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?
He’s a non-person.
Clinton was President #42. He fell so fast that by the time the chart was posted he had fallen off of it.
