Symptoms of Decline: Economic

daylight photo of the Roman Colosseum ruins
The Roman Colosseum

Our society has some large-scale demographic, financial, environmental, and social forces that can’t be eliminated or even dramatically reduced. These forces will have a profound impact on our ability to pursue our disability community’s rights and freedom agenda.

These include (only as examples. There are many others.):

  • Debt-Fueled Growth: We have been using debt to fuel growth nationally since the Great Depression. But when debt is an order of magnitude bigger than wealth, how do we pay it off? Mostly through economic crashes, whether small or large.
  • The Aging of America’s Taxpayers: We are all getting older, which means our incomes will drop and we will pay fewer tax revenues overall. And we seem hell-bent on stopping any new young people from expanding our economy and making up for that loss.
  • The Missing $20 trillion: The 1% have been squirreling away wealth for decades. The recent Federal Tax law is only the latest example of supporting that loss of wealth. And, there is no politically practical way to get that wealth back.

    Incidentally, American sovereign (government) debt has also reached $20 trillion and is now equal to the USA Gross  Domestic Product ($20 trillion). I guess we could call this the triple $20 trillion threat;

  • Relentlessly Increasing Complexity: Every second of every day our society is getting more complex. Every effort we make to fix the broken parts results in greater complexity. Every local improvement we make in the system makes some other part of the system more complex.

    The increasing complexity makes our society more brittle, and less able to respond to the unpredictable disturbances of our common future. And, the only way we have traditionally simplified the system is through some kind of collapse, big or small.

Author: disabilitynorm

hubby2jill, 2dogs, advocate45+yrs, change strategist, trainer, geezer, pa2Loree, gndpa2Nevin

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