Monday, November 3, 2014

Tweedle Dee, or Tweedle Dum

Whichever side wins in the U.S. Tuesday, and of course it'll be the Republicans, the world will continue to turn, and with it, America. Both sides predict disastrous consequences should the other win, and both are wrong. The disasters are already here,; how much worse can they get? There is some difference between the two parties, but not much, not enough, and the differences that exist are greatly magnified by all concerned. Minimum wage will never be enough, whether it increases or not, the poor will always be among us, and the only question is; how poor and how numerous and how angry will they ever become? So far, so good, the bread crumbs have kept the peace, but who knows how long that'll last, or whether it will last at all. If we could only create vast new markets, by getting meaningful amounts of money into the hands of millions of poor people. Time for some demand side, trickle up economic policies! Instead, we seem to think that by increasing supply, or trying to lure the wealthy into doing so, demand will somehow magically manifest. But whence cometh the new consumers to make all these purchases, if not from among America's current non purchasers, non consumers?

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