Friends, the mainstream media would have you believe -- pretty much all the time, albeit for various and sundry reasons -- that the sky is falling and Depression 2.0 is here!!! Their latest cause for anxiety is the government shutdown, which has lasted almost 24 hours, as I write this, and not a single world has come to an end. Hundreds of thousands of federal employees may get the axe, but, if they do, you probably won't notice, because few of them do anything resembling work. Okay, yes, there are mild inconveniences that start to pile up, if a shutdown becomes protracted, but there may also be benefits, as the federal government gets off our collective back. Bottom line: the markets, which generally demonstrate a lot more wisdom than politicians and reporters, tend to be unimpressed by, and unconcerned about, government shutdowns. Today all the major indices went up, not down. So, if you were to ask whether I'm worried, I would say: heck no! When the dust settles, and some backroom deal ends this fiscal standoff, my guess is that the economic fallout will be minimal, and virtually no one will have had his mind changed about Trump, Republicans, Democrats, or anything else. Meanwhile, enjoy the queasy looks on the faces of Beltway bureaucrats. Anything that gives them angst can't be all bad!
https://www.bbc.com/news/articles/c8xrwdny8p1o
Dr. Waddy from Jack: How very tired America must be of NY and its outsized influence. Many think that Schumer's present intransigence comes from fear of AOC besting him in a primary next year. Apparently his having heretically (even though imperiously reluctantly)cooperated with the dark side in the most recent previous of these shutdown confrontations has made him a candidate for "examination" by the far left Inquisition; he has been shown the dread " instruments of righteous torment" and must needs relent. Its a measure of the extent to which the dem party has been shamefully usurped by the far left that Schumer himself should find himself on the snide with the ruling Central Committee. Anyway, who cares otherwise about NY and its onerous contributions to our national legislature (including Speaker hopeful Jeffries)."Why don't they just secede and drift out to sea; nobody would miss them!"
ReplyDeleteSo Schumer may hope thereby to bolster his gallant far left bonafides and cling to his ancient sinecure. Of course there is the issue of the undoubtable intent of dems to succor illegal immigrants with tax payer funded benefits aplenty so that they (if they manage to stay) . . . well, support the far left subjected dems in taking America down the always catastrophic socialist "path". Oh they have been denying this with their customary amoral disingenuousness. Fox aired a debate among a rainbow of possible dem Presidential candidates in 2019; every last one of them signaled "yes" to whether or not they would act to have taxpayers pay for medical insurance for illegal immigrants. And no dems, we are not speaking of emergency care; such denial would be beneath any civilized society. Can it be that dem thought has experienced a miraculous comprehensive transformation on this issue since 2019? I would doubt that , given the anarchic demonstrations we experience now of the far left's determination to assure that illegal immigrants be awarded permanent tenure., WITH BENEFITS!And since that far left commands the dem party, we can reasonably assume that this is dem party policy, including harried Schumer and other dem Senators who nonetheless express characteristic scorn for any suggestion of doubt for their disclaimers of such lawless intent.
The dems still think they can flim flam us with ersatz patriotic intent. Rot! DJT is a canny street player who sees that for the humbug it is and doesn't hesitate to get square in its face! And in doing so he "says what we want to say".
Dr. Waddy from Jack: The major indices are credited by the Dems only they indicate economic conditions the far left desires.Right now it would like to see another good long "D" pression so as to boost its now disheartening prospects.
ReplyDeleteBut gee, that despised capitalist organ of oppression, the Dow Jones, just will not cooperate. So its just not there, get it? And the other equally insolent measurements are also not declaring catastrophe in this so very "regretfully "caused "Schumer shutdown". So they don't exist, yes? Dem thinking: Its easy once you get the hang of it. "Heads we win, tails you lose."
Dr. Waddy from Jack: Long live Alfred E. Neuman!
ReplyDelete