THE PAIN OF NOT KNOWING

What You Don't Know CAN Hurt You!!

Yesterday, I saw a news clip from the Truman Era (1944-1952) in which the President warns us to get prepared for people in this country living to the age of 100.  I was shocked!  I thought Peter Drucker was a visionary when he taught us this in the mid-1980's!  So much for the ability, and the mission of Academia to "help us live our lives better".  Foreign users of our higher-education system get much better return on their investment in that realm than we do on ours!  We're too stupid to make sure that all of our K-12 students get a fair chance of accessing our higher education system!

Do you think for a hot minute that parents from the 50's, 60's, 70's, 80's, and on; until the housing "bust" of 2008; would have continued to hock their homes for the worthless degrees Academia has dispensed to their children over this period?  What if they KNEW that the return on most of their investments would decline to nothing over this period?  Only those U.S. students who, after 1975, pursued curricula that included mathematics at or above calculus-level, received a fair return.  We can also see why white males (rich and poor) dropped out, or did not attend college.

It seems that in politics at all levels, the phrase: who knew what, and when did they know it ?; takes on its full and onerous meaning for us all.  Think about it; if you had a 30 year head start over everyone else, with just the knowledge of longer lives for all U.S. citizens, (then the life expectancy for average citizens was probably in their 40s; and those few who lived to 65, died within fives year after retiring), you would have invested accordingly and would be EXTREMELY wealthy today. 

You can bet the politicians and the insurance companies knew!  When did Nixon insert the insurance companies into the health-care programs in this country??  DUH!!

At the time Drucker taught these nasty demographics to his class, he also revealed the patterns and reasons for off-shoring manufacturing jobs; and when, and under which conditions, they would return.  Add to that his warning about Corporations dumping all costs of labor (career costs like pensions, health-care, training, etc.) onto the backs of the workers.  Add to that his warning that the employee-paid pension funds of the "knowledge workers" were largely un-protected; and the shenanigans of 2001-2008 within our financial markets make perfect sense.

Read my earlier blogs and you will see the role of the Yin-Yang Media is dumbing us all down to the point where we, like the free German citizens in the Great Depression, face a choice of electing a dictator.  You will also see why just about all U.S. citizens stopped being "smart buyers" about the time the Baby-Boomers entered their teen years.

Stay Vigilant!

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