Parents always want the best for their children. We work hard to provide them the best life possible. After all, I think the goal is to give your children a better life than what we had. I know for a fact that I had an easier go of it than my parents did and I’m very appreciative of that. I’ve often wondered just what this world will be like in 15-20 years when our child is trying to navigate his way through life’s obstacles. Heck, the same curiosity even applies for myself years down the road. Here are a few things that concern me for our future generations that will impact their quality of life.
We currently contribute to a 529 college fund for our child. In the back of my mind however, I wonder what the education system will even look like in the future. Will there even be a need for such funds? It already seems as though there is a shift taking place from the traditional four year bachelor degrees to more specialized education and training. Frankly, something has to change with it. There are far too many kids starting out of the gates six figures in the hole. Some companies are even starting to foot the bill to have employees earn degrees. Starbucks is an example and more will probably follow.
In our part of the country, some kids are doing certification programs for X amount of months and then are able to make a very large salary working on wind turbines or in power plants. The return on education investment with things like that are off the charts. As long as those industries stay in business granted. Our children will have an interesting choice to make here.
All of the wonderful technology in our country comes with a price. Machines are replacing more and more human workers every day as automation saves companies big money. My generation saw this with factory work but robots will be increasing in other industries very soon. There will be a need for human workers obviously but increased automation will create much more competition for these jobs.
My hopes are that we can start bringing jobs back to our country to provide opportunities for the next wave of future workers. Things have been going the wrong way in that regard for years and it needs to be changed. Since there will be automation either way, we need all of the jobs possible to provide skilled work positions for the citizens of our country.
This is the elephant in the room that nobody seems to want to talk about. Our country is around 19 trillion dollars in debt. I watched the debt clock for a minute or two, truly staggering. We always seem to kick the can down the road and keep rolling as a country but I wonder if and when things are going to hit the fan? It is amazing that we as people have to follow a balanced budget but the government does not.
It’s no secret that we have a large divide in our country right now. From politics to race, I don’t recall a time where things have been so dicey in my lifetime. It really makes me sick to see the way people in our own country treat each other, on every side of the spectrum. I haven’t seen anything recently to give me much hope on anything improving soon which is very disparaging as a parent. While it is a shame to admit, there are some days I literally question what kind of world I brought my kid into.
So the question is will our children live a better life than we did? While I do believe our kids will have excellent chances to succeed, there will be challenges to overcome. Education, jobs, national debt, and social issues to name a few of the larger ones. That’s not to say there aren’t things to look forward to though. Many of the new generation, similar to mine, will thankfully never know of the real grueling physical work like many of our parents have experienced. The good part of the rise of technology pretty much insures that we won’t again. Also, look at all of the entertainment options now days. We had Nintendo when I was young. Now there are so many options at the tips of our fingers. I’m cautiously optimistic but time will be the judge.
Questions for the readers- Do you think our children will have it better than we do? What other concerns do you have for the future of our country/world?