Successfully Rebuilding the Five Pillars of American Prosperity

How to Return Prosperity in America

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Rebuilding the Five Pillars fo American Prosperity

I think there can be no doubt that there has to be a removal of the regressive flat taxation and the wealthy will have to be taxed along with the corporations. No matter who is president this will has to happen in order for there to be a return of economic prosperity of America. This can only be accomplished by rebuilding the five pillars of American Prosperity. I will provide you with each of the pillars and then I will provide you with links to access each of the five pillars so you can secure your own personal prosperity for your family.



The First Pillar: Education

Education is the first pillar of education and it is fundamentally the basis of all progress without education prosperity can't occur. Here are the links to educational institutions which can assist you to achieve your education.

The Second Pillar; Immigration

The USA has and will always recruit the brightest and most talented individuals in the world. We need highly educated and highly skilled immigrants but that will marginalize the amount of unskilled uneducated immigrants allowed to migrate to the USA. However there are government agencies that are interested in hiring immigrants.

The Third Pillar; Info Structure

This is very simple without info structure our country can not function. Unfortunately I can't really provide you with links into this field of work but suggest you consider this when entering a government field of work or when you decide on a major. These are usually shovel ready projects that are paid to the lowest educated and the do not provide a living wage. Therefore I find this pillar to be necessry but not as necessary as education or government service for innovation and creation in this country.

The Fourth Pillar: Rules of Capital Investment

This is a tricky topic because the US will have to take a protectionists perspective in its economy. The general culture of Wall Street would have to change as well as the culture of Washington DC so of all the Pillars I find this one the hardest to change because you would have to have the wealthy of this country willing and ready to make the sacrifices necessary for change.

We have the ability to do quite well economically when we follow the Rule so of Capital Investment in this country but we have to insulate ourselves from this hyper-connected global economy in which a very successful profitable business can go under in a week if a Tsunami hits on the another side of the world because of the intraeconomic dependency of global trade. Global trade is perhaps the most economically unforgiving business model.

We also need exceptional currency traders to off set loses in the market.

But we also need traders that are excellent at global trade which Wall Street seems to lack.

I have a few articles on trading that I will share with you so you will understand how the events effect markets.

The Fifth Pillar: Government Sudsidized Research and Development

The final pillar is government subsidized research and development. This is critical for innovation and job creation and is the simplest way to have massive job creation. In the simplest terms and the easiest way, the government need only have the products stove piped and ready for production in order to lower unemployment. I have recently had a debate with a reader on hub pages as I do believe we have products ready for productions. The USA is most famous for all of its R&D work. There are those that doubt this. It is illogical to withhold advances in technology that could return prosperity to America and employ it is people.

The aforementioned links to colleges will provide you with paths to R&D careers you just have to major in Science ad Mathematics. If you can't afford an expensive education then I suggest you join the military so you can obtain the GI bill to go to college.



In Conclusion

The only way I see a return to American Prosperity is for the government to rebuild the 5 pillars of economic prosperity. And you are apart of the reconstruction so pick your path carefully. In America each piece is an equal part of the whole so no matter where you serve whether it is in the military, advancing in technology or serving in the NSA you will be on the path of returning America to the prosperous nation it once was. It seems fitting that before the decade anniversary of 9/11 we have a path to healing our economic and political woes.

Only when the five pillars of economic propserty are rebuilty in the United States can the American People have confidence in their elected officials and feel their representatives are competent.

Update: 15 Years Later

Sadly, no progress has been made in any of the pillars to rebuild America 15 years after 9/11. If anything this nation has become more insecure and continued to have terror attacks. The incestuio relations of DC continue and grow more pathological sick each day.

As I write this Hillary Clinton, who authorized torture and was fired as Secretary of State after Benghazi that we lost Ambassador Stevens thinks failure is a platform for running to be the first female POTUS. I can not nor will I vote for her. she gave billions to the Pakistani government who was granting safe refugee to Osama Bin Laden. Hillary funded ISIS and now she wants to be president to clean it up? Not with my vote. No thank you!! I have seen one too many of Hillary Clinton's negligence.

i wrote this article five(5) years ago. I wish Mrs. Clinton had the sense to retire and crawl back under the rock from which she came.

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Comments 6 comments

HSchneider 5 years ago from Parsippany, New Jersey

You have successfully pointed to the areas our government should fund which will assist us in growing our economy now and for the future. I would like to see this enacted by Congress but I think the politics are so polarized that nothing will pass there. excellent ideas JT Walters.


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JT Walters 5 years ago from Florida Author

Hi HShcneider,

I can't take complete credit. Tom Freidman made this very point today on Meet the Press but if you review my hubs you will see I had come to the same conclusion long ago without publicizing it. And no where is there a pillar for no taxes at all or regressive flat taxes.

I respect all those who comment on my hubs and I am very grateful you took the time to read, provide feedback and to comment.

It would seem America is going to have to rise up and rebuild the five pillars of economic prosperity with or without the USA government.

Thank you again.

JT


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MonetteforJack 5 years ago from Tuckerton, NJ

Good hub. I noticed though that you put in college and/or universities in terms of education. Universities such as Yale and Harvard, their tuition fees are exhorbitant and their margins of qualifications are too rigid and slim to let people enter and be educated by them. I believe America's success based on education is not merely on degree-holding people. It is more on specialty-holding people who learned by experience, by trade and vocational schools.

Also, what is Info Structure? Or are you referring to INFRASTRUCTURE? The latter, I really do believe is partly what places America on the path of advancement -- economics, technology, government service, etc.


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JT Walters 5 years ago from Florida Author

Hi MonetteforJack,

You got me on a typo it is infrastructure. I agree skilled labor is the key but we desperately need innovation which comes from R&D. I disagree however with you about Ivy League Schools. O have reviewed their admissions criteria and I believe any hard working individual can be admitted because I know Ivy League Graduates and they come from very diverse backgrounds.

Education and R& D are to two top priorities of adancing the economic conditions of any nation.

JT


MonetteforJack profile image

MonetteforJack 5 years ago from Tuckerton, NJ

Hi, JT!

I believe Americans are very innovative, whether they get Ivy League degrees or not. It was an 8 y.o. girl named Abbey Fleck who invented the Makin Bacon dish. The lack of education does not mean that the ordinary American stopped learning, developing, researching or studying. My husband who is 64 y.o. did not went to college, but is a very learned man. To this day, he does, researches on his own, developing his skills, improving his craft and trade. Education can be done informally so with research and development.

I know of and have been to countries that have high percentages of people who have college degrees, some of its citizens were even sent here to America to specialize in their field and yet ... these countries are poor. Economically poor. Developing, third world countries. The hindrances of prosperity to name a couple are the corruption and so-called laws to implement innovations and even infrastructure within easy reach.

Economic advancement in my opinion can be achieve through the balance of the country's internal affairs. The priority should be set at solid governance, and this is my opinion. Great hub, JT !!!


JT Walters profile image

JT Walters 5 years ago from Florida Author

Hi Monetteforjack,

I valued your opinion and yes education and advancement can be made through traditional studies and non traditional studies. But as Americans we make it together. Thank you for reading, commenting and providing feedback.

JT

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