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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
09 April 2018 | Pago Pago, American Samoa
10 March 2018 | Pago Pago, American Samoa
10 March 2018 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
09 August 2017 | Pago Pago, American Samoa

Two Views: One Dated, One New.

28 December 2016 | Pago Pago, American Samoa
Kimball Corson
Mr. X: "Trickle-down economics" is precisely what took the masses in Europe and America from 40-year life expectancies in dirt-floor huts and cabins to modern living with indoor plumbing, personal computers, multiple cars per family and all the luxuries and conveniences of the modern world.

Kimball Corson: That was then, but now, matters are different. In the past when many working people were necessary for the wealthy, that need caused the spread of progress and some of the wealth across the masses who acted in service to the wealthy. Trickle down in the large worked and aided all in varying degrees. Technical change aided worker productivity. Now things are different. This is a new era.

Now, people are being displaced by machines owned by the wealthy and the pool of workers to serve the wealthy is being hugely thinned down to primarily the very smart and highly educated. Production processes have been refined and redesigned to reduce or eliminate the need for most labor.

In large numbers, people employable in the past are now largely discarded and displaced which is why we have 93 million Americans of working age not in the labor force.This is also why the problem now is not one of insufficient production capability, as in the past, but now instead is excessive production capability and deficient aggregate demand for what is producible. A historically new phenomena.

We are just through the door of this great transition. Indeed, life expectancies of middle class Americans are significantly falling as has been their wealth positions and general welfare. Middle class income has trended to stagnation, as all productivity gains have "trickled up" to the top 5%. This is the new paradigm that raises it ugly head, not the Dick and Jane, Horatio Alger scenes of the not so distant past.

The future I describe is now at hand.
Comments
Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ