Saturday, April 4, 2015

It's on purpose - today's edition

By now, there's a good chance you've heard about yesterday's lame jobs report, and the record number of people (93 million) who have given up looking for work.

It's time to get real about why there's been no serious rebound:

Year after year, the economy fails to perform as expected. Year after, year, excuses are found. The Associated Press acknowledges that growth has been persistently inadequate:
Some of the first quarter’s slowdown is no doubt due to an especially harsh winter. Yet nearly six years into the recovery from the Great Recession, the economy’s muddled progress seems inescapable. A long-awaited breakout remains elusive, suggesting that the economy’s direction has never been quite as simple as some analysts, politicians and bar stool philosophers would have it.
The AP offers a number of explanations for the economy’s poor performance: weather, the strong dollar, fluctuations in the price of oil, a lack of wage growth–this is an effect, not a cause–and the robotization of the economy.
Perhaps when all such excuses have been tried and found wanting, reporters and pundits will be forced to admit that among all the vicissitudes of the last six years, the consistent element has been liberal policies. Those liberal policies–extravagant government spending, steadily mounting debt, endless regulations, cronyism and the suppression of innovation, promotion of expensive energy, war on cheap electricity, and all the rest–have condemned a generation of Americans to limited opportunities for employment, promotion and the acquisition of wealth.

By and large, the overlords don't want the cattle-masses getting too innovative or ambitious.  You know, thinking for themselves, starting and growing businesses.

A nice, mediocre baseline around which most of them hover.  That's the Freedom-Hater vision.  Glorious, isn't it?

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