There is an unsettling feeling deep in my stomach and it’s been sitting there for quite a while. It’s strange and difficult to describe but I will try.
On paper and compared to billions of others around the world I was born into the best possible situation. I am a white male, American born, brown hair, blue eyes and born into middle class America. I went through the local school system and then on to a public university. Nothing about my nuclear family or extended family is anything extraordinary in terms of wealth or prestige yet we are well educated and hard working. We had enough and we’re comfortable but by no means from the lucky sperm club.
That’s no problem you say; America is land of opportunity. And as you already know from the history of the United States, each and every person has the freedom to pursue their dreams and the opportunity to change their fortune for themselves and future generations to come. It’s been that way since we defeated the King and established our free land called America.
Not anymore, it’s looking like.
We are on the brink of ultimate collapse as a country, a society and a world. Our national debt is at record levels and actually at an inconceivable height, numbers at which politicians throw around with no thought as to how bad they actually are. If we were a person, we would have already gone through bankruptcy court at least a few times.
Our health care system is in shambles, with stories of people going broke and bankrupt from a simple X-ray or MRI scan. Think about that for a second: middle class working citizens are being ruined financially due to basic routine medical visits at the same time someone is driving home from the appointment in their Bentley and profiting from them mightily.
That’s simply bullshit.
And the fact is the trend-line is not looking any better should scare you too. You think the financial collapse of 2008 was rough, from what I am learning it will not only get worse but we’ll probably not “come back to normal” but ultimately establish a new normal. They just keep printing dollars and putting them into circulation like a person keeps the faucet running in the tub while the drain is open, all the while wondering why the tub doesn’t ever get full. We’ll basically deflate any value our currency has, which will only be the beginning of our troubles.
Foreign countries holding much of our debt will at some point come calling. I wonder what we’ll say… I hope it’s not China and their billion plus citizens.
Education is becoming the new “housing boom” and the biggest lie in America. “Sure kid, go $100,000 in debt to learn nothing that applies to real skills being required from you in today’s working world and then spend the next 10 or 20 years trying to pay it back.” It is said most employers are not able to find and hire the right people with adequate skills to meet their job requirements. This, at a time when record number of people are applying for jobs tells me we’re misaligned and in desperate need of change.
Even scarier is the fact that college will become so expensive and so few will afford the ability go to a university we’ll just end up back full-circle to when the elite are formally educated and the rest of the population isn’t. I hope that doesn’t happen in my lifetime but it seems as if we are sliding down that road already.
Oh, and did you know there is $1Trillion in student loan debt in the United States?
Yes, a debt that will just keep growing because the interest on such a large of amount will never be paid down. The result is a crippling our future work force before they even enter into the world.
It’s truly absurd and I feel sorry for kids and families today who don’t know what to do but feel like the only thing to do is “go into more debt I guess!”
Of course, that is at the same time our entire education system is in denial to the fact that we are losing ground on the rest of the world. We lack the most in STEM areas, the very skills our most important innovations are requiring from employees.
I think what is bothering me the most is the wealth gap forming between the top 1% and the rest of us. It’s bothering me because the law of compound interest tells me it will never change – it will only get worse. The rich get richer because the more money you have, the more money you earn on the return from the money you already have in the bank. I recently posted a short video on the subject and it’s worth a view. To go further, it’s not that I am jealous or wish I had billions of dollars (although I am pretty creative and would have a fun time investing and giving back if I did) but I am worried such an uneven distribution of wealth will lead us down a road we will only regret once we hit the point of no return.
When the majority of a resource (wealth) is held tightly and by a specific few, corruption and manipulation is inevitable. Look no further than our neighbors to the south. Go spend a few months in the backcountry of Mexico and then tell me you want the rich to get richer in the U.S.. Due to the mighty dollar, anyone who wishes they had more will bend their moral and ethical standards to better their lot. And anyone who has more than enough money will use it to not only get what they want but to hold onto what they already have. This mean lying, cheating, stealing, feuding, protecting, enslaving. threatening and killing. The creeping and uneasy feeling I have is that we are too far down the road to turn it around.
At this point you may be thinking to yourself “boy Nick, bad day?”
No, not really.
It’s more like I keep reading pieces about the state of government, education, financial situation and the current state of our society. I am actually trying to take my head out of the sand and look at the reality of the situation. I am asking myself what it is that I can do to help, in whatever ways I can.
I hope you are now too.
Will it help if I create a company that positively affects the economy in some way? Do I just give up and go get a middle income job so I am secure in my future? My fear (for myself, my eventual kids and everyone else) is that middle class job will not be there anymore. What will $50,000 a year buy us in 10 years down the road?
My guess is not much.
So, I plow on. I challenge myself to figure out a solution for 1) myself and 2) the greater public. For myself, it means I need to create ongoing income and wealth independent of an employer or the government.
Why? Because I have a sneaking suspicion those things might not be around or dependable in the future, at the time when I will need them the most.
In a funny way I feel we have come back to the roots of entrepreneurialism – people going out on their own and creating something for themselves which financially and economically can withstand outside forces to keep them alive and protected. Something that pays you consistently or in a very large lump sum so you and your family are secure and safe.
Also, I feel the only way out of this mess will be creative entrepreneurship. It’s not ALL doom and gloom you know. We have the opportunity to create new ideas, new ways of life that will lead our society to new and better places. Only these new ideas must not depend on the government and traditional economic ways. They must be new ideas for the new world we now live in.
What ever we do we mustn’t put money back into the 1% hands or we’ll just end up expediting our own downfall.
My question: is that even possible?
It will be interesting to see what happens.
2 thoughts on “I’m Actually Deathly Afraid Of The Future For The United States”
“Anyone else afraid of US future”
That is what I typed into Google that led me to this blog post. After spending hours filling my head with knowledge from multiple perspectives regarding the current presidential election, I have become truly terrified of what will happen to this country after November 8th, 2016. Tonight alone I have spent HOURS on: reading articles from multiple sources/perspectives about both Trump & Clinton controversies; reading statements of political leaders; looking deeper into the state of the Republican party; listening to interviews with the 1%; reading what is being said and not being said on Twitter accounts; learning more about current Russian tensions; and following conversations on various subreddits including r/politics, r/TheDonald, and r/worldnews. After combining what I’ve gathered tonight with all of my past experience and knowledge, I’ve come to the conclusion that no matter who wins this election, there will be a blood bath. And upon reading your blog post, that is the feeling you had 3 1/2 years ago.
I think that everything has gotten so bad across the board, that it no longer matters who wins this election. There will be violence. If Trump wins, we face the threat of a bully. His threats to jail individuals that oppose him and to abuse the world with his presidential power, are threats of a dictator. If Hillary wins, the pure hatred, anger, and resentment that exists in the ideology Trump has cultivated will manifest itself through domestic violence (not to mention the issues Hillary’s ideology has created). And the current Russian tension will snap almost immediately.
Like you said, we have passed the point of no return.
As a university senior with a passion for what the entrepreneur’s legacy can inspire, I agree with you that the entrepreneurial spirit is what is needed to rebuild the nation. But it is troublesome that the nation hasn’t even been “destroyed” yet. I am afraid that America is still at the beginning of its journey down a deep dark path and I am not sure when we will see the light again.
My only hope is that the current entrepreneurial-friendly economies seen across the nation’s cities will act as a beacon of light throughout our darkness. Inspiring us to continue innovating so that we can make real change.
Perhaps that is actually how America becomes great again? I guess it is what has to happen? Which I suppose is exactly what you said in your blog, going back to our roots of our entrepreneurialism. You knew it was going to get worse, I think we all have felt it for a while. But did you really predict it to get this bad? I’m not sure any of us did…
(Well that really begs the question of could anyone have even known the way in which it would get worse? Is that even predictable? I would argue no, but that is besides the point.)
Now as when most human beings face the thing they find fearful, my instinct is to run. In the past, I’ve heard my peers say they will just move to another country if things ever go south in the US. And I’ve heard people say that long before this election. But what we will have to realize is that this is it, without the strength of America bringing countries together, there is no where safe, there is no where to run.
The future of this country that I fear, is my future. It is everyone’s future. And we cannot run because change must come from within.
I believe we will be strong enough, but now the fear of certain uncertainty is setting in. I know it will take time but how long? I know we still haven’t hit rock bottom so what will that look like? What will we have to do? What exactly will happen? Like you said only time will tell.
Although I am curious with how you are doing with all of this? Now that we have somewhat of a clearer idea of all the possible ways in which things could get worse, what do you think about it all?
Hi Samantha. Thanks for adding such a deep comment. Yes, it’s a little amazing and crazy I wrote this more than 3 years ago and now we find ourselves in an even worse situation. Fingers crossed on the outcome! As I said in the post, I believe our resolve and entrepreneurial drive to solve the issues at hand will save us in the end. I believe that more today than I did 3 years ago. Yet, it will require better leadership, starting at the top of the political end of the spectrum, all the way down to people like you and me who will drive the future of business. Let’s hope this too shall pass (this election) and we can start to solve the issues the election has thrown front and center. If you’d like to continue the conversation, feel free to email me using the email button on the right of the page.