7 Responses

  1. Smoler Marty
    Smoler Marty June 26, 2016 at 10:32 pm | | Reply

    Bill,
    I believe that I enjoy your blog because I share your point of view. The bad news there may be that at least to me you are preaching to the choir. That said I think there are a couple of things in this vote are far more interesting and potentially impactful. I for one would have loved to see the media focus there. One doesn’t have to do a deep dive into the current world to uncover two facts. First, globally there has been a growing and now very large trend toward nationalism in all countries across the globe. Second, the Brexit vote broke out with older non college educated Brits 60+% in favor of leaving and young college educated Brits 70% in favor of remaining in the EU. Divided in this way, only the large bolus of “baby-boomers” could account for this result. The older uneducated population (around the world) has never been this large and may never be again. This is not about Britain or the EU. This is not about the media fear mongering or the economy. You are clearly correct here. The world will survive this vote and whatever follows nicely. But it may be about the future of the world. It is difficult for the west to understand Putin’s hold on Russia. The nationalism behind this vote helps explain it. And other similar examples throughout the world. These same trends are strong in the upheaval currently taking place in the Republican Party and potentially the USA. My view is that this should not be and probably would not be an event at all except for the baby-boomers and the aw of unintended consequences. For me, that is the real take-away here, and is not to be passed over lightly.

  2. Harold Sader
    Harold Sader June 26, 2016 at 11:40 pm | | Reply

    Marty’s points are partly right. But before nationalism I believe that the real issue is economic inequality and the continuing extreme widening of income and wealth gaps. Absent extreme inequality, the ‘leaves”,the “tea party” folk and all of the other discontents would be less threatening. But leadership shows little signs of hearing them or feeling their pain. And that it what frustrates and angers them.(That invisible isolation is what the Trumps and leave advocates use to muster support). They want to be heard, i.e. it follows that we need leadership that listens. Nationalism is the response, often manipulated response, not necessarily the source of the problem.

  3. George
    George June 27, 2016 at 2:03 am | | Reply

    Bill, right on target once again. Thank you.

    In response to the older population not being well educated. Aside from educational levels, I read in a scientific article that IQ scores have been going up by several points per person per decade during the past 3 decades. If I recall correctly that measured the US population. This bodes well for the future, I would think. (I wonder if mine is going up, staying flat or going down?)

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