Econ Solutions in US Election
دو راه حل اقتصادی در انتخابات آمریکا
United States has been struggling with a secular stagnation in the last 15 years (1). The US candidates for the forthcoming 2016 Presidential election are currently proposing their solutions for this economic situation. Basically two ideas are offered. Donald Trump of the Republican Party thinks using protectionist policies against China, Japan and other countries can create more US jobs. Bernie Sanders from the Democratic Party who supports "democratic socialism" thinks the "one percent" elite have reaped the fruits of technological revolution preceding the secular stagnation and says the "99 percent" are entitled to receive their share by expanding Medicare to all Americans (which is available to citizens of all develped countries except the USA), improving unemployment and social security benefits and raising minimum wage to $15. US economy was in a similar situation in late 1970's and early 1980's, but the computer and Internet revolution and collapse of the Soviet Union changed everything and that era was followed by a blossoming economy in the 1990's. Unless a disruptive change of that magnitude happens, it seems like the situation as described by Presidential candidates is the reality of US economy.
Hoping for a democratic and secular futurist republic in Iran,
Sam Ghandchi, Editor/Publisher
October 19, 2015
1. Kurzweil Discusses 15 Years of Secular Stagnation