The Good Ship Lollypop Will Continue Sailing on a Sea of Debt

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  • Post category:Economy

On the good ship
Its a nice trip,
In to bed you hop,
And dream away,
On the good ship
Lollipop –Shirley Temple

And so, to everyone’s complete lack of surprise the USS Good Ship Lollypop sails on because well, if there’s one thing that Republicans and Democrats can agree on it’s that this whole enchilada comes unraveled without the one thing that is constant in a Keynesian economic system; debt expansion (and associated inflation) and the leveraging of said expansion toward economic gains. Dream away, people.

Bipartisan deal reached on budget and debt ceiling, ensuring no federal shutdown or default

On the last check of the futures investors were cheering, as the media like to say when they write FOMO-instigating articles for you to get emotional about.

Ha ha ha… Trump and the Democrats, two sides of the same coin…

“Trump touts ‘real compromise’; Democrats claim credit for domestic spending increases”

The deal, announced by Trump on Twitter and in a statement by Democratic House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer, will restore the government’s ability to borrow to pay its bills past next year’s elections and build upon recent large budget gains for both the Pentagon and domestic agencies.

“I am pleased to announce that a deal has been struck,” Trump tweeted, saying there will be no “poison pills” added to follow-up legislation. “This was a real compromise in order to give another big victory to our Great Military and Vets!”

Nah, that is all sugar coating and politics sir. This was in the bag from day 1. Trump and his Democrat foils, all in the same bag. There is no other option down this Rabbit Hole, after all.

Just thought I’d straighten out the news, not that you necessarily needed it. And those who think this post is the product of a crank… you can simply turn me off and dream on. No problem.

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