Reply #134: Both

[Tansy_Gold]

1. It's not compromise if it all goes one way. Obama and the Dems could and should stand firm. Let the pukes filibuster, let them get NOTHING, because at least then ALL the onus is on them. But Obama and the Dems will never do that. They would rather have a tiny victory that benefits a few and hurts many, than no victory at all. You say you don't understand that? Neither do I.

2. The stock market IS behaving as usual, and that's the problem. There's no there there. It shouldn't be a casino. Risk-free, no, of course not. But all-risk, all the time? No, not that, yet that's pretty much what we've got. There's no stability, and that's no way to run a business.

3. The stock market hasn't made any real gains in what, 10 years? Working people's effective wages have declined. The gap between the top 1% and the rest of the hoi polloi has widened astronomically. FIRE has taken over the economy from agriculture and manufacturing.

4. The stock market does not bear any relation to The Economy. The Economy is real people's real lives, real jobs, real schools, real children, real cars, real doctors. The stock market is alphabet soup.



Tansy Gold, for the lurkers