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"One should either write ruthlessly what one believes to be the truth, or else shut up."

Arthur Koestler 

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Wednesday
Nov142018

America is Running Like A Maniac

Things seem to be going well, at least that is what Trump is telling us. Before his election, (one has to wonder if he actually expected to be elected), he said the obvious truth that the numbers are fixed in order to hide that fact that things are not going well. Since he is now "in charge," he is singing a different tune. 

There has not been as much economic expansion as the numbers indicate. Inflation is not 2 or 3 percent, it is higher. The books are being cooked. I do not think that the very high estimates you read in the alternative economic press of inflation at 7 or 8 percent are right either, they seem too high. Trump understands this, as a real estate guy he lives by the numbers. But now that it is in his own interest not to point it out he won't. He is a recent politician, but he is still a politician. 

It is like the average person is stuck in a scene  from Alice In Wonderland. So says the Red Queen: 

“Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!"


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