It would seem that our society is being set up for class warfare, and it is being generated by the administration. One is constantly reminded of the fact that there is a wider spread between the haves and the have-nots in our population, but we are not encouraged to look for the reasons behind this development. Our economy has lost a good part of its manufacturing capabilities over the past three generations, and our educational levels have been declining during the same period. Individuals are more inclined to blame others for their shortcomings, rather than excepting responsibility for their deficiencies. There is less opportunity for vertical mobility in our society, but is that lack of opportunity due to the action of those that are being pointed at as the problem, or is it the result of actions by the accusers?
To resolve this problem one will have view the current condition of our society with an open mind, because this state has evolved as a result of actions performed at all socioeconomic levels. A good starting technique for establishing some objectivity with this evaluation is to put oneself outside the problem and not view or associate oneself with any particular class; some people may find this stance difficult to achieve, but it can be a useful evaluative practice.
We have heard the government claim that it is making investments in our future; many of us appear to be accepting this view without questioning the statement. Just because one makes an investment, it does not mean that the investment will reap a reward. The Nation has just gone through an investment period with the housing boom, which the government encouraged and supported; the result of this investment period sent our economy into a tailspin that we are still trying to pull out of. Viewing this period after the fact will allow the individual to assign some major contributors to this fiasco. The government was one of the prime contributors to the demise of the home building frenzy; its contribution was the pressure it placed on the banks to make illogical home loans, which were distended to fail if one paid attention to the demographics of the country. Even local governments made their contributions, because they saw an opportunity to add to their tax base with the newer and larger homes that were continually increasing in value. In the private sector the two major contributors were the builders and real-estate agencies, one should also include all the ancillary private businesses that are tied to these two major contributors. One cannot omit the end user that thought they were making an investment that would pay off in less than a year or two. Most of the individuals that got involved with this investment felt that they were making a sound investment, but in the end it was only those that were smart enough to see the handwriting on the wall and exited this boom before the collapse.
The Nation has been losing its industrial base over the past three generations; the housing industry was one of the few big sectors that allowed some opportunity for vertical mobility in our society, its collapse moved some people to the top, but a larger portion were moved lower on the ladder. The collapse of the housing sector caused a contraction in other sectors of our economy, and that contraction is still in progress. The government’s current policies related to investing are only creating a bigger rift between the haves and the have-nots; it needs to get out of the way and allow the private sector to expand, and allow the public sector to contract as the private sector expands. Government is still the problem, not the solution.
Charlie Allo