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Tuesday, March 21, 2023

The fading and somber American dread!

Take a look at this.

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We don't usually put charts in our daily comments. If we're going to make mistakes, we prefer to make them with words.  

But this chart is just more graphic evidence of how the future has been hi-jacked.  The average American today can expect to be poorer than his parents. For the first time in our lives, yesterday really was better than tomorrow.

The disappointment is even more remarkable when you consider the context. Never before has tomorrow had so much to work with – so many people with college degrees, so much capital – trillions of it – sloshing around Wall Street, so many inventions, innovations, and technical breakthroughs…and over all of it, a class of elite deciders, enlightened by Keynesian economics and protected from 'misinformation' by The New York Times and federal censors.

So many forward gears…and still going backward!


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