The Fallout [David’s blog on saturday morning smack-dab]

The Economist magazine cover story, Oct 17, 2024: America’s economy is bigger and better than ever. The cover headline blared: The Envy of the World. The subtitle question: Will politics bring it back to Earth? Now we know the short answer: Yes. [check out the link*. You’ll need to sign in to read the full article but the bit you can see actually tells the full story].

The truth of our economy couldn’t penetrate the MAGA misinformation bubble. The truth of the Biden administration – in an effort to restore the middle-class – finally stimulating the economy from the middle out instead of the long debunked trickle down. An economy that is the envy of the world. Too bad. I suppose it’s possible that the promised tariffs, Project 2025, the economics of mass deportation and the full impact of the oligarch’s DOGE will pop the MAGA fantasy. We’ll see.

What’s certain is now it all starts. The fallout of mass-misinformation, the plummet back to hard reality. The full impact of the nation landing hard on its mind-bogglingly-self-destructive choice.

*The Economist is a published in Britain. It has no skin in our game.

read Kerri’s blogpost about FALL OUT

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