Are you saying it's not too late to get on the Trump train?

i absolutely refuse to acknowledge a trump 2024 train until tyde starts one.

tradition matters.

Trump, like most of the GOP, is 300 years old. He and many of his voters are going to die of being elderly fats in the next couple years.

biden is running out of runway to galvanize support on the left and its getting awkward tho.

I mean, literally the median Republican voter was all peace and love and still coming down from Woodstock until one fateful evening in 1979 when they tuned this in on their 12 inch Zenith. They suddenly became shocked and appalled at the brazen frivolity of the youths, the browns, the braless women, and the beardos, so they sent their kids to bed early and turned to their wife and said, "Well dagnabit Ethel, this country is going to hell in a handbasket and the only thing that can save us is voting for Reagan." Don't worry, those people all have diabetes and Parkinson's now, they won't be around much longer.

https://www.youtube.com/watch?v=fh5GdUY00-k

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Tyde which stop on the trump train is this?

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and yes this site does support @ tags so buckle up

sites not shit if it don't have brackets imo

BIDEN TO ROLL OUT ANOTHER COVID STIMULUS RELIEF BILL IN APRIL, SEPARATE FROM INFRASTRUCTURE PLAN: PSAKI

lmao nm.

none of this cures the core problem of the declining middle class in ‘Merica. It’s a 50 year old problem - Covid just gave it more juice

However I’ll offer my own counterpoint: We are scaling into UBI more rapidly than I ever expected.

gimmick

I’m locked in. I don’t have a shred of doubt about my understanding of the populist issue. I think we are simpatico with understanding history & the world as it exists today.

I skimmed a bit of Robert Reich’s doc on Netflix. Guy has been around the White House since Ford. The doc provides video evidence of Reich as Clinton’s labor secretary stumping on the declining middle class issue 30 years ago. It’s pretty dramatic stuff. Quite the early public call by a fellow with his job description.

At the very end of the flix Reich is seen speaking to college students. Just how old he is stunned me. (I also wasn’t aware that he was such a dwarf) He speaks to the fact that it’s not his game any more and he rather wishes them well. I was struck by that. Dare I say “moved”. Again, I was using the fast forward feature in a brutal fashion.

My personal politics make it difficult to sit through Reich’s whining and kvetching. Viscerally, I squirm. It’s emotion versus intellect. I came of age with Reagan. It’s some early powerful imprinting. It’s an age thing admittedly. I skew boomer not millennial so I have an inkling of the height of the United States post war middle class success. The envy of the world and all that. But make no fucking mistake, I get that it’s over and it’s the most important issue for our country and it’s frankly unsolvable. I’m a realist. I have a firm grip on technology.

I’ve had some advantages and some lucky breaks. I’m trying to be a better person though with mixed results. I don’t need a weather man to know which way the wind blows and I know how to set my sails. I’m not going to die at sea politically or financially denying reality.

I have posted it before but Elon Musk’s bit about the likely necessity of UBI blew me away. Musk was speaking to AI and automation. People will be quickly superfluous. The end to the 50 year middle class decline will reach its nadir. I get that much of what he says and does is theater. UBI was said for effect and gave his forecast punch but he’s not wrong. If you’re nice I’ll find the clip again.

as an aside... Ex Boston Mayor Marty Walsh is the new labor secretary. The guy was a construction union leader. It’s like FDR WWII depression era politics atm. That doesn’t get enough press imo. Come to think of it the Biden infrastructure bill is FDR WPA stuff that got Hoover dam etc built. Nothing so constructive will be accomplished these days and no unemployed will be provided work but you feel me.

Our problem this time is not Covid or an economic cycle.

Covid sped up things but the seeds were already in place as we know.

Because of the nature of 80s Finnish TV i actually remember b/w movies from Reagan.

How palatable UBI is comes to acceptable levels of civil unrest. With the nature of media the perception doesn't necessarily need that much to work with. Meaning less turmoil might be needed for something to happen.

Anyways on the other site Daly mentioned the 10 year yield in 2020 things. That obv bounced back and doesn't really mean that much. The more worrying bit was this...

"The bigger and more lasting change is the federal funds rate (overnight) going back to 0-0.25 range. Little over year ago it was at 1.5–1.75 range. Last time it took 10 years to go from zero to that range and about 8 of those years it was at that 0-0.25 range.

...federal funds rate being one of the less intrusive ways to prop up domestic investment. At zero there's not a whole lot incentive for market to go that way.

Fairly sure EU isn't doing that much better (we've been below zero since 2015ish) and i wouldn't be surprised that the trade deal with China had something to do with it.

https://fredblog.stlouisfed.org/2019...-middle-class/




i will just leave this here to fester