Posted on 12/29/2014 7:16:21 AM PST by SeekAndFind
Suppose that for some reason you decided to start hitting yourself in the head, repeatedly, with a baseball bat. You’d feel pretty bad. Correspondingly, you’d probably feel a lot better if and when you finally stopped. What would that improvement in your condition tell you?
It certainly wouldn’t imply that hitting yourself in the head was a good idea. It would, however, be an indication that the pain you were experiencing wasn’t a reflection of anything fundamentally wrong with your health. Your head wasn’t hurting because you were sick; it was hurting because you kept hitting it with that baseball bat.
And now you understand the basics of what has been happening to several major economies, including the United States, over the past few years. In fact, you understand these basics better than many politicians and commentators.
(Excerpt) Read more at nytimes.com ...
If you like Fabian Socialism so much perhaps you belong at he Daily Kos or DU?
I don’t understand what “Fabian Socialism” is and, in any case, it’s not germane to the discussion.
You said “My retirement accounts have gone up considerably. Corrected for obaminflation caused by printed money? Bupkis.”
My question is, if the free market has out-performed inflation by a factor of 3 (68% increase in the DJIA vs inflation of 21%)over the last 6 years, what does “Bupkis” refer to. Any prudent investment portfolio over that time period should have out-performed inflation.
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