our robust economy

OUR ROBUST ECONOMY

They used to say that 70% of the economy was consumerism.  I never really bought that, believing more along the line Kunstler suggested that suburban sprawl was most of the economy.  We saw that here when Las Vegas had an economy devoted to construction ( then, when that stopped, the rest of the state had to start paying a lot more taxes to bail them out.  Democracy is so groovy ). Since the 80’s, the economy has mostly been finance, as bankers took over from industrialists.  But the construction gave the illusion of growth as the housing bubble pushed the Ponzi scheme.

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There is still housing bubble prices, but a large segment of society got roped into renting.  At last bubbles prices.  And construction slowed way down.  Just as in mortgages, if the government wasn’t guaranteeing or stimulus spending, nothing was happening.  Companies are not hiring, building or innovating as much as they are buying back their own stock to boost quarterly bonuses, thank you very much interest rate drops and tax adjustments.  Well, you say, just start your own company but don’t attach it to suburban sprawl like the last group of mom and pops did.

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But what is the economy today, a decade after the housing crash?  It seems like the only thing left outside the stock market is military/medical spending, welfare and financing.  How many of you have a job at a corporation, a company that shouldn’t even be in business?  How many people do you know that only have a job because of Diversity Hiring ( that doesn’t mean Whitey didn’t get the job, it usually means it is a Fake Job created where the incompetent OtherGender/Color cannot do too much harm ).  How many folks do you know that get some government assistance?

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I’m not saying sprawl is over, or construction dead.  There are still plenty of people buying Starbucks, even if the chain can no longer expand.  I’m only speaking of a general trend towards less risk and more perceived safety.  How bad are things when Family Dollar is having a hard go of it ( the last crash, these were the darlings for performance, but now parent company Dollar Tree is regretting the purchase, I’m sure.  Oh, and Dollar General?  Zombie )?  I’m sure a lot of that is Wal-Mart pulling their head out of their ass and lowering their prices, but it is still indicative.

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And, if you think it is indicative of Trump Times being so wonderful that nobody NEEDS to go to discount stores, I would strongly advise you to get out of your coastal BlueCity enclave and look around a little more closely.  Does nobody remember Trump warming of a “big fat bubble”?  Okay, neither do I.  I actually just watch the video clip all the time at Truth Never Told.  The Donald was blaming the Fed for keeping interest rates at zero through Obammy’s tenure, playing politics.  He warned when those rose, the economy crashed.

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Which was almost our collective Christmas present last year.  I’m sure you recall that one.  Okay, let’s go over the process again.  Empire sucks wealth from the colonies to enrich itself.  When the treasure falters, so does the fortune of the empire.  We are at the point now where the colonies are withdrawing funding.  And since it IS all about the hookers and blow, in turn the elite areas start drawing all the wealth from our own countryside.  That means Red suburbs and fly over Deplorable Land lose wealth.  Just as Vegas sucks in the states wealth, water and soul ( to replace construction spending ). 

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Those booming Fracking Fuel areas?  How are they being financed?  Almost every company, if not all, lose money.  That is just money creation propping them up ( I don’t believe it is mostly investors, as is assumed, but back door bankster activity.  A third of daily oil use is too important to propping up the economy to chance to the whim of failing pension funds.  Remember, only energy is truly economic activity.  Money creation alone is insufficient.  Money creation to create energy is actually going to work.  Until the energy runs out ).

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The medical industry is similar.  There is no way that the unemployed and the Less Hourly can pay 20% of GDP to the medical industry.  The government throws a lot of money that way ( from borrowing, not so much taxes ), and overpays Social Security as another prop ( how many seniors need to raid the SS to supplement the Medicare? ).  In addition, the insurance companies who are the humpwits who got the ObammyCare passed, are making a huge butt ton of money, but they also return a portion to keep the scam going.  But it IS corporate welfare on a huge scale, ultimately.

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Do you think the War On Terror in Afghanistan is about war on terror?  Perhaps we actually didn’t learn that an air force cannot defeat guerrillas.  I don’t know.  Officers as a class are pretty humping retarded.  But even they, properly motivated by losing their hooker and blow fund, can accidentally stumble onto the correct strategic answer once and again.  No, I think the war of terror is JUST economic stimulus.  Nothing more.  Not “enriching the military industrial complex”, because that assumes that funding ever stopped.  The war continues to combat poverty at home, not terrorists abroad.

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Almost everywhere you look, it all boils down to the elite and their 9% lapdogs creating money and then distributing it to the 90% underclass, to maintain peace.  Then promptly hoovering back in most of it to their walled communities.  Smoke and mirrors, NOT so much a functioning economy anymore.  I’m not complaining.  It is better than a sharp poke in the eye, any time.  Without this Great Game, we all would be in a world of hurt.  But, certainly, you do not expect it to last indefinitely?  I don’t. 

( .Y. )

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