In a surprising turn of events, President Barack Obama announced in a press conference today that economic growth could no longer continue as we know it. As a prominent New York magazine quoted, “the press room went silent and after a tension-filled moment, erupted in applause!”
As numerous environmental groups, ecological economists, and people with common sense have been trying for decades to gain political ground on the issue, a left-field bipartisan bill was drafted late last night and rushed through both the House and Senate. News of the conflict between growing the economy and maintaining an environment that can sustain human life was a shock to many in congress. However, conscience and prudence won the day, prompting late-night legislative sessions.
Tomorrow President Obama will sign into law the American Development and Reorientation Act, a comprehensive bill that will overhaul the financial sector, incorporate well-being into national accounts, end fossil fuel subsidies, tax pollution, cap greenhouse gas emissions, remove rights of person-hood from corporations, and provide minimum incomes and cap gaps in wealth – all to provide a more stable and just economic system that focuses on developing our society instead of expanding the size of our economy.
As the President said during the conference,
“By recommitting ourselves to the founding ideals of this great nation, focusing on our possibilities and liberating ourselves from failed ideas and institutions, together we can create a stronger, better nation that secures a fulfilling life for every person and honors the premise of the Declaration of Independence that every individual is endowed with an unalienable right to life, liberty and the pursuit of happiness.”
This amazing turn-about in public policy not only represents the needs of the America people, but ensures a long, prosperous future for our society on this planet. This will go down in history as the first major (gigantic) step towards a sustainable world for all! Well done, Mr President!
**Happy April 1st everyone!**