Back at the dawn of the last century, we had a plan. We are rapidly reaching the endpoint of that plan. Unfortunately, we forgot that plan for very stupid reasons.
Do you mean this outcome is the only one possible for the future in the US? In the 1st World? In the Anglosphere - the US, Canada, Australia, New Zealand etc? What do you mean by "our"?
First, every nation that is entering a post-industrial age, where markets are extremely mature, consumption culture is becoming grating and seen as wasteful, and GGPs can only grow by a few percentage points a year max. Then every nation that enters the same stage. After that, Africa and Central Asia. It’s a very unevenly distributed process that the U.S., Canada, and Europe are bearing the brunt of now.
Do you mean this outcome is the only one possible for the future in the US? In the 1st World? In the Anglosphere - the US, Canada, Australia, New Zealand etc? What do you mean by "our"?
First, every nation that is entering a post-industrial age, where markets are extremely mature, consumption culture is becoming grating and seen as wasteful, and GGPs can only grow by a few percentage points a year max. Then every nation that enters the same stage. After that, Africa and Central Asia. It’s a very unevenly distributed process that the U.S., Canada, and Europe are bearing the brunt of now.