What Trump Only Cares About

Trump only cares about his base of supporters when he carries out his actions or speaks or tweets. He doesn’t care about anyone else. He expects to get enough votes from non-decided voters in swing states in 2020. He just wants to get re-elected in four years.

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Trump Relaxing Banking Regulations Could Sow the Seeds of the Next Financial Crisis

Trump relaxing banking regulations could sow the seeds of the next financial crisis. I don’t think he understands that regulation is a good thing, as the consumers need to be protected, rather than a bad thing. It seems he takes his orders from Steve Bannon and somehow believes deregulation will cause growth in the short term. This is bad news for the long-term outlook for the world. Hopefully the next US president and government pushes back against this and undoes the damage before it’s too late.

Starbucks Should be Commended

Starbucks hiring refugees is something that has to be commended. These are the kinds of things companies can do to do good. CEO Howard Schultz’s insistence that he will keep up trade with Mexico is also a good thing. Still though, I cannot fully support Starbucks as a business. It’s still a purely capitalistic franchise, rather than a co-operative.

Britain’s Hard Brexit Will be a Disaster

With a hard Brexit, Britain is shooting itself in both feet and then trying to dribble like Messi.

The US is not a Democracy; but the Future is Brighter

The United States is not a democracy. It is a plutocracy pretending to be a democracy. The politicians in the US always emphasise that the US is a democracy, but they protest too much. On an objective level, from an outsider looking in, it is pretty clear how corrupt and plutocratic the US is. And this was true before Donald Trump. The rich and the corporations still call the shots. The future is brighter, however. More people in the US are going to clamour for a true democracy in the future, and they will get it, eventually.

Poem: What Next for The World?

What next for the world,

What next for us?

What next for the world,

Is it written on a bus?

What next for the world,

What next for the good?

What next for the bad,

What will happen –

What should?

Could,

Would,

Be,

Is it time for us to live the future free?

The Effect of Technology on Future Employment

The effect of technology on future employment, as highlighted by business leaders at Davos, is profound. More and more software, computers and robots will be replacing human workers, and some of it has already happened (think the lack of as many human cashiers in supermarkets).

One answer to the increased joblessness and lack of expendable income is a “spending wage” for citizens for doing no work at all. This would stimulate the economy by allowing people to purchase consumer goods, though it may not solve the self-esteem issue of people not feeling that they have a purpose in life, or that they at least have a diminished purpose in life.

Why Ireland is so Popular for Multinationals

Forget what people have said about multinational corporations coming to Ireland only in order to pay our very low tax rate. It’s hogwash. Those companies could go to many, many different countries to avail of low taxes. The real reasons why they have chosen Ireland as their destination is because Ireland is geographically close to the Europe, it is a member of the EU, it has a highly qualified, skilled workforce, its people speak fluent English, it doesn’t have a lot of red tape so it’s fast and easy to set up shop there, it’s a peaceful country so it’s very stable, politically it is also very stable and that doesn’t look like changing. Having a low tax environment is quite helpful for the company to maximise its profits also, but it’s nowhere near the be-all and end-all.

We can be very cynical and negative and display all the signs of an inferiority complex when it comes to evaluating our country, but Ireland’s success is justified only partly by happenstance (such as the fact that we speak English), and partly by visionary planning by the IDA (where they decades ago to focus on technology and pharmaceuticals as two growth industries the IDA should attempt to woo in order to get a lot of investment into the country).

Ireland has been a success story in many ways, and it’s healthy to celebrate that. It may be a relatively small island with a small population, but – to use the cliché – it really does punch above its weight. Most multinationals investing in Ireland are, of course, American, and perhaps there is something to the fact that Irish people make up a proportion of the US population, so they may go with a country for the European market whose culture they understand.