A New Generation’s Time

“A person who is not a liberal in their youth has no heart, but a person who is not a conservative by middle age has no brain.”
Attributions and variations attributed to many people, including Disraeli, Churchill, and Burke

Sen Bernie Sanders (I-VT) isn’t given much of a chance to become president by anyone, including his supporters. He isn’t photogenic and he isn’t a charismatic orator. But he has an appeal among many voters, particularly those with less than a third his 73 years of life. How did this come about, and why are so many people dissatisfied with the nominee apparent, Sec. Clinton?

The answer appears to come in the definition of what we call “generations” – a concept that actually has more to do with the economic and social climate someone is born into and nothing to do with their parents. This may tell us something about the rate of social change we can expect in the next few years, too, as this depression finally ends and opportunities open up for young people.

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Women Wielding Power

A time of great change means that we have to cast off the old and give birth to the new – we need reform. How do we achieve that? History has shown us a remarkable way – bringing women to power. Is it because women are the consummate outsiders in a male world? Is it because they have a different perspective that is lacking in traditional power schemes?

Whatever the reasons, history has show that women have been more than great leaders.  Perhaps Sec. Clinton will be able to continue this tradition, and Sen Warren (D-MA) certainly has her own following. Angela Merkel has become a de facto leader in an EU that is adrift and in dire need of strong leadership.  Nicola Sturgeon and Rachel Notley recently led their parties to huge gains in Scotland and Alberta.  There will be more.

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Not Hiring, but not Firing

Where are the jobs? Job creation has been the hot economic topic since the big downturn in 2008. The sooner we have full employment the sooner demand for goods and services will turn around and there will be a net upward pressure on wages. But in 2015 the rate of increase in jobs has slowed somewhat, barely hitting 200k net every month from a solid run of 220k the year before. What happened?

The data is even more confounding when you look at the net good news on jobs – that initial claims for unemployment per week are at an all-time low as a percent of total jobs. We’re not creating jobs as fast as we should, but we also aren’t losing them. Along with a large backlog of unfilled job postings there is substantial evidence that something is wrong. Is it a skills gap? Or something else?

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Winds of Change Blow Both Ways

The election in the UK produced a surprising result – one not even remotely called by all the polls taken right up to polling day, 7 May. How could they miss it? It’s always possible that the polls were simply wrong, but it’s more likely that something changed deep in the guts of the electorate as they went in to vote. Is Britain really that conservative? No, people probably don’t like PM Cameron any more now than they did before. Can we learn something from this?

Perhaps we can. But we might be able to learn more from the provincial election in Alberta that produced a surprising win for the very left-wing New Democratic Party (NDP) in a conservative stronghold. This huge shift came on like an Alberta Clipper off the North Pole, but it was caught by pollsters just before the election. And both of these recent election may apply because, as we noted before, the developed world is suffering from the same chill everywhere – buffeted by change, voters are demanding stability and strong new leadership.

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Rue, Brittania

The election is coming up, and boy is it getting crazy. Not the US election – there’s still a year and a half of nonsense to endure before that. I’m talking about the UK House of Commons election on 7 May. It will certainly test the limits of their parliamentary system, probably moving it into a more funkadelic system in the process.

I had to, I love that joke. Somebody’s gotta bring da funk.

The problem is the UK is more divided along fundamental lines than it has been in a very long time. Given the large number of parties that are likely to achieve seats (12) the election will almost certainly solve nothing, only marking the start of tortured negotiations that will last for three weeks. They’d like to have a government by the annual Queen’s Speech on 27 May, so there is a deadline, but it will be hard to meet.

It’s worth watching in the US if for no other reason than the turmoil they are experiencing is similar to ours, expressed very differently in a different system.

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