“The Ineffectiveness of Running America on Emotional Economics”
by Kelvin Chin
Life After Life Expert
Impossible Reality = Desire for top global wages for American workers + Cheapest products all manufactured in USA
Flawed approaches:
Pay social welfare to poor sector with no incentive to work: Results in self-loathing by recipients and jealousy/disrespect by non-recipients.
So the group is demeaned internally and externally.
Creates an expectation from government to continue to support them, separates them further from other classes.
Pay wealthy by giving tax benefits hoping that they will share the benefits with others: Results in reinforcing their self-interest, encouraging their worst elements of greed and self-importance. Creates an expectation from government to continue to support them, separates them further from other classes.
Pay corporations by giving tax benefits and subsidies hoping they will pass along to workers and/or innovate to create new or better jobs. Rarely ever happens. Ignores human behavior towards short-term personal self-interest.
Creates an expectation from government to continue to support them, separates them further from public service sector, which they — ironically — want the support from.
Solution:
Need to look at each group’s self-interest. Meet that interest in a way that also incentivizes them financially to work harder and smarter (more creativity/innovation/view of how helping others helps oneself). Remove institutional and structural (finance/tax) impediments from doing that.
Otherwise:
Result = gradual stagnation of national creativity, slow decline in prosperity due to global economic weakness, further separation of social classes, increased strife and discontent, more tribalism and selfishness.
More “me.” Less “we.”
Kelvin H. Chin is a Meditation Teacher, Life After Life Expert, and Author of “Overcoming the Fear of Death,” “Marcus Aurelius Updated: 21st Century Meditations On Living Life” and “After the Afterlife: Memories of My Past Lives.” He learned to meditate at age 19, and has been teaching Turning Within Meditation and coaching others in their self-growth for 40 years. He helps people understand their life challenges through their individual belief systems, and helps them find their own solutions. His past life memories reach back many centuries, and he accesses those memories in his teaching and his coaching in the same way all coaches draw on their own available experiences for perspective and effective analogies. He can be reached at www.TurningWithin.org.