Looking forward to speaking to the League of Women Voters in Central, PA on Tuesday October 17th from noon to 1pm at La Primavera restaurant in Lewisburg, PA
I will also be on the radio in the morning on radio station WKOK at 7:10am and 7:40am If you are in the region...stop by or listen!
This presentation is the start of a national dialogue on the US economy....why the economy is in the mess it is in and what we can do on the local/regional level to impact the national economy.
If you would like me to help you start this important dialogue in your region, contact me at colleen@nereta.org
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
Presentation drawn from my book, We Are Better Than This: How Government Should Spend Our Money, on how better fiscal policy can respond to surging top-end inequality, stagnant middle class incomes, and economic growth.
Fair Trade and Sustainable Business Practicestchykita
I gave this presentation at the 2nd Annual Good Mule conference which was organized by a group of students (including myself). It is a modified version of the presentation I gave to defend my Senior Honors Thesis entitled "Free Trade Problems, Fair Trade Solutions."
Contemporary social issues multimedia assignment - The videos did not properly attach, here are the links in order:
https://www.youtube.com/watch?v=uWSxzjyMNpU
https://www.youtube.com/watch?v=ZDWOm9eGVpU
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
Presentation drawn from my book, We Are Better Than This: How Government Should Spend Our Money, on how better fiscal policy can respond to surging top-end inequality, stagnant middle class incomes, and economic growth.
Fair Trade and Sustainable Business Practicestchykita
I gave this presentation at the 2nd Annual Good Mule conference which was organized by a group of students (including myself). It is a modified version of the presentation I gave to defend my Senior Honors Thesis entitled "Free Trade Problems, Fair Trade Solutions."
Contemporary social issues multimedia assignment - The videos did not properly attach, here are the links in order:
https://www.youtube.com/watch?v=uWSxzjyMNpU
https://www.youtube.com/watch?v=ZDWOm9eGVpU
A presentation paper on Economic Inequality in Developing Country. The paper shows how the economic inequality in developing country is, how it is measured, and how it affects the economy of a developing country. By Sadman Joa.
HLEG thematic workshop on Economic Insecurity, Lars Osberg, presenterStatsCommunications
HLEG thematic workshop on Economic Insecurity, 4 March 2016, New York, United States. More information at: http://oecd/hleg-workshop-on-economic-insecurity-2016
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
Tom Tresser presented at a forum of privatization and the Chicago Infrastructure Trust at SEIU's Chicago HQ on Saturday, June 23, 2012. Visit http://www.civiclab.us. Contact Tom = tom@civiclab.us
A presentation paper on Economic Inequality in Developing Country. The paper shows how the economic inequality in developing country is, how it is measured, and how it affects the economy of a developing country. By Sadman Joa.
HLEG thematic workshop on Economic Insecurity, Lars Osberg, presenterStatsCommunications
HLEG thematic workshop on Economic Insecurity, 4 March 2016, New York, United States. More information at: http://oecd/hleg-workshop-on-economic-insecurity-2016
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
Tom Tresser presented at a forum of privatization and the Chicago Infrastructure Trust at SEIU's Chicago HQ on Saturday, June 23, 2012. Visit http://www.civiclab.us. Contact Tom = tom@civiclab.us
Privatization is the Symptom, Not the CureTom Tresser
Tom Tresser is a Chicago-based educator and activist who is dedicated to championing creativity, fighting privatization and defending the commons. http://www.tresser.com. Hey, SlideShare users - over 2,00 views in one year?! Send me some love, a comment, some acknowledgement that you are using this material - tom@civiclab.us - thanks!
“Rebooting after the economic crash: IT, ET and America 3.0.”
Professor Jonathan Taplin , USC Annenberg School and ARNIC
The financial crisis will leave the next president with the task of rebuilding a shattered American economy. Professor Taplin will describe the potential roles of information technology and energy technology in America 3.0.
Meltdown presentation atca full master Mike HaywardEd Dodds
Mike Hayward: With the help of DK, I have redrafted my Meltdown presentation to be suitable for an International Audience and it is attached below. I have already given this talk at several UK universities with more to come. It is designed multidisciplinary audiences so it is not too technical and is richly illustrated. Please feel free to use and adapt the presentation to suit your own needs and viewpoint. My name is not mentioned in the presentation. The subject is too important to claim authorship or credit.
Summary...... The global debt mountain, peak oil, population growth, resource depletion, population growth, the pension time bomb and climate change are all interconnected.
Meltdown did not occur in October 2008, but we were within 4 hours of it happening. It has only been deferred. Remember, only 3 dozen economists correctly predicted the 2008 global financial crisis, out of a profession of 20,000 members. Not one of the World politicians and Central Bankers saw the crisis coming, but all of them claim to know the remedy. The reasons for the 2008 crash have not gone away. The US housing market is still in freefall and US and European Banks are becoming increasingly insolvent, although they won't admit it. Economic growth will be stifled by rising oil prices. The bailouts are not working. World Politicians, Bankers and Economists are trying to maintain the status quo but they are losing control. Fundamentally, the real systemic causes of the crisis are rarely discussed with transparency and have not been addressed. Fractional Reserve Banking and universal public ignorance of banking practices are the cause of all the our global problems.
The collapse will happen within the next couple of years. The Eurozone or USA will most probably be the epicentre. The interconnectivity of the financial system means we will all be affected. What happens next after the collapse is impossible to predict. History is replete with examples but not on a Global scale. Massive political unrest will prevail. There will be a rise in popularity of extreme left and right political parties.
Union of Humans: The Future of the Millennial Generation in the Age of Automa...Ogilvy
It’s not always fun or easy to understand an automating, fissuring, hyper-globalizing economy. It’s not always comfortable to consider that decades-old safe and sage advice (“Go to college!”) might become totally obsolete—if we don’t move quickly to curtail the privatization of our primary schools, and/or colleges fail to modernize their offerings.
However with great crisis comes great opportunity, and Millennials are well-equipped to handle the mammoth issues before them. They are, after all, the most educated, most connected generation in American history.
So why the emphasis on…unions? Well, we really need them, and Millennials happen to love them. But the automation era will require its own union, of sorts—what we’re calling a “union of humans.”
As we go into a historic time in the U.S., this country's last administration left a recession legacy the likes of which we haven't seen in nearly 50 years.
In 2008, Congress spent over seven hundred billion of our tax money without nothing for us to show for it, while wall street celebrated with great big bonuses.
The philosophical underpinning of the current American progressive tax system (aka marginal utility theory for beginners). We’ll look at data on who’s actually
bearing the tax load, where actual income growth has occurred over the last several decades, and data on changes in the New York tax system over the last several decades. We’ll talk about the impact of unchecked inequality on the US political system, the economic inefficiency of the growing inequality, and address concerns about progressive taxation, ”fleeing millionaires” and the myth of layoffs at “small” businesses.
It is important to understand politically what policies are enacted to support welath hoarding such as extreme CEO salaries. This chart helps to define which political party encourages wealth hoarding.
Nelse Grundvig is a genius when it comes to understanding Labor Market Information and Career Pathways. He took us through a detailed analysis of the technology industry and the jobs in it.
Kevin Hively of Ninigrit Partners wowed us with his presentation about the state of the technology workforce in America! Everyone wants to be the "Silicon Valley" of their region...but does it make sense?
The cccco transforming wfd in california NERETA Job Creation SummitColleen LaRose
Jeffrey Forrest explains how California is transforming workforce development by "Doing What Matters" through the community colleges and Career and Technical Education (CTE) initiatives.
Jobenomics nereta job creation summit presentation 14 june 2017Colleen LaRose
Chuck Vollmer has a huge vision for how to change urban economics into vibrant work environments. Jobenomics is an exciting opportunity for workforce and economic development professionals to try something truly revolutionary...if they are willing to collaborate!
JFF - Future of Work - NERETA Job Creation Summit -6/17Colleen LaRose
Mary Wright from Jobs for the Future explains how the world of work is changing, who is winning and who is losing.... Most importantly what we must do to make the world more fair.
PA Dept. of Labor and Industry - Collaborating with Economic DevelopmentColleen LaRose
Eileen Cipriani, Deputy Secretary for Workforce Development for the PA Dept. of Labor and Industry explains how Pennsylvania is working toward a more collaborative economic development strategy by bringing together workforce development and economic development.
Ken Okrepkie from the Ben Franklin Tech Partnership explains how BFTP and a program called TEC Bridge are helping to advance the economy in Pennsylvania
Paul Raetsch retired north east regional director of the Economic Development Administration explains what a Comprehensive Economic Development Strategy Planning effort entails.
Certifications/credentials – which ones matter to manufacturing employers? Brian Lee – Metrix Learning
There are so many credentials in the marketplace...and increasingly, there are short term certifications. There are a multitude of certification providers. So how do you know which ones are truly valuable in the employment marketplace? Metrix learning is becoming a one stop shop for nearly every kind of certification you can think of! Their unique collaboration with multiple large certification providers such as skillsoft, certiport, Medcom trainex, Kenexa and more has produced a wonderful format for developing targeted career pathways.
Brian Lee – New York CEO, Metrix Learning
New York Wired for Education, LLC (New York Wired), founded in 1991, was originally established to provide state and local governments, not-for-profits agencies, and corporations with innovative and affordable training programs and technology solutions. New York Wired is now the only eTraining company solely focused on the needs of the public workforce training and development market. Using a combination of eLearning technology, instructor-led training and custom development, New York Wired has provided training programs to more than 50,000 adult learners in
over 15 states. In 2008, New York Wired introduced Metrix Learning, its Web-based learning management system (LMS). Metrix was designed to meet the current and emerging training service delivery needs of Workforce Investment Boards (WIBs) and their customers (unemployed, under-employed and dislocated workers) that require new skills, enhanced skills, and certification training programs to prepare them for new employment opportunities.
Brian is the CEO of Metrix Learning and has been with New York Wired for Education for fourteen years. Prior to working with New York Wired for Education, Brian worked as the Director of State Technologies, Inc. and in Executive and Government sales for Xerox.
Nereta Summit presentation David Palmer - WINColleen LaRose
David Palmer, Director of Business Partnerships at the Workforce Intelligence Network (WIN) for Southeast Michigan
David’s work is focused on supporting WIN’s occupational cluster strategy in
Southeast Michigan for the areas of Advanced Manufacturing, Green Mobility, and
Information Technology. He supports the convening and facilitation of Opportunity Detroit Tech, MAGMA, and ExpereinceIT Detroit. He also acts as lead staff for the region’s Investing in Manufacturing Communities Partnership federal designation via the Department of Commerce. Advance Michigan governs this partnership and has helped bring over $30 million in federal investments to partner organizations in our region since June of 2014. Mr. Palmer is a member of the National Association of Realtors, the Society for Human Resource Management, and the American Society
for Public Administration. He is passionate about the place where workforce development, meets economic development and real estate re-development. He is engaged in volunteer work across the region and has served on the boards of directors of nonprofits in Washtenaw and Wayne County. Prior to joining WIN, Mr. Palmer was a full time Realtor. Before that managed successful small businesses in Washtenaw County for over a decade, including North America operations for software company, based in Germany, specializing in systems integration for flow dynamics researchers. Mr. Palmer is an alumni of the Michigan Political Leadership Program and Leadership Detroit. He has been designated a Certified Nonprofit Professional by the
Nonprofit Leadership Alliance. David has earned a Bachelor of Science in Political Science, a Graduate Certificate in Nonprofit Management and Master of Public Administration degree, each from Eastern Michigan University.
Summit.nereta.org - April 27-29, 2016
Paul Raetsch
Northeast Region Director for the Economic Development
Administration (retired)
Paul Raetsch began his career working for the Corps of Engineers, the Baltimore Regional Planning Council, and for a member of Congress.
However, he spent most of his career with the U.S. Department of Commerce, Economic Development Administration serving his last eight years as Regional Director of the Philadelphia Regional Office. EDA has been implementing economic development programs for forty-five years. The agency has been very popular, consistently receiving strong political support from congress and local elected officials. Before becoming EDA
regional director, Paul served as the Chief of the Planning and New England Divisions. Under his leadership, the agency assisted in the development and implementation of many Comprehensive Economic Development Strategies. Technology-led initiatives, and workforce related projects in partnership with Economic Development Districts, colleges and universities, regional and local economic development organizations and non-profit development and training providers throughout the northeast United States. Paul began his career with EDA as an Economic Development Planner. From his first visit to an Economic Development District (the Mohawk Valley in New York) in 1971, when he witnessed 40 local elected officials cast aside partisan and local parochial issues to set regional economic development priorities, he has been a strong supporter of the CEDS process (At the time the process was named the Overall Economic Development Program, the OEDP). Paul retired in 2007.
After retiring from the federal service he has been busy! He developed and managed a new unique scholarship program for members of the Guard and Reserves from the Delaware Valley and served as a member of the Board of Directors of three organizations: Northeast Pennsylvania Alliance (NEPA) (an Economic Development District), Workforce Wayne, and the Lakeland Colony Corporation, a Property Owners Association. He has also worked as an adjunct Professor of Political Science and Public Administration for various colleges and universities and has volunteered as a docent for the Constitution Center in Philadelphia.
This slideshare was the catalyst behind the upcoming conference November 18-20 in Clinton, NJ ...for information about the conference go to: summit.nereta.org
Many people enjoyed the Linked In article "TEN Ways College Career Counselors Should Be Changing Due to WIOA." Well, to understand that fully, it helps to understand where WIOA comes from and why these changes are necessary. This slideshare, originally presented for Intern Bridge for their online conference in July 2015, will give you more context around that article.
Attend the Summit November 18-20 in Clinton, NJ to Develop Productive Industry Partnerships in Manufacturing!
The purpose of the Summit (and post-conference course) is to assist local higher education, workforce development and economic development professionals in aligning their strategies to:
create a collaborative, supportive environment for manufacturing employers
improve local workforce capabilities, especially for manufacturing employment opportunities
boost a competitive advantage for their region.
Some best practices in economic development and workforce development collabo...Colleen LaRose
Economic development and workforce development collaborate in many different ways, from developing one program or initiative together to working in new, transformative and even technological ways to assure that the skills qualifications of workers match employer's needs in their regions. This slideshare provides a cornucopia of examples from across the country that demonstrate some of the many unique ways economic development and workforce development are learning to work together. If after reviewing this, you would like some assistance in how to create a strong economic development and workforce development collaborative strategy in your region, please email colleen@nereta.org or call me at (908) 995-7718.
WIOA and what it means to economic developmentColleen LaRose
The Workforce Innovation and Opportunity Act (WIOA) legislation presents a unique opportunity for workforce development to collaborate actively with economic development. To see the entire webinar, go to:https://www.youtube.com/watch?v=k613ZOI6zJE
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
#US
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the what'sapp number of my personal pi merchant who i trade pi with.
Message: +12349014282 VIA Whatsapp.
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Presentation for League of Women Voters of Central, PA (10/17/17)
1. America’s
best defense
and greatest offense?
A national vision to grow local economies with
an engaged, inclusive, inspired and capable workforce
Colleen LaRose
President and CEO
North East Regional Employment and Training Association (NERETA)
3. Overview
Problem(s):
• What is going on?
• How did we get here?
Effects of the Problem(s)
Solutions to the Problem(s)
Benefits of the Solutions
4. Don’t Just Know the Problems
…FEEL THE PROBLEMS!
One Hundred candy bars – distribution to audience per current US wealth distribution model
Separation of audience – Blue eyes and Brown eyes
5. Building Blocks of the Human Condition
• Psychology
• Sociology
• Communications
• Public Relations (Spin Doctoring / Distrust)
Education Workforce Development Economy
VALUES
Money, Time, Impact, Legacy, Happiness, Traditions, Equity….
6. What Humans Cannot Control (yet):
Natural Disasters, Some Diseases, Asteroids, and Malevolent Aliens
7. Problems We Have Control Over
• Globalization - Poor/abusive employer practices/international strife
• Power games – (gerrymandering, monopolies/big box stores, Congressional
lobbying/insider trading, systematic oppression, squeeze of middle class incomes, etc.)
• Technology – Artificial Intelligence - reducing labor costs (but some advancements faster
than humans are capable of controlling)
• Social problems (Childcare, drug/alcohol problems, longevity effects on demographics,
bias)
• Infrastructure problems (Housing, transportation, education, food availability)
• Lack of support for business start-ups and scale-ups
• Education system not structured to meet future job related needs
• Credential transparency problem (see www.workcred.org)
• Environmental – Destroying the planet in the name of profit
8. We Control
• How we are organized socially
• How we are organized monetarily
• What we value
Tom Friedman – “The World is Flat”
Discovered on his summer vacation: Some towns/regions thrive and others with same resources do not…WHY?
9. Problems With Our Monetary System
Problem with WORLD WIDE Economy! (Economic benefits go tp the financiers)
How Cash is created –
Federal reserve writes a check to give to Treasury (on no cash deposits)….Cash Springs into existence!
(Money is actually just an IOU note).
How Debt is created – Treasury issues bonds – bonds are IOU’s on future debt – (deficit spending) –
Banks buy the bonds with money created by Treasury (IOU notes).
They are just swapping IOU’s…there is NO REAL MONEY.
Why Our Founding Fathers wanted metal (silver and gold) backed currency
Creation of the Federal Reserve…and the IRS simultaneously in 1913
System is designed to fail
Every time “cash” is created, more debt is created. The system is designed to keep masses in debt
http://bit.ly/howcashiscreated
Something is wrong….
My dad’s salary in 1960’s was $110.00 per week.
My parent’s mortgage on 3 bedroom rancher was $60.00 per month
11. During the 1979 – 1982 period, Federal Reserve Chairman Paul Volcker suppressed the virulent inflation set off by the collapse of Bretton Woods
(1968). Unfortunately, he did it by charging sky-high interest rates for borrowing fiat dollars, rather than by returning to a gold-defined dollar.
“Tight money” can stop an inflation (at least as measured by the GDP deflator), but it does not eliminate the costs and risks associated with a fiat dollar. To the
economy, “tight money” is not the same thing as “stable money”.
Ronald Reagan’s across-the-board supply-side tax cuts became fully effective at the start of 1983. These, coupled with Volcker’s quasi-stabilized fiat dollar, got
the economy moving again. RGDP growth during the 18 years 1983 – 2000 averaged 3.67%, while inflation subsided to 2.64%.
Things got better for everyone during this period, but quite unequally. The incomes of “the ninety percent” rose by about 17%, while those of “the ten percent”
shot up by 106%.
This was the best that could be done without actually re-fixing the dollar to gold (or something else real). A fiat dollar creates additional risks for capital
investment, thus raising the cost of capital. When the cost of capital goes up, the return on capital must also increase, or the economy will liquidate itself. “The
ten percent” owns essentially all of society’s capital. So, a higher cost of capital will inevitably raise the incomes of “the ten percent” relative to the rest of
society.
Near the end of 1999, the Federal Reserve went off the rails again under Fed Chairman Alan Greenspan. The Fed created a stock market bubble by pumping up
the monetary base to ward off the (non-existent) problem of “Y2K”. When January 1, 2000 came and went without incident, the Fed withdrew the extra money
too fast, producing a stock market bust.
Greenspan, followed by Ben Bernanke, then fell in behind the “weak dollar” policy of newly elected president George W. Bush. The tenuous monetary stability of
the 1983 – 2000 period was lost, with gold prices rising by 258% between December 2000 and February 2008.
The classic inflation hedge strategy is to buy physical assets with borrowed money. The inflationary environment engineered by the Fed,
produced a massive bubble in housing. Hundreds of billions of dollars worth of precious capital was diverted from nonresidential assets
(which produce a 48% GDP return and support jobs) to residential assets (which return 7% and create no jobs).
The result was malinvestment on a grand scale.
Forbes article:
http://bit.ly/inequalitychart
The Mystery Of Income Inequality Broken Down To One Simple Chart
12. Distribution of Wealth
40% of wealth is owned by 1% of American people (in 2007 it was 35%)
78% of wealth owned by 10% of American people (up from 74% 10 years ago)….
• 2028…will they own 82%?
• 2058…will they own 94%??? ..(I will be 96 years old)
15% of the wealth owned by those between top 10 and bottom 80. (top 80-90%)
(Even these people get squeezed if top 10% own 94%!)
7% of wealth owned by 80% of American people (in 2007, bottom 80 had 14% of the wealth)
0 wealth held by bottom 50% of American people
13. Four People Play Monopoly
One gets 90% of all money and properties
One gets 10% of all money and properties
Two get no money or properties
How long does this game last?
Would the players even bother to play?
Paul Piff – Stanford Research
“Does Money Make you Mean?”
http://bit.ly/meanrich
As wealth increases – compassion decreases…and
feelings of “deserving to be rich” increase.
14. Social Security as an example of abuse
Only pay into social security up to $127,200.00 of salary
(Wealthiest can afford to pay!)
Get a social security check no matter how much money/things you have
(Not means tested)
The more money you make, the more social security you get.
What would a truly fair system of Social Security look like?
• Bottom salaries (those who cannot afford to contribute) do not have to
(perhaps start paying into it over $70,000 of income)
• Only those who need it would get it
• Everyone gets the same benefit (perhaps by cost of living in that region?)
15. Economy is Manmade
Some natural things will self-correct….
Fire can regenerate a meadow
Skin can heal from a wound
But man-made things do not “self-correct.”
Waiting for the market forces to “self-
correct” is foolish. It won’t happen without
intervention!
Tweaking is Necessary!
Capitalism may be the best system humans
have come up with so far…
But it is far from perfect!
16. Ninety-four percent of all new jobs that have been created since 2005 have
been "Alternative Work Arrangements" (1099, temp work, part-time work,
etc).
Not building a healthy economy
Hollowing out of the middle class
Now cause for our national security
• MUST rebuild our economy and re-establish good jobs for the middle class.
• Each local region is a link in the chain of the national economy.
• Regions must work to rebuild our national economy through the work they do at
the local level.
Leadership Training!
There are proven strategies for growing local economies...such as cluster strategies,
economic gardening, and advocacy for finance and corporate behavior reforms, but
we need each local region of the US to learn how to implement these strategies in
order for them to be successful.
Local Regions Must Rise to this Occasion
17. This is not about “Wealth Re-Distribution”
It is about SAVING CAPITALISM
Henry Ford made sure his workers could afford to buy
his cars! That was brilliant!
Starving the middle class will eventually implode the
system due to lack of consumerism.
Those with high concentrations of wealth MUST PAY
THEIR FAIR SHARE of the tax burden. We must
eliminate tax loopholes, shelters, stock buybacks, etc.
Flat tax could work if it included a tax on property and
cash reserves already owned (here and abroad!)
Stop those who are “Gaming the System” from killing Capitalism
18. Eight rich people, six of them Americans, own as much combined wealth as "half the human race“
Happiness salary - $70,000
2017 net worth of U.S. households and non-profit organizations- $94.7 trillion.
Divided equally among 124 million U.S. households, this would be $760,000 per family.
10% owns 78% of all wealth in the US (up from 74% ten years ago)
80% own just 7% of all wealth in the US
Bottom 50% own VIRTUALLY NO WEALTH AT ALL
Outcomes of Our Current System of
Wealth Creation and Distribution
19. 1) GLOBALIZATION - Lack of patriotism by global corporations
2) POOR/ABUSIVE BUSINESS PRACTICES - immediate profits, short-term thinking/planning/actions, CEO salaries
3) WORKER ABUSES - Severely low wages. Lack of worker protections, growing “gig economy” for survival.
4) FEDERAL RESERVE - Federal reserve keeping US in debt (banking ponzi scheme)
5) POOR BLAMING - Capitalism is inequitable - will always eventually benefit rich.
6) TECHNOLOGY able to reduce labor costs
7) DEMOGRAPHICS - longevity -improved healthcare/nutrition, changing population characteristics
8) SOCIAL ANXIETY/DEPRESSION – overuse of prescription drugs, divisiveness
9) INFRASTRUCTURE - Inadequate dedication of funding to infrastructure projects
10) LACK OF SUPPORT FOR START-UPS AND SCALE-UPS
11) CONFUSED EDUCATION PRIORITIES - slow to adapt to economic changes
12) PUBLIC POORLY EDUCATED ON DEMOCRACY - keeping politicians in line
13) POORLY TRAINED LEADERS – Not considering consequences with long-term planning
Effects
20. Deaths From Drug Addiction (mostly Opioid)
1999 2015
Cause: PROFIT MOTIVES of Drug Distribution Companies
Congress – allowing these companies to be the “drug dealers” of our
times...all in the name of money.
WHEN MONEY IS MORE
IMPORTANT THAN PEOPLE
21. God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference.
22. Hopeful for Today and
Hopeful for Tomorrow
Three strategies that get the US back on the right path
23. 1. Leadership training/Regional context – Demand Long-term Thinking!
• Missouri example (http://bit.ly/savingmiddleamerica)
2. Supporting business as partners with the community
• Start-up and growth business support
• Skilling up workers
• Policies that keep unions fair and reasonable
• Good corporate citizenship expectations (taxes, employee treatment, cluster strategies, end short-
termism, reasonable CEO salaries, etc.)
• Direct Public Offerings
• Co-ops (worker-owned)
3. National education discussions and fixes
What Can We Do?
24. 1) Leadership training for local/regional leaders
• How to do collaborative strategic planning
• Communities of excellence pilots (http://www.communitiesofexcellence2026.org)
Baldridge principals in teaching community development.
• Infuse cluster strategies
• Invest in regional strengths (asset based)
• Emphasize job growth comes from SMALL business
• Plan for business sustainability through “worker-owned” options
• Ethics and fairness drive quality of life
• Long term planning for survival of human race -Consider long-term consequences
• Strengthen local market – buy local and consider a local currency! DPO’s
• Provide forums for people to network/connect unrelated to religion,
school and business
25. 2) Supporting Business
as Partners with the Community
Need system that is much more robust and comprehensive than the SBDC's, and SCORE
Make banks loan money to business - not just make money buying and selling derivatives!
Teach entrepreneurship universally!
• Build businesses out of the Gig economy
• Encourage unemployed to have “side gig”
SBA changes:
• Lean start-up – not business plan centric
• SBA benchmarks hurt more than help - Not quantity but Quality of start-ups
Community college system/Economic Gardening - Edward Lowe Foundation supporting scale-ups. This the most
crucial thing we can do in the US to create more jobs.
Employers invest in Skilling up workers!
Policies that keep unions fair and reasonable (for the good of the community top of mind)
Good corporate citizenship expectations (taxes, employee treatment, cluster strategies,
end short-termism, etc.)
26. 3) Educate the public about
skills and education needs
• What a real "skills gap" is....
• Provide VERIFIED credentials for the achievement of skills that are in demand in the
marketplace.
• Educate the public as to the difference between "education" and "skills acquisition.“
• Need for vocational skills
• STEM is over-rated
• Webinar on this topic: http://bit.ly/eduandwddisconnect
28. Engaged
• Be a part of something bigger than a solo effort
• Whole is greater than sum of parts
• Gallup “strengths finder” – engagement makes a more productive
workforce
• Psychology driven analytics - aptitude testing and assessments
29. Inclusive
Those not like us make us grow
Diversity – many ideas - is the strength of US
Tolerance is a character building virtue and can be taught
Continuous vigilance is required to achieve true diversity
Affirmative action is still needed - could we energize it by:
• specifying a vision (what is the utopian situation?)
• setting specific goals
• putting a time-table on it
30. Inspired
Innovation comes from play, creativity, imagination, dreams
Give time and space to create
Arts and working with hands help the creative process
Encourage storytelling
31. Capable
• Own one’s skills (know what they are and how to market them)
• Continuous learning culture
• Liberal arts education is still viable
• Share knowledge informally and acknowledge informal learning
32. Robots are coming…but we are still human
AI- Lacks emotional intelligence/conscience
Lacks motivation for future
Lacks feelings/empathy
Lacks human motivations
What motivates us to be “bad” also makes us grow.
Recognize benefits of “greed”
How do we harness greed to benefit human kind?
Behavior has everything to do with the economy!
Richard Thaler – 2017 Nobel Prize in Economics -
“Nudge Theory” “People’s choices on economic
matters are not always rational.”
Nudge: Improving Decisions about Health, Wealth,
and Happiness
33. The Goal is to Save Capitalism
But, is that possible given:
• The fiat monetary system
• The downward pressure on the masses
• The hoarding of the rich
Only regional action will make a difference….
34. NERETA Local Leadership Training
2016- Developing a talent pipeline for the manufacturing industry
2017 – Developing a talent pipeline for the tech industry and supporting start-ups and scale-ups
2018 – Developing a talent pipeline for the healthcare industry (June 13 and 14 , 2018 in Scranton, PA)
Each event is followed by an eight month course (one webinar per month) with
homework from each webinar for local teams
In-person training events!
Local “4 member teams” invited: (workforce development, economic development, higher ed, and an industry partner)
Professional Development:
More than 30 webinars!
Presentations at major economic development and workforce development conferences
Improving workforce development
For collaboration between workforce development and economic development
For higher education coordination with workforce development and economic development
35. Books
Capitalists Arise! - Peter Georgescu
The Next American Economy: Blueprint for a Real Recovery – Bill Holstein
36. Debriefing
Blue eyes/Brown eyes
PBS special: http://www.pbs.org/wgbh/frontline/film/class-divided/
Who has wealth and who does not is justified by random characteristics.
Not so much about “hard work” (those at the bottom work the hardest)…
wealth today is about retaining oligarchies of the historically privileged.
WE ARE THE SOCIETY. WE ARE THE CIVILIZATION. WE MAKE UP THE RULES.
We can create the world we want it to be…
It starts with local organizing and strategies...and local values.
It starts with Women!
37. Contact:
Colleen LaRose
President and CEO
North East Regional Employment and Training Association (NERETA)
P (570) 559-2017
E colleen@nereta.org
www.nereta.org
Twitter: @neretaorg