Expand Family and Business Income Streams

Economic suffering from jobs lost to automation and the COVID-19 pandemic accelerate the need for multiple income streams from family members and businesses. The earlier post, "Rebirth of Self Worth," suggests ways children even can help generate income by adding lemonade and hot dog stands and entertainment to family yard sales. The following examples show how some businesses find new market segments eager to try their products.

     Hard to mow hilly parks overgrown with invasive buckthorn bushes and honeysuckle inspired the formation of the HaakHagen Goat Grazing farm run by a couple of friends in Wisconsin. Their 88 agile goats, rented out to private landowners and government land, also help preserve prairies by nibbling invasive species and shrubs that block the sun needed by shorter native plants. The goats are gentler on the land than heavy mowing machinery, what they leave behind eliminates the need for some fertilizer and adults and children find the goats fun to watch.

     Renting out RVs during the pandemic has become a new business catering to both vacationing families and virtual employees looking for office space while sheltering at home. When pleasure and business travelers return to the skies, they are likely to receive airline-branded Honeywell Safety Packs containing single-use gloves, hand wipes and face masks. Trendwatching.com reports Honeywell offers airline crews reusable packs of safety glasses and face masks with interchangeable filters.

     What is obvious from these three businesses is the way they each seized opportunities to serve multiple market segments. Clothing manufacturers now have an opportunity to produce double-duty items for home and business wear. Educational suppliers can think in terms of the home and school markets. Online retailers might gain multiple incomes from pop-up holiday shops, and more and more similar ideas will create new jobs and economic growth. 

   

Cost Out A Better Future

Democratic candidate for U.S. President, Andrew Yang, proposes sending every person over 18 years of age a government check for $1000 each month. Why? Human beings need food, shelter, and clothing every month. Yet, automation is expected to eliminate more and more of the ways people now earn the funds needed to provide these necessities, while corporations accumulate greater wealth by replacing employees with machines.

     Already, Yang notes, big tech companies, such as Facebook, Amazon, and Google, grow rich by packaging and selling the private information millions and billions of individuals supply free of charge.

     Technological changes require changes in other sectors of human life. When work requires manipulating information on a computer, the physical strength of men is unnecessary. Childcare is still necessary, but how it is provided and by whom need not be confined to unpaid natural mothers.

     Not only childcare, but $1000-a-month paychecks also would provide compensation for those whose time creates an enjoyable community life: the shoppers and clerks who get to know each other, community leaders who organize groups and boycotts to solve problems, gardeners who share crops with neighbors and plant flowers to beautify walking paths, visitors who watch sports with the homebound, families who attend religious services together, friends and relatives who celebrate birthdays with homemade cakes, cards, and presents, and those who write "Thank you" notes.

     Those dissatisfied with $1000 a month will innovate. Designs can be sleeker. Drugs can cure more. Experts can develop more effective teaching methods. Constitutions, standards, and collective agreements can harness, not only the temporary impulses of a mob, but also the independent actions of robots and AI. Dives can go deeper. Spacecraft can go farther. Games can be more fun.

     $1000 a month is a small price to pay for a better world.