In: Economics
As we approach the 2020 presidential election how do you see the current political division affecting the future of the country?
In many ways, our culturally diverse, younger population is starting to flex its political muscle and increase national awareness of a number of social issues. This contrasts sharply with the increasingly aging population of predominantly white baby boomers and their families, who have fought back strongly against these policies. Unless some accommodation is reached, the struggle between our past and our future will continue, leaving our nation and its economy vulnerable.
During his first three years in office, Trump's administration has done a great deal to eliminate services that help poorer families health care, welfare for refugee children, public education, housing assistance, and several other social service. In addition to the Republican-controlled Congress, potential spending on these services has been handcuffed with reckless tax cuts, practically ensuring ever-increasing budget deficits.
Younger generations Millennials and Gen Zers are deeply supportive of topics that will have a positive impact on their future: greater social diversity and inclusion, more fair treatment of refugees, better environmental protection, and successful gun control. Yet the policies that support these initiatives are low on Trump's aging base priority list. This generational tension underlies ethnic demographic trends, which will further motivate younger, diverse generations. One of these factors is the continuing ageing of the white population: there has been an significant decrease in the number of white children and adolescents over the last decade, as a result of fewer white women of childbearing age and low white immigration. Racial minorities, on the other hand, accounted for more than half of the decade's births and accounted for all the growth of the country's population under the age of 18.
It is also important for these boomers' own interests to support government services that favor young families and potential jobs, including schooling and career preparation, Head Start, Children's Health Insurance, Child Nutrition and Child Care. In particular, these services will benefit children of color many of whom are first-and second-generation Americans who will soon be contributing to our young adult and workforce populations.
Yet these strategies of ethnic and generational representation do not have to continue. It is likely that older whites will gradually have more tolerant views towards today's increasingly diverse younger generations as they age and scatter across the country into suburbs, exurbs, and historically red states, while children and grandchildren of baby boomers marry those of other races. Millennials themselves will be positive role models as they mature and take on leadership roles in industry, politics, and public life, acting as a bridge between the boom-dominated country that we have been and the multi-hued society that we are becoming.