Still no visible crack in the stock market. But the economy may be breaking down. First, there is growing recognition that the Obama/Trump recovery has been a flop.
Taxes, tariffs, regulations – they’re all ways to transfer wealth and power from the common man to the elite who control the government.
This was our land. We had heard that there were people living up here. But we doubted it. It was too barren, too bleak, and too dry.
Some say capitalism has failed America. More likely, America has failed capitalism. Capitalism needs capital. Real money, in other words. The feds gave it fake money.
In a free (capitalist) system, some people will always work harder, get luckier, invest their time and money more wisely, and get richer.
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
Proponents typically look to Europe for guidance. They see Denmark, Sweden, and Norway and believe ‘soft socialism’ isn’t so bad.
We never expected the president to go Full Retard on his trade war. Instead, we thought he would settle the issue…as he did the trade war with Canada and Mexico…in some ongoing, negotiated mush.
Already, America’s medical system — 17% of the economy — is largely socialised. So is the education system — another 7.3%. And don’t forget Social Security.
The economy is no better than it was under Barack Obama. And that ‘blazing’ growth? It’s actually less than the growth rate through the Great Depression!
Our advice to 11-year-olds: The US markets may repeat the experience of the last 77 years; but we wouldn’t bet on it. It really is a new ball game.
The federal government is already adding $100 billion a month to its debt — and we’re still in a boom. And it won’t be long before the boom ends.
Yes, there is an ‘us versus them’ that is real. But it’s got nothing to do with Republicans – Democrats, Black – White, Protestant – Catholic, US – Mexico.
Policy proposals by Republicans and Democrats set off intense political firestorms — setting ‘us against them’ — but they leave the real distribution of power and wealth untouched.