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Originally Posted by sebastian_dangerfield
We've had a K-shaped recovery since 2008. If you'd assets at that time, they've since appreciated nicely. If you didn't, or worse, if you didn't and you worked in a non-professional job, or a professional job that could be automated or offshored, the last dozen years have been mostly miserable.
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At any point do you let facts into your analysis? Because this isn't a remotely accurate description of that period of time.
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But in a few months, when we all focus on the economic fallout that's coming once we get Covid-19 under control (the 20 years' worth of creative destruction to certain sectors of the economy [which was already unavoidable, but could be handled over a longer time frame] which Covid just accelerated into one year)
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Wait, you think ending the pandemic is going to be bad for the economy?? Perhaps catastrophically??
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Trumpism will be very much in the rear view mirror.
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Trumpism is about racial resentment and white people's perceived loss of relative advantage, it isn't going away. It never has.
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The Beer Hall Putsch failed. Yesterday's embarrassing approximation of it failed even more miserably.
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Did you stop reading the history book at that page or something?
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I still don't fear Donald Trump. He's too dumb to fear. I fear the people telling me they need to be given powers, to squash media, to preclude voices, to spy on us, to protect us from future Trumps. Those are the authoritarians who will create fascism under our noses, and they'll have armies of dupes cheering along with them - "It's all in our better interest!"
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Trump is too dumb. The next guy (whether Cruz or Hawley or Cotton or whomever) won't be.
The good news is that no one likes those guys, so they may not be able to pull it off. But I'd rather not test it.
