What collapse?

None of those items on your list of the usual chronic and recurring social problems point to collapse of any sort. America’s got plenty of violence but still its a lot less now than it used to be 30 years ago or back in the 1930s. The number of murders in NYC for example is 90% down from what it was in the 1970s. The opioid epidemic is the latest and possibly less socially destructive version of the recurrent drug problem. It’s crystal meth, crack, cocaine, LSD, and heroin all over again.

What you’re underestimating is the great American resurgence. The economy is taking off. GDP is up over 3.0%. The stock market is booming. Real wages are finally rising and unemployment is at a 20 year low. New technology, creative designs, advances in communication, financial innovation and more are driving incredible improvements. You’re forgetting PCs, cell phones, Google, Amazon, Facebook, and all the others. Silicon Valley is not stagnant and shows no sign of decay.

Change is stressful and there is sharp political division in America. But it was worse in the 60s and in the 1930s and 1890s and America did not collapse. There are serious problems to be sure, but the markets still view America as the place to stash money when there’s instability anywhere else. Maybe the sky is not falling?

Mathematician, Statistician, Businessman, and Academic. Student of history, poli sci , and the Bible.

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