Good morning! Here we thought yesterday that stocks were about to crash and then they end up w/ a tidy little advance in rising volume. It's not that we don't know anything, in fact we just learned that the markets are becoming flaky. Meanwhile metals are strong w/ silver now at highs ($16.10) not seen since June last year.
Yuge pile of econ stats coming out today:
7:00 AM MBA Mortgage Index
8:30 AM Core PPI
8:30 AM PPI
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
8:30 AM Core PPI
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
10:00 AM Business Inventories
10:30 AM Crude Inventories
2:00 PM Fed's Beige Book
--and our pundits have been busy too...
Divorce Can Push Retirees Into the Red - Rodney Brooks, Washington Post
The Dignity of Free Trade - Donald Boudreaux, Pittsburgh Tribune-Review
This Billionaire Just Bulldozed Jersey Tax Base - Chris Matthews, Fortune
As Tax Day Approaches, We Can Do Better - Alex Brill, RealClearMarkets
Panama Exposes Shell Companies Right In U.S. - Shima Baughman, TNR
Panama Papers' Russian Mob Connection - Michael Weiss, The Daily Beast
This Problem Could Push Much of U.S. Into Bankruptcy - Editorial, IBD
The Dire State of Global Economy In Six Charts - Szu Ping Chan, Telegraph
In the original definition, you were “working class” if you worked for somebody else for a paycheck.
You were middle-class if you were something like a doctor, lawyer, small business owner — somebody who didn’t have a boss, only customers and clients. The middle class sat between the working class and the upper class — the landed gentry, the aristocracy.
When NR talks with contempt about the working class, they are really talking about most of us.
No, the reason the story is about the “white” working class is that Kevin Williamson wrote a very pointed article in NR a couple of weeks ago about the white underclass, which is just as dysfunctional, though somewhat less violent, than the black underclass. A number of people took offense. Many of the offended, of course, had not read or carefully considered the piece; they were just offended that Williamson had dared to hold dysfunctional people responsible for their own pathologies. There have been several follow-on pieces in NR addressing the controversy.
More BS from NR telling working class whites to sit down and shut up as if we’re completely unaware of what’s going on in this country.
I’m still trying to figure out when this golden age of the white working class was. If it happened, it didn’t affect my family. In the 1950’s, my blue collar dad had to borrow from his father in law (my grandfather) to pay the bills.
So he started a part-time business, while keeping his blue collar job. After a few years of working a full-time job, and a part-time business, we were able to afford a second car.
Was it the 1930’s? get real, the 40’s? uh huh.
Maybe it was the 1960’s. My mom went to work so that we could afford to go to college under the myth that it would help us to escape from the working class.
The 1970’s? stagflation? energy crises.
Ah, those were the days.
Exactly. The economic and political destruction of America are irreversible, because they are merely symptoms of a profound and accelerating spiritual decline. Anyone who points out what God has expressly said to be “abominations” — divorce, infanticide, homosexuality which this country eagerly embraces— is viewed as a misguided religious nut, at best. God said he will always bring consequences to cultures that reach our stage of “progress”: even more sin and disillusionment, poverty, violence within, wars without, disease, hunger... the US is not immune, and no politician is going to turn it around.
What bother’s me is they describe this “golden age” of the working class as working in the mills, foundries, factories, etc. and then the jobs move to China.
What they fail to fill-in is the ‘why’ those jobs moved to China.
Union wages and demands, EPA, Taxes, and toss in there OSHA, Worker’s Compensation...all those things that describe this wonderful ‘age’ in America was ruined by socialist type policies.
I HATE YOUR GUTS NATIONAL REVIEW, you vile, sneaking treacherous JUDASES. You’re the ones who can’t survive cold pizza, David French. You helpless useless twink. Condescending ersatz aristo. You pathetic, pointless snowflake. A pox on you, your house, your spouse and the cow you rode in on!!!
Yes, and the “conservative” elite is throwing them under the bus on both counts.
I’m afraid the days of “Reagan Coalition” voting are over.
White culture and norms are the only cultures and norms that are being actively attacked, shredded and eviscerated, as a stated policy of our overlords.
Not hyperbole: once white people are politically, culturally, and economically removed from the scene in America Western Civilization with all it’s benefits will cease to exist.