirement that they spend more than half of their money on non-campaign-related activity.

Legalities aside, former Democratic Sen. Russ Feingold of Wisconsin, who for years was a leading crusader against big money in politics, suggested his party risked losing the moral high ground by joining the chase for undisclosed, unlimited cash.

Feingold – who last week launched a 501(c)4 group of his own but pledged to disclose all its contributions and to only accept only limited individual donations – told POLITICO “Democrats shouldn’t be in the game of influencing elections with anonymous, unlimited money. It’s dancing with the devil.”

Monday, July 12, 2010

Dear Candidate: What Will You Do if Growth Is Over?

Posted by Nate Hagens on July 11, 2010 

What if there were the possibility that economic growth did not return? What might that imply? There is such a vast dissonance, that such a possibility is not even remotely discussed in political circles. The essay below the fold was adapted from the Institute for Integrated Economic Research website (under construction)- on what possible benign trajectories exist in a world after growth.



Fig 1: Official and alternative scenarios for U.S. GDP growth

One of the most surreal phenomena one encounters these days is that no country, no established economic research institute (aware of as of this posting), and no international organization (such as the IMF) publicly discusses scenarios that don't plan for a return to stable economic (GDP) growth. Even Greece's government, after 2012, expects growth, which would allow the country to slowly reduce its monster debt load. Similarly, the U.S. government forecasts annual average (real) growth rates of 4.4% for the years 2012-2014, and 2.4% thereafter until 2020. This theme is globally ubiquitous. (ADDENDUM: Today Lloyds of London said global institutions are underestimating impacts of peak oil).


The above graph is one organization's view of the general magnitude of risks facing societies. Whether or not you agree with their projections is secondary to their ranking in mainstream discussions. On a long term horizon, clearly the health of our environment is of upmost importance. And, along with climate change and other potential externalities, resource depletion issues of various stripes pose large risks to the system as we know it. But before we face the long term we have to go through the short term, which will have to navigate the energy/debt/growth gauntlet. For all the effort being undertaken internationally to address climate, little if any is being made towards building bridges through and past a period of declining growth and wealth. Cognitive dissonance meet group think...

Given the stakes, it is quite worrying that in all the institutionalized economic projections of late, decline or zero growth aren't even mentioned as a possibility. One can speculate why this is the case, but there is significant evidence that only limited efforts- if any - are being allocated to understanding the possible consequences and required mitigation strategies of such a trajectory.

We have no insurance for "no-growth" scenarios

Given the constraints in natural resources, our currently unprecedented levels of debt on a global scale, and the absence of ideas for the next grand "leap forward" for mankind, it seems plausible that we might have to bid adieu to economic growth, and not just for a year or two, but for a long time. Some models at IIER (and other whisper numbers at boutique firms and the blogosphere) suggest the chances for steady economic growth after 2010 are below 10-20%. Even if you disagree with such low odds and put the probability for "more growth" to, say, 80%, doesn't it seem a bit irresponsible to not at least consider the other 20%? Not buying insurance for a risk that might hit you with some pretty negative consequences with a one in five chance strikes me as not the best strategy for a resilient and forward thinking society.

Consequences of "no growth" are quite unpleasant

Our current world is about as prepared for "no growth" as is a fish to walk on land. All our current claims systems, the credit outstanding, including government debt, our pension expectations, our savings, our hopes and dreams, are mostly focused on a "there will be more tomorrow" mentality. Should this "more" disappear as a possibility, we will likely not just see small implications, but rather a disruptive destruction of both perceived wealth and security, accompanied by the shattering of hopes and dreams, the perception alone which might cause further trouble in our highly complex societies. Choosing to go forward to a world with different aspirations than growth might have some unexpected positive surprises. But one could argue the worst will happen if we run into such a world completely unprepared. This is why we urgently need policymakers to face the risk of "no-growth," to understand possible implications and to work on transition approaches.

Why not use upcoming elections to ask a few questions?

So with elections coming up in a number of places, particularly for mid-term this fall, why not ask some questions to those people who want our vote? Why not at least instill awareness, concern and caution into the candidates who wish to represent us in the future? Why not have them ask themselves how they'd deal with a situation where they can no longer promise "more" to their constituents, but instead have to think about how to make "less" more appealing to everyone...?