Common Sense Political Economics

"If you laid all of the (PhD) economists end to end, to tell you which way to go, they would look like the spokes of a wheel."

Harry Truman

Monthly Archives: July 2015

In thinking about this phenomenon, I could not help but notice the similarity between what Trump is saying and what Hitler said.
Trump says “I will make the country great again”.
That is basically what Hitler told the Germans.

In other words, it is really not so much what Trump says, that makes him popular, as it is a hunger in the land that feeds on it. If Trump said the kinds of things he is now saying back when the economy was good, people wouldn’t give him the “time of day”. They would laugh him off of the stage.
What do I mean?

See the similarities: Germany was suffering under a long term economic recession (just like we are) and the Germans were sick and tired of it (just like we are). So when a bombastic little man came along promising to make Germany “great again”, the people were so hungry for that message that they embraced Hitler. They did not stop to think too much about whether Hitler was sane, or whether he made sense. They were desperate for strong leadership of any kind. Trump is bombastic too, and promising strong leadership and we are desperate for strong leadership as well.

A member of my family has been apolitical all his life. He is in his late 30’s and has never wanted to discuss politics. But he just shocked me recently by saying that he is going to support Trump. I asked why. He said because Trump speaks his mind and is not wishy-washy like all of the other politicians. That is true, and it was also true for Hitler.

Hitler was a megalomaniac and so is Trump.

Lots of similarities, don’t you think?

Jeb Bush recently said “My aspiration for the country, and I believe we can achieve it, is 4 percent growth as far as the eye can see. Which means we have to be a lot more productive; workforce participation has to rise from its all-time modern lows. It means that people need to work longer hours and, through their productivity, gain more income for their families. That’s the only way we’re going to get out of this rut that we’re in.”

What an idiot! He, his brother W, and his father HW and his grandfather never worked a day in their lives. All they know how to do is sit back and make money off of their money.

1st.) His brother CAUSED the financial rut to which he refers.

2nd.)American productivity is already among the highest in the world.

3rd.) Our workers have not had a raise in 30 years (adjusted for inflation).

4th..) The real unemployment rate is about 11% if you include all of the folks who have just given up trying to find a job because the job market is so bad as well as include the people with a college degree but who are working at Starbucks as a clerk because they can’t find a good job.

5th.) The best way to improve overall productivity is to get those 11% employed, doing useful meaningful work. And that is easy.  All we have to do is start funding the rebuilding of infrastructure  and start building the new “green energy infrastructure”.  These two things could put everybody to work. This of course is something Jeb and the Republicans in congress are against.

5th.) Because workers have not had a raise in 30 years and the federal min. wage is still under $8.00/hr, many poor people are working at 2 or even 3 minimum wage jobs just to survive.

The following is a true story:

On Aug. 28th. of 2014, Maria Fernandez 32, of Newark, NJ. was working at four minimum wage jobs trying desperately to make “ends meet”. She was so tired all the time that she would often pull off of the road enroute to her next job to take a nap. She also kept a can of gasoline in her car so as not to run out and be late to work. On this night, she left the engine running while she napped and died because the gasoline leaked out of the can. (please note Mr. Trump, she is Hispanic.)

It makes my blood boil when I hear aristocratic idiots like Jeb bush say that our workers just need to work harder.

The Star-Ledger (New Jersey) notes that Fernandez was one of tens of thousands of New Jersey workers employed at multiple jobs.

‘These are folks who would like to work full-time but they can’t find jobs,’ Carl Van Horn, director of John J. Heldrich Center for Workforce Development at Rutgers University, told reporters. ‘They wind up in these circumstances in which they are exhausted. More commonly it creates just an enormous amount of stress.’

At least 7.5 million people nationwide are working multiple jobs, according to the federal Bureau of Labor Statistics.

For those who lost their jobs in the recession of 2008, many now working multiple positions still make less than their full-time wages and with little or no benefits.

‘The average person who lost their job took a 10 per cent pay cut, (after returning to the workforce),’ Van Horn said.

Wake up Jeb.  Your saying the same things that Romney said and you know what happened to him.

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