Posted on 04/12/2017 2:19:32 PM PDT by 2ndDivisionVet
Americans have become lazy, argues economist Tyler Cowen.
They don't start businesses as much as they once did. They don't move as often as they used to. And they live in neighborhoods that are about as segregated as they were in the 1960s.
All of this is causing the U.S. to stagnate economically and politically, Cowen says in his new book: "The Complacent Class: The Self-Defeating Quest for the American Dream." Growth is far slower than it was in the 1960s, 70s and 80s and productivity is way down, despite everyone claiming they are working so hard.
"Innovation is painful. That's why we don't do more of it," Cowen, a professor of economics at George Mason University, told CNNMoney. His book makes the case that all of the upheaval of the 1960s and 70s caused people to strive for safety and the status quo in the decades after that.
"Just look at how people bring up children today. Often they won't even let children go outside," he says.
Even technology, the one area that has seen some innovation in recent years, has been mostly aimed at making us want to stay home and relax.
"Tech's great. It's fun. I've got four Amazon packages outside my door. But we have a problem with this precisely because it's enjoyable and comfortable," he says. "All this tech innovation encourages leisure and staying at home."
Trump is the 'great reset'
Cowen believes we've gone too far in trying to create perfect, insulated lives for ourselves and our kids....
(Excerpt) Read more at money.cnn.com ...
Young people have to be on Medicaid because of the mandate. Otherwise, they are given a fine - you know that. Most young people don’t really need health coverage and many of them are under or unemployed and don’t receive it through work - hence, Medicaid.
When I was out of work as a kid, I paid out of pocket. Ordinary doctor visits were cheap.
Let’s blame Obama, not the kids.
It’s not that we’re lazy, we’re tired. Tired of over-regulation and government picking our pockets.
Why work when you can get everything free?
I’d love to start my own business. In fact I already have, but going full-time means buying my own insurance at about $1500 per month for a family of five plus self employment taxes. Basically I’d need 150% of my salary to stay even. I’m still dreaming of doing it, but the best thing for me financially is to keep a salary and benefits and work on my business at night.
Maybe once I have enough product available and the cash saved up I’ll make the leap.
And it's going to stay that way for me.
I refuse to live in a crime ridden, third world hell hole kind of neighborhood just for the sake of diversity.
Couldn't agree with him more.
“Welfare and other benefits such as Medicaid for healthy young people have made it more lucrative and a wage any startup can afford to pay. You are so right.”
A guy I work with has two children by the woman he lives with. They won’t get married because she gets welfare for the children and the taxpayer paid for birthing them. They think this is OK.
Okay, blame Obama. I’m good with that. But I can’t get past the notion of personal pride and work ethic.
Yep...I agree....I think kids should be able to fast forward thru their secondary education, completing it at , oh, 14, 15, 16...and then “get a life” (work) or go on to further education. And they should NOT be eligible for Govt bennies of any kind till past 21, and then only if incapacitated.
This is all the fault of the government. If you try to earn your own way they tax the life out of you. If you sit on you ass they will give you everything.
From the US government to local municipalities they are all eager to tax one to death directly or ever increasing fees and regulations
Multicultural societies results in social isolation.
Welfare is too easy, too.
Wait ‘til they see what happens when whites are the minority in this country’s business world due to retirement and racial discrimination.
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