We’re In Danger Of Poisoning America’s Economic Secret Sauce

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MMM Newsletter and Website Header 10.2.15

I hope you had a great weekend! The leaves are starting to fall from the trees around my house.

LRPC’s Monday Morning Minute for this week, “We’re In Danger Of Poisoning America’s Economic Secret Sauce” (presented below) comes to you courtesy of John Manzella. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share informative and relevant information with you each week. This is a short piece I believe everyone can read in less than 60 seconds.

A number of economists feel that we may be at an economic inflection point. Are we at risk of destroying the economic goose that lays the golden eggs? The author thinks that we may be.

Have a wonderful week!

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We’re In Danger Of Poisoning America’s Economic Secret Sauce

By John Manzella

After dozens of speaking engagements in Mexico in the early 1990s, I found that many in the audience either had an American passport or badly wanted one.

After I crossed through Check Point Charlie from West Berlin to East Berlin in March 1990, I was told by countless East Germans of their wish to move to the United States to seek a better life.

And when in China, I’m often told by students, workers and business people alike of their desire to permanently move here.

What is it about the United States that draws the world’s brightest and least fortunate? And can it continue?

America’s economic secret sauce

[Read more…]

Four Reasons U.S. Doomsayers Are Wrong

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Are you staying cool?

LRPC’s Monday Morning Minute for this week, “Four Reasons U.S. Doomsayers Are Wrong” (presented below) comes to you courtesy of ThinkAdvisor. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share the most relevant information with you each week. If you are short on time, make sure you take a look at each heading.

Donald Trump talks a lot about making America great again and while our country has considerable room for improvement, we still lead the world in many areas. Those of you who are fortunate enough to be able to travel abroad know how favorably America compares to the rest of the world. The author of this week’s piece reminds us of some of America’s most important attributes.

Have a wonderful week!

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Four Reasons U.S. Doomsayers Are Wrong

By Gil Weinreich, appearing in ThinkAdvisor

Anxiety about U.S. decline is not merely the province of America’s chattering class; surveys of the population reflect a widespread pessimism. A recent Associated Press survey shows that a majority of respondents expect an erosion in the American way of life over the coming decades, while an extensive separate AP survey shows that less than a quarter of Americans expect improving conditions.

Count Joel Kurtzman among that diminutive remnant of optimists. A senior fellow at the Milken Institute, an economic think tank based in Santa Monica, Calif., and a board member of the SEI Center for Advanced Management at the Wharton School, Kurtzman blames today’s “raucous and wrongheaded political debate” for misjudging the enormous vitality America is about to unleash.

His new book entitled Unleashing the Second American Century: Four Forces for Economic Dominance, and its data-filled contents might induce declinists to reconsider their narrative of doom. Following is a look at the four forces. [Read more…]