"How a little-known New Jersey truck driver defeated a top state Senate power broker on less than $10,000":
bit.ly/2ZTFFWi The people want change. Don't you?
Maybe not if you're a billionaire. America works great if you're rich, if you're poor, not so much. Unless you're a baby boomer you don't even remember an era where there was a strong middle class, when both parents didn't have to work in order to pay the bills. Life is hard, and if you're on the wrong end of the stick you're sick and tired of hearing it's your own damn fault, that you haven't picked yourself up by your bootstraps, just aren't working hard enough. They tell you since you have a flat screen and a smartphone you should be happy, look at how much better you're doing than the poor of yore! But today too many are poor.
Let's not get into the details. Welfare. Political party. They're irrelevant. People on both sides of the fence are sick and tired, at least the Republicans have realized this. Yes, Trump is a symptom, not the driver. Most didn't think he'd be an incompetent nincompoop with authoritarian tendencies, they just wanted to put a stick in the spokes, they wanted change. Something offered with Bernie Sanders who was labeled too out there, a socialist, and then the senate president of New Jersey loses his job.
The focus has been on the penumbra. Religion, racism, important issues which pale in comparison to money, THERE JUST ISN'T ENOUGH OF IT!
And now the news is all about inflation. Unlike the fat cats in Congress, elected officials, most of America is on a fixed income, with no passive investments, and when prices go up, their lifestyle goes down. Hell, most people don't even have any money in the bank, never mind losing ground with the miniscule interest rates the institutions pay. What is end game?
Meanwhile, the lifestyles of the rich and famous are paraded in front of our eyes 24/7. Not only on television, but social media, do you think this doesn't cause resentment?
Furthermore, the internet delivers power. Running from the bottom and winning would have been an impossibility in the past. You needed money, and the ability to get the word out. Have a hot message and it spreads like wildfire online, FOR FREE! And one of the hot messages is people are sick and tired of the way things have been going in government.
The Republicans, the party of the fat cats, has had to realize its constituency has changed. That it's the blue collar people who are running it, truly. Trump literally said he loved his uneducated. Meanwhile, on the left, titans of government parade their Ivy League degrees, telling everybody they know better, when the truth is they've succeeded in a rigged system everybody else has been closed out of. As for clamping down on the rich, government can't even get rid of the carried interest rule. So, let me see... You're making MILLIONS at your everyday job but you're being taxed at capital gains rates, tell me how that's fair again?
Whenever the left has a renegade, someone testing the limits on the behalf of the financially disadvantaged, they're marginalized, told they're a kook and to get in the back of the bus because everything comes from the top and you have to earn your place. Meanwhile, on the right you can go from zero to hero overnight and you're embraced!
America no longer works for most of its citizens. Ponder that. Most of the people feel they've gotten a raw deal. But now they have power, as a result of the internet. Speaking of disinformation, the powers-that-be specialize in it while they get paid high salaries with great health insurance and accomplish nothing. It's not only the left, the right is culpable in Congress too, if they think this is working for them, their do-nothing posture, they're wrong.
The end of democracy? Maybe it already happened. As George Carlin said, you can vote, do it if it makes you feel good, but the owners of this country don't want to give up control. But now the owners want to be rock stars and we see them every day and we're pissed. I mean who is this pisher Mark Zuckerberg with all that money, what did he add to society, he's not Elon Musk or Jeff Bezos. It's kinda like Wall Street today, it's not about building things, but an end unto itself, finance. Which is why we saw the Game Stop phenomenon earlier in the year. People are so pissed about the way things are that they're willing to LOSE MONEY just to make a point, to show Wall Street it's not all powerful.
This is just the beginning. This is not an anomaly. Actually, the Democrats were early with AOC, but she and the Squad have been marginalized. I mean who in Congress on the left is representing the common man. Don't give me facts, it's all about feel. Tell me what we can do in public schools while you send your kids to private schools. The hypocrisy is damning.
Expect more of this.
--
Visit the archive:
lefsetz.com/wordpress/ --
Listen to the podcast:
-iHeart:
ihr.fm/2Gi5PFj -Apple:
apple.co/2ndmpvp --
www.twitter.com/lefsetz --
If you would like to subscribe to the LefsetzLetter,
www.lefsetz.com/lists/?p=subscribe&id=1 If you do not want to receive any more LefsetzLetters,
Unsubscribe To change your email address
this link