Daily Clips: January 9, 2017

For the next four, maybe eight, years, we will have a president who half the country thinks is the Manchurian Candidate, Russian-born. I can’t think of a greater symptom of the weird fever dream that is the American empire, whereby the most powerful state on earth imagines, over a twelve to sixteen year period, that its elected leaders hail from the far reaches of its various antagonisms.

Short-termism has been called, “the tyranny of shareholder value” and our boss, Nick Hanauer, thinks that this myopic vision plays a huge role in our current economic malaise. Here is a blog post which deals with this pervasive financial perspective.

In other words, we will re-run a version of the economic experiment previously conducted in the 1980s under Reagan and again under George W. Bush.

Nick Cassella

Comments are closed.