reply to post by burdman30ott6
You bring up some very good points. However I still disagree with you as we are not discussing the whole picture yet. We need to look at 2 things.
What major events happened from Reagan-Bush JR and technology.
Most people do not currently understand the ramifications of technology and the information age we have entered.
With Reagan and bush, we had the end of the cold war. For the first time since the start of WW2, the world seemed to be at peace. The world was ready
for change. Countries began to divert money and resources from the war effort towards more utilitarian ideas. We also left that situation with much
better technology than when we entered it. (I would recommend checking out the Bush Sr Wiki. He really wasn't all that great for the economy.)
Only a few short years later, the internet was released for public use. This created one of the most dramatic periods of economic growth we've ever
Marks my words, it did not matter that Clinton was president. The appearance of the internet would have been a "period of economic growth"
for ANY president. Even a baboon could have presided over that.
Clinton also left office with a surplus.
That surplus was also quickly spent by the next president, Bush. He also raised the national debt by trillions. Of course that extra money being spent
would spur the economy. But it's a magic trick. Borrowing money to spur short term economic growth does not necessarily ensure long term growth,
especially if that money is poorly invested. But what else happened during this time? Oh yea the financial sector went all crazy. How much of that
"economic growth" was the result of illegitimate financial transactions, mortgages, ect? The US really saw no meaningful growth during Bush Jr. Our
country was certainly not better off after his presidency.
I dont think we need to rehash exactly what Obama inherited. We also dont need to rehash Job outsourcing and china. We both know whats wrong with
Aside from all this political BS, people really need to come to terms with technology. I eat breath and sleep computer science. Do not be mistaken, we
are going through a paradigm shift due to technology. Today, people carry around more computing power in their cellphone, than the shuttles had for
the apollo missions. Everyday, more and more jobs are being replaced by software or robots. We have an increasing population and a decreasing need for
Please read these links-
—Technology is being adopted by every kind of organization that employs people. It's replacing workers in large corporations and small businesses,
established companies and startups, schools, hospitals, nonprofits and the military.
—The most vulnerable workers are doing repetitive tasks that programmers can write software for — an accountant checking a list of numbers, an
office manager filing forms, a paralegal reviewing documents for key words to help in a case.
With the advent of the internet, it is becoming less and less profitable to have stores all over the country and employ unnecessary workers. Most
forms of entertainment are now digitized and can be bought online from the comfort of ones home.
Work at a GameStop or some other video game store at the mall? The next consoles will download their games directly, no store needed. Work at a video
store? Same thing -- Blu-ray is probably the last physical media we'll ever see. Work as a cashier? Forget self-checkout lanes taking your job --
soon they'll have RFID systems where customers can pile groceries into a cart and wheel it out the door, and sensors will bill their debit card on
the fly. Work at Starbucks? What are you doing that a machine couldn't do? Work for the post office? You're just a human spambot at this point --
more than half of all mail is now unwanted junk that goes directly into the trash, because in a world with email, direct mailers are the only
profitable customers the Postal Service has left.
To make matters worse, 3D printing is coming of age. Thats another reason not to have stores and hire people.
I kid you not, eventually you will be able to recycle your own plastic garbage in your house and use the resulting material as printing material.
Why would I go to the store to buy something when I can just download the plans and print it out much cheaper?
Why would I go to some restaurant when I can print my own steak?
See, it doesnt really matter who is president. A new world and economy are coming.
My only advice, dont pursue employment in a career that can be automated!