The American Dream Is Killing Us? Really? Podcast 618

Deaths of Despair” is what some researchers call them. Death due to suicide, drug overdose and the consequences of heavy drinking. Alarm bells are ringing. Over the last twenty seven years deaths among middle aged white people with a high school diploma or less have doubled. So many deaths it has caused a fall in overall US life expectancy. Let’s talk about it in The American Dream Is Killing Us? Really? Podcast 618.

Failure Isn’t Your Fault Anymore?

This is a lurid headline. Lurid headlines get attention. Writers are writing. Talkers are talking. Princeton researchers blame ‘Cumulative Deprivation’. We’re suddenly wondering if The American Dream Is Killing Us? Really? Podcast 618.

American Dream Grows Up

What is The American Dream? James Truslow Adams tied it to the Declaration of Independence. All men are created equal. We have an unalienable right to Life, Liberty and the Pursuit of Happiness.

Who Says You’ll Be Happy

When did it become The American Dream? Do we expect our government to help us be happy? Are we supposed to be guaranteed success in our pursuit of happiness. A house in the suburbs? Two cars? A great job? Happy children? Retirement? Health Insurance?

Economic Inequality

Robert Samuelson thinks economic inequality is the cause. Inequality causes slow active social forces accumulating and destroying the hopes and dreams of white people with a high school education or less. It drives them to despair. Drink. Drugs. Death. Writers like JD Vance add to the ‘White Trash‘ ethos with stories of poor, dumb white people living in Appalachia.

We All Have Tough Times In Our Family Histories

In The American Dream Is Killing Us? Really? Podcast 618 I tell some stories of my own family’s history in the coal mines. I wonder what people think we’re responsible for these days. All of us have some kind of despair but we fight it. We get knocked down and get back up. Live to fight another day. Never give up.

Get Up And Fight

Life is a challenge. It does not come with a guarantee. How we define winning and success changes with age and time. Happiness doesn’t require a house in the suburbs and two cars. Happiness requires a warrior mentality to some degree. Sometimes you just have to reach down and get it.

The American Dream Is Killing Us? Really? Podcast 618

Sponsored by Ryan Plumbing and Heating of Saint Paul.

Podcast 388

The Power Of Negative Thinking. See? Made you look. What’s needed is more positive thinking. Still, negative thinking is everywhere. We’ve talked about the power of turning off all the media long enough to hear internal thoughts. Now its time to talk about how many of those internal thoughts can be negative. Negative thoughts are like a cancer, that invades everything and makes it hard to act positively for yourself. Political people especially need to remember the need to be for something, as opposed to against seemingly everything. In this podcast, some experiences directly related to business, and the changes a radio guy goes through to become a podcaster and independent businessman. It’s not all wine and roses, but in the end, being able to be independent, to navigate deep and shallow water as you wish, is very fulfilling. Fact is, no one ever said it would be easy. One of the things you learn in business for yourself is, it’s always something. Negative thoughts include self doubt, worry, and fear of failure and especially success. So many conversations this fourth of July weekend, and almost none of them were about politics and what’s on the 24 hour news channel. Many of them were about other, deeper subjects; Proof that normal, everyday, regular people are thinking about complex and deep subjects, and doing amazing things. You just don’t see them on Fox and CNN, or hear them on talk radio, because they’re too busy talking about Hillary Clinton and Donald Trump, and in talk radio’s case, running away from the issues. Find out how a simple piece of advice from a friend ended up as Podcast 388. Sponsored by Ryan Plumbing of Saint Paul

Podcast 265

China Wins! Weekend updates start with the news that China has overtaken the US as the largest economy in the world. Except it’s not true. According to the IMF, using one measurement of economic magnitude, China has overtaken the US. Of course the US media jumps all over this story despite the fact that the measurement called PPP is controversial for many reasons. In fact China’s economy is considerably smaller and poorer than the US. However, it should be pointed out, when your neighbor is saying ‘things are better now’; if the US continues to have sub par growth (par in this case would be a normal dynamic growth of 4% or more for the same length of time as the recession), China will eventually overtake us. All the more reason to advocate growth policies focused on production, rather than trying to stimulate consumption. Protesters, variously reported as protesting the Ferguson Grand Jury decision and advocating for a higher minimum wage, blocked I35W just outside of the downtown Minneapolis. (Editor’s Note: The confusion in reporting got me talking about minimum wage, but the effect is the same. I don’t understand how making people angry because they sit in traffic for an hour makes them amenable to the cause, whatever that is.) The kinds of people who make more money are the people who develop time and productivity saving innovations, and figure out how to market them. Increasing wages by fiat won’t make anyone’s life better in the long run. Moreover, it’s possible in the short run, some fast food and service industries that employ human beings will automate most of these processes and actually improve service and the quality of their product. Low and middle skilled labor in the next twenty five years will face some grim employment challenges. Protesting this sea-change in the production and labor equation, is spitting into the wind. Black Friday sales are down, provoking all kinds of discussion about ‘what it means for the economy and retailers’. Probably nothing, either way. But, it does provoke a discussion about why some retailers are going out of business, and it isn’t because they’re not offering discounts. Its because they’re not retooling properly for the new consumers who don’t want to wait until the day after Thanksgiving for the best deals, and they want better service. Some stories from the consumer front prove this thesis. For example, a new study says people care more about the WIFI connection than they do the bed, when it comes to choosing a travel hotel. Did the North Koreans really hack Sony Pictures. Not so fast. Investigators now think it was a disgruntled employee. But the real story is how much these Hollywood types are making … but you won’t see any minimum wage protesters on the Sony studio complex. Meanwhile, more TV viewers are streaming their favorite shows, and its happening with radio too as people listen to podcasts and services like Pandora, over the internet. Finally, that all meat diet you’re on may actually be better for your heart than the gluten free bagel diet. New studies show its the carbs that kill your heart. Sponsored by Ryan Plumbing and Heating of Saint Paul, and by Depotstar