Connecting the Dots
It is fascinating for me to witness events in modern America and find connections. After 9/11, we hear the term "connecting the dots" with regard to our foreign intelligence failures. The signs were there and we just were not paying attention and we did not share the info across various agencies. This hub explores the failure of some to connect the dots.
- Mar. 2017
Let me start by making some observations and assumptions. This is what I see in my daily interactions. It is not any one individual but a collection of people I deal with, either in person, or on the phone or on the web. Most people I deal with are well educated, college degree or higher. They also are well read and tries to keep up with the news and media and current events. They are somewhat technology savvy and have some social media presence.
These groups have a world view quite different than my own. The following are general attributes and not meant to be across the board.
- socially liberal
- support a large government as means to level the playing field
- support environmental causes - Green energy
- less religious and more secular - ACLU
- anti war of any kind
- suspicious of big business and Corporations
- against the greed on Wall Street
- follow pop culture and celebrities
- selfish for the most part and feels entitled being an American
- less informed regarding our own history
- an international globalist - UN
- support all immigrants (legal and undocumented)
- support for higher minimum wages
- support for unions and collective bargaining
- favor democratic socialism over capitalism
- not very savvy in their own finances
Some Examples of Failure to Connect the Dots
Getting back to my main point of this hub. We see events happen in our world and they seem disconnected. However, in most cases, more often than not, these events are closely tied. Here are a few examples.
1. illegal immigration and low wages.
2. ACA healthcare legislation and unemployment.
3. wealth and life choices.
Illegal immigration has been a problem in our country for decades. They come here seeking a better live for their families. They are usually low skilled and illiterate and take on low skilled jobs in farms and the service industry. The law of supply and demand is at work here. When the supply of workers is large, the labor and wages must go down. Some will argue that these people are doing the work Americans won't. That is only partially true. When you have a society with all kinds of social safety net, the people will not take jobs that pay so little when compared to welfare or unemployment or disability payments. This was not the case in earlier times. When these entitlements were not around, people found work regardless of how difficult. As long as they are physically able to work, they did it and it was good for their self esteem.
The ACA healthcare law was passed in 2010. It was a 2000+ pages of comprehensive reform that included many details that was scheduled to kick in over the next 7 years. Some of these fine print included items that hurt business and employment in a big way. For example, one stipulation is that employers of 50 or more employees must provide health insurance coverage. This arbitrary limit made many small business stop hiring full time employees and in fact forced some to reduce hours to below 30 hours per week. This was another part of the regulation. Full time employees must be covered while part time employees were exempt. The net effect of this reform causes most business to limit hiring of full time employees and convert some to contractors or P/T employees. This was done mainly to avoid the huge burden of health insurance.
A person's personal wealth is tied to his/her life choices. The education level is an obvious one. However, you can also make a case for marriage and divorce. Divorced persons are less affluent in general. Single mothers account for a large percent of people under the poverty level. Amassing debt such as student loans is also another detriment to a person's wealth. Finally, saving and investing is also a key factor to how well off financially a person will be. Making poor decisions with regard to 401K and IRA and not investing in the market has more to do with a person's wealth than how much a person earns. You can make a million and spend two million and be poor or bankrupt. You can make an average salary but save and invest over your career and end up being a millionaire in retirement.
Some Life Choices...
- Get a good education
- Learn a skill or trade
- Choose a compatible mate
- Exercise and don't abuse drugs
- Don't have kids until you are financially able
- Stay connected to your roots (religion, family, community)
- Keep your elected officially honest (vote)
- Give back when you can, volunteer (karma)
- Have friends that support you emotionally
- Save and Invest wisely
Connecting the dots is not that hard. All it takes is some clear thinking and some unbiased analysis.
Some Related Info
- A Guide For Millennials
A hubbook that contains some of my recent hubs relating to millennials.
© 2017 Jack Lee