Reflections On Trumplandia: America "Embodies Elements Of A Societal Disintegration"
By Tyler Durden
Reflections on Trump’s America
That which has been is that which will be, And that which has been done is that which will be done. So there is nothing new under the sun.
Perhaps it was inevitable that a man like Mr Trump would some day end up in the White House. Immodesty notwithstanding, he is intelligent, patriotic, and richly endowed with that American can do disposition. His election, at least within the context of financial markets both in America and elsewhere, has been greeted thus far with the exuberance and fervour reserved for the second coming of an industrial revolution. Yet, even as one ought to welcome Mr Trump’s businesslike ideas for a country that has veered further and further into an economic unknown, there is scant reason for the boundless euphoria of anticipated greatness—the subject of this brief essay.
To some folks, Mr Trump’s words and promise to “make America great again” resonated with those of the late President Reagan. On one hand, it seems that he understands what’s what. In a September interview with Reuters, he accused the Fed of having created a “false economy” (true) and “keeping the rates down so that everything else doesn’t go down” (also true). Responding to claims of alleged economic robustness, he said: “The only thing that is strong is the artificial stock market.” On the other hand, the grandiose economic policies and promises he has outlined demand a cheap dollar and even greater deficits and debt creation. His administration faces a federal debt of $20 trillion, unfunded liabilities of more than $100 trillion and 50% of a population dependent on (most, in fact, feel entitled to) some kind of government spending, which translates to the fact that much more credit/debt is a necessity and not an option. When Mr Reagan took office, circumstances were a lot different. Thus, the euphoria among financial and political pundits is unlikely to last long. The exuberance of the moment, no matter the soundness of expectations, may, for a while, give rise to higher share and dollar prices, but its consequences are trivial.
It’s hard to know what Mr Trump means with the words “Make America Great Again.” No one seems to have asked him. The first three words could well refer to some artificial conditions that merely generate confidence, enthusiasm—and retail sales. It is the again that holds the clues as to his understanding and motivation. If America was great, what was it that made it so? This isn’t a subject for short essays.
Most Americans over the age of fifty would concur with the description of America today by Strauss and Howe:
The America of today feels worse, in its fundamentals, than the one many of us remember from youth, a society presided over by those of supposedly lesser consciousness. Wherever we look … we see paths to a foreboding future. We yearn for civic character but satisfy ourselves with symbolic gestures and celebrity circuses. We perceive no greatness in our leaders, a new meanness in …read more
Source: Reflections On Trumplandia: America "Embodies Elements Of A Societal Disintegration"
100% Pure Garcinia Cambogia Extract – Appetite Suppressant – Carb Blocker Capsules – 2100 MG – 90 Caps
Looking for something special ? Find The Lowest Price HERE Posted December 17th, 2016 in Uncategorized.
