Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Thursday, November 20, 2025

Vibecession

 Krugman professes to be somewhat surprised by Trump's collapsing approval ratings on the economy and consumer confidence in general. He suggests that it might be a result of Trump's constant lying and maybe even the fact that - while we have no official numbers - the job market seems to be softening. A lot.

Trump paid a price not just for the shutdown, but the way he held SNAP benefits hostage, the fact that he demolished the East Wing to put in a Mar-A-Lago ballroom and the fact that he held a Gatsby party while people were suffering.

As Marshall reiterates, power is unitary. Trump is increasingly out of touch - or rather he is now being seen as out of touch. This is perhaps the real cost of the Epstein cover up. He said he would release them, backtracked and you can't lie your way out of those basic facts.

Bitcoin fell another 3.7% today. Things are getting shaky and the clowns running things have zero answers.

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