Y = C+G+I+NX, Baby

A non-American family member asked today, “So, what are you gonna do?”.
“Nothing. We are fucked.”

If we do nothing we are fucked. If we try and fail, at least we can know that we did something. If we try and succeed, we think things will be different, better, how we don’t know, but the idea is that it won’t be what we find ourselves in today—incessant bickering across the SNS (social network services) stratosphere about how many people showed up to whose party. In other words: we know it won’t be high school. Whatever future there is going forward, at least (we hope), it’s got to be better than high school braggarts in the capitol and on the screens going round after round of I’m-right-and-you’re-wrong.

If this is you, right now, on the internetz or in a bar, talking about this … this cruft of the inauguration, you’ve already lost. You’re already doing nothing if you are mindlessly sharing a comparative picture of Obama’s 2009 inauguration and the 2017 inauguration. If you’re not looking at the sources, you’ve lost. If you’ve taken at face value, any part of the MLK bust removed from The Oval Office—be it as the 😱-what-a-monster (leftie) or the LOOK!-fake-news (rightie), you’ve lost.

The truth, the news, is somewhere in the middle. You have to think for yourself to find it. You have to read between the lines. You have to talk with people who agree with you and those who do not. Most of all, you have to listen.

If you’re not listening, then you’re doing nothing.

#dronesmotherfucker #ddongtoday

Y = C+G+I+NX

The first thing that America has lost is prosperity. How do I know? The fundamental equation of macroeconomics says so, without a shred of doubt. Y = C+G+I+NX. Don’t be scared. It’s much simpler than it looks. It just means: GDP = Consumption + Government expenditure + Investment + eXports.

source


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