The Solution to America's Economic Problems

Let Us Go Then You and I ^ | July 3, 2010 | OldPossum

[OldPossum1]

In the 1980′s I altered the words of a pop song to describe how I felt about our economy and my personal future: The future is so bright I have to wear welding goggles. (For most of you who don’t know about manufacturing, welding goggles filter out almost all light – arc welding is like staring into the sun.)

I don’t know anyone who feels this way anymore. America is lost. We are stagnant. There is no really big thing coming along in technology that will save the day, although there are millions of incremental improvements that are improving the quality of our life all of the time.

[dr_lew]

There is no really big thing coming along in technology that will save the day...

I've always felt that technology, and particularly communications technology, sets the stage rather than answering the call. For example, radio set the stage for the fascist movement. Note that in Clockwork Orange ( the book ) the populace is enthralled by "the big broadcast", and this is a projection by the author of radio based culture.

Now we've moved through TV to the internet, which has had a huge impact in cost reduction through labor savings, and this is the root of the current economic upheavel ... IMHO!

H.G. Wells, in The World Set Free, predicted that cheap nuclear power would have this kind of impact but prediction is hard, especially about the future.

[himno hero]

The nation needs confidence in its leadership and not more marxist platitudes from the confidence man in the White House