Thursday, October 20, 2022

The Demographic Drought


By Ron Hetrick on Lifecast.

Comments:
Low pay is endemic, so it must increase. The problem is math. When you give equal percentage raises rather than equal dollar raises, it produces inequality automatically.

More children are needed, so paying a higher child tax credit is essential, long term.

Go with cars controlled by central computers (not AI) and powered by overhead lines (on the bottom of a covered roof deck) and you will no longer need drivers for people or delivery and can force more people into mass transit by having cars drive them to it from home.

Pay people to go to school up to associates degree, starting when they can enter the workforce. Offer more votech programs. Pay for this with employer based consumption taxes with an offset for training costs (including wages). After AA, tie training to a work requirement, with government provided student loans if work requirement does not work out.

Shift to cooperative ownership. We can no longer afford capitalism. Move low skill labor to consumers. Move to prefab homes built or ordered by cooperative. House younger workers rather than have them find their own housing or live at home. Cooperatives do financing of longer term family housing. Shift longevity payments from turnover to preferred stock in the cooperative, making wages flatter for older workers. 

Create home-based agriculture and cut work hours for those who grow their own food.

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