The not So Predictable Future 

In spite of the fact that we all have greater access to information, the quality of our knowledge seems to be at an all time low.

Recently, for instance, I attended a presentation by MN Economist, Tom Stinson, where, as he often does in his newspaper articles, Stinson explained how stable our economy is supported by statistical proof and pages of graphs. An audience of investors didn’t say much but asked a few contrasting questions like, “How can inflation be under control when all my major expenses are increasing?” and “Employment may look good to you, but what about all the people who have lost their jobs and ended up working for ½ their former wages, because jobs in their expertise are so hard to find?”

This presentation offers a counterpoint to the “official word” we see on television or read about in the newspapers. A very different view emerges after a study of several books written by leading Americans in government, economics, and the media. Books, in fact, may be making a come back as the best source of information, when people like former SEC Chairman Arthur Levitt challenge readers with the truth. If, says Levitt, we really do have a democracy, then all I have to do is get the truth out to the people, and let democracy work its magic.

Seven questions from as many authors are examined and discussed before the presenter offers a practical solution to all seven, which may be so obvious that we all look past it.

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by Jack Carter, Maple Grove, 763-559-7425