Beginning a new regular-to-semi-regular series on this website, an internet and news of the week round-up that will be graph-laden and told in a very ad-hoc manner. For the article and commentary news round-up, Pat Meacham has you covered.
Depending on your perspective, this week was either the beginning of Watergate Part II (dir. by Oliver Stone, I’m assuming….), or just another week of the “liberal conspiracy media” trying to ruin the Trump agenda. We’re not doing a very good job as a society of “piercing bubbles” so far, although I will continue nonetheless.
….while we’re on the subject of the future of U.S. public policy…
While we’re on the subject of President Obama, the following undermine GOP arguments that he spent too much during his administration.
So it looks like it wasn’t wild spending, but rather something else that has caused the new normal of sluggish growth. It certainly isn’t sluggish for the wealthy and big corporations….ah, the “job creator” class, what an utter myth.
Consumers create jobs for the most part and workers create value. And until even the so-called “capitalists” of this country understand that, we’re going to suffer from stagnant growth because…. the masses are nearly out of money because…. see below.
This has led to a distribution that looks like this….
There are some that will keep banging the drums for the “magic”, but most working people pounding pavement and trying to take care of their families know the truth–the link between effort and reward is gone and has been for some time.
Want to know what’s behind the actual American carnage and why none of 45’s and the far-right to Alt-Right cabal’s policies will work? Because there is a fundamental disconnect between the world that elites inhabit, and organized money protects, and the actual reality of what is going on and has been the trend in American life for some time.
And this is why the most relevant historical force in the 2016 Presidential election was not Donald Trump–but rather it was Bernie Sanders.
He has proven that small dollar donations can break the donor class monopoly of our political system, or at the very least has proven you can put up one hell of a fight and maybe next (demographically speaking) things will break your way. If it is not broken up, it’ll be hard for much of anything to be made “great”again, although I’d very much settle for “good” outcomes at this point.
Indeed, Mr. Norris was right. We are cursed to live (or fortunate to live?) in interesting times. Anyone who has been following developments between the Alt-Right and far-left clashing on college campuses lately, or developments like this can conclude that we are cursed to live in interesting times.
So I keep coming back to the Joker and “watching the world burn.”
There are those who have settled into the world as it is and those (overwhelmingly under 45) who are dreaming of the world as it should be. I think the common thread that binds a lot of millennials, most Gen-X’ers, and younger folks together will be our desire to “burn it down.”
The key difference will be what type of burn. At the outset I showed a “controlled burn” that farmers utilize to help the soil and rotate crops. I believe the controlled burn is far preferable to what the Alt-Right is and wants, which I will call the “moral hazard burn.”
Take care of each out there. And stay tuned for Agreeing Loudly and the Margin of Error.