4 Comments
founding
Dec 14, 2023Liked by Peter Nayland Kust

Yes! The ‘anecdotal’ stories of ordinary, Main Street Americans add up to the hard data of a population struggling with high housing costs, soaring food costs, and other economic challenges. Remember the 2016 Election, when all of the mainstream media personalities were so confident that Hillary had won the race that they were visibly astonished when Trump won? Well, they could be in for another shock next November. The narrative-pushers are completely *out of touch* with the reality in this country!

Expand full comment
author

From your keyboard to God's eyeballs!

Expand full comment
founding
Dec 14, 2023Liked by Peter Nayland Kust

The good news is that the reality of your facts and analysis is going to become more and more obvious to ordinary citizens as each day goes by, and that awakening will change some things. Did you see the Wall Street Journal headline about Mattel laying off more than a thousand workers because toy sales are way down? Ten days until Christmas, and American familiar cannot afford to buy toys for their kids - THAT reality says realms! So by Election Day next November, enough people will have become aware and disgusted enough to vote out the delusional-narrative regime, and be hungry for truth and change. Let’s hope!

Expand full comment
author

Mattel? No, but Hasbro recently announced a 20% workforce reduction due to lagging toy sales.

https://www.reuters.com/business/retail-consumer/hasbro-lay-off-20-workforce-wsj-2023-12-11/

One of the data points that gets overlooked in employment is the extent to which employment "growth" has been driven by part-time rather than full-time employment, with the result that the overall employment picture is itself bordering on the stagnant.

https://fred.stlouisfed.org/graph/?g=1cKrF

Corporate media frequently reports economic news as if Wall Street and Washington ARE "the economy". Main Street gets forgotten--until reality gobsmacks Wall Street and Washington in the face, creating an economic "crisis".

If there is one bias to my analyses, it is that I am more concerned about what happens on Main Street than Wall Street. Numbers matter, facts matter, but people matter most of all.

Expand full comment