Monday, November 14, 2011

The problem

Poverty is at levels not seen in the United States for fifty years. A 35-year old man today makes less money than his father made at age 35. The Federal Reserve's attempts to print money to increase employment succeeds at increasing employment -- in China, since we don't make anything in America anymore.

Occupy Wall Street and the Tea Party are flip sides of the same coin -- the (correct) perception among many Americans today that things are wrong. The only real disagreement is what is wrong. And the core problem with both movements is that they both are wrong about why our economy -- and our society -- is so screwed up.

More on that when I'm not so darn tired (been working on Jeeps -- yes, plural -- all weekend long)...

-- Badtux the Hints Penguin

Posted by BadTux at 11/14/2011 12:01:00 AM
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3 comments:

  1. One Fly14/11/11 5:52 AM

    Yup - bring some more.

    ReplyDelete
  2. Steve Bates15/11/11 6:46 PM

    Sp you are a jeopard, tending your jeeps?

    More when you're able, please!

    ReplyDelete
  3. BadTux15/11/11 7:13 PM

    A jeopard, huh? The Jeep equivalent of a sheep herder? Heh! But yeah, one needs prepping for sale, the other needs prepping for an expedition into the back country. Definitely a pair of time sinks!

    Will try to do something shortly but there's a couple of one-offs I need to take care of...

    - Badtux the Busy Penguin

    ReplyDelete

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