While my President was out this week patting himself on the back and taking victory laps over the “supposed” 4.9% unemployment rate, he forgot to mention a few important tidbits about what is really going on. We used to call them termites…the termites that were eating away at the economy because of foolish monetary policy by assinine central banks and even worse policy emanating out of this administration…but they are no longer just termites. The eating away of the economy has given rise to serious problems already front and center as well as the problems to come. But there was no mention of these FACTS by my President! It is simple! You cannot “easy money” your way to longer-term economic Shangri-la. You cannot tax and spend your way into a longer-term strong economy. You cannot create massive amounts of mandates, regulations, fees, fines and all that crap and turn it into longer-term strength that will feed on itself.
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