[FRIAM] What do we do Now?
Frank Wimberly
wimberly3 at gmail.com
Sun Jan 8 12:33:01 EST 2017
No te preocupes, Alfredo.
Frank C. Wimberly
140 Calle Ojo Feliz
Santa Fe, NM 87505
<mailto:wimberly3 at gmail.com> wimberly3 at gmail.com <mailto:wimberly at cal.berkeley.edu> wimberly at cal.berkeley.edu
Phone: (505) 995-8715 Cell: (505) 670-9918
From: Friam [mailto:friam-bounces at redfish.com] On Behalf Of Alfredo Covaleda Vélez
Sent: Sunday, January 08, 2017 10:20 AM
To: The Friday Morning Applied Complexity Coffee Group
Subject: Re: [FRIAM] What do we do Now?
Sorry Frank. My post loose the point. Speech is correct, is people who can make a difference.
On Sun, Jan 8, 2017 at 11:54 AM, Alfredo Covaleda Vélez <alfredo at covaleda.co> wrote:
Maybe Trump’s presidency and Brexit, will lead to the end of Globalization. Movement of capitals, people, goods and services are key elements in the actual global order. Your next president trusts in a closed economy to improve US home´s incomes . Maybe he is supposing a local consume which will be enough to improve internal economy. He pretends to make capitals to return back or attract new ones to USA. But, I’m not sure if talking loud and being rough is enough to improve economy. USA minimum wage is around $7.95/hour while in my lovely third world country, for example, it is $0.99/hour. I guess manufacturing in USA is expensive, even more if he will increase the minimum wage (just a little) as he said during campaign, and even more if he avoid some kind of immigrants, who are cheap workers inside USA boundaries and help to reduce costs in some part of the production chain. Maybe Trump does not understand what is competitiveness because he is not an industrial, he is just a real estates and entertainment man. I wonder if improving infrastructure can help to create 13 millions of jobs. ¿Where does money come from to build or repairing bridges and highways? He has said he will reduce number of taxes and abolish some others. He criticized Hillary because of his connections to Wall Street, and now he chooses a former executive of Goldman Sachs for Treasure Department. ¿Where is the difference?
Managing economy like a real estate business is not the worst part, maybe there is a little probability he will succeed, but I don´t think he will. Probably the worst of everything is that he has already generated negative social impacts and probably he will make to lose US social achievements. He has already increased local racism tensions giving steps back in the construction of a civilized nation. Somewhere I read that the woman elected by Trump to be chief at the Department of Education, was the first person who transferred public budgets to private education. It is a bad sign. Starting from his position as Climate change denial, not only regulation will be weak, but some kinds of scientific research will lack of support. It is bad, if factories from China will return to USA, USA will be again the most pollutant country in the world.
He has already achieved a lose of confidence and respectful from the «friendly world» with respect to USA, and I am sure it is a factor when people make consume decisions (my next pair of shoes will not be wolverine brand).
11/09 was not the break point, nor 2007 - 2008 financial crisis. Maybe Trump’s presidency and Brexit are an inflection point.
On Sun, Jan 8, 2017 at 11:13 AM, Frank Wimberly <wimberly3 at gmail.com> wrote:
Wasn't that a recent thread?
Here's a suggestion:
https://www.youtube.com/watch?v=bW0NguMGIbE
Frank
Frank Wimberly
Phone (505) 670-9918 <tel:(505)%20670-9918>
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