ANALYSIS, USA — It’s all over!
Obama has won the US Presidency with a probable popular vote of up to 5%.
Political Winds. Economic Trends.
The key significance of Obama, is a little-noticed trend.
Economic local-ism.
Grass-roots.
Ground-up.
In Talbott’s book, Obamanomics, he refers to Obama’s ideas “bottom-up economics”.
Read it: Obamanomics: How Bottom-Up Economic Prosperity Will Replace Trickle-Down Economics
Economics is trend # 1.
Economics has changed.
With the surge of China, Economic Crisis & under-reported power of Europe, economic intervention is back. Economic regulation is back.
The trends have shifted at the infancy stage, and represent a paradigm shift. Unimaginable to most in 2007, or even 08.
2thinknow predicted the shift in 2007 & 2008 using proprietary nascent trend analysis techniques.
The economy functions best with moderation & practical ideas.
And the trend marking the decline of Economic Extremism has accelerated.
2thinknow views America as needing rebuilding.
Local infrastructure. Local jobs. Local economics. Local Innovation.
It all starts now.
How do you think an Obama victory may impact your economic interests?
Robert Reich makes an excellent outline of ‘bottom-up’ (Obama) versus ‘top-down’ (McCain) view of economics.
http://robertreich.blogspot.com/2008/07/short-primer-on-mccainomics-versus.html
2thinknow believe trends support bottom-up economics, and the local economy is of key importance.
Christopher Hire
“The key significance of Obama, is a little-noticed trend” – really??
Many of us would read this “little-noticed trend” as what we used to call “a swing back to the left”.
Has GenX really moved beyond the paradigm of yesterdays political ideologues? I suspect this is just window dressing aimed at an electorate suspicious of anybody who appears to think too much.
I may be missing something here but Obama-nomics, with all its ‘bottom-up v trickle-down’ banter, seems to be fairly well entrenched in the left/right paradigm (…develop human capital via increased state spending on education, health and infrastructure – the Socialists wouldn’t dream of it!)
I’d say that GenX are not as creative as we’d like to think -media/marketing/IT savvy? Perhaps – but public/economic policy innovators? I’m yet to be convinced.
Same war – new soldiers.