Tuesday, October 1, 2024

It Appears the Economy Improved Since Covid. Now What?

Healthy economies are important and when those healthy economies improve the lives of our citizens and further the entrpreneurial spirit and business climate we have a strong combination. It is improtant to remember that we must produce and return manufacturing to this country in order to further our long term health. The report below indicates that income and manufacturing are strengthening and that is helpful in our development. 

Source
The average American deserves improved lives. That isn't to buy more junk they don't need but to increase their savings and further spur personal investment. That requires a commitment to the average Amercican and our essential American values that seeks to raise all of us. The economy appears at the moment so far from the pandemic to be healthy but what we do with that is important. 

The hope is that the U.S. bumps up to a new economic platform and some of the adaptations that occured because COVID encourage faster transactions not only at the top but also at other levels of the economy. Assuming that something like this has happened and is in the process of happenning then we have to make some tough choices on what to do if revenue does increase. Why waist good opportunities to reorient?

I think that it is helpful to spend that money in the U.S. improving our infrastructure, schools, and solving problems domestically. International humanitary aid is another one that I believe is helpful for the world at large. Each produces net returns that strengthen long term growth (i.e. reduced benefit and good will). For example, there has been a sewage problem in San Diego where entire beach communities are impacted but we haven't found a way to fix it yet. These are the issues where I would reinvest. Understanding the Tijuana River Sewage Crisis – An Overview of Causes and Consequences

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