Wednesday, August 26, 2020

RNC night two makes Democrats' path clear: Focus on unnecessary COVID-19 deaths

RNC night two makes Democrats' path clear: Focus on unnecessary COVID-19 deaths 

Like Monday, the bloviations of the forgettable deplorables is so far below the fold, most Republicans are not even paying attention. Hunter Biden funding is prior drug habit by making money on a board is old news. This is all inside baseball GOP baseball. 

The mention of Bibles being held is God showing She has a sense of humor.  On Trump's big night, Miguel Almagaer and Jim Cantori will be on the Gulf Coast for a date with Laura. I would ask why Trump is such a victim of Karma, but the reality is that Mother Nature sent the hurricane, not Shekinah (Holy be Her name).

The pre-SARS economy post tax bill was actually 1% below the trend that Obama generated. Money that was going from the savings sector to government spending and second order household spending was shifted back into savings. There was no sugar high at all. Growth that had been 3% prior to the signature Trump tax bill went to 2%. Economic effects take a year to come to the surface. The tax policy of 2018 (the tax giveaway) had its effects in 2019. 2020 busted the curve. 

Explaining all of this to the public is probably impossible - and the financial media sticks to the theory that there are two sides to every story, so they give credibility to the right-wing part (which is utter nonsense but seems to have MSW in its thrall too). Read Setting (and Squaring) Accounts, which was just released if you want the truth.

This recession is a engineered and is working as designed. People need money to pay landlords, like Steve Mnuchin, the rent they owe. They will get it because landlords want it. The question is how much cash to throw on the idle parts of the economy during a shutdown. Money that cannot be traded for labor is simply inflation. That most of the population has passed the danger zone on COVID spread (regardless of maskes) will not prevent another shutdown. 

Not understanding the virus is a CDC error that has nothing to do with Trump. The media is going with the wrong meme (like it does on taxes). Don't let facts get in the way of a juicy news story. 

Trump's affect is the reason people are turned off. The joke is no longer funny anymore. The media should focus on Pence leaving an obvious incompetent in office. That should be the news of the day (and what Biden should be talking about).

No comments:

Post a Comment