This article was published by The McAlvany Intelligence Advisor on Wednesday, June 26, 2019:
Gerald Seib brings a secular background to the Wall Street Journal for which he has been writing since he graduated from the University of Kansas in 1978. In his present role as executive Washington editor, he, according to the Journal, “brings an insightful, predictive, and original” understanding to the news.
That would apply to the culture and the economy as well. On Monday he came close to wringing his hands over the state of both: “Americans are going to church less often, and are having fewer babies.”
He made a common and excusable mistake: he extended those trend lines into the future, drawing straight lines to describe a future curvilinear world. He said these two trend lines have “social and economic significance,” and he goes on to explain why.