Sunday, January 06, 2019

Read Paul Krugman Today

Reality, and data don't matter to most people.  Religion proves the point.  People like to just believe what makes them feel good.  Tax policy is a classic example.  Trickle down does not work and is nonsense.  However, it feels good to the rich. Paul Krugman refutes the logic of trickle down in the NYT today.

Life in the Earth Module took a sharp turn down.  Jasper Littlebottom now has the nuclear cold in full bloom.  This damn cold is at least a two week enterprise.   Rain is falling on the desert and perhaps the streams will come alive.  The clouds are right down on the ground.  The Kadizzlites will be stuck in the module all day.  Public radio and the internet will be the entertainment.

Yesterday we went to Planet Globe, AZ.   Kadizzle waited for Littlebottom to check out in front of the store.  This was a chance watch what people were buying.  The food choices of the aliens was amazing.  People living on the edge buying cartloads of liquid crap.   Poor people buying cases of water.  Perhaps the water is bad here, but you can get it for thirty cents a gallon if you refill bottles.  The economics of poverty is sad.  People who could perhaps work up the economic scale spend their paycheck on tattoos, shiny truck rims, or the most worthless food you could consume.  Life in mining towns is boom and bust.  When the mines are going strong you buy the biggest pickup truck you can finance.  When the mines slow down you scrape to find money for gas.  Why don't the schools teach the students something about managing money?  Apparently the people are taught to buy lottery tickets.  People stand in line to get robbed.  If you cannot give your money away at the grocery store go to the casino.   Come to Globe on reservation pay day.  There is a block long line at the bank to cash the checks.  At the grocery store there is a line to buy lottery tickets .   This economy is called trickle up. The money trickles up to the top and stays there.

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