The Public Is Getting Pissed – Ignoring Rule Of Law

by Dave Kranzler, Investment Research Dynamics:

If liberty means anything at all, it means the right to tell people what they do not want to hear.” – George Orwell

There’s a narrative here that the Government, the Fed, the Trump Administration, etc conveniently ignored. Here’s the headline list this morning:

GM Extends Plant Shutdowns
2nd Quarter GDP Hit As Inventories Tumble In April
Retail Sales Tumble Most Since January 2016
Pension Crisis Escalates
House Majority Whip Shot At Congressional Baseball Practice

Real Clear News reported that Representative De Santis stated to police that the shooter asked “whether Republicans or Dems were on the field before shooting.” Fox News has confirmed the report.

The public is getting pissed. It is told daily, on no uncertain terms, by the White House that the economy is rapidly improving. The Fed confirms that the economy is improving. Wall Street chimes in confirming that “narrative.”

The public is told that the unemployment rate is under 5% and the labor market is tight. But 95 million people in the working age population don’t have jobs. They are not considered part of the “Labor Force” and have been removed from the statistics altogether by some BLS bureaucrat’s pencil eraser. To be sure, maybe 1/3 or even 1/2 of those people don’t want to work or need to work for some reason (wealthy, wealthy and lazy, inherited income, public assistance of some form, etc). But 1/2 to 2/3’s of those people would like to find a job that doesn’t entail delivering pizza or washing dishes – in other words, jobs that pay to support a family.

A growing portion of the population understands the underlying truth about the economy that exists behind the propaganda and lies. And they are getting pissed. It’s become clear to anyone desperate enough in their fight to get by that the politicians, corporate elitists and Wall Street crooks are no longer beholden to Rule of Law. The conclusion for the growing legion of desperate is obvious: “why should we adhere to Rule of Law?”

At least this time the Deep State can’t shove the “it was ISIS” narrative down our collective gullets.

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