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Most commenters on this meme report that “it’s already in full swing.”

And, though it appears at first blush that the appeal of this conspiracy theory starts and ends with the completely uneducated, that’s not true; an old college friend liked this post on social media.

If I were a supporter of the idea, I’d challenge my belief with, what would be for me, the nagging truths surrounding the “destruction of the American economy.” I’d wonder about the growth in GDP, the job market, corporate earnings and thus the all-time records in the stock market.  I’d consider inflation numbers, and public spending that has already provided real value for the common American.  If I were super-rich and selfish, I’d be thrilled that 99% of new wealth entering U.S. society since 1980 has gone to the richest 1%.

In short perhaps, I’d want to examine the evidence.

In the olden days, we used to evaluate the legitimacy of an arguments premises before trying to draw conclusions.  Perhaps it’s our loss of our capacity to think rationally that’s been our undoing as a nation.

The Plan to Destroy the American Economy

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Jan 6

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Can’t swear that this is true but hoping so.

We must never forget.

The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.

Jan 6

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California

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It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida.  When I come across people who say this, I wonder: have you ever actually been to California?

Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000?  Why do you think that could possibly be?  Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?

Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.

Something for the MAGA crowd to consider.

California

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Who or What Creates Wealth?

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The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.

Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.

A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.

Who or What Creates Wealth?

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