“We are living in a modern-day depression.” Hey, don’t you mean “unexpectedly”, pal? “Government transfers to the personal sector now makes up nearly one-fifth of total household income,” says Gluskin Sheff’s chief economist David Rosenberg. “Even Lyndon Johnson, architect of the ‘Great Society’, would blush at that.” Unlike the 1930s, the bread-lines are virtual, all done with EBT cards now. But like the first one, this will end when the oppressive statist regime does.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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