The following issues will shape the social landscape for as long as the Millennial generation is alive.
Ten years after the Great Recession, the US has had its longest bull market ever. The recovery has benefited the country, but not the individuals of whom it is composed. We are experiencing the largest transfer of wealth in history, but in an increasingly inheritance-based economy, this transfer is expected to fail because our spending habits are largely influenced by mass culture. Our consumerist values are simply too inferior to permit multi-generational wealth.
Due to the previous recession, even relatively fertile groups have at least delayed childbearing. Secularization and the economic hardship of having large families suggest that this trend will continue. Further, prime-age male workforce participation is unusually low. The resulting distortion in the marriage market, without a correction of its own, may harm the birthrate further while increasing stress on the remaining few who operate our nation’s ramshackle infrastructure.
As bad as this sounds, it’s worse when we consider the mental and physical health of our youth. The substance abuse, obesity and suicide rates of American young people both decrease their numbers and degrade the human capital of those who remain. We can barely staff our Armed Forces. The cultural shifts necessary to even slow down these problems are effectively impossible because they are politically incorrect. I had difficulty graduating college because I wrote a paper that addressed these issues. As I’ve said before, some of my notes became this blog.
This does not end well.
Our country will experience another economic correction. It will also undergo other crises, because that is the way of our fallen world. How much lower will our birthrate get? How many people will be still be fit to provide basic services? What will happen when they fail? Who will provide leadership?
How will traditional Anglicanism fare as a tiny religious movement with scarce resources? Will we provide leadership? Are we the man in the arena?