The first problem was caused by Govt - instituting policies (in all kinds of areas that govt should have just left alone) that reduced the size of families.
The second problem caused by feckless politicians (here in the US and plenty of other countries) - the national debt traps placed upon by politicians that had no problem in spending o…
The first problem was caused by Govt - instituting policies (in all kinds of areas that govt should have just left alone) that reduced the size of families.
The second problem caused by feckless politicians (here in the US and plenty of other countries) - the national debt traps placed upon by politicians that had no problem in spending other peoples' money and then borrowing even more.
Third problem - people not understanding that the economy changes all the time and not preparing themselves for that change. There have been a large number of Black Swans and "Disruptive" technology / science events that most folks should have taught them "I need to be able to reskill myself at a moment's notice" and jump before the worst hit my marketplace.
Fourth problem - At least in the West, a loss of confidence in our culture and values caused by those who wanted to "remake" civilization into their own image and forgetting that "they who forget history repeat it" in tossing away norms, taboos, and cultural values that served well for thousands of years.
I'll think of more later on but if one addresses Lloyd's problem from a completely different viewpoint, some of those issues become irrelevant.
"instituting policies (in all kinds of areas that govt should have just left alone) that reduced the size of families"
Interesting I can't think of any - want to post a couple of examples. I see a lot of people in this area are blaming their personal choices on the Government but that's just excuses for their choices.
"politicians that had no problem" - I would point out that this was just fine by the voting public and for many it continues to be just fine. You can't really fault the politicians for following the messaging from the voting public. Your "feckless spending" is somebody else's "good Judgment".
Your third and fourth problems conflict. "the economy changes all the time" it's not just the economy it's everything! Lloyds entire article could be said to be showing this. People think that things have been constant their entire lifetimes have always been like this and always will be. Take car usage - the way we use our cars is a comparatively recent thing. Starting just before the Boomers started appearing. Yet it has resulted in Boomers refusing to think about transport any other way. Too many people think that the answer to every transport problem is a car for example and seem to be completely unable to think any other way.
"In tossing away norms, taboos, and cultural values that served well for thousands of years." Yes, and remembering your point 3 it is inevitable that some have reached their "Use By Date", are worn out and deserve to be discarded. Our technical advancement will inevitably result in this.
"That served well for thousands of years." they have but perhaps it's really time to reevaluate them.
The first problem was caused by Govt - instituting policies (in all kinds of areas that govt should have just left alone) that reduced the size of families.
The second problem caused by feckless politicians (here in the US and plenty of other countries) - the national debt traps placed upon by politicians that had no problem in spending other peoples' money and then borrowing even more.
Third problem - people not understanding that the economy changes all the time and not preparing themselves for that change. There have been a large number of Black Swans and "Disruptive" technology / science events that most folks should have taught them "I need to be able to reskill myself at a moment's notice" and jump before the worst hit my marketplace.
Fourth problem - At least in the West, a loss of confidence in our culture and values caused by those who wanted to "remake" civilization into their own image and forgetting that "they who forget history repeat it" in tossing away norms, taboos, and cultural values that served well for thousands of years.
I'll think of more later on but if one addresses Lloyd's problem from a completely different viewpoint, some of those issues become irrelevant.
"instituting policies (in all kinds of areas that govt should have just left alone) that reduced the size of families"
Interesting I can't think of any - want to post a couple of examples. I see a lot of people in this area are blaming their personal choices on the Government but that's just excuses for their choices.
"politicians that had no problem" - I would point out that this was just fine by the voting public and for many it continues to be just fine. You can't really fault the politicians for following the messaging from the voting public. Your "feckless spending" is somebody else's "good Judgment".
Your third and fourth problems conflict. "the economy changes all the time" it's not just the economy it's everything! Lloyds entire article could be said to be showing this. People think that things have been constant their entire lifetimes have always been like this and always will be. Take car usage - the way we use our cars is a comparatively recent thing. Starting just before the Boomers started appearing. Yet it has resulted in Boomers refusing to think about transport any other way. Too many people think that the answer to every transport problem is a car for example and seem to be completely unable to think any other way.
"In tossing away norms, taboos, and cultural values that served well for thousands of years." Yes, and remembering your point 3 it is inevitable that some have reached their "Use By Date", are worn out and deserve to be discarded. Our technical advancement will inevitably result in this.
"That served well for thousands of years." they have but perhaps it's really time to reevaluate them.
The world changes so must we.