Saturday, April 10, 2010
The Harm Done
Before I get on with the rant... yesterday was a big "Happy Birthday" on the farm. 75 chicks hatched out and are setting comfortably in the brooder... In case you were wondering, "Dad" and chicks are doing fine...
We expect to hatch out 500 to 600 chicks this summer
The data depends on who is doing the counting:
Retail sales have not increased. If they had, sales taxes would have increased. They have not, and are down, year over year.
Housing is not improving. In order to improve, demand needs to improve, and in order for demand to improve FINANCING has to be available (I mean, come on... how many people buy a home with no borrowed money?), and JOBS have to be available. Pretty simple really. Households are DEFORMING, non forming.
Consumer Debt continues to fall. In a fractional reserve banking system such as ours, a contraction in debt is incompatible with "growth".
So where is the U.S. equity market rally coming from? Good question. In short - Government Stimulus Money. All of the "growth" in "demand" in the U.S. economy for the past 12 months or so has come from the Government's stimulus. That is coming to an end (sort of. One could successfully argue that running $1 Trillion deficits is AWFULLY stimulating, and they would be right... in its absence TPTB would have lost everything (that would include me, so I should not complain) and we can't have that, can we?). Still, the extraordinary stimulus is coming to an end.
Ans the unintended consequences keep coming...
American society, led by those brilliant folks that brought you the California socialist miracle (ROFL!! LOLOLOLOL...HAHAHAHAHAHA.... HEHEHEHEHEHE!) and the Marriage/Divorce/Abortion Industrial Complex have now given you the disposable child! No need to go through the unpleasantness of abortion, ladies... or even pregnancy... if the child does not meet your specifications... just send them back!!! First it was that pesky husband... not to worry, we fixed him (PUN INTENDED) with our disgraceful divorce/family law. Responsibility? Accountability? Not for you, young lady! That was sooooooo 19th century! We can vote now! Don't want to cook? Of course not! That's beneath you! (Just get an illegal immigrant...) Don't want to care for your children? How very tedious! Get a nanny! If your husband complains, divorce him, and you too, can have an unearned annuity for life! Looking for a career, but don't want to be bothered with all those long hours and other sacrifices! We'll create a "glass ceiling". After all, its not you - its THEM!
Nothing... NOTHING! Comes without unintended consequences. Sorry, Gloria Steinem et al, you can't duck this. The unintended consequences of breeding hate, jealousy, and resentment do not release themselves in a positive way.... Way to go!
Posted by The Short Story Man at 5:28 AM