Is there no hope for the USA? I am not so sure. I don't think that it is just the candidates, it is our brainless voters. That's right, it is you. Are you old enough to have read the comics when Pogo was the strip of the day? If you are not, go look it up. In one episode Pogo was out in the Okefenoke Swamp talking to his alligator friend about the fact that they had been looking for the "enemy" and concluded that, "it was them." It appears that some things never change.
Obama is out on the stump praising himself for the fact that our economy has grown a factional percentage under his watch. That is a fact and it is true, but that is not what is significant. World wide those involved in technology have prospered. That has been the case through out human history and it more the case today. Why do we call it the Stone age or Bronze age or the Computer age? You never hear anyone calling it the "truck driver age", or the "lawn mower age"! That is because they were not the source or driver of wealth. My point is that the technical segment of our economy has grown faster than the non-technical has declined. The net affect of that is a modest increase in the "total" economy.
Think about this. Our gross national product is about 18 trillion dollars a year. During the Obama Presidency we added over 10 trillion dollars to the national debit. That is almost 2 trillion per year or over 10% of the economy. When it results in a net growth in our economy of less than 1%, that does not sound like such a good deal to me. How about you?
I know that most of our voters do not know what "the median" means. It is way over their heads. To keep it simple, if we arrange the population from the poorest to the richest, that person in the "middle" is the "median". Kind of like the median strip in the highway. Understand it now? I we were to just focus on than person in the middle, it would paint a very different picture than the one painted by Obama. Since Obama has been at the controls, the median families income has gone down from about $54,000 per year to about $47,000 per year. At the same time their net worth has gone down by an almost equal amount. The fact is, the median person or family is poorer by over 10% today than when Obama took office. Those are the facts!
I have proposed in my blogs in the past that we should be focusing on the "median" income and net worth rather than the total. If we were to do that, it would be clear that 99% of emigrants whether legal or illegal, lower the median net worth and thus make us poorer. You only have to look at countries like Switzerland to see the impact of their very strict immigration policy. The Swiss are much richer than we are by every measure. Notice also that it is a law that every household must posses a gun. How about that?
How is it even possible for the median income as well as the median net worth go down while we are borrowing and over 10% of our annual gross national product? If this were not true, you would think that I have been smoking something. We don't need to think about how we are going to get moving ahead, we have to think about how we are going to "stop" going down. We can't go up until we stop going down. We are starting to look exactly like Argentina and they have been going down for over 50 years and there is no good news in sight. That will be the fate of the USA and the future for out children if us voters don't start using our brains. I don't know if Trump will be able to stop our decline, but I am 100% sure that Obama and Clinton can't. All they want to do is to dig a deeper hole for those who voted for them while they live the good life on your dime!
Obama is out on the stump praising himself for the fact that our economy has grown a factional percentage under his watch. That is a fact and it is true, but that is not what is significant. World wide those involved in technology have prospered. That has been the case through out human history and it more the case today. Why do we call it the Stone age or Bronze age or the Computer age? You never hear anyone calling it the "truck driver age", or the "lawn mower age"! That is because they were not the source or driver of wealth. My point is that the technical segment of our economy has grown faster than the non-technical has declined. The net affect of that is a modest increase in the "total" economy.
Think about this. Our gross national product is about 18 trillion dollars a year. During the Obama Presidency we added over 10 trillion dollars to the national debit. That is almost 2 trillion per year or over 10% of the economy. When it results in a net growth in our economy of less than 1%, that does not sound like such a good deal to me. How about you?
I know that most of our voters do not know what "the median" means. It is way over their heads. To keep it simple, if we arrange the population from the poorest to the richest, that person in the "middle" is the "median". Kind of like the median strip in the highway. Understand it now? I we were to just focus on than person in the middle, it would paint a very different picture than the one painted by Obama. Since Obama has been at the controls, the median families income has gone down from about $54,000 per year to about $47,000 per year. At the same time their net worth has gone down by an almost equal amount. The fact is, the median person or family is poorer by over 10% today than when Obama took office. Those are the facts!
I have proposed in my blogs in the past that we should be focusing on the "median" income and net worth rather than the total. If we were to do that, it would be clear that 99% of emigrants whether legal or illegal, lower the median net worth and thus make us poorer. You only have to look at countries like Switzerland to see the impact of their very strict immigration policy. The Swiss are much richer than we are by every measure. Notice also that it is a law that every household must posses a gun. How about that?
How is it even possible for the median income as well as the median net worth go down while we are borrowing and over 10% of our annual gross national product? If this were not true, you would think that I have been smoking something. We don't need to think about how we are going to get moving ahead, we have to think about how we are going to "stop" going down. We can't go up until we stop going down. We are starting to look exactly like Argentina and they have been going down for over 50 years and there is no good news in sight. That will be the fate of the USA and the future for out children if us voters don't start using our brains. I don't know if Trump will be able to stop our decline, but I am 100% sure that Obama and Clinton can't. All they want to do is to dig a deeper hole for those who voted for them while they live the good life on your dime!
