Politics

The Big Score And Bad Economics

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(Sorry for the delay in posts, been a tad busy!)

Economic policies, economic choices like careers and business plans, are of utmost importance in life.  Sun Tzu may have talked the importance of war, but I wish the guy had taken a little more time to focus on economic issues as well.  Then again he was kind of busy being brilliant.*

When one considers economic issues in a society, the most important thing is sustainability – can one maintain a functional system or even enhance it over time.   This is necessary to society as society itself is essentially a long-term thing – no long-term economics, no society as many nations have found out throughout history.  When there is no planning and cultivating of a sustainable economy (or half-baked planning constrained by ignorance, ideology, or moral faults) there is no stability, no success, and no society.

Needless to say I see great examples of bad planning and bad policy today.  Hopefully you see them, but by now fish may have no word for water.**

There are many reasons for that, but one thing I feel should be examined – and which is not examined as much as it should be – is the idea of the “Big Score.”

The “Big Score” permeates our culture and our economic culture.  It’s the lottery win, the perfect IPO release, the Big Novel that makes you famous for life.  It’s the idea of having the bit, the big victory, and then everything will be fine.  It’s the economic version of the Rapture.

In the small, the “Big Score” is believing that college degree will set you for life – and in the large it is the idea that our student loan bubble won’t hurt “us.”  In the small, the “Big Score” is the idea of the IPO that’ll make you rich forever, and in the large everyone thinking they’ll be the next Facebook before the VC pulls out.  In the small, the “Big Score” is hoping for a piddly tax break you’re convinced will jump start the economy forever, while wondering what happened to the school system.

In a way, the “Big Score” is the Winner-Take-All/Superstar effect internalized.  It’s the idea you will/can triumph and have it all fantastic forever.  You just need to get there “once”, forgetting plenty of others want to get there too.

Of course we don’t get there.  We don’t build a sustainable system, a sustainable economy, a sustainable career, a sustainable life.  We focus too much on the low-chance “Big Score” and not enough on the possibility of a sustainable economy or economic life.

Then we wonder what happened.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.

* I do recommend reading “The Art Of War” so you can know about what everyone pretends they read.

** I could have made an “underwater housing” joke here, but didn’t.  You’re welcome.

The Debate Died Early

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The Obama/Romney debate was unimpressive (big looser?  Jim Lehrer).  From what I hear about the Stewart/O’Reilly debate it was livlier but uninsipriing.  Everyone’s already talking Twitter, Facebook, and how that impacts the debates.  Big Bird is a meme, the Stewart/O’Reilly debate’s technical glitches are being discussed, and the debates kind of fade away.

I miss the idea of good, substantial debate.  Catchphrases, bumper stickers, and blatant lies aren’t exactly the substance of great historical import.  Neither is statistics diddling or mathematical games.

So I began speculating that perhaps the internet is replacing debates.  There you can post length discussions and link to numbers.  There the dialog is ongoing.  There things happen.

My answer to this is, possibly, yes.  But I don’t think the internet killed the debate.

I think that it died a lot earlier in our media.

Everything is turned into media sound bites, spectacle, and sensationalism, and our supposed politics and policies aren’t much different.  It’s an age of sensationalism and catchphrases, of what makes audiences angry over any kind of discussion, of what sells ad time.  Politics is entertainment – it’s always been, but it’s pretty much merged as far as I’m concerned, accelerated by television, media empires, and 24-hour news cycles people have to fill.

Worse, it’s a mix of advertising and reality television.

To put the final capper on it, it’s been entertainment long enough for people to imitate it.  You’ve heard the catchphrases bubble up in people’s political discussions.  You know the people who ape their favorite media-news pundits.  This reality-TV politics has infected us.

So debates are dead.  We just started killing them early – and I think the internet is replacing the gap.

Even if that gap sometime is using LOLCats as template for political discussions.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.

Despite All Your Rage You Can Leave The Cage

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Are you a lab rat?

Chances are good that if you're in America, in these troubled times, your state is probably engaged in some kind of experiment.  It might be the changes in Florida () or Wisconsin's cuts (and the weird statements on the National Guard), or California's cut-and-confront budget.  You're probably seeing a lot of very experimental things.

I've ranted on this before – we're seeing a lot of social and financial experiments in the Great Recession.  Some of these are legitimate, a great deal seem to be ideology over practicality.  The thing is they're being done.

After talking to friends in different states, I've come to two conclusions about this:

  1. If you aren't paying attention to your state and local budget you're missing a lot, and could be blindsided by some very nasty surprises.
  2. You should have a backup plan in case whatever experiments going on in your state/city/location fail miserably.  Or in short, where would you move if all the geniuses making budget decisions screw it up.

Be careful.  Apply all those geeky relocation tips we've discussed here over the years.  Right now it's a pretty unsure time, and that ideal city or state you live in now could end up being the site of a failed experiment.

This applies even to me.  I love California and Silicon Valley, but I like to have a backup plan or too.  I just don't want to USE them.

– Steven Savage

* Bonus question – what's the inspiration for the post title?