Millennials demand fast innovation yet favor politicians who lean to command-and-control economics

Robert Pratt photo Copyright Pratt on Texas

Robert Pratt

America has a society which generally cheers individual inventiveness and achievement not slow advance by command economy bureaucrats.

When relatively affordable analog cell phones hit the market, within a couple of years consumers were demanding digital, newer, smaller phones.

When PCs hit the market with dozens upon dozens of manufacturers, consumers demanded newer, faster, better and we saw Texas-based Compaq be the company to reach a billion dollars the fastest in history. It’s growth is now slow compared with modern innovators.

Take almost any product and you’ll find that Americans demand fast innovation which raises value.

From flat screen TV’s to vehicles. You realize that the cheapest car sold today is better built and engineered in most every way than the most expensive car was just thirty years ago.

The much talked about millennial generation is interesting in that it is generally the group working in the most innovative and market-based competitive industries as well as being the first adopter of new technology and that tech’s toughest critic.

“The starkest contrast in the poll was among generations. Clinton is way ahead of Trump — 51 percent to 28 percent — among likely voters 18 to 39 years of age.”

Yet, there is an odd side to that same set of people, as a group, that is highly contradictory.

The Austin American-Statesman, writing on its latest Texas poll reported: “The starkest contrast in the poll was among generations. Clinton is way ahead of Trump — 51 percent to 28 percent — among likely voters 18 to 39 years of age.” Trump leads in Texas in older age groups.

18- to 39-year-olds who are achieving great things in a market-based economy seem politically supportive of those who believe in a more government command-and-control economic model. Is it due to ignorance? Propaganda?

I’m not sure but people used to turn into smaller government folks when they started making money and paying taxes.

What do you think?...

© Pratt on Texas / Perstruo Texas, Inc.