Friday, August 19, 2016

Some Good News, the U.S. is a Strong World Player and Yes we ARE GREAT!!!

Where it Tony the Tiger when you need him?

It gets lost in the anger of Donald Trump stating that America is not Great anymore, but he will return us to that status. It gets lost in the anger of angry left that wants some vague socialist path to an undefined righteous society.  It gets lost in the frustration of center right voters who want a return to a more self-contained respectful of they views society and it gets lost in the frustration of the center left who just want a country that addresses it's problems and becomes a better country.

But the U.S. has many institutions and processes in place that make us globally competitive in the Olympic Games, education, technology, entertainment, farming, energy production, finance, medicine, insurance, transportation, construction and manufacturing.  I am sure I left some out.

We are not a failure as a country despite the effects of the Great Recession.  Global Trade Deals have resulted in a manufacturing trade surplus for the United States with those countries with whom we have a trade deal.  We are net winners from Global Trade although there are individuals and industries that are losers too.  I am not sure how we fix the economic environment for those losers  because the system our founders put in place required mobility to seek out better opportunities.  But somewhere along the line this was forgotten and the gold standard for the economy in the minds of Trump supporters became economic opportunity where I live. It is state governments that control those local environments and the competitive market economy has many myriad influences on the exact location of employment opportunities that states must respond too.

Vermont for example attracts entrepreneurs and workers who appreciate the mountain environment.  You can't screw that up without upsetting the voters.  But the state also has to encourage companies to remain and relocate there to provide opportunity for those people who do not want to move.  That is not the responsibility of the Federal Government which must manage the economy for the benefit of everyone in every state.

I thank David Brooks for the inspiration and the fact of the U.S. trade surplus with our treaty parties.  Link Below.


Link to David Brook's column

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