The reason for the dramatic explosion in prosperity and consumer buying power when sinking the B.O.A.T was simple:
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The stagnation we encountered as adults certainly killed our dreams. Moreover, that stagnation also harmed our marriages and ended the thrill of love we felt during the first few weeks of falling in love. And, sadly, our children absorbed from us our hopeless resignation, just as we did from our parents. In short, all this was why we failed at our dreams.
What was the way out of your lifelong trap? Your way out came at two levels. By far the easiest way out was to sink the B.O.A.T. That happened sometime after 2001. Before 2001, some people made some strides forward on their own by learning integrated thinking as adults, as I did (previous chapter).
The more they studied politics and their leaders' effects on the country, those seniors gradually realized that the problems had little to do with the nature of Democrats or Republicans. The country's problems had to do with the nature of politicians. In short, the nature of career politicians put a heavy burden on business and its advancing technologies, which put a heavy lid over many millions of potential geniuses.
Indeed, career politicians axiomatically held down society. Intoxicated by the power to rule over us, they generated more and more laws, which gained them recognition and popularity for re-election. But all those laws create more and more taxes, regulators, lawyers, and lawsuits that put a lid on the progress of America's business and technology:
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40 Points Taxes: Taxes on business hurt advancing technology, indeed. The cash needed to pay taxes cut off endless research and development investments, which were the embryo not only of future creation of jobs, but of all advancing technology. Yet, perhaps the biggest burden was actually the income tax on the people. You see, taxing the people ultimately came back on the business. For, the people needed enough money for a reasonable standard of living. So, the more people paid in taxes, the more business ultimately paid its workers. In a sense, business paid our income tax, a hidden but perhaps the second most major burden on advancing technology. 40 Points Legislation & Regulations: Existing laws and regulations blocked industry from investing or putting effort into many vital directions. Too cost prohibitive and risky. Also, tender youth did not even attempt to move into new ventures for fear of new regulations or laws or interpretations of existing ones. Creativity and progress nearly stopped with this, the other leading burden on advancing technology. 20 Points Litigation: All the unnecessary laws and regulations bloated the legal industry with nearly a million lawyers by the end of the 20th century. The legal roadblocks and endless litigation made American business laughingly uncompetitive on the global market and was a major burden on advancing technology. 100 Points Total
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The reason for the dramatic explosion in prosperity and consumer buying power when sinking the B.O.A.T was simple:
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