Cook cited the ratio of 1:2:7 in the popular video “Success in the New Economy” — for every job requiring a master’s degree there are two requiring a bachelor’s degree and seven requiring a certificate or training program that might take just one or two years.
If you are still blaming racism, Russia or Viking runes for Donald Trump’s victory, let me remind you of James Carville’s phrase that helped Bill Clinton unseat President George H.W. Bush in the 1992 election: “The economy, stupid.”
In spite of all that was said and done over the last year, the 2016 election was tipped Trump’s way by blue-collar voters in Middle America dissatisfied with the nation’s overall economic growth and frustrated by the stagnation, decline or disappearance of their wages and jobs.
The narrowness of Trump’s win — and Hillary Clinton’s loss — had something to do with their personal shortcomings. It had far more to do with the uneasiness of voters who wanted change, but who were not fully convinced Trump can deliver that change.
After all, the U.S. economy is complex beyond imagining, its course determined by more factors that any single person — or presidential Cabinet — can hope to comprehend. At best, leaders can take a few modest steps in what they hope is the right direction.
More Sinacola: Some of last year’s top Sina-cism