President Barack Obama warned fellow world leaders at the Group of 20 summit in London that they should not count on "voracious" U.S. consumers generating the level of demand that helped drive eight years of strong global economic growth.
But without an obvious growth engine to replace flagging American consumption, the global economy appears headed for a prolonged slump followed by only a tepid rebound.
"It is going to be a difficult paradox for the world, with the economy at the epicenter of the crisis -- the United States -- still being seen as the savior of the world at large," said Eswar Prasad, a senior fellow at the Brookings Institution.
Many of us have come to understand that it is the powers of nature rather than spooks in the sky that drives all species to compete for survival, and realize that we must devise ways to overcome the need to compete for the earthly resources that sustain our livelihood. We now have the transportation and communication technology to govern the planet with a single administration, and could prevent the costs and sorrows of war by uniting the nations. Then we would no longer need large populations to supply us with plentiful cannon fodder, or the modern technical weaponry to defeat each other with. By eliminating the need for trade and immigration restrictions we could save still more. By offering such huge savings to the public we should, in effect, be able to bribe the masses into abandoning their attempts to gain legislated advantages over each other. By so doing, we could additionally save the enormous expense of holding periodic elections, and the high salaries and perks of the representatives that gain their support through providing the majorities with legislation that economically appeases them: ridding ourselves of the scoundrels that lead us to commit such atrocities upon each other.
Without politicians and governmental programs for the unemployable, we would have to revert back to the times where family groups cared for their own invalids and elders, and with the tax money retained, could again provide assistance or disability insurance for the truly needy. This would prevent the present welfare scams, and second generations that become accustomed to living on the dole: for relatives wouldn't continue to slave for those that were inconsiderate of them. People should be more concerned with the able bodied, and strive to prevent further deterioration of the planet's life supporting environment. As well we must use our advancing intelligence to overcome our need to compete, rather than by using our animalistic instincts to compete to the best of our ability. Avoiding remaining our own worst enemy, and providing ourselves with an environment where we are able to respect each others equality through taking the initiative to use our advancing wisdom and abilities to guide our civilization to its highest potential for all time. However, don't vote for me, I'm only trying to tell you how you should run the whole shebang. It is you that must learn to lead yourselves: rather than be led to an untimely end, like a herd of sheep. Probably we should arrange to have weekly gatherings and use modern communication devises as we do in the present, to convert us from our present national, political, and religious conflictions, to bring us to the bountifulness that a species that is one of mind and purpose can provide for itself.
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