May it rest at the bottom of Davie Jone’s Locker.
I thought 42 was the secret of the universe...
Mea Culpa?
Democrats are actually preparing to double down for another round of tax hikes, as the next fiscal cliff looms out in front of our tired nation.
A good portion of this nations' citizens are schizo.
Leni
Back in the old days economy is linked to POTUS approval rate, because it was harder to borrow to buy things and create an illusion of wealth. Prior to 1980’s credit cards were not widely available or used. You had to spend a minimum of $ 25 before you can charge it and not every store was set up to use credit cards. Most places it was still a cash or check system. Widespread usage of credit cards and equity loans changed the perception of doing well. That can explain the de linking of economic growth to POTUS popularity.
No Clinton on that chart?
It has just about bottomed out at the percentage of the population that is totally dependent on him for more...more...more from his “Stash”.
I was a kid back when Ike was President. Back then all we had to worry about was the Russians annihilating us. Now we have to worry more about our [own supposed] government doing it. Should I wish for the ‘Good Old Days’?
Obama and his Fed henchmen are keeping the economy pumped up with funny money until the last quarter or so of his reign. Then they will pull the plug leaving the mess for the next guy, especially if it looks like it will be a right-winger. It’s the Spite House, after all.
Clinton was left out of the table. Why?
“People get tired of living paycheck to paycheck and even the notion that somehow taxing so-called rich people more can alleviate their circumstances is wearing off. Each day the air slips out of the nation more and more. Being the best finger-pointer isn’t working as wages move lower and job growth remains anemic. The future looks dimmer each day. So after the holidays, we’ll head into the same old battles in DC where perhaps embolden with the notion of another pyrrhic victory, the President allows the wheels to come to a grinding halt.”
I don’t know about the “nation” but surely a lot of people who have have ambitions or hope are becoming weary. Some economic theory, Austrian maybe, has shown that it takes 3% inflation of wages to keep people motivated and coming back for more year-after-year even in the same job and that it takes about 7% rate of return on investments to keep people putting their money at risk. These are components of hope and we have the change but a whole lot less hope now than we once did.
There are people who are content with little. In fact, we have bred a whole lot of people content with little. They are just lazy and have been convinced they need to be taken care of. They will never change because they don’t want to and don’t have to. The carrot will not work for them and we don’t have the will or the way to exercise the stick.
“This is happening more and more each day, resulting in less effort by those that care ... and don’t care.”
At the margin I’m working on a 60/40 basis or less with everything at risk and long, long hours to do it. Returns are dismal on investments. Why stack up more in a mediocre proposition?
Is Clinton censored finally?
He would if he were a Clinton who can easily carry a large Bible with one hand and feel up women with the other. The problem is that Obama has much higher ambitions than Clinton that mostly revolve around revenge for perceived but mostly fictional discrimination against him.
Excellent piece.
BUMP
I hope it’s this low or lower one year from now when it can make a difference in the midterm elections.