In mathematics, a “point of inflection” is the point at which a function stops falling and starts growing or stops growing and starts falling. In the language of calculus, we say that a point of inflection is where the second derivative of the function transitions from positive to negative or vice versa.
The well-being of the common American hit an inflection point with the 1980 election of Ronald Reagan as president of the United States. After decades in growth following WW2, instantaneously, we had huge tax breaks for billionaires on the basis of “trickle-down economics,” i.e., the idea that rich people, if they were made even richer, would hire more people.
For some reason, this idea was widely accepted, certainly not by economists, but by the working class, who couldn’t put together the notion that no one hires people except when they’re hit by market forces.
Where do you get pizza? Do you think for a second that the owner of a pizzeria wants more employees to make and deliver your pizza than is absolutely required to keep his customers happy? No, and guess what. That applies to everyone, from the local mom-and-pop shop to the Fortune 500.
The Well-Being of Working Class Americans Hit a Downturn in 1980
Some people may be, but, to a person, the foreigners I’ve met are deeply saddened, and terrified of the consequences of the Trump regime.
Their feeling is simply that America re-elected a convicted felon, rapist, and traitor who attempted to overthrow the U.S. federal government. If we’re willing to do that, we’re capable of anything, regardless of how depraved.
I’ve never understood why those who compose total bullshit like this don’t go for the gusto. Why 95% and not 99% or 100%?
Trump’s actual approval rating among Republicans is somewhere between 75% and 80%, as can be easily verified by anyone on Earth with a cell phone or computer. That number continues to dwindle, as he faces more pressure regarding the war, gas prices, child rape, etc.
Obviously, the president’s supporters are suckers for his lies, but isn’t this a bit over the top?
I get a call every week or so from someone working for a start-up in oil exploration, hoping that I’ll invest. I guess my name and cell number got collected somehow from various online searches I’ve made.
I’m always quick to explain, “Oh, sorry, I don’t support wrecking the planet, even if I can profit from it. Neither should you. Bye now.”
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