Global Economic Intersection
Advertisement
  • Home
    • 카지노사이트
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
    • 카지노사이트
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result
Home Uncategorized

American Presidency: Starting at Age 55-65!

admin by admin
September 6, 2021
in Uncategorized
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Written by Frank Li

In a previous post (Chinese Presidency: An Earned Kingship for 10 Years), I briefly described the Chinese Presidency, whose starting age range is 45-68.

In this post, I propose that the minimum age of the American Presidency be raised to 55, and preferably be capped at 65 (to start), in order to make the American Presidency more competitive with the Chinese Presidency, thus providing improved leadership for our country and future.

1. The U.S. Constitution

Here is an excerpt from the United States Constitution:

No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President; neither shall any Person be eligible to that Office who shall not have attained to the Age of thirty five Years, andbeen fourteen Years a Resident within the United States.

— Article II, Section 1, Clause 5

How should we interpret it? Here is an excerpt from The Heritage Guide to the Constitution – Presidential Eligibility:

The Framers established these qualifications in order to increase the chances of electing a person of patriotism, judgment, and civic virtue.

2. Life expectancy

What was the U.S. life expectancy in 1787 when the U.S. Constitution was adopted? According to http://www.legacy.com/life-and-death/the-liberty-era.html, it was 36 (1750-1800)!

What is the U.S. life expectancy today? Around 75!

The chart below shows the U.S. life expectancy change from 1895 to 2010. For more, read: World Climate Report – U.S life expectancy at all time high.

Two basic questions:

  1. Why is it that our life expectancy has more than doubled since 1787, but the minimum age for the American Presidency remains at 35?
  2. At what age is a person more likely to have better “judgment and civic virtue” today: 35 or 55?

Age matters! There is no substitute for experience! Judgment and civic virtue come from experience, which cannot be gained without the necessary investment in time!

Leadership matters! Any doubt? Look at the image below!

Unfortunately for America, we can no longer afford a “Learn as You Go†President. Yet, that is exactly what we have been getting, at least since Reagan! The damage to America by our less than capable and inexperienced Presidents is becoming existential and is threatening our future! If we don’t recognize the fallacy of our endless popularity contests for the President, with the electorate eagerly voting for anyone who promises the most hand-outs, we will inevitably be bankrupt.

Now, let’s look at China, our rising chief economic and political competitor …

3. The Chinese Presidency

I have already published on this subject (Chinese Presidency: An Earned Kingship for 10 Years). Here is a highlight:

  1. The starting age range for a Chinese President is 45-68, limited to two five-year terms. For example, both President Xi and his predecessor Hu took office at age 60.
  2. All recent Chinese Presidents have served as state governors and the Vice President before taking the top job in China.

4. Applying the Chinese system to America …

Applying the working Chinese system to America’s failing one, there would have been neither President Obama (too young & too inexperienced) nor the likely Presidential candidate Hillary Clinton (too old & too inexperienced – not being a governor)!

Wouldn’t we be in a better position, had they not been eligible?

Now, you might argue: what about two recent “great†Presidents – JFK (too young & too inexperienced – not being a governor) and Ronald Reagan (too old)? Both were war (i.e. Cold War) Presidents, and neither faced a real formidable economic and political competitor like China – Times have changed! Besides, history will not be very kind to JFK, thanks to his reckless Executive Order 10988, allowing public-sector unions that are bankrupting our cities and states one by one, until all is gone!

Finally, you might argue: “how about President Lincoln?†Lincoln served one term in the U.S. House, lost two elections for the U.S. Senate, and was managing his three-person law office before becoming the President! My answer is the same: “times have changed!†More openly, let’s accept President Lincoln as an exception, not the rule!

In short, in today’s world, we must better qualify the candidates for the office of the American Presidency, with the goal of consistently producing good and even great Presidents!

5. Discussion

In America, an inexperienced President with re-election in mind equals a total disaster, especially in today’s competitive world. Yes, both President George W. Bush and President Barack Obama are proven disasters for America! For more, read: American Presidency: Why is One-Term a Must (Version 3)?

Are we just experiencing bad luck to have had at least two bad Presidents in a row? No, it’s The Political System, Stupid! The world has dramatically changed over the past three decades, but our political system has stagnated, spiraling toward failure. In other words, unless our political system is fundamentally changed for the better, the streak of bad Presidents will continue.

There is a popular argument: “experience is important, but age is not.†Unfortunately, experience is not quantifiable, but age is! Therefore, it makes sense to require a competitive minimum age of 55 for the American Presidency, without exception! After all, isn’t age 55 today like age 35 some 200 years ago on the life expectancy charts? In fact, age 55 becomes even more reasonable when it is combined with a one-term limit (e.g. six years).

Why six years? Because that’s more comparable to the successful Chinese Presidency, which is an earned kingship for 10 years! Why is the minimum age for the Chinese Presidency 45? The Chinese looked at our minimum age of 35 and thought it was too low! Why should we set the starting age range for the American Presidency to be 55-65? Because we need to improve further on the Chinese age range of 45-68!

Even with these changes, the American Presidency is still, by design, inferior to the Chinese Presidency. For example, unlike China, it’s highly unlikely that an American President would have served as both a state governor and a Vice President before taking the top job in the country. But this is a good start to improving America’s chances for success!

Finally, here is another big problem for America: we end up with a big club of former Presidents, who continue to damage America long after their bad Presidencies! Three examples:

  1. Jimmy Carter: ‘I believe Jesus would approve gay marriage’. Who does Jimmy Carter think he is – God? Apparently so!
  2. Bill Clinton raked in $100M in speeches over last decade. What a great way to enrich yourself as a former President! Worse yet, instead of being a statesman living above partisan politics, this former President has maximally enriched his family, both politically and economically, by selling political favors for huge personal gain (Top Hillary Clinton Fundraisers Also Big Donors to Foundation and Chelsea Clinton’s speaking fee: $65,000)!
  3. George W. Bush charged wounded vets group $100k for speech. Even Donald Trump has got this one right (Donald Trump Blasts George W. Bush, Jeb For Former President Being Paid $100K To Speak To Veterans In 2012)!

Now, look at this:

Sadly for America, from Harry Truman to Barack Obama, times have indeed changed, for the worse …

In contrast, look at this:

Still wondering why China’s astrological rise coincides with our steep decline over the past few decades? Wonder not – It’s The Political System, Stupid!

6. Closing

America, reform our political system as I have suggested (Solution for America (Version 3)), or become an also-ran, second to China!

Page Code: $divide1 = “42”; echo $divide1; ?>Count: $headline = “”; include “/home4/aleta/public_html/pages/contributors/frank_count.php”; echo $headline; ?>

Previous Post

Credit Deflation and Gold

Next Post

Dealing with Greek Debt Needs a Radical Rethink – Lessons from Japan

Related Posts

Scammers Steal $300K Using Fake Blur Airdrop Websites
Uncategorized

FBI Warns Investors Of Crypto-Stealing Play-to-Earn Games

by John Wanguba
March 10, 2023
Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites
Uncategorized

Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites

by John Wanguba
February 20, 2023
Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle
Uncategorized

Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle

by John Wanguba
February 14, 2023
Mexico's Pemex Dismantled Resources Worth $342M From Two Top Fields
Uncategorized

Mexico’s Pemex Dismantled Resources Worth $342M From Two Top Fields

by John Wanguba
January 20, 2023
Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future
Uncategorized

Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future

by John Wanguba
October 26, 2022
Next Post

Dealing with Greek Debt Needs a Radical Rethink – Lessons from Japan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Addresses With Over 1 Bitcoin Surge To New Highs: Investor Optimism Soars
  • Unlocking the Future: Google’s Game-Changing Move to Advertise NFT Games Starting September 15th
  • Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.