The economy is stuck in neutral. But even worse, the economy has fundamentally changed and everyone is focused on trying to return to a world that no longer exists. We liberals castigate conservatives for wanting to return to the 1950′s with white picket fences. But many of us liberals are trying to return to a world with plenty of well-paid factory jobs. That world is also long gone.
It’s not just that factory jobs have been moved to China, it’s that many of those jobs have been eliminated via automation. And as 3-D printing moves into the factory line, we’re going to see the elimination of most of those jobs in China too.
When this country was founded 60% of the employment was on the farm. Now it’s 2%. We get more food but have done so while reducing the labor needed by 30,000%. The number of factory jobs needed have been on the same trajectory and even without outsourcing, most of these jobs have been going away.
We also have to embrace the fact that the world is flat. We are now competing worldwide. Some of us in industries where there is no advantage to any physical location (like mine), some where some advantage remains. But every one of us is now competing for work with people in Shanghai & Mumbai. And to compete successfully we have to embrace the advantages of that larger playing field, not bemoan the disadvantages of additional competition.
So what to do?
The future belongs to those who dominate in the key components of the global economy. In the last century America dominated because we had the largest and most advanced manufacturing base in the world. And we had a transportation infrastructure to match. That provided the basis for our economic and military domination of the planet.
Going forward the key component is education. The future belongs to the country, the corporations, the people who have the best education. And best is not just advanced degrees, it is degrees combined with creativity and a willingness to try the unknown. The future belongs to the Thomas Edisons, not the Henry Fords.
For the State of Colorado to be one of the leaders in the future, and not just a giant ski resort serving vacationers from other countries who better embraced the future, I think we need to focus on a primary goal. And I think we can get the leaders of both parties to agree to this goal. And that is:
The Primary Goal of the State of Colorado is for 50% of the adults age 25 – 55 to have a college degree.
Yes we have other serious problems that need to be addressed. But with an educated populace addressing the other problems becomes a lot easier. And without it, addressing the other problems is a lot harder. In some cases impossible. Because that educational level directly relates to higher tax revenue and lower unemployment.
We also have to face the fact that other countries explicitly have similar goals. China and India are very focused on getting everyone they can through college. They’ll be at this level in another generation or two. And some European countries are approaching this goal today.
If we get serious about education determines the future of this state. At present we’re headed for 2nd world status because we’re in neutral while other countries are full speed ahead.