Why Trump Nailed It

(Washington, DC. Our Capital of This Great Nation, 2016)

Trump is a long-shot, but IMHO here's a top 20 why I believe he is nailing it:

1. I'm with you vs. I'm with her.

2. I will be a voice for you and will fight for you vs. I really want this so bad for me. 

3. I will re establish law and order vs. I am above the law.

4. I will appropriately name the enemy, stamp out ISIS, and do it fast vs. I won't even say the word radical Islamists, ISIS is the "JV team," and absolutely "no boots on the ground." 

4. We will secure America from terrorism vs. it's just some more "workplace violence" and "what's the difference at this point," anyway.

5. We have a ballooning $19 trillion national debt and $900 billion trade deficit vs. the economy is doing just dandy (for now). 

6. I will tell you the truth vs. I will hide the truth and lie, but profoundly claim transparency. 

7. I will hire and recognize the best and brightest vs. I will hire and promote my friends and cronies.

8. I will invest in jobs, education, and infrastructure vs. I will invest in pork-barrel politics and lobbyist-controlled agendas. 

9. Fairness and equality for everyone vs. I'll pick and choose and you know who you are (at least until after the election).

10. We're going back to space, discovery, and innovation vs. we are canceling the shuttle program and riding on Russian rockets. 

11. We will bring manufacturing and jobs back to America vs. we will continue to send them, by the millions, overseas.

12. We will get a good deal for America vs. we will get a personal sham legacy.

13. We will be true to our friends and allies vs. we will embrace bitter "Death to America" enemies.

14. Over half the executives in my company are women and get paid equally to men vs. vote for me because I'm a women.

15. I build amazing city skylines vs. I destroy entire regions around the globe.

16. I am the son of a great builder and am a successful family and business man vs. I am the former First Lady of the 2nd impeached president of the United States. 

17. I work and earn my money vs. I take donations for my foundation and oversized speaking fees for myself.  

18. I am a political outsider in a system that Bernie Sanders himself admitted is rigged vs. I am the system and adept at doing the rigging. 

19. I will lead and make America great and respected again vs. I will lead from behind, with a policy of disengagement, withdrawal, and appeasement, and dishonoring this great nation. 

20. I and our children are the future vs. I am from the past and will bring more of it to you.

In latest polls from 13 July, 73% of Americans are unhappy and dissatisfied with the direction this nation is heading in!

But there is sunshine lighting up the lies of the last years. 

I have hope again for this amazing country. 

Greatness, freedom, human rights, fairness, equality, security, and prosperity. 

Oh and BTW...Ivanka is a total star on the Trump team!

(These are strictly my personal views and do not represent those or any organization.)

(Source Photo: Andy Blumenthal)

Why Trump Nailed It

How's Things Looking 4 Months Before The Election

Let's see how are we doing in the last 4 days just 4 months shy of the next election for President of the United States Of America:

- Thursday night...another major terrorist attack in Nice, France left 84 dead and 204 wounded. Terrorism is now so deadly and commonplace that graphic on Facebook shows 4-step cycle of terror attack, pray for x, put up flag profile on Facebook to show unity, and return to state of stupor and await next ISIS rampage. 

- Friday night...another major Arab country in turmoil with a unforeseen coup attempt in Turkey leaving 290 dead and another 1,400 wounded and now 6,000 arrested in a "purge." Arab Spring has turned into one ongoing murderous chaos in the Middle East, North Africa, and Asia with Syria and Libya still in civil war, Iraq and Afghanistan fending off ISIS in it's cities and the annual Taliban Summer offensive respectively, and a succession of coups in Egypt 2013 and Yemen 2015. 

- Sunday morning...another breakdown of law and order with 3 more murdered police officers in Baton Rouge, LA following up on 5 cops shot dead a little more than a week prior in Dallas, TX. Friday was supposed to be a Day of Rage across major cities in the U.S. with warnings for people to stay away and seek safety in what's being seen as a significantly worsening racial divide in a country that has until recent history prided itself on being a successful "melting pot" and driven to equality. 

As anyone who follows the news knows, this is only the tip of the iceberg, and despite vigorous attempts by some to put rose-colored glasses on everything and try to create a forced-air of stability and calm...the truth of the disharmony and discord is loud and getting louder. 

From Brexit to Zika to millions of refugees running for the exits, from Bill Clinton meeting with the Attorney General right before Hillary's non-indictment, from our exploding national debt and to long foretold bankruptcy of the triad of our social entitlement system, from Russian and Chinese militaristic resurgence in Georgia, Ukraine, the Baltic States, and the South China Sea, respectively, from Iranian and North Korean nuke-capable missile launches, things are getting quite out of control and just 4 months from the election...and the truth is making it to the surface despite all attempts to silence Freedom. 

(Source Photo: Andy Blumenthal)

How's Things Looking 4 Months Before The Election

The Bully Pulpit

So I took this photo in the Renwick Gallery.

I believe it is called, "Apocalypse."

And the miserable misanthrope evil-doers are riding in on their fiery mule to lie, murder, and destroy.

Perhaps what's not so bad in-and-of itself is to have to face many of life's challenges and work hard to overcome them.

But what is unconscionable these-days is that we are being often and repeatedly lied to and manipulated.

No longer is the truth and good seemingly on top of the agenda, but rather the script of normalcy and calm is paramount. 

Thus, rather than passion and piloting, we get a lot of spin, exaggeration, manipulation, and some could say outright lies, for example: 

- The "health of the economy" (anyone look at our runaway national debt register or grossly widening economic inequality lately)

- The "security of our nation" (anyone believe that Iran or North Korea are standing down their WMD programs)

- That ISIS is on the run and terrorism is waning (anyone really think San Bernardino or Fort Hood was "workplace violence")

- The success of the nation's newest healthcare program (anyone believe that the public "Affordable Care" insurance is giving healthy coverage at great prices)

- The absence of bigotry and discrimination (anyone think that racism isn't so bad with killings over taillights and at "peaceful" protests)

- The transparency of our government (anyone look at the statements of the FBI versus the former first lady). 

And doesn't the list goes on and on. 

Listen, we all make mistakes, including leaders, but creating a false narrative for the "stupid" public and media "echo chamber" is beyond immoral--it literally breaks the compass. 

Civilized society and any vestige of positive relationships therein is built of trust and communication, but when these are simply tools to fool the coined dumb-a*s people, rather than lead them, then we are listening only to evildoers on a bully pulpit. 

Maybe that's why nearly 70% think we're headed in the wrong direction...because look at the absence of integrity leading the pack. ;-)

(Source Photo: Andy Blumenthal)

The Bully Pulpit

It's Getting Mighty Hot

This is a advertisement around Washington DC alerting people to the dangers of global warming.

"I'm Too Hot"

And 

"9 of the 10 hottest years have occurred since 2000."

Wait a second, for some (or many) a little extra heat may be considered a good thing especially if you live up north with generally freezing cold and miserably snowy winters.

So don't just tell us about it getting hotter, but tell us how hot is it actually going to get and what will happen when it does--melting glaciers, rising oceans and catastrophic flooding of cities, weather abnormalities and violent natural disasters, and so on.

We need to move on to the substance of this. 

Just like with the national debt, we keep talking about it going up (and up). 

Well what's so bad about that if we can just print some more greenbacks and pay for more stuff, maybe it's a good--or great--investment in our country and future?

Here again, the message that isn't getting out clearly is what is going to happen when the debt becomes unsustainable and printing or devaluing dollars will not solve the problem and may actually exasperate it by creating run-away inflation, a downgraded or junk credit rating, and higher debt payments possibly tanking our economy and people's savings.

Yeah, we don't want to cause a panic. 

But shielding people from vital information on the dangerous paths we are on will only lead to going further down into the abyss of non-action and potential for cascading calamity. 

Let's face it--it's unpopular to talk anything doom or gloom--financial crises or natural disasters or especially anything with WMD--but if we aren't the adults in the political room, who will be? 

For once, I'd love a leader who tells it straight, who helps us face our own worst nightmares, and actually gets us back on track again, rather than keeps the wool pulled over our eyes for another term or two.

Leadership is lost in rosy glasses, vote counting, pundits called upon to obscure the truth from the people, keeping a false calm, and creating wildly inflated legacies.

These motives for now are stronger than the determination to deal with the threats we face, but not forever, and then the pendulum will most abruptly swing in the other direction, precariously late for the ensuing global effects. ;-)

(Source Photo: Andy Blumenthal)

It's Getting Mighty Hot

All American Chair

Got to love this all American chair. 

Red, white, and blue. 

And stars and stripes everywhere. 

The only thing that I seriously wonder about is whether this chair was manufactured in the U.S. 

With the U.S. losing 35% of it's manufacturing employment between 1998 and 2010 (from 17.6M to 11.5M), due in large part to outsourcing, there is a good chance this chair was made overseas. 

Now manufacturing makes up less than 9% of total U.S. employment. 

Also noteworthy is the loss of 51,000 manufacturing plants or 12.5% between 1998-2008.  

Together, agriculture and industry make up only approximately 20% of the entire U.S. economy. 

Manufacturing are agriculture are strategic capabilities for this country and any country. 

It's not just what you know, but what you make!

Sure we can make things faster and easier with automation, but at this point there is a serious skills shortage (with millions of jobs going unfilled), and we need to safeguard the strategic knowledge, skills, capability, and capacity to make things vital to our thriving existence.

We need to be a more self-sufficient nation again and not a one-trick service pony. 

We need to use information to be better innovators, creators, developers, and builders. 

Information is great, but you can't live by information alone. ;-)

(Source Photo: Andy Blumenthal)

All American Chair

Is Blame A Leadership Quality

One of the most important qualities of a leader is responsibility and accountability--as they typically say, "the buck stops here."

So why do we have so much of this:

1. "Blames his guards [the U.S. Secret Service] for closing White House Tours"

2. "Blames [former U.K. prime minister] David Cameron for Libya Descending into a 'Sh** Show'"

3. "Says GOP is to Blame for Rise of Donald Trump"

4. "Blames [former House Speaker] Boehner for Ongoing Government Shutdown"

5. "Blames Democrats for Midterm Losses"

6. "Shifting Blame for Bergdahl Trade to [former Defense Secretary] Hagel"

7. Blames "Detaining Terrorists at GITMO Helps ISIS [recruit terrorists]"

8. "Blames media for losing war against ISIS"

9. "Blames U.S. for Gun Violence in Mexico"

10. "Blaming [former HHS Secretary] Sebelius" for botched Obamacare rollout

11. "Blames 'bad apple' insurers for cancelled [Obamacare] coverage"

12. "Blames his Low Approval Numbers on Racism"

13. "Blames China...for not playing fair [as competitors]"

14. "[Russian President] Putin largely to blame for Syrian crisis" 

15. "Blame Middle East Turmoil on [Israeli Prime Minister] Netanyahu"

16. "Blames Christians from Holding Back America from Doing 'Big Things'"

17. "Blames Founding Fathers' 'structural' design of Congress for gridlock"

18. "Blames the rich--big banks, big oil, big hedge funds...[and] recklessness of Wall Street" for economic crisis

19. "Blames [former President] Bush for Economy While Standing Next To Him"

20. "Blames the Messenger" for "legitimate criticism"

21. "Blames Everyone but Himself for Failed Economic Policies"

Do you think that there is probably a lot more blame to go around? ;-)

(Source Photo: here with attribution to Wild Trees)

Is Blame A Leadership Quality

Who's Gonna Pay For That Wall

So presidential candidate, Donald Trump wants to build a wall on the southern U.S. border with Mexico to control immigration for homeland security and the economy. 

But more than that, he thinks Mexico should pay for it.

Today, on CNN was a response from Mexico's ex president, who said, we're "not gonna pay for that f****** wall!"

I was walking around laughing to myself for about 10 minutes--the zany and (un)predictable action-reaction in politics and diplomacy. 

You can't make this stuff up. 

Just an aside, but wouldn't you say Ex-President [of] Mexico instead of the Ex-Mexico President --Oops, who was working the captions at CNN today. 

What will be surreal and hilarious after this is if the "f****** wall" would really happen, and if Mexico would seriously end up paying for it. ;-)

(Note: This is not an endorsement for any candidate or party.)

(Source Photo: Andy Blumenthal)

Who's Gonna Pay For That Wall

Walls And Bridges

I was really surprised this week when the Pope entered the election fray and made a comment about presidential candidate, Donald Trump, not being a Christian if he is wanting to build walls (on the Mexican border) and not bridges. 

And then the Trump campaign pointing out that the Vatican City is surrounded by what of all things...a very big wall!

We have a history in the U.S. of separation of Church and State and a First Amendment that codifies this as law. 

To me, unless a candidate is truly criminal, discriminatory, or evil in their conduct, it's not appropriate for a lofty religious figure to publicly question their personal faith like that. 

Further, when it comes to immigration this is not just an issue in America, but all over Europe now with the refugee crisis, and in many other places in the world. 

Of course, we most definitely need to welcome refugees fleeing persecution, conflict, catastrophe, or war. 

But when immigration is principally an economic migration, this is something for each nation to debate and decide for what is best for them.

This is not an endorsement of any candidate or party, but rather an acknowledgement that we shouldn't:

1) Mix religion and politics (and impose undue influence in a sovereign nation's elections)

2) Judge our neighbors faith by valid policy debates

3) Throw stones in glass houses (or walled areas as the case may be).

If building bridges is what is promoted and preferred here then the Pope and Trump should kiss (proverbially-speaking that is) and make up. ;-)

(Source Photo: Andy Blumenthal)

Walls And Bridges

Travel in Metro DC Snow

I took this photo yesterday in the Metro DC area. 

This brave--or should I say crazy--dude is bicycle riding in the snow.

Car is turning in front of him with the lights on.  

But the bike and rider has no lights or reflective material to speak of. 

Seems like a death wish or just plain stupid. 

Only more ridiculous thing I've seen with a bicycle recently is the rider plowing hard through a rain storm while holding an umbrella with one hand. 

Perhaps, there is a gene that makes people look for trouble in bad weather or is it the economy stupid (maybe sadly, the guy can't afford a car or even an uber)?

Ride like the wind... ;-)

(Source Photo: Andy Blumenthal)

Travel in Metro DC Snow

You're Wealthy Nuts

So Bloomberg Businessweek has a really funny article about all the wealthy people that need to go see shrinks. 

Get this--overall wealthy people are cursed with "Affluenza" (not influenza silly) and have "elevated levels of depression, anxiety, psychosomatic issues (physical symptoms from stress), and self-mutilation."

Some specific reasons they go for mental health help:

- Why Me--A trying issue to deal with is their guilt feelings about being so darn rich, while others are starving, homeless, and can't make ends meet. 

- Feeling A Little Lonely (And Hated)--They can't help thinking that perhaps people only like them for their money.

- Aimless In Life--What's the purpose of their lives if they are living on easy street, don't have to work, and can buy their way out of trouble. 

- Money To Mess You Up--Some people have so much money, they can squander it on bad investments, but also on alcohol, drugs, sex, and so on.  

- Fear Of Losing It All--Terrible thing about having so much money is you have to worry about losing so much money.  

So next time you are thinking about protesting against the top .1% who have as much as the bottom 90%, have a heart because the wealthy have a lot of problems too. ;-)

(Source Photo: here with attribution to Chris Goldberg)

You're Wealthy Nuts

What's Cool Is Being Oppressed

So we were having this discussion with this lady in synagogue who prides herself as an activist and participates in numerous groups for social justice.

What was most striking to learn is how these days everyone is vying for the title of most oppressed. 

It's no longer "cool" or "in" to be part of the elite privileged rich, strong, and powerful.

If you are any of these, you are part of the corrupt 1%--that have more wealth now than the other 99% of society combined--and you are leeches that feed off of the legitimate working, middle class society. 

The privileged are the bullies, the racists, the occupiers, the unjust, the thieves, and the liars. 

Today, people and groups are arguing to be put on the pedestal for who is underprivileged:

- The poorest in society

- The ones with the greatest inequality

- The most discriminated against and oppressed

- The smallest of the minorities

The prize for those that attain the marks of distinction for worst status can hope to achieve:

- Sympathy (protests, petitions, and actions for boycotts, divestitures, and sanctions)

- Economic Assistance (donations, grants, loans, scholarships, and advanced technology)

- Preferential treatment (college placement, training programs, hiring, promotion, business awards, and board seats)

- Votes (elections, laws, resolutions, decisions, and court awards)

The super underdog has it way up over the superpower. 

Discontent by the masses, supercharged by social media, is leading to an overturning of society from the Arab Spring to Occupy Wall Street.  

Socialism even for presidential candidates is no longer a dirty word in Democratic America and terrorists around the world are now "freedom fighters." 

Regimes such as Iran that sponsor terrorism, abuse human rights, and build weapons of mass destruction now just need to be "opened up" to the outside world and sanctions and non-proliferation is just more western bullying and infidel occupation.  

Other countries like Syria that are ruled by tyrannical leaders that besiege their own cities, starve and torture their people, drop barrel bombs indiscriminately, and use chemical weapons are no longer crossing a "red line", but are simply in need of a political settlement and even can enjoy two or more years of continued rule. 

Small but flourishing Democratic countries like Israel--the size of New Jersey and the only Jewish state in a world of 50 majority Muslim countries--is demonized as Apartheid oppressors of the Palestinians--those very people who are sworn to their destruction and to throwing them into the Sea--just 70 years after the Jewish Holocaust. 

Back in the United States and in Europe, waves of mass immigration across borders is perfectly fine and perhaps even desired to file the ranks of needed employees, obtain desired future voters, and alleviate the aggrieved hearts of those that committed past atrocities or closed their doors to refugees in the past, while those that speak of vetting, border control, and homeland security are Nazi fascists.

Moreover increases in taxes and spending is in vogue, while general fiscal disciple, paring the national deficit and debt, and sequestration are lunatic concepts by those seeking to suppress the middle class and destroy America. 

Don't get me wrong, we as a country can and should go a long way to decreasing inequality and improving the lives of everyone with a living wage, universal healthcare, paid maternity/paternity leave, free or reasonably-priced advanced education, and decent retirement benefits.

However, when we call everything and anything discrimination, racism, and inequality, take away individual accountability, make every grievance into a revolution and opportunity for a lynching or guillotine, things have gone from one insanity to just another. ;-)

(Source Photo: Andy Blumenthal)

What's Cool Is Being Oppressed

Clash Of Civilizations

Things are looking a little less rosy today in the world...

Clash of Civilizations - Tensions continuing to heat up in Middle East as Saudia Arabia is accused of bombing Iran's embassy in Yemen after the Saudi embassy in Iran was ransacked. 

Weapons of Mass Destruction - North Korea conducts H-Bomb test threating major escalation of WMD in Asia, and Iran unveils nuke capable carrying ballistic missiles at 2nd site, and claims surface that ISIS (similar to Syria) is now using chemical weapons. 

Wold Economy - Yesterday, China had to again halt trading (after only 30 minutes) when their stock market dropped another 10%, and the World Bank cuts global growth forecast to just 2.9% for 2016 (down another .4%). 

Violence From Immigration Crisis - Dozens and dozens of women were sexually attacked by alleged gangs of immigrants in multiple cities in Germany after Germany opens its border to 1.1 million immigrants from Syria, Afghanistan, etc. just last year.

Terrorist Attacks -- After multiple terror attacks in Paris, San Bernardino, and on a Russian airliner flying out from Egypt last year, another attack was thwarted just yesterday in Paris on the 1-year anniversary of the Charlie Hebdo killings. 

We may not want to say the words "clash of civilizations," except that we are desperately trying to avoid it, but it seems to be happening and with all it's effects anyway. 

The question is what happens when the proverbial politically "acceptable losses" rise to the point of being completely unacceptable disasters? ;-)

(Source Photo: here with attribution to Guio Gloor Modjib)

Clash Of Civilizations

Market Watch 2016

I took this photo in the mall on New Years Day--yes, the stores were actually open on the holiday.

And Macy's was having a blowout sale with racks and racks of "80% Off Original Price[s]."

We were laughing saying what's next--99% Off and then even 100% off! 

So you think the economy is healthy with fire sales like these on the very first day of the new calendar year--when we still have another 364 days to make our year end sales quotas...

With turbulence around the globe brewing from Iran, Syria, Russia, North Korea, Yemen, Sudan, Nigeria, ISIS, and more...anyone care to say (pending) crisis.

How about commodities--my bet--that are in the toilet (and have been for years now)--do you really think no one needs iron, aluminum, nickel, lead, cooper, potash, oil, gas, coal, diamonds, and gold anymore? 

Then the Wall Street Journal warned again today about the overall investment marketplace, asking "How do you invest when everything is expensive? [at 25 times cyclically adjusted earnings--now that's a fancy term]?

We've been down this road before in the bubble bursts and recessions of 2001 and 2008.

Is now really the time for the Federal Reserve to be raising interest rates (and what a nifty ripple effect that will have in both slowing our economy down and raising our interest payments on our already ballooning $18 trillion national debt)?

Oh, technology to the rescue again and again...it's possible with everything from virtual reality to robotics and artificial intelligence on the cusp...or maybe not this time around. ;-)

(Source Photo: Andy Blumenthal)

Market Watch 2016

You're Getting Milked

If you have a pulse and have been to the stores or even shopping online lately (hey, it's the holidays so of course you have), you know that prices are on the rise.

And this is amazing, because--

Major factors point to pricing that should be driven down:

- Commodities--which are the basic raw materials from agriculture to oil and gas and metals and mining--are at a more than 16-year low!

- Manufacturing has moved to low cost sourcing countries (China, India, Vietnam, Africa, etc.)

- Technology continues to benefit us in terms of cost-efficiencies from the transformation to robotics and automation.

Yet, we keep on seeing prices move ever higher:

Just a few examples...

- "Housing market is on fire" with existing home prices exceeding the pre-recession peak!

- "Car prices at records highs - and rising"

- "Food prices are sky high"--it's not your imagination.

- Fashion "prices rising so fast"

- Health care spending is "again accelerating"

- "College costs are so high and rising."

Forget the B.S. of the basket of inflation stats your being feed...you know that your bills are going up, while your income is stagnant.

The real question is why is the middle class always getting milked--whose interest does it serve? ;-)

(Source Photo: Andy Blumenthal)

You're Getting Milked

Global Chaos But G-d Is On Watch

We are continuing to see the number 613 (a critical number representing G-d's commandments to us in the Torah).

I wrote about this in my post last month (Nov 26).

Yesterday, I randomly looked up at this guy cleaning in front of one of the GW University buildings and there it is...613. 

On Sunday, we stopped for something to eat (see receipt total with the scrambled 613 in it)...$16.38.

The principle of divine intervention in everything we do in our lives is a paramount religious belief, and in Judaism, we learn that not a leaf falls from the tree without it coming from G-d. 

The times we are living in is certainly not normal with terror and war on nearly every horizon (ISIS, Iran, Russia, North Korea, and China to name just a few around the globe), a growing threat from WMD, the economy in shambles, government debt exploding, energy, mining, and other commodities in free-fall, and global warming continuing to heat things up. 

Further, with immense conflict and political dysfunction in how to deal with these challenges, and amazingly little to no resolve to seemingly even address many of them at all, the views and positions are moving toward extremes and the people's emotions seem to range from generalized frustration to genuine fury.

The story isn't over on all these fronts for America or the rest of the world, but I believe even if leadership's heart is hardened and progress seems almost completely stymied in the face of emerging global chaos, G-d is watching and guiding things very closely at this historic time. ;-)

(Source Photos: Andy and Dossy Blumenthal)

Global Chaos But G-d Is On Watch

Top 30 Legacy Of Hope And Change

Over 7 long years, the promise of "hope and change" has given way instead to the disappointment of chaos and dysfunction.

Just some 30 examples off the top of my head...

1) Nuclear IRAN

2) Civil War SYRIA

3) Fragmented IRAQ

4) Taliban resurgent AFGHANISTAN

5) Militarization of SOUTH CHINA SEA

6) Nuclear missile NORTH KOREA

7) Terrorist State ISIS

8) Resurgent aggressive RUSSIA

9) Weaponization of SPACE

10) Streaming crisis of REFUGEES

11) Broken system for IMMIGRATION

12) Sharply rising MURDER RATES

13) Growing and largest PRISON POPULATION

14) Rising RACISM

15) Increasing INEQUALITY

16) Worsening polarization in POLITICS

17) Poor TRANSPARENCY

18) Dysfunction in GOVERNMENT

19) Rising NATIONAL DEBT

20) Crisis in HEALTHCARE

21) Failing system of EDUCATION

22) Stalling INNOVATION

23) Growing insecurity of CYBER 

24) Infringement on PERSONAL PRIVACY

25) Falling participation in LABOR FORCE

26) Slowing ECONOMY

27) Worsening CLIMATE CHANGE

28) Shrinking affiliation with RELIGION

29) Epidemic of SUICIDE AND SUBSTANCE ABUSE

30) Declining HAPPINESS

Now, one of our main hopes has to be genuine change for the better. 

(Source Photo: Andy Blumenthal)

Top 30 Legacy Of Hope And Change

The Unsustainable U.S. Economy

The U.S. National Debt often touted at an enormous $18 trillion is really more than 3 times that amount and closer to a whopping $65 trillion!

That's when you actually count all the unfunded liabilities for civilian and military pensions, retiree healthcare, social security, and medicare.

For each of the 318.9 million people of that United States, it mean $203,826 of debt or for a family of four that's a debt of $815,303.

Put another way, the entire net worth of Americans is $84.9 trillion, but after subtracting the debt of $65 trillion, it drops to just about $20 trillion--coincidentally around the amount of our new debt ceiling.

Moreover, with the richest 1% owning more than 50% of the wealth by 2016 that leave only $10 trillion or $31,675 for each of us--not so hoity toity for 239 years of independence and founding as a nation or all the blood, sweat, and tears we put in every day of our lives.

In terms of our escalating debt, just this last year alone, social security spending went up to $944,143,000,000 or the equivalent of $6,345 for every American with a job. and this is projected to dramatically rise with the retirements of the baby boomers.

Projections are for social security to exhaust its funds by 2035, which could result in across the board 20% or more cuts in benefits of the already meager program where many seniors end up eating cat food.

Additionally, the retirement age already set to go to 67 by 2027 could be forced to go even higher, and social security would likely be curtailed or eliminated entirely above certain income levels.

Is this the financial security and brighter future we are leaving our children and grandchildren?

We can kick the can down the road, but the unsustainability of it all will eventually come back to haunt us. ;-)

(Source Photo: here with attribution to Pictures of Money)

The Unsustainable U.S. Economy

A Feel Good But Deeply Ailing U.S. Economy

Get comfortable with your salary, because it isn't going anywhere positive--payrolls are stagnant!

The Wall Street Journal reports that wages since the recession "have grown slowly, advancing at a pace of about 2% annually" for a total of 12% since 2009.

In contrast, in the 20 years prior to the recession, wages "grew on average better than 3% annually"--that's 50% more increase per year!

Sure some of the increase is now coming in the form of benefits growth, such as time off, subsidized commuting costs, and health insurance premiums, but workers still need to be able to pay their bills. 

For the federal workforce, things have even been worse with pay raises of "just 2% [total] over the last five years" and a proposed 1.3% (with locality pay) for 2016.

Is it surprising then the innovation--one of our greatest strengths--is also drastically slowing in the United States. We are not rewarding risk with reward like we used to--and that changes the whole innovation equation!

Also no surprise then that mergers and acquisition are booming as the key to corporate growth as well as cost-savings through economies of scale are seen as one of the only ways to wring out profit growth in companies bottom lines.

All in all:

- The average household income in the U.S. of $53,657 (as of 2014 census) is actually negative $2,401 or -4.3% since 2005.

- While inflation is up an average of 2.13 over the same 10-year period.

- This leaves the average household more than 6% worse off then they were a decade ago...that's a lot of time to be working and getting negative returns on your investment of time and effort.

Combine this with:

- A stagnant U.S. economy despite near zero interest rates since December 2008.

- Manufacturing down to only 9% of jobs in the U.S. economy

- The country's ongoing spending binge--a national debt that has doubled over 8 years from around $10 trillion to almost $20 trillion by 2017 and interest payments about to take off with rising interest rates.

- Throw in a arms-race with China and Russia and the aging Baby Boomers setting up the economy for dramatic increases in Social Security and Medicare

And the "fun" NOT is only just beginning. ;-)

A Feel Good But Deeply Ailing U.S. Economy