millionaireInvest

Monday, 29 May 2023

[New post] The Middle Class is Getting Destroyed

Site logo image Geoffrey Pike posted: " The 2024 presidential race is heating up. It does seem to be more interesting than normal. There are interesting Republicans with Trump, DeSantis, and Ramaswamy. They each have their good points and bad points, but at least they aren't all bad point" Libertarian Investments

The Middle Class is Getting Destroyed

Geoffrey Pike

May 29

The 2024 presidential race is heating up. It does seem to be more interesting than normal.

There are interesting Republicans with Trump, DeSantis, and Ramaswamy. They each have their good points and bad points, but at least they aren't all bad points like Biden.

On the Democratic side, there is Robert Kennedy Jr. Even though the DNC, the corporate media, and the rest of the establishment will try to censor him, there is alternative media to the rescue. When the establishment can no longer ignore him, they will smear him.

On the Libertarian Party side, there is the possibility of Dave Smith, who is a great spokesman for liberty. I could envision Dave not running for the LP ticket if he thought Kennedy had a decent chance to win. It's not that Kennedy is a libertarian, but he has the potential to restore a lot of sanity to our world when we really need it.

Kennedy actually tweeted a link to a LewRockwell.com article about the middle class being decimated. This is a good sign in several ways. Just the fact that Kennedy is mentioning an article from a more radical libertarian website is something. It is also encouraging that one of his talking points will be how the middle class is getting destroyed.

It is interesting to see the different candidates and how it might play out. A lot of focus is on personalities, which do tend to matter a lot in politics. But one thing that is largely being ignored is that Biden and the Democrats (excluding Kennedy) might be in real trouble in 2024 if we hit a deep recession. With the inverted yield curve, this is looking highly likely.

It's the Economy, Stupid

The focus on the economy by James Carville and Bill Clinton in 1992 wasn't wrong. It's not that they had the right answers, but it appeals to people's self interest.

It's nice for some people to wave a flag for Ukraine, but are they really willing to sacrifice their lifestyle to funnel tens of billions of dollars to the military-industrial complex and a bunch of corrupt oligarchs in Ukraine?

A Bill Clinton presidency actually sounds pretty good these days compared to Biden. Even though Clinton was and is a criminal, at least he cared about how others thought of him. So he wasn't purposely trying to destroy civilization.

The middle class is already getting hammered with high price inflation and wages lagging behind. If you throw in a major recession and deflating asset prices within the next year, it is hard to see how Biden wins re-election. It is hard to see how any Democrat not named Kennedy would win the presidency. The only reason Kennedy would have a chance is because he has already separated himself from the establishment Democrats.

The Winning Message

It's sad to say, but a family of four making around $100,000 is barely getting by these days. It's not that such a family would struggle to put food on the table, but there is an expectation to have some joy in life.

When you take out taxes, health insurance premiums, other insurance costs, housing, and food, it doesn't leave that much.

Sure, you can cancel cable and streaming services, give up your smartphone, and never eat out at a restaurant, but who wants to live like that?

You can say "no" to taking the kids to their favorite amusement park. You can cancel all of their sports and other activities and not throw any birthday parties. If you do all of that, you will be just fine.

Is that a winning message for middle class America? "Just suck it up and live very frugally, and you will get by just fine. We have to send more money to Ukraine."

This is partly why Donald Trump won in 2016. If Rand Paul had sold this populist message, maybe he would have stood a chance.

This is why Dave Smith and Robert Kennedy have a good chance of really stirring things up in this presidential election. Neither one has a good chance to win, but they sure can disrupt the establishment.

While it is very important to oppose the wars and infringements on civil liberties, the winning message is to tie it all back to the struggling middle class.

Sometimes people just want acknowledgement that life is a struggle. If you start there, then a certain trust is automatically built. I don't think anyone actually believes that Biden is working hard to help the lives of ordinary Americans.

In 2024, it is possible to have a pro liberty message and a populist message at the same time. It starts with acknowledging that the middle class is being hit hard.

Comment

Unsubscribe to no longer receive posts from Libertarian Investments.
Change your email settings at manage subscriptions.

Trouble clicking? Copy and paste this URL into your browser:
https://libertarianinvestments.com/2023/05/29/the-middle-class-is-getting-destroyed/

WordPress.com and Jetpack Logos

Get the Jetpack app to use Reader anywhere, anytime

Follow your favorite sites, save posts to read later, and get real-time notifications for likes and comments.

Download Jetpack on Google Play Download Jetpack from the App Store
WordPress.com on Twitter WordPress.com on Facebook WordPress.com on Instagram WordPress.com on YouTube
WordPress.com Logo and Wordmark title=

Learn how to build your website with our video tutorials on YouTube.


Automattic, Inc. - 60 29th St. #343, San Francisco, CA 94110  

at May 29, 2023
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Generate a catchy title for a collection of newfangled games of the past that wont make you miss a beat

Write a newfangled query where { query -> QueryResult ( ) } is the one that should be called, and should be one of the <query>. An ...

  • [New post] How Automation Drives Business Growth and Efficiency
    marke...
  • [New post] The Future Is Here: How Artificial Intelligence Can Help You With Your Studies
    marke...
  • [New post] Kevin McCarthy busts Fox News host: ‘Maria, you’re saying things that are not true’
    ...

Search This Blog

  • Home

About Me

Millionaire— a title you may have imagined while picturing a seven figure bank balance.
View my complete profile

Report Abuse

Blog Archive

  • August 2024 (510)
  • July 2024 (717)
  • June 2024 (544)
  • January 2024 (1)
  • December 2023 (2)
  • June 2023 (158)
  • May 2023 (1398)
  • April 2023 (1217)
  • March 2023 (1327)
  • February 2023 (1055)
  • January 2023 (1394)
  • December 2022 (1281)
  • November 2022 (1021)
  • October 2022 (879)
  • September 2022 (874)
  • August 2022 (1334)
  • July 2022 (1003)
  • June 2022 (1030)
  • May 2022 (1189)
  • April 2022 (1090)
  • March 2022 (1045)
  • February 2022 (785)
  • January 2022 (942)
  • December 2021 (1234)
  • November 2021 (3182)
  • October 2021 (3224)
  • September 2021 (3138)
  • August 2021 (3283)
  • July 2021 (3173)
  • June 2021 (210)
Powered by Blogger.