Reality Check

| June 10, 2020

AOC’s brilliant plan to eliminate fossil fuels is not getting a good reception in the working classes. However, Biden appears to be floating over in that direction while voters are slowly oozing away from him, in the opposite direction.  In fact, people who would normally vote Democrat appear to be moving to the right-hand side of the political fence, for good reasons: without the products coming out of an oil-based economic landscape, jobs will likely become scarce.   https://www.insidesources.com/climate-extremism-is-dividing-democrats/

Now why would I say “oil-based”? Everything that you take for granted as being available requires production of some kind, usually in a factory or on a farm, which requires a fuel source of some kind to function, and transportation to get it to market, which also requires fuel to get the products to market.  The use of petroleum could be somewhat reduced if the anti-nukes crowd weren’t so wigged out about how horrible even a small reactor is, unless it’s out of their sight. They must think that electric power falls from the sky – and, well, maybe it does, if it’s lightning or if it’s solar-based. But the detritus of broken and worn-out parts for solar farms and wind farms cannot be recycled. They end up in dumps, and take forever to break down, and they are huge contributors to soil pollution.

Right now, we’re in a nearly jobless economic environment. 2.5 million people went back to work a short while ago, but it’s a drop in a bucket compared to those other 36++ millions whose jobs have disappeared forever, or who have yet to be recalled to the labor force.  Some jobs may be gone forever. Scarce jobs mean low wages and lower tax revenues, and more people on unemployment.

It won’t matter to those in the so-called “elite classes”, because they think they’re up above it all while the rest of us are down here groveling in the dirt. They forget: we cough up the tax money, in every possible way from income taxes to sales taxes, that goes into their paychecks. They owe us.

And that is behind this statement:  “Prioritizing the opinions of elites over the working class is beginning to tear apart the Democrat party, as lifelong Democrats are moving toward President Trump and his support for cheap energy and American jobs.

With the economy struggling and 36 million or more Americans filing for unemployment because of the coronavirus, liberals are recklessly advocating policies plunging the economy into a deeper tailspin. For example, the Green New Deal (GND), which Biden calls a “crucial framework,” increases expenses by tens of thousands annually **for an average American family.” – article

**The pdf document is above and also at this link:   https://cei.org/sites/default/files/Daniel%20Turner%20and%20Kent%20Lassman%20-%20What%20the%20Green%20New%20Deal%20Could%20Cost%20a%20Typical%20Household.pdf

As I said yesterday, while all of you spent your time in useless bitching about Democrats while ignoring the actual subject of the post, this recession is NOT over yet. There is more of it ahead.

Period.

You’d better let that sink in.

Per those financial analysts who, in 2018, predicted a 2020 recession, this one isn’t over yet and will continue into next year and beyond, into 2022, no matter who is in the Oval Office. In fact, if you had read what I posted, you’d know that the forecast now is a continuing recession that will eventually equal the Great Depression and will last into 2023.

Let me repeat that: No matter who is in the Oval Office, the recession will continue into next year, and further to 2022 and will last until some time in 2023. 

 

Category: COVID-19, Economy, Global Warming, Taxes

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Veritas Omnia Vincit

Don’t worry about Biden, he’s going to court the AOC crowd because he can’t win without them. Once they vote for him they will no longer matter, no different than any other time the corporate Democrats have courted the AOC/Leftist crowd.

The DNC and Democratic party in general are in no danger of adopting any actual leftist/progressive policies anytime soon.

The Green New Deal is lip service to seduce the AOC party wing…

When it fails to produce the desired results in November the DNC centrists will use it crush the AOC wing.

That will be an interesting moment in time.

No one missed your point yesterday or today. Some of us have serious money invested in this nation and a recession makes that money at risk so we are well aware of our current and future options.

Just Lurkin

VoV-I think you may be entirely too sanguine about the future of the Democrats. The audio of the Chicago city council meeting just released is probably a better indicator of where that party is headed. Steve Sailer describes them as a “coalition of the fringes” and he often notes how difficult it is to hold that coalition together. The leaked audio of Mayor Lightfoot and the Alderman cursing one another over how to proceed regarding the unrest there illustrates this point. It may be that the centrists within the party can no longer hold their coalition together.

Veritas Omnia Vincit

NHSparky yesterday observed that Democrats can’t win without the progressives, but can’t win if they run a progressive.

You are right something is happening at some near future point. It might be the time we see the Democrats devolve and form into something else.

The interesting thing about Democrats is the Vote Blue No Matter Who crowd. It doesn’t matter who the Democrats run that group always votes Democratic. The left edge/fringe/socialist wing of the party has a more narrow focus and stayed home in 2016 once Bernie was out. That cost Democrats dearly in 2016 as the polls failed to predict that outcome.

Here again in 2020 the Democrats are desperately trying to court the edge of the party again after once more denouncing Sanders and running a status quo turd of a candidate.

That election might be close speaks more to the relative dislike of Trump than the love of Biden. Then again, if that edge group stays home Biden might be blown out of this election as well…which will then have an interesting market effect to EXPH-2s point about the recession. Will the market respond favorably to more Trump or will it be concerned about his volatility and take a dive?

5th/77th FA

If I could just invest my money in cotton candy futures made from unicorn farts, I’d be in good shape. ‘Specially of Joe picked AOC types to ruin err err run his economy for him. The methane gas removed from the unicorn farts will go a long way in producing sustainable energy. I could sell the cotton candy at the three ring circus that the dims will make of our economy.

Now if I could just figure out what unicorns like to eat that will make them fart more.

5th/77th FA

THAT is what worries me too, Mi’Lady. If we gonna defund an grubmint entity, why not defund kongress kritters? Adding more to the federal debt, IMO, didn’t do a whole lot for the overall economy. The pure waste in those bills were atrocious and, again IMO, were a vote buying scheme that didn’t help the WORKING people that it should have. My Baby Sister, a working widow woman, has yet to receive anything and was classified as “essential” because she works for a car dealership…in the back office. If she ever sees the 1200 it’ll be a miracle. Kongress gave themselves, what, a thousands of dollars a month raise in that FIRST bill? TERM LIMITS FOR KONGRESS KRITTERS!

Keep the recipes a’coming, we used several of them this past weekend. I always forward the linkys to Family and Friends. The Grandson (15) is a picky picky eater but his Baby Sister (11) got her Mama and Grand Papa’s appetite. She helped by making two (2) pecan pies for the eatings. Went real well with the vanilla bean ice cream.

26Limabeans

Moose permit drawing is this Saturday. That’s a whole lot
of food right there and I haven’t been drawn since 2013.
This would be an excellent year to fill the freezer.
My hunting buddy is in it also and we name each other as
the sub-permitee so we are due….again.

Food..it’s right there behind that stump down in the swamp.

Fyrfighter

Wish we had that sort of arrangement here in Colorado, but no dice, only you are allowed to shoot your tag..

Amateur Historian

Only thing I know is that I’ve been holding on by my teeth since the start of this recession. I just recently got my full hours back. So, yeah, not voting for a guy who advocates for putting me out of work permanently.