Monday, January 29, 2018

The Future of America

Some things about this future can be predicted easily - since they are already happening.

Americans will continue to reproduce, there will be more of them all the time. And these children, when they grow up, will demand the same Affluent Life their parents had. And they will be disappointed.

American wealth (per capita) is no longer rising, and is probably falling - especially for Americans with no marketable skills. There is still a job market, and a demanding one - that wants the latest skills. And these have to be acquired by individual initiative. Something many young Americans do not have - and are not likely to acquire.

We live in a time of rapid change, especially in the job market - that is ruthless. If you do not have the skills it wants - your future will be limited.

There will continue to be jobs for those with the skills the market needs. New (and improved) products will continue appear, and skilled people will make these. And continue to have a comfortable life - with an income of about $100,000 a year.

But these will be a small part of the population - 10 percent, at the most.




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