Everywhere you look there is somebody that’s STUPID. From a rather young age we begin to recognize stupidity. I know my children did, as there were times I needed to shush them in public using the “s” word too loud. They needed to learn sensitivity, right?
What is stupid? Most certainly it is subjective and the words that I continue with are subjective. Back to stupid! We lived through the 2005 banking collapse and the Great Recession that followed (some more successfully than others). What have we learned? This question is what defines stupid for this post. The stock market is racing to new highs seemingly each day. With this friends, co-workers and family expressing glee are thrilled to announce their new-found wealth. Is this financial cycle different from any previous financial cycles? I guess not, making the excitement of new riches part of it I imagine. So why is it stupid? Why am I pointing the finger of stupid at others, heck too some degree myself! Because, nothing has fundamentally changed.
Attitudes, economics, politics and theory has not been altered. Not moved by the collapse of banks, credit, personal wealth, the housing market. We have had protests and some push back (Occupy, Fight for 15). A few states have increased their minimum-wages, but is that it? The Right-Wing has won far more, reducing the size of government, not spending just payroll! This has only weakened the LABOR MOVEMENT and the size of organized labor, with the promise of lower taxes? Is your tax bill smaller? Not in New Jersey where the “shrinking” of government took place. Good 99%’s voted in the Republican Christie and bought in to the lies of smaller government! Not once but twice. So that is where the example of stupid is quantified. ( I DID NOT VOTE FOR HIM ON EITHER OCCASION).
Disgust, is that what I am feeling? Is that what you are feeling? Or should we be standing with the vast majority? The people who have embraced the “recovery”. Fully accepted their stock market gains, planning their futures, their retirements as if that money will never go away. We will never experience another downturn, banking collapse or money crisis. Our government has……………………………..done nothing.