We're all in this together (guest commentary by Barry C. Dillon)
If one plies the result of this election [2016 US Presidential] directly to the distance Obama
attempted to move the country to the Left (through the actions of actual
voters), then the backwash from Trump's win may recede in only four years,
instead of the typical eight it normally takes (at least in recent times) for
the nation to tire of the distance the opposite (winning) side is indicating it
will travel in response to the most recent
administration.
I still believe, we, as a nation, cannot discount and discard nearly
one-half of our citizens - from either side - and make it work for all
We are ALL in this together, and it will take us ALL to make it work.
The inherent result of the shrinking middle class, leaves only two classes:
the upper and the lower, and their incompatibility is leveraged and exploited
against the other despite the fact that one cannot survive without the other;
for our economy requires the additive quantity of citizens from both sides to prosper.
Economic prosperity requires All citizens to spend!
Unfortunately, it's a doomsday model. Apparently, our desired economic model
is based on perpetual growth, and this cannot be sustained without perpetual
population increase; because a flat economy is not desirable.
One aspect I have heard from some economists is that one of the main reasons
our economy grows is, in fact, due to immigration, e.g., the influx of new
consumers. Because, apparently, Americans with our continued rise in the
standard of living over the past seventy years, has, inherently, caused our
birthrate to decline to around 1.8 children per household, which does not lend
itself to the growing population/economic formula.
Trump promised that millions of jobs will definitely be created under his
administration - which is good, but only if those jobs pay a living wage
otherwise, the rich get richer, and poor get poorer.
But there is another fly in the ointment. That being that the profit margin
of, especially, manufacturing companies. - January 21, 2017
We all are aware of the dichotomy of the profit-to-overhead in terms of
wages. And in the near future, it certainly looks as if machines will be
supplanting we expensive humans. But this 'fix' will further degrade our
prosperity because the ultimate result of business shouldn't be based on the
largest profit possible, but to be profitable enough to keep all of our
citizens employed and contributing to our economy! Any other goal is
self-defeating, because if our citizens don't earn enough to purchase the goods
they're manufacturing, then it's all for naught.