A MIND FOREVER VOYAGING THROUGH STRANGE SEAS OF THOUGHT, ALONE


This is my second blog.

My first blog chronicled my experiences over three years caring for my dad as he lived through and finally died from Alzheimer's. That is the book that is for sale.

This second blog kind of chronicles of life, what it is like to start your life over in your late 50's. After caretaking, you are damaged, file bankruptcy, and the world doesn't care what you did. After 8 months of unemployment, you wake each day knowing the world doesn't want you. Finally you do find a job, 5 weeks before homelessness, but doing what you did 30 years ago and getting paid what you did 30 years ago. So this is starting over.



The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane.

Saturday, August 5, 2017

MENTAL WANDERINGS 3.0

I think I figured it out, this whole Russia thing.

As I wrote a few blogs ago, most of my life up until Trump was elected, the democrats dreamed of being The Soviet Union.  They wanted Marx.  They wanted Lenin.  They wanted to make the US the idol of the communist world.

This all happened around 1972 when the loonies kicked out the old guard.  The dems became the reds.  They were all reading Marx, dreamed of a soviet type world with America doing it right.

And for 45 years they have failed in their mission.  They thought when Obama got to office, it was going to happen, he was da man, da man raised to be the great communist leader of the USA.  Well, he was communist, not so much great, not so much leader.   So now,  they had a new idea, a plan B.  They will decimate the military, wear out what is left, then start a war with Russia and when Russia wins we will become the communist dream.  Amerika.  Or Russika.

Don't laugh, think it through.

One reason I wanted Trump was the possibility of opening things up with Russia, the war drums have been beating and Hilary was sure to do it.  What no one saw is how the Washington Shadow Gov would start the chant Russia Russia Russia and now Trump's hands are tied.  Then they pass sanctions and the president can veto but it will get over ruled.  Any possibility of a Reagan Gorby relationship is not possible.  Congress has seen to that, the media has seen to that.

Russia has been very patient with us.  Ukraine elected a leader, the USA overthrew the leader.  We've been poking the Russia Bear in the eye in Syria, hopefully Trump can at least keep a peace with Russia there, but so many are pushing this so hard, who knows.

By the way, for my younger imaginary readers, here is what inflation has done.  Now, I will say this, the rate of inflation being used is the government number, and that number is not a true figure since they manipulate it to make it look lower than it actually is, but here is what inflation has done since 1950 onward.

And since you are younger and probably went to public schools I will help you with the math.


What cost $100 in 1950 would cost $123.06 in 1960.
What cost $100 in 1960 would cost $131.10 in 1970.
What cost $100 in 1970 would cost $212.61 in 1980.
What cost $100 in 1980 would cost $158.57 in 1990.
What cost $100 in 1990 would cost $131.39 in 2000.
What cost $100 in 2000 would cost $125.33 in 2010.
What cost $100 in 2010 would cost $113.12 in 2016.

What cost $100 in 1965 would cost $773.32 in 2016


Now, I will very quickly sum up the problem.  Inflation of prices is in and of itself not a problem as long as what else happens?  No, it is not a problem as long as payroll salaries hourly wages etc also go up at the same rate.  Then there is no problem.  Because that item that once cost 100 in 1965 and now costs 773 would not be an issue if your pay also went up by that same percentage.


Now, in the above graph, it is important to look at the numbers in (  ) because that is done in 'today's' dollars, notice the drop from 1970 to well, it never recovered, meaning in 1970 was the peak for earnings - understand what that means, while prices have gone up around 6x with inflation since 1970, median income in the USA has gone DOWN




Well, now, to be fair, it hasn't really gone down for everyone, seems the top 5% are doing real good, in fact, the top 20% have been keeping up with inflation.  The bottom 80%, well, not so good.

Put is simple for the younger viewers:  You make X, your costs are Y.  From 1970 to today, you still make X but your costs/expenses are 5Y.  Now do you understand the issue?  No, you don't, because besides things costing 5 times more from the same paycheck, you forget that your paycheck is being sucked for around 30% for taxes that people in the lower 3 quintiles were not paying back in 1965.  And pensions have been replaced by 401k and now you can begin to understand why the middle class is disappearing in amerika what the government can't steal from your check on the front end, they stole the rest by printing money with nothing to back it and now understand why a guy or gal making 30k in the 1980's was living a good life but same guy or gal in 2016 making 60k is broke.

If you go back to an earlier blog I did on 1/12/16 "What an economic mess we are" and Les Leopolds book you also learn that in 1970 the CEO of the top  Fortune 200 companies made about 42 times what the lowest paid full time employee did in those companies.  Around 2015, that number was over 800% more.

 By the way, Mr. President, if you are reading this ( oh stop laughing, it could happen) before you put forth a tax plan, you might want to look at those numbers and go back to the drawing table.  You cannot keep taxing 25% from the middle, we can't afford it.  So think seriously of a tax system with a sales tax on everything, an income tax with no deductions allowed, and a 60k exception so income taxes will only be on people making more than 60k and be a flat rate of 15%; the top 40% can afford it, but bottom 60% cannot.  And the sales tax makes everyone pay something into the system without strangling us.

Hope.

Never could afford it while a caretaker of a parent with Alzheimer's.  Now I have it again and almost wish I didn't.  I'm only going to be disappointed.