This is the most important presidential and congressional election in my lifetime. The trouble is, none of the major candidates is talking about the big issues. Or is it just me? President Obama and wealthy Republican challenger Willard Milton "Mitt" Romney are outdoing each other to please the Israel lobby. There's a fierce debate over alleged ill-treatment of the super-wealthy. Romney promises to increase defense spending; Obama cut it a little, maybe. What will get the economy going again: tax cuts and other Bush redux policies, or, as Obama seems to be saying, merely not electing the other guy. The gaffe watch is on high, of course. Are these the big issues upon which the fate of the republic hangs? The political press complains that it's a boring election. No wonder. The real issues, the serious matters screaming for intelligent responses, are kept hidden away:
1. Climate change. Despite a consensus among the scientists that actually specialize in this field that climate change is real, human caused, getting worse faster than anticipated and will produce far greater cost and harm than good, we're doing next to nothing about it. Try to write about it, as I did last Sunday in the Seattle Times, and you'll be marked on reactionary Web sites to be deluged with emails, all with the same wording and alleged research that climate change is a hoax, or at best unproven. The goal is to intimidate and confuse. I don't give a damn. I'll write about it every chance I get. But our leaders won't tell us the truth, won't campaign on policies that would address it and at least prevent the worse outcome. No issue is more important.
2. The (real) economy. Mass unemployment, stagnant wages, historic inequality, slow or no growth, the end of meritocracy. These things should be unthinkable in America, but neither candidate and few members of Congress will really lay out the policies to address them. The Romney solution, tax cuts and more deregulation, is a big reason why we're in this mess. We need a major stimulus focused entirely on creating jobs, especially by building large-scale 21st century infrastructure (not "roads and bridges"). And with interest rates and Treasury yields so low, there's never been a better time to borrow. Then we need to raise taxes, go after tax shelters and tax gambling in the capital markets that doesn't create productive enterprises and good jobs. Forget beating up China over currency manipulation; we need to play China's game in trade.