The game continues. Another day, another week, another month.
How long can the distractions last?
It’s August 1st, now. What kind of nonsense will we sit though, this month? What flavor of music will we be hearing as we watch the flames?
More garbage, last month. I’m not going to waste time talking or thinking about any of it. Who cares, anyways?
The issues we’re having can be neatly exposed, as usual, by reading the orange one’s twitter. Here’s this morning’s haul:
@realDonaldTrump 2 hours ago
Only the Fake News Media and Trump enemies want me to stop using Social Media (110 million people). Only way for me to get the truth out!
@realDonaldTrump 3 hours ago
“Corporations have NEVER made as much money as they are making now.” Thank you Stuart Varney @foxandfriends Jobs are starting to roar,watch!
@realDonaldTrump 3 hours ago
Stock Market could hit all-time high (again) 22,000 today. Was 18,000 only 6 months ago on Election Day. Mainstream media seldom mentions!
More crap. Distractions, obfuscations. Garbage, all of it.
Nothing that has happened lately has shaken me from my belief that the stock market is a contrary indicator for the economy. A high stock market= bad economy. The logic is simple and obvious, and evident in the real world. Higher stock prices= rich people invest in paper “wealth”, instead of investing in the country, since paper “wealth” gives them a guaranteed return, as the stock market never goes down. The real economy then suffers. Money dries up, and the lower classes die of starvation. Inequality soars. Economic downfall ensues.
Prove me wrong.
Corporate profits are the enemy. A uniformly high rate of corporate profits indicates several things, none of them good: 1) large corporations are not being allowed to fail, even when they should be; 2) there is a lack of small business of activity, since small businesses aren’t the kind to rake in tons of profits; 3) corporations are not hiring, since “profits” here means take home pay for CEO’s; and 4) economic inequality is rising, since we all know by now that rich people only invest “profits” in themselves personally, and never the country, or anyone else.
Corporate profits are like the stock market. You will know that a recovery is in the works when they fall through the floor.
In a sound economy, corporate profits would be smaller, as companies would use their resources to hire people, increase wages, and invest in new products, ideas and machinery. Profits are the enemy of growth and success in a business. “Profits” here means CEO take home pay. And who the fuck besides Trump wants these people to get MORE money?
Fuck that.
This is why economic inequality keeps going up, in spite of how many records it continually breaks.
And Trump’s other tweet today about “fake news” is just more crap. I won’t even bother dissecting it.
All of this begs the question: at what point is there going to be some kind of effort on the part of our politicians to fix our problems? Or is this circus something we’re all going to have to suffer through in perpetuity?
Ugh, to all of it.