People Make The World Go Round |
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Favorite Line(s): | |
Wall Street losin’ dough on every share | |
They’re blaming it on longer hair | |
Big men smokin’ in their easy chairs | |
On a fat cigar without a care | |
But that’s what makes the world go round | |
The ups and downs, the carousel | |
Changing people, all around | |
Go underground, young man | |
People make the world go round | |
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On This Day In: | |
2020 | Know Love |
2019 | Spoiler Alert |
2018 | Tic-Toc |
2017 | Explaining Working Class Support For Donald |
2016 | Not In My Experience |
2015 | Effort |
2014 | Honest Wants |
2013 | Faith, n. |
2012 | Surprise Me |
2011 | Confused With Truth |
Archive for June 11th, 2021
Just A Carousel
Posted in Included Video, Music and Concerts, Quotes, Song Lyrics And Videos By Others, Videos, tagged Favorite Lines, Included Video, Quotes, YouTube on June 11, 2021| 1 Comment »
One Likely Consequence
Posted in Economics, Philosophy, Politics, Quotes, tagged American Middle Class, COVID, Democrats, Do-Nothing Republicans, Economics, Inflation, Infrastructure, Philosophy, Politics, Quotes, Warren Buffett on June 11, 2021| Leave a Comment »
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation. | |
— Warren Buffett | |
[Government handouts can get you through a non-market caused depression (like the one recently caused by COVID / relief payments), but without an employment plan which improves the general welfare (like a massive infrastructure bill), only the wealthy will benefit when inflation inevitably begins to roar. Infrastructure will improve the national resource base (bridges, roads, levies, dams, drainage, parks, beaches, river-fronts, water and waste treatment, trains and airports, etc.), it will also provide medium and long-term employment to re-build our middle class. The longer the delay in passing a major bill, the less time available for its impact to begin before the next election cycle and the greater the opportunity for the “do-nothing” Republicans to blame the lack of progress on Democrats who wanted more than they could deliver and then failed to deliver anything. The danger is too little and too late. With or without jobs, inflation is coming (IMHO). The question is: who will gain from it and who will suffer for it? — KMAB] | |
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On This Day In: | |
2020 | Know Love |
2019 | Spoiler Alert |
2018 | Tic-Toc |
2017 | Explaining Working Class Support For Donald |
2016 | Not In My Experience |
2015 | Effort |
2014 | Honest Wants |
2013 | Faith, n. |
2012 | Surprise Me |
2011 | Confused With Truth |