03-24-2022, 06:10 AM
(03-22-2022, 10:40 AM)David Horn Wrote:(03-21-2022, 12:56 PM)Eric the Green Wrote: Indeed. Perhaps Jason will enjoy our next 1T, and I won't. I am already totally out of step with Millennial and Gen Z youth culture. What's that Japanese video game people here seem to know about, and I don't? Things won't be exactly the same next time around starting in 2029, but it'll be enough alike so that the cycle goes on. Well, at least unless and until it doesn't. We get off Reaganomics in the 2020s, or we don't turn the cycle. I admit, a start has been made with such actions as the American Rescue Plan and the Infrastructure Bill. A tax increase on the wealthy is still the biggest missing piece, as well as greater action on climate change. Unending rises in the national debt, continued accelerating climate breakdown, and continued gross inequality, will not bring us into the next first turning. We can't get every change we want in the next 7 years, but we must turn the corner.
If we do, then the 1T should see some consolidation of policies begin in the 2020s, and the 2T's early years a further acceleration in the right direction. Let us hope.
I'm a lot less sanguine about this 4T's progress than you are. What's really changed so far? Nothing of substance. Yes, we were able to pass a huge Band-Aid Bill because the pandemic made in mandatory. What we haven't even discussed seriously is the necessary restructuring of the economy to put a serious damper on wealth accretion at the tip and raise the basic pay structure for the rest of us to something similar to the one we saw in the last 4T-1T. To be honest, our goal should be to make this saeculum superior to the last. Without that, we will have made negative progress, and that's a dangerous precedent.
Of course. I'm not sanguine either; maybe less so, because of the realization that we have to turn the corner in the next 7 years or we go off a cliff forever, and we haven't made much of a turn yet, really. The crisis mindset is increasing; perhaps that offers some hope.