OT. About 1/3 of Americans' Income Come From Government
In alt.home.repair, on Fri, 30 Apr 2021 13:49:01 -0700 (PDT), Dean
Hoffman wrote:
https://www.zerohedge.com/economics/record-34-all-household-income-us-now-comes-government
Talk about bias, "And that's how creeping banana republic socialism
comes at you: first slowly, then fast. "
At least he uses the word "now" but nowhere in the article was it clear,
or even apparent, that "now" is temporary, and the financial alternative
was a recession like not seen since the Depression or earlier. Not to
mention the non-financial problems, which I guess hedge-fund investors
don't worry about.
As an aside, he also doesn't know what a banana republic is. He lists
*only* Turkey, China, and Russia, none of which are. Apparently he likes
the word because it's insulting, without caring why.
|