My poor wisdom on: Human Capital
It’s no wonder that the labor market is one of three significant indicators as to how our economy is performing at a macro level. Human Capital is and always will be the driving force behind a successful economy. Active participation is incentivized when there are tangible and viable results that are attainable in a feasible manner. As an illustration, this means that I can find a baker, cobbler (no peaches involved), and a seamstress all at a five mile radius. As far as I’m concerned, these are the trades of hard-earned money and its proliferation is a proper measure of how we’re doing at large no matter how grass-roots it is.
With the failing of our economy as the result of mismanagement at a grossly negligent level, the bar that society places on its standards has been brought to a point that is unsustainable. Instead of a growth based on crude results in production, the USA has folded on itself on accruing debt exponentially. The businesses at the heart of local communities are treated inferiorly because they don't pool rank on wall street. But, the trend indicates that the size of a business, as classified on the USA level, is inversely related to its national debt. The higher the debt the smaller the business gets classified under.
The reality of life is that our corrupt politicians have failed at everything in life and that we either look the other way and go along with it or figure out for ourselves that taking action is up to us.
Solution: Labor is the strongest measurement of any economy. The best solution for decreasing taxes and maintaining a strong economy at its optimal level is to create jobs.
The Other Two Indicators:
Low Interest Rates
High Gross Domestic Product
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