Paul Krugman complains about the fatalism which pervades the Masters of the Sands of Policies Box.
I would add that there is also an element of laziness which prevents a more active approach.
Much of the work that needs doing is boring, stupid and dumb stuff. Like rebuilding old bridges, replacing sewer lines, upgrading water works or remaking the various highways for power, data, goods and people into more efficient 21st century models. How about insulating houses for an exciting job? How about cleaning up urban streams for rugged outdoor activity.
Yeah. Right. Not sexy like writing up a derivative trading algorithm to make a ton of money for the Masters of the Sands of Policies Box.
We've ignored maintenance for two generations too long. It isn't romantic work. It is hard back breaking labor. You have to wear work clothes to do it, not fashionable whatevers from Armani. So the Masters of the Sands of Policies Box have ignored it. They kept the money to pay for maintenance in their own pockets. With more than five applicants chasing every job opening I bet it's easy to find workers willing to do the jobs. I don't think there are too many non-tea party mayors who would refuse the offer. All that lacks is a bit of can do from the Masters of the Sands of Policies Box instead of the fatalism we get.
The lazy fatalism that won't sully its hands with anything less filthy than money.