<div><div>Bob, you have been mired in RI failure mentality too long. Hard to see here but the USA and the world is actually thriving. Peak oil is a losing fantasy.</div><div><br/></div><div> Have you personally visited the thriving economies in the Midwest and the West as I have in the past year? No one wants to recognize, admit or do anything about it but the problem here in RI is provincialism strengthened by a raid-the-treasury self-interest and a remainder of uninvolved people. I think the largest group are people who want to do the right thing (particularly here in Summit) but are frustrated by a lack of a viable mission/vehicle (candidate).</div><div><br/></div><div>Good health and happiness,</div><div> Jim Kelley</div></div><br><br>Robert Mathiesen <rmath13@gmail.com> wrote:<br><br><div dir="ltr">Yes it can, in princple. But most of the wealth that is created thereby will be concentrated in the hands of those who are already very wealthy. A rising tide may lift all boats, but it also drowns the huge number of people who have no boat, or only a leaky rotten boat. I am confident that these drowning masses will manage either to swamp the sound boats so that everyone drowns equally, or they will find a way to hang the wealthy from assorted lampposts. Human nature and all that ...<br></div><div class="gmail_extra"><br><div class="gmail_quote">On Sat, Jan 23, 2016 at 4:47 PM, James Kelley <span dir="ltr"><<a href="mailto:crunniuc@live.com" target="_blank">crunniuc@live.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
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<div>I am confident that there are many much more talented and knowledgeable people than myself on this list though I did major in economics and have an MBA.</div>
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<div>Bottom line: existing talent and expertise will thrive if government will just get out of the way.</div>
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<div>I think this conversation is missing the point that wealth is created when there is value added to something and then exported. This is is happening now but under the radar; the Providence Foundation attempted to highlight these so I won't attempt now.
I know first hand that great talent here is being used effectively (though exported to MA).</div>
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<div>Providence was a top 10 wealth creator in 1900 because it had specialized expertise which it utilized and exported the results.
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<div>It can happen again with a "can do" attitude and not a defeatist one.</div>
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<div>Good health and happiness,</div>
<div>Jim Kelley</div>
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John Bazik <<a href="mailto:jbazik@gmail.com" target="_blank">jbazik@gmail.com</a>> wrote:<br>
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<div>> No, John, businesses probaby won't follow. Small and local onea are alrady here, the relatively few of them that remain in business. At this point, large businesses make most of their money in other ways than by satisfying the needs
of potential customers living in any particular city.<br>
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I wasn’t thinking of customers, I was thinking of employees. The talent pool is going to be larger and more stable in places with a high quality of life.<br>
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John<br>
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