Every Nation has economic challenges and must deal with change.
Just like in the Universe change is a constant.
In the United States we have changes occurring with industry trends.
Some cities have issues with changing job categories, shifts in manufacturing jobs moving from 30% to 17% to 10% and then those jobs being replaced by robots or retail or service sector which typically pays less.
Then there are issues with Fed Bank Cities, and deal making and the money flow does not often get to the rural areas which find their money flowing outward to the large cities.
In large cities, we see often people moving to suburban sprawl and devastating downtown areas, meanwhile less tax base and inefficiency causes fewer services, more crime.
With suburban wealth moved out those business owners move their companies.
Then you have cycles of boom and bust.
Then you see down town revitalization come in and cities clean up their acts create destination locations, entertainment and such.
I could write a book on all that; well actually I am, have the first chapter and introduction.
Of course city management is important, often protectionism and petty politics cause issues and corruption is a problem with humans in leadership positions of course, matters not, where you ask; at all levels.
Not good or bad, it just is and always has been.
There as so many factors that play into all this but the root of the problem is usually obstruction of business, progress, innovation, lawyers, anti-demonstration groups, as well as World Economic flows; outsourcing, trade deficits, lack of efficiency, tax laws, laws of unintended consequence and human stupidity.
Just like in the Universe change is a constant.
In the United States we have changes occurring with industry trends.
Some cities have issues with changing job categories, shifts in manufacturing jobs moving from 30% to 17% to 10% and then those jobs being replaced by robots or retail or service sector which typically pays less.
Then there are issues with Fed Bank Cities, and deal making and the money flow does not often get to the rural areas which find their money flowing outward to the large cities.
In large cities, we see often people moving to suburban sprawl and devastating downtown areas, meanwhile less tax base and inefficiency causes fewer services, more crime.
With suburban wealth moved out those business owners move their companies.
Then you have cycles of boom and bust.
Then you see down town revitalization come in and cities clean up their acts create destination locations, entertainment and such.
I could write a book on all that; well actually I am, have the first chapter and introduction.
Of course city management is important, often protectionism and petty politics cause issues and corruption is a problem with humans in leadership positions of course, matters not, where you ask; at all levels.
Not good or bad, it just is and always has been.
There as so many factors that play into all this but the root of the problem is usually obstruction of business, progress, innovation, lawyers, anti-demonstration groups, as well as World Economic flows; outsourcing, trade deficits, lack of efficiency, tax laws, laws of unintended consequence and human stupidity.
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