The Future of Work

It’s generally assumed that the biggest issue this election is job creation. That is interesting given how the economy has already created 14 million jobs in the last six years.  More interestingly, as we’ve pointed out, we’re getting close enough to full employment that it’s hard to imagine where enough workers will come from.

Then again, it isn’t hard to imagine a job shortage. As we also have pointed out, the key issue when it comes to jobs isn’t trade deals or unfair labor practices – it’s automation. Robots build our stuff, computers file our paperwork.

If we want to seriously talk about jobs, the first thing we have to realize is that the short-term is probably covered by the coming worker shortage as Boomers retire. That’s the good news. Over the longer haul, however, automation of various kinds will replace more and more workers. That will take careful attention to what’s going on as well as a completely new definition of “work” to get us through the other side.

Continue reading

Progress and History

There’s no doubt that the United States is in a period of transition. But from what to what else? Through the last 16 years the economy has been tough on everyone – except the very wealthy. The most recent few years have been a time of terrible social upheaval. Pessimism is understandable.

Yet if we look back through history there is a lot of good reason to believe that everything does move in cycles. Business cycles which seem permanent eventually give way to better opportunity. Social upheaval does usually reach a consensus and progress is made.

Hope comes naturally by taking the Barataria view that cycles are real and that the economy is really nothing more than a social arrangement. Sure, it’s the dismal one with all the numbers and the brutal one that defines rich and poor. But at the heart it is only about turning our personal “values” into a socially convertible “value”. How it changes through generations and lifetimes defines us even as we define what this thing called an “economy” really is.

This essay is a continuation of the previous piece, Spring is Coming! as a cycle on my personal political philosophy and read of history.

Continue reading

Spring is Coming!

In the heat of the summer start to the Presidential campaign, it’s hard to remember that we’re really still in Winter. That’s in economic terms, as the cycles of the seasons last for years rather than a few months. There’s a good reason people are as angry as they are. This Winter has been long and brutal.

Then again, as Barataria has pointed out before, things are very much warming up. Employment is up like the first tulips of Spring and most of the signs are very positive. But it doesn’t feel that way to many people. As sure as the arrival of Spring often comes with a few storms it seems darker before it all clears up.

Spring is coming. If you pause for a moment and reflect you can feel it. But that doesn’t mean it’s time to just sit around and wait. If you ask any gardener or farmer, Spring is the season with the most work. To get it done, there is no doubt that we are stronger together – that many hands make light work. More importantly, what we harvest is what we plant now. There’s a lot to do, but plenty of reasons to do it joyfully.

Continue reading

Beyond Watergate

Our political system is under attack by a foreign nation.

Revelations that the Democratic National Committee (DNC) server was hacked by Russians known to be working for state intelligence is only the tip of the iceberg. Like the break-in at the Watergate offices of the DNC on 17 June 1972, it appears to be part of a coordinated effort to influence the election. Unlike Watergate, it is being run by Putin’s Russia – a vast “kleptocracy” of mafia known as the “Bratva” (brotherhood) that routinely conducts similar operations around the world.

Continue reading

Countering BS Arguments

The Republican Convention is over – but, of course, the arguments will continue. If you watched any of the speeches, especially the gloom ridden rant delivered by Donald Trump, you may be wondering about some of the horrifying statistics thrown around. Is America really in such peril, with such incredibly high unemployment and violence in the streets?

The short answer is no, not at all. We’re at a turning point, as we’ve shown many times. The long Depression which started about the year 2000 is coming to an end. We’re literally at the glass half full stage, for us optimists. It’s fairly easy to counter that it’s half empty if you’re a pessimist, and there’s no reason we can’t have great time arguing about those perspectives while draining down a few pint glasses of beer if you’re so inclined.  But there’s also no reason to tolerate those who say the glass, or our great nation, is somehow completely empty.

You may run into some of these arguments in social media, a family gathering, or from the cranky guy at work who is really into talk radio. They are easy to refute if you have a few facts and figures under your belt. Here are some of the most common and pressing arguments that everything is bad and/or worse under Obama and how they can be refuted.

Continue reading