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Tag Archives: Politics

United Nations. Sort of.

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President Trump spoke to the UN today. In all fairness, it could have been worse. And, in many ways, it was a re-iteration of what America has been saying for a long time – we have a big military and we intend to use it, but don’t ask us for money to keep the other operations going.

Yet it was bad enough in one singular sense – there is no place for globalism even as we realize larger threats to the entire planet at once. It was a summary of everything that he and his followers stand for in many ways. But what will it mean to the rest of the world?

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One Weak Show

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In other news, the US Senate failed to pass anything. This hardly seems like news given that they fail to get anything done nearly all the time. But the botched repeal of the Affordable Care Act (ACA), aka Obamacare, is a special new level of failure.

Normal procedures are completely gone. There is no committee report and there is no estimate from the Congressional Budget Office (CBO). Stuff is being whipped together in a few hours and thrown onto the floor.

The chaos is much more important than the bills themselves because it seems the Republican leadership, especially Sen McConnell (R-KY) must know better. That can only mean they aren’t even trying. So what, after all, are they doing?

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Frenzy

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Tired of the Trump-Russia stories yet? Well, they are only just beginning. Which is strange because much of the information coming out now could have come out a year ago, if anyone had bothered trying to dig. But the “liberal media” didn’t at the time and has only really started to get going.

If you’re tired of today’s press, you’re far from alone. The problem, however, isn’t bias but a severe case of “shiny object syndrome” where nothing is investigated unless it appears popular.

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Stands For Nuthin’

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Is the nation on the wrong track or the right track? Do you think that the political parties stand for something more than opposition to each other?

If you answered these questions with the most negative possible answer, you’re far from alone. Rasmussen has been polling the right/wrong track question for many years, and it’s headed back to the low 20% “right track”, net about -40, that it was at a year ago. The brief bump from Trump has worn off.

Even worse, a Washington Post / ABC poll shows that about 2/3 Americans think that the two major parties don’t actually stand for anything other than opposition to each other.

This is the reason why People’s Economics is necessary. It’s time to reboot everything – not just the people, but the fight that drives them.

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How Economics Fails

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Economics is nothing more nor less than the study of the primary way in which people connect with society and get on with their lives.

In everyday life, you may interact with a few people – family, colleagues, and friends. But through the process of eating and paying the mortgage you interact, at some distance, with hundreds more. Because this interaction is entirely through something called “money,” a way of keeping score, it’s very tempting to look at it entirely through numbers. The dizzying details of tens of millions of exchanges every day makes a top-view in bulk the most desired method of analyzing how things are going.

Yet this process has proven wrong over and over again. The failure of economics, particularly macro-economics, is the primary reason why the only true study of an economy has to be a People’s Economics.

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