Friday, July 20, 2018

Signs the economy is bad: July 20, 2018 edition

Welcome to another edition of "Signs the Economy is Bad" here at The Itinerant Librarian. This is the semi-regular (as in when I have time and/or feel like doing it) feature where I scour the Internet in search of the oh so subtle hints that the economy is bad. Sure, pundits may say things are getting better, but what do they know? And to show not all is bad, once in a while we look at how good the uber rich have it.



We made it to another Friday, and here we go again. Let's see what has been going on:

The Pendejo In Chief, the Party of Stupid, and the Bad Economy, or how are those guys fucking up things this week:

  •  They got the IRS to basically no longer require political nonprofits to disclose their donors, making it harder to follow the money. Via AlterNet
  • The Pendejo In Chief is crying poverty as he says the U.S. cannot afford to take care of its veterans, unless there are more tax cuts for the wealthy. Story via The Daily Intelligencer.
  • The Pendejo In Chief's tariffs means others retaliate, like the Chinese. Yet another example, the Chinese retaliated with their  own tariffs on U.S. pork. One part of the pork that was very good for the U.S. was selling offal (things like snouts, pigs' feet, hearts, entrails, etc., which Americans usually do not eat but the Chinese love to eat) to the Chinese. Well, with  tariffs, all of a sudden those offal sellers, many of whom were likely very happy to vote for the Party of Stupid, are now up the creek trying to find where to sell their wares.  Story via Reuters.
  • In more federal Party of Stupid fuckery, Ben Carson, the Pendejo In Chief's HUD secretary, wants to raise rents for people in public housing, including the elderly and disabled, because. . . fuck 'em, that's why. Story via  Boing Boing.
  • Meanwhile, back in the U.S. colony, FEMA is rejecting thousands of appeals for housing aid in Puerto Rico. Reason? Many people cannot prove they owned a home. Gee, that  would not  have anything to do with  that hurricane, would it? Oh, and by the way, a year later, it is hurricane season again. Story via The Week.
  • The GAO reports that summer food programs face challenges, especially  in rural areas. Story  via The Rural Blog.

The bad economy in education:

The bad economy in health and medicine:

  •  As usual, Americans get gouged by the health care system as well as  by health insurance companies. Meanwhile, those same companies' priority is to make profits for their shareholders. Story via Salon. If a few people need to die to make a buck or two, hey, it is the American way. Americans firmly believe they cannot have universal health care  because it would mean having to  help some poor person who is less fortunate. We can't have that shit happening. Fuck that deadbeat Americans say. 
  • And if you want to complain about bad service from a doctor or hospital, well fuck you too. Doctors and hospitals do not want that, and they will sue you if you dare post a  negative review online. Story via USA Today.
  • Not only are  health insurance companies ripping you off, they are scooping  up all the private data and personal information on you they can find anywhere from social media to your shopping habits. Why? So they can better discriminate against you in terms of health coverage later. Story via AlterNet
The Bad Economy in the business world:

Finally, a couple of Bad Economy trivia items:

  • Did you know that testosterone makes guys buy more luxury and fancy products? It's their way of preening basically. Story via The Washington Post.  So the bigger the car, the watch, the jewelry, likely the bigger the douchebag. I must not have inherited that gene because personally I do not give a shit about luxury goods. 
  • And finally, turns out that the group least likely to use the Ashley Madison philandering service are liberals. Who is MORE likely to use it? Conservatives, with Libertarians ranking the  highest. Imagine that. Story via Pacific Standard.




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