for the first time since the 1970s
we’re hitting the wall again with gasoline prices
sometimes independent voters that's all they need to see
and we wish 20% in the middle half the time they determined elections and it could be as simple as gas prices
like it drives me crazy
‘cause they don’t think about political philosophy
they don’t read misses
they don’t read anything
( well that’s just an exaggeration )
but they just don’t care about politics
but when they see the gas prices go up. it’s over for’em
that’s part of what happened in virginia and new jersey
at some point you do pay a price
but we haven’t paid a massive one yet
we are still growing, that’s the key.
we used to grow 4, then we used to grow 3
now we're growing 2, eventually grow 1
that’s something about boiling a frog in hot water
and that's what i worry about
is that we’ll eventually get to that point where we’re just boiled and we don’t care.
anyway…
just back on the trucks real quick
i don’t think the regulations are much different today than they were in 2019
i wouldn’t argue that they’re not being enforced
i wouldn't argue against the idea that truckers aren’t teed off about all this
but i do believe that one of the key reasons we have all these ships backed up is ‘cause we can’t handle all the money.
WE BORROWED $5 TRILLION
I MEAN, YOU CAN LOSE YOUR JOB ON NOVEMBER AND SPEND A FULL YEAR’S PAYCHECK IN DECEMBER ON YOUR CREDIT CARD
THAT'S WHAT WE DID.
we shut down the economy and we spent 20% more
4M fewer people working and 20% more on spending
that’s just impossible to me. but it happened.
and the thing i hate them most… i tell all the time
i hate being a Keynesian economist
‘cause that what we are doing these days
how many hundred billions is the GOVT spending?
how many a hundred billion did the FED print?
add ‘em up then it gives us 2,5% GDP
OMG . I HATE THIS
‘cause that’s not what grows ECONOMIES
ENTREPRENEURSHIP grows economics
INVENTIONS grows economies
NOT THE GOVT
but we’re in this place where GOVTs are causing all these things to happen
it’s time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers.
James Madison said, “We base all our experiments on the capacity of mankind for self-government.”
AMERICA NEW DESIGN
the top-down elitist politics that has dominated the US since the end of the COLD WAR
under Republican and Democratic administrations have failed
yes. we’re materially richer than in 1991 and our big-corps are more profitable
but we’re not united
we’re militarily and strategically weaker
we’re fiscally endangered and spiritually weakened
while material wealth has increased public trust in institutions has declined
we need to restore the constitution
i want to set the direction of this conversation
