July 20, 2019

Crisis to opportunity

The news out of the presidential transition process has been generally encouraging, if not ecstasy-inducing. It will take extraordinary focus, not politics as usual, to get the country out of the economic ditch.

If there is to be deficit spending to jump-start the economy, let it be more than mere consumer stimulus. If auto companies are to be bailed out, require them to manufacture plug-in cars. The same principle goes for other industries.

If unemployed people are to be compensated, let them be employed installing insulation and erecting solar panels and windmills. If they are not put to work, they should be educated, to build a future workforce and an enlightened electorate.

By focusing on four Es – economic strength, energy independence, environmental sustainability and education – we can turn crisis into opportunity.

Peter Hoff


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