No kidding...
And no real surprise over here...
The first six months of the Trump administration have not been kind to the experts and the degree-holding classes.
Almost daily during the tariff hysterias of March, we were told by university economists and most of the PhDs employed in investment and finance that the U.S. was headed toward a downward, if not recessionary, spiral.
Most economists lectured that trade deficits did not really matter. Or they insisted that the cures to reduce them were worse than the $1.1 trillion deficit itself.
They reminded us that free, rather than fair, trade alone ensured prosperity.
So, the result of Trump's foolhardy tariff talk would be an impending recession. America would soon suffer rising joblessness, inflation--or rather a return to stagflation--and likely little, if any, increase in tariff revenue as trade volume declined.
Instead, recent data show increases in tariff revenue. Personal real income and savings were up. Job creation exceeded prognoses. There was no surge in inflation. The supposedly "crashed" stock market reached historic highs.
Full article, HERE from PJ Media.
This falls right in line with the loss of trust in the main stream media, and most of the politicians.
Personally, I think a LOT of this relates directly back to the whole WuFlu debacle. From the 'experts' who had no real idea of what to do, to those who suppressed data, to the power hungry who closed schools, businesses, etc. on the 'whims' of the elites, ad infinitum.
For many of us 'peons' it seemed that common sense solutions were immediately tossed to the winds, and we saw many instances of 'not invented here' syndrome. All of this caused many of us to do the cocked head look and go away mumbling to ourselves.
And I don't think it's getting any better...
Your thoughts?
We need to return to State's Rights.
We need to fire 80 percent of the federal government and shut down most of the federal agencies.
We need a supreme court that declares unconstitutional laws and regulations, unconstitutional.
I don't think that the credentialed class is down for the count just yet. The latest test is going to be what happens over the next nine months or so.
My liberal friends and acquaintances are convinced that people will be dying in the streets, crops will rot in the fields, jobs will evaporate, and the little old lady down the street will have her door broken down by ICE and dragged to Alligator Alcatraz. Because the experts and CNN tells them so.
When none of that happens, I'd like to think that the scales will fall from their eyes. It won't be everyone by any stretch. But I hope that it's enough to give Trump veto and fillabuster proof majorities in the midterms.
Because, I think that it's going to take a generation to fix the damage assuming that common sense can keep getting reelected. And the American people are willing to accept a little pain with progress.