Daily Hit Of Hopium

Created
Sun, 14/01/2024 - 05:30
Updated
Sun, 14/01/2024 - 05:30
I know everything feels like shit right now. It’s the dead of winter, Trump is still spewing his garbage and millions of people seem to love it, and we’re looking at another nail biter of an election. But don’t despair. There are some things to hang on to. Like that astonishing number. Why anyone would think that’s a problem, I don’t know. He IS going to be the nominee unless he keels over. They will have to make that choice. Again. Anyway, here’s the latest from hopium guru Simon Rosenberg: “I Would Much Rather Be Us Than Them” – My Thoughts on Where We Are As 2024 Voting Begins – Think about what we’ve seen in the past few weeks: the US economy remains strong, best recovery in G7, best job market since the 1960s, wage growth/new business starts/prime age-worker participation rates historically elevated; inflation is at/near Fed target rates, some prices are falling, rents/mortgage rates/gas prices are down, the soft landing appears to be happening; crime and murder rates have come down substantially over the past year, and remain a fraction of what they were 30 years ago; we have the lowest uninsured rate ever recorded, and ACA signups this year have set records; we’ve seen record domestic oil and renewable production, making America more energy independent then we’ve been in many decades; the President has forgiven over $130b in student debt, by some measures Gen Z home ownership rates are outpacing Millennials and Gen X, years of minimum wage…