The Economy and Politics have been on my periphery since the early sixties. They are like sticky buggers, I do not seem to be able to shake them:-(
As I was starting my senior year (67-68) Arthur (Art) Council lost his life in Vietnam. He and I had shared the high and long jump pit together as we trained in our respective sport.
Then when I started college at El Camino Community College, I took a class in Religious Studies. Background, I was born and raised Presbyterian ~ they tend to believe that if you are blessed you will be wealthy ~ please, not an exact quote. And, I was searching for my calling because I thought I was going to become a minister, or so I thought. That in and of itself is another story. Anyway, my instructor asked if anyone believed in money; the fool that I am, I raised my hand and said, "I did not." Yep, you are correct, I was the only one:-( He took that opportunity to lambast me pointing out that I was wearing a Pendleton shirt. Even though my mother bought it for me I did not have a leg to stand on and became the laughing stock of the class, I am sure. I dropped out of college early in the spring semester to enlist in the army earning $98 bucks a month. Can you believe it cost me a dollar, just to shave my head? I was on easy street for sure.
My wife has been drawn to the Pendleton outlet stores since living here in the northwest. That was amplified during our September road trip from hell when Xena was violated; someone smashed the back window and grabbed our luggage. That meant that on our return trip we had to replace all the new stuff my wife had purchased on the way to Fremont and of course I got a few things as well
Bottom line, the other day I looked at the size label on my shirt and it said, "Made in Vietnam."
The Economy is not complicated; it just isn't honorable. Sadly today, I cannot even define "honorable," just as we cannot define "Truth" anymore.
Two things I hope to see here in Tesla World (TMC). First, any major crashing sign of TSLA and secondly weakness in the overall economy. I have lived through the drought period of this stock when it hit its bottoms and became too giddy when it reached its highs. I choose to focus on the fundamentals in the face of debt.
As for the elephant in the room, I do not see our US economy successful or failure based on either political party. Having said that, I believe that in the early 2000 era thirteen laws were removed from the books. I used to have them referenced, but must have tossed them out too. So, I do not have hard reference and I am not sure if the number is correct or a memory of my track sweats number 13 back in the '60s. The removal of those laws, like legs for a building built on stilts brought down the house of cards in mid 2000.
We just got introduced to a new tax code. Time to dust off your old textbooks, you know the ones used to kill trees and are not on your Kindle. Is history about to repeat itself, yet again?