Its really great that productivity is up and it has something to do with new digital advancements. I wrote a little something about 2021 Digital GDP growth. I had hoped it would be a benefit to someone but seems to not make much of a difference. That is really awesome we have used hardship to create new ways of dealing with problems and pushing us into a more competitive positions. Maybe we could do a better job of drawing back manufacturing and raising the value of our labor. Seems like we already have some plans in place.
GDP Contracts 1st Q of 2020-Is It a Short Lived Shock and Digital GDP Recovery? (April 30, 2020).
How the Economy Might Change After COVID-19? (March 19th, 2020).Digital GDP on Government's Mind. Can We Maximize Growth Through Cluster Development? (November 27th, 2019)
I have come to realize there are different stratifications in society and there are definite barriers to some people. It doesn't mean that its intentional it just the social circles, educational opportunities and lifestyle differences that allow some more access to opportunities and some less. We can all talk about how to fix it but at the end of the day it isn't likely to happen. We have to push small business among the blue color classes to generate new products, services, and companies. That would require more than talking about it and playing politics with American's future.
That was fun little puzzle. I will go back to doing really important stuff like painting, working out, and paying bills....the stuff rewarded in society. Its great to see we found an advantage in adaptation. I'm thinking of leaving future projections for the experts. People who didn't get an elite education might have hard time understanding such complex concepts. I failed a Harvard economics class so that probably puts everything in perspective. 🤷 Either way....cool with me. :)
No comments:
Post a Comment