Posts Tagged ‘Economics’

The Monarch Is Dead. Long Live The Monarchy!

September 18, 2022

            The Donald got bumped from first place in the past week’s news box office receipts by the recently deceased queen of England. One can’t turn on the news, any news, without some story about the queen, her funeral, or her dogs. It’s not that the passing of any individual isn’t a matter of concern, only with this individual, the line between state figurehead and just-human are blurred. In the US, the president represents the US (to a certain extent) but is just-human when out of office. Not so for the British royals. And so there is a certain undercurrent of resentment. Not so much as to the news being dominated by man on the street interviews (standing in 5 mile long lines, to have a look), but that the monarchy was the face of colonization, exploitation, and oppression. News sources did their darnedest to insure that these cracks did not show (these demonstrations of minority protest, usually a mainstay of the “both side-ism” media, rarely appeared). Something similar occurred in Newark. “United Way of Licking County unable to secure donations from largest companies” (Kent Mallett, The Newark Advocate, 9-17-22) was dropped on a Saturday, and failed to resurface with the Sunday edition (print or online). There is no Saturday print edition; token coverage insuring the least number of readers would access the news. “Deb Dingus, executive director of the United Way of Licking County, told the Licking County Commissioners last week that Amazon, Facebook, Google and Intel have not contributed a campaign since locating in the county. Intel is new to the county this year, but the others have been here through a few United Way campaigns. “We’ve not seen anything come back from any of the large tech industries in this county,” Dingus said. “We’ve not gotten one penny from Google. Not one penny from Facebook. Not one penny from Amazon. Not one penny from Intel. “And yet, we have a lot of tax abatements. And the size of needs are continuing to grow in the county.”” Analysis finds striking similarities to British colonialism with the absence of active concern for the colonized by the colonizers. “Amazon announced it was coming to Licking County in November 2015. The company states it’s a misconception to claim it does not contribute to local communities because it has not donated to one organization. Amazon states it has contributed to 48 Ohio organizations, many in Licking County, but many outside of the county.” “Facebook announced it would build in New Albany in 2017 and had a groundbreaking ceremony in February 2020. Facebook has made grants available to the Johnstown-Monroe and Licking Heights school districts.” The crown’s representative had this obfuscating reply (dodging the issue, as usual, by attacking the messenger, not the message): “Licking County government, which has always supported United Way, also received some criticism, but from within. Licking County Commissioner Tim Bubb said it’s not acceptable that United Way has been unable to even find out who is the county’s United Way campaign leader this year. “I’m really concerned when we say we’re not sure who’s even the Licking County government contact or who’s running our campaign,” Bubb said. “Somebody should be working on that. Seriously. We’ve got 1,000 employees. There needs to be outreach. There needs to be stuff on our bulletin boards and website and that sort of thing.”” The cracks on the surface of our “shared” capitalist democracy grow wider and deeper, and it’s beginning to show. The colonization of space and culture by the royal 1% is revealing it’s violence, slowly yet increasingly each day. Token gestures are made to placate the natives that there is active concern for the welfare and well being of the colonized, yet “the size of needs are continuing to grow in the county.”” Americans, obsessed with watching the trappings of the queen’s funeral from the security of their “shared” capitalist democracy, have been spared the sight of the violent residue of the Royal British Empire. The monarch is dead. Long live the monarchy!  

Space And Culture

September 11, 2022

            The 9-11-22 online Business Insider headlined “China plans three missions to the Moon after discovering a new lunar mineral that may be a future energy source” by Jyoti Mann. “It comes a day after China became the third country to discover a new lunar mineral, which it called Changesite-(Y), according to Chinese state-controlled newspaper the Global Times. China’s Chang’e-5 mission retrieved samples from the moon in 2020 and it has been described by Global Times as a “phosphate mineral in columnar crystal” found in lunar rock particles. The mineral contains helium-3, which could be a future source of energy.” Well, there goes the neighborhood! Which literally occurred in the US (more than once). American Experience aired the documentary “The Feud: for the Hatfields and McCoys, there were no winners” on PBS 9-7-22. “The Feud reveals more than an isolated story of mountain lust and violence between “hillbillies” — the Hatfield – McCoy feud was a microcosm of the tensions inherent in the nation’s rapid industrialization after the Civil War.” One of the things the documentary points out was the appropriation of small town Appalachian news, sensationalized by big city newspapers to sell copy, forming the mythological “hillbilly” culture which permeates to this very day. The other thing (amongst many) it shows that, akin to the motivations of today’s Chinese (and others), the greedy accumulation of coal, timber and land resulted in the dire poverty which the otherwise industrious and self sufficient native inhabitants eventually found themselves staked to. And, of course, bereft of land and resources, not to mention culture, they were forced to labor in mines and industry. Etc. We’ve seen that movie before with the elimination of “the commons” in the days of the pre-industrialization run up. Sound vaguely, and discomfortingly, familiar? How about the Intel shell game in Licking County? “The citizens of Ohio will be better off…” Yadda, Yadda. Analogous to the industrialists of the 19th century, the large scale financial institutions along with Intel are meaning to exploit something, and it ain’t undeveloped farmland. Analysis finds it to be space, AND culture. In the 1970’s, I 270 was built, ostensibly, to “relieve” the 70/71 congestion downtown. It was termed a “bypass’ at the time. Not. Downtown Cols withered and major development boomed along the “bypass.” Ditto years later with 670 and its ? spur heading from Easton to the tiny crossroads of New Albany. Like the 19th century Appalachian way of life, New Albany ceased to be. It is the space that is ripe for exploitation, that “nothing” is there AND that what is already there is not cohesive enough to withstand the violence of big money and its promises of Jobs! and “shared” (?) wealth. Just as the 19th century yellow journalists perpetuated the big lie of primitive Appalachians, so do today’s news sources perpetuate the myth of the rural/urban divide. At the end of the 20th century the US Census showed that the majority of small farmers (under 400 acres) had to have a source of off farm income (a job) in order to farm. Things are even more pressing today. In short, to live rural requires a job in town (just listen to the morning traffic report to verify that). The Jobs! promises promoting Intel (and other) development are superfluous to those already existing and employing the folks in “rural” America. Analysis finds that what will happen is the genuinely rural culture presently found within rural America will go the way of pre industrialized Appalachian culture. Akin to the time of “The Feud’, there is no cohesive culture to offset the large financial interest intent on exploiting the disconnected, and independent, fragility of rural living. In its place will be a further expansion of the culture now ubiquitously present in the spaces surrounding I 270 and its ? New Albany spur.

How A Capitalist Democracy Works

August 28, 2022

            The front page of the 8-28-22 Newark Advocate was a rare display of stories headlining American capitalism and democracy. Students of either ought to take note. Top headline story was “Intel shares tumble: Factory reboot fails to impress Wall Street” by Mark Williams for the Columbus Dispatch. Occupying the left single column was “Redistricting reform made bad maps. What’s next?” by Jessie Balmert for USA Today. Taking up the rest of the front page (with very large photo) is “‘Pick A Path’: Johnstown residents vote Tuesday on removal of council members” by the Advocate’s own Kent Mallett. Providing context or what was not written by these reporters, and appearing the same day online, was “Census Bureau: 3.8 million renters will likely be evicted in the next two months — why the rental crisis keeps getting worse” by Brian J. O’Connor for MoneyWise. Analysis quick and dirty synopsis of the articles shows the Intel story to be more of just that – the Intel story. Ground is already bought and being excavated (along with roads and infrastructure work). Questions remain about the viability of the production facility and whether or not it is “planned obsolescence”, which the Chips act (along with JobsOhio, public funding etc.) are subsidizing. All this is done in the name of “Jobs!”, which is not at all what the capitalist market (Wall Street) is about. ‘Pick A Path’ is American democracy as imagined and idealized. Fundamentally it is a recall of two small town government leaders (Mayor Chip Dutcher and Council President Marvin Block) in a recently designated city just a mile away from the borders of Intel-land. Of course it is about property values and future use based on the previous village history. Both Dutcher and Block stress their roots in the community which can be taken to mean they have owned their homes (and other local property) by choice, and the choice is Johnstown (aw shucks, you know us, we’re your neighbors). Both assume those voting will also own their own residence (if not more). “Redistricting reform made bad maps. What’s next?” certainly doesn’t answer the question. But it does give a play by play history of what made for bad maps and how the GOP mapmakers could thumb their noses at the Ohio Constitution and the Ohio Supreme court. Analysis finds the maps themselves, along with the article, to assume (along with the founding fathers) that voting is primarily for those who own property. The representative democracy voting districts are grounded in geography – property. “Census Bureau: 3.8 million renters will likely be evicted in the next two months — why the rental crisis keeps getting worse” gives context to the emphasis of property ownership and voting rights within contemporary Ohio. It is an article of statistics. “In the year before the pandemic, the country recorded a shortage of seven million affordable housing units for low-income renters, according to the Center for American Progress, creating a crisis that left just 37 affordable rental homes for every 100 low-income households looking to rent. And the homes that are available are often still out of reach. Rent rates are up nearly 25% since before the pandemic, with an increase of 15% in just the past 12 months, according to the real estate tracking service Zillow. Evictions are up, too, according to the Eviction Lab at Princeton University. In August, evictions were 52% above average in Tampa, 90% above average in Houston and 94% above average in Minneapolis-St. Paul.” The three years since have only aggravated the lack of availability of affordable housing. “The annual median household income for all renters in the U.S. is about $42,500, according to Zillow, 37% lower than the national median income of $67,500. As of early August, the Census Bureau reported that while 56% of renters had household incomes of less than $50,000, 24% of renters surveyed were paying more than $2,000 a month in rent. Nearly half of all renters — more than 30 million people — had been hit with rent hikes in the past 12 months, with 19% paying a monthly increase of $100 to $250, 7% paying $250 to $500 more and 4% needing to find another $500 a month to stay in their apartments.” Reading behind the lines of the Advocate’s front page stories one thing is overwhelmingly clear. Democracy in Ohio is reliant on and assumes property ownership. People who are without housing, as well as those in transition from one unit to another, cannot vote for their Ohio house and senate representatives, the very people who draw up the voting district maps.  In addition, they haven’t much say in the running of the municipality they find themselves in, be it Johnstown or Newark. Renters, along with those without housing, have little say in the distribution of services provided by the state, county or municipal government that collects taxes from them. In the end that tax money goes to subsidize corporate entities like Intel in order to assure “Jobs!” that provide the state, county and municipalities with more tax revenue. That’s how a capitalist democracy works.

We’ve Seen This Movie Before

June 24, 2022

            The nation’s news blockbuster this summer is God, Guns and Babies: God with the US Supreme Court ruling in favor of religious schools with equity of state public funding, Guns with the recent SCOTUS overturning of New York’s centuries old gun licensing regulation, and Babies with the Supreme’s latest hit single covering Roe. Is the reader beginning to detect a theme here? In Licking County Ohio the news has been pretty much a monogamous relation with Intel. Now Intel has floated the Idea of a possible split if they don’t get all of the expected dowry (kinda like old Elon Musk). Within the same week we get word that New Albany has agreed to a 30 year, 100% tax abatement for their suitor, Intel. Meanwhile, Intel has let slip that it won’t formally dive in without passage of the Chip legislation which has been languishing in congress. That legislation is to provide billions of dollars in federal subsidies to domestic micro chip manufacturers. No need to reference Fox Con’s Wisconsin debacle, heralded with much fanfare during the Trump administration (also another debacle, of a more sinister kind), and likewise on an enormous scale of jobs promised, economic redemption – Not! (but paling in comparison with Intel’s over the moon swooning) Licking County residents can’t tell if the current iteration of news they are forced to watch is a remake or rerun (does it matter?). They’ve seen it so many times before with the public private partnership deals made by JobsOhio, Grow Licking County, Newark Development Partners, as well as all the “just private” commitments to develop, only if the funding is provided by the state, county or municipality; usually in the form of tax credits (historic are the preferred genre), abatement or infrastructure subsidy, etc. They include, but are not limited to, things such as the Arcade, Central elementary apartments, “affordable housing” behind the north side Walmart (Not!), west and north Newark single family residential development, etc. All this involves community resources (public funding) used for the profits of private individuals (in archive news the Supremes designated corporations as individuals). It has all the earmarks of the “socialism” condemned by the right wing, free market fear machine. Only, because it is destined for Capitalist entrepreneurs, it can’t possibly be state sponsored socialism; more like state sponsored Capitalism which in the case of “Communist” China is considered negatively (how far off was Orwell?). The movie ends, as we all know, with the Intel tail wagging the Licking County dog.

Anticipation

June 12, 2022

            Intel is ever present with any edition of the Newark Advocate. There seems to be an entire industry devoted to the anticipation of an event being more important than the event itself (which may account for the eventual lack of actual planning since the anticipation of the event displaces the event itself. We rather prefer to plan for the anticipation). This characteristic of the American culture is to account for OSU football (and back to school) occurring in July, Halloween in September and Christmas at Halloween!  What was missing in the local news this past week was of a Newark March For Our Lives event. Although Newark took part in the original, this past week’s non existent event may be attributed to lack of institution, or interest. Unlike interest, which can wax and wane, institution covers the irregularities and gaps to provide a structure for the repetition of events like March For Our Lives. But then again, who funds our institutions has proven to be determinate of what the interest is. Nationally, in the news this past week, there was the initial presentation of the January 6 commission. Conservative critics, like David Brooks, say the effort is wasted – too much focus on the past, not enough addressed to rectifying the divisiveness of the present through future solutions. Analysis indicates the findings of this congressional commission to be akin to a lifeline. Without it there is absolutely no possibility of bridging the divide. Its findings provide a slender thread of closure. Would you prefer a lifeline of truth and facts, or one composed of lies? The same “emphasis of the future” was the criticism of South Africa’s Truth and Reconciliation commission’s activities. Focused on the past, it did provide a tangible basis for going forward. Analogous to this is our present Jan 6 commission in Washington. Sure, it would be great if the entrepreneurs of the insurgency were jailed. Without being cynical, but rather realistic, no one was ever jailed for the 2008 financial meltdown. Also no truth and justice commission investigated it. Maybe if there had been such an actual, in depth, day by day analysis, it wouldn’t be so difficult to locate the source of today’s out of hand economic inflation. Dealing with the uncomfortable at hand tends to lessen the recurrence in the future. But then again, American culture is all about anticipation, and the future.

The Sound Of Silence

June 1, 2022

“The Gap report released jointly by the Coalition on Homelessness and Housing in Ohio and the National Low Income Housing Coalition shows a deficit of 254,545 rental units that are affordable and available to the state’s 443,717 extremely low income households. That equates to only 43 affordable units for every 100 households.” The report was issued 4-21-22. It followed data available through 2020 and does not include pandemic related housing stress. As pointed out by the report, rents jumped by an average 11% in major Ohio cities in 2021 (now, well into 2022, probably higher overall). “COHHIO Executive Director Bill Faith called on state leaders to invest $308 million of the $5.6 billion in State Fiscal Recovery Funds that Ohio received from the American Rescue Plan Act to address the affordable housing shortage.” Remember Steve Stivers, former US Congressman from a gerrymandered district that snaked from the margins of Upper Arlington to the depths of south central Ohio? Of course you do. Who could forget his opting out of representing his constituents for a job with the Ohio Chamber, and the Trump intervened special election that followed? ““Employees need a safe, decent, affordable home to raise healthy families and be productive at work,” Ohio Chamber of Commerce President & CEO Steve Stivers said. “This one-time investment of Ohio’s Fiscal Recovery Funds on affordable housing will create jobs in the near-term, and will strengthen our workforce for the long-term.”” Duh? But Steve’s not alone in his public aspiration. “More than 200 companies and organizations are supporting COHHIO’s affordable housing plan, including the Ohio Chamber of Commerce, Ohio REALTORS, the Ohio Bankers’ League, CareSource, Huntington Bank, Nationwide Children’s Hospital, PNC, and the Ohio Apartment Association.” It would be curious to learn if Park National Bank could be included. After all, Licking County’s Commissioners have a bit of an identity problem round about now. With Intel and all the big bucks development in the western portion, are we an urban center or an “Aw shucks” rural enclave encroached by modernity? No matter, “Erica Mulryan, Director of the Ohio Balance of State Continuum of Care, which oversees the homeless system in Ohio’s 80 non-urban counties, said rising rents and the lack of affordable housing are making it more difficult to get people out of shelter and into permanent homes. “Our agencies’ rehousing programs depend on private landlords to help get people out of homelessness. But it’s getting harder and harder to find landlords who are willing to partner with us,” Mulryan said. “Ohio’s rural and suburban counties desperately need more affordable housing.”” Get people out of shelter? What shelter? The leaders of Newark and Licking County have opted to not-be-able-to-afford-it. Meanwhile, in the county with a rural/urban identity problem, Kent Mallet gave this Economic Statistic in his Newark Advocate Answer Man column roughly a month after the Gap report: “The total volume of sold homes in Licking County through four months was $220,078,195. That’s a 21% increase from last year and a 51% increase from two years ago.” As pointed out in the previous blog posting, the county has increased its revenue stream in the last 2 years. This, in combination with the State Fiscal Recovery Funds included as part of ARP, makes the “can’t afford it” excuse rather disingenuous. Hear that silence? It’s not the duo of Simon and Garfunkel, rather the trio of Bubb, Black and Flowers, Licking County’s Commissioners.

Unspoken, And Unaccounted For

May 24, 2022

            Lots of continuous daily news dominates. In addition to the ever evolving Covid pandemic, there is the war in Ukraine, the politics of elections – current, past as well as upcoming – and the economy. Can’t forget the economy with its inflation, for which the preceding are given as reasons for its being. And here in Licking County Ohio the anticipated Intel workshop stains the daily news no matter what the reason (Analysis would say “sweatshop” but that’s no longer possible with the clean suits and clean rooms anticipated). Accompanying the near daily Intel stories are headlines like “280-acre commercial, industrial development coming to Harrison Township” (The Newark Advocate, 5-23-22) and other economic “growth” news. It is easy to overlook the weekly “Public Records” news published by The Advocate as this feature, easily obtained by the paper because it is a matter of public record (like the police blotter), has also been around for as long as, well, public newspapers. The 5-21-22 headline read “Public Records: Jersey Township property sells for over $4 million.” Both the headline, as well as the sale price, is not unusual. The history of area sales has been trending in this region for quite a long time. Market sale prices are not a “cause” of inflation, but certainly contribute. Scarcity is a primary “cause” of market pricing. Inflation’s poster child is the plethora of over priced flat screen TV’s available for immediate delivery. But Analysis digresses. It is hard to find “affordable” property transfers in the public records anymore. Million dollar plus sales are multiple each week. Most transfers are for residences in the 300K to 600K range. Below 100K is the exception. One thing unspoken with the market and inflation is that those earning a commission are experiencing a windfall despite doing no more actual work (labor) than if there were no inflation. Such is also the case with Licking County Ohio. For each $1,000 in sale price, the county receives a conveyance fee of $2. Considering, with Intel and all, that million dollar properties are now the norm, unexceptional, the County is taking in a premium of tax revenue without any additional labor. When it comes to County infrastructure spending (the “labor”), the County primarily draws on ARP, Federal Infrastructure Bill funding as well as State Intel assistance. Isn’t it time for Rick Black, Tim Bubb, and Duane Flowers to give back, and pay forward by investing public revenue in affordable public housing? The relationship between those without a house (the homeless), the scarcity of available affordable housing, and the million dollar real estate market couldn’t be any clearer.

Olympic Schemes, Er, Dreams

February 6, 2022

            Much as it may come as a surprise to Whoopi Goldberg, the 1936 Summer Olympics was organized specifically to frame the superiority of the master race that was hosting them. Adolf Hitler was still somewhat stuck in the past by intending to accomplish this outcome (of racial superiority) through what manly man Charlie Sheen would call “Winning!” Hitler relied on past precedence to showcase this “winning’ as making for an irrevocable argument of dominance. Whoopi would be not as surprised to learn that the Third Reich’s Propaganda Minister, Joseph Goebbels, was way ahead of the curve in terms of framing the accomplishments of the Third Reich and doing what we call today “marketing.” Most would be surprised to learn that the closest of Hitler’s cronies, the self same Goebbels, was an exceptionally well educated man with what would be considered today as a high IQ. But Goebbels’ (along with Hitler) subordinated this mastery of propaganda for the end of “Winning.” Such was the still prevalent mindset of the 19th century well into the 1930’s. Today, with the 2022 Winter Olympics, the propaganda itself is the desired end. Winning is irrelevant. Whereas Goebbels tried to market his message to any and all comers, Xi Jinping confidently has chosen his audience strategically (much as gerrymandering chooses voters for the party that draws the maps). In a way, he is preaching to the choir. The Olympics (and its athlete participants) have been usurped, co opted as a spectacle to highlight the future. And the future is manufactured. China is the world’s manufacturer (the recent Christmas “supply chain disruption” confirms this). Everything at the current games presented to those privileged to look is manufactured – the snow, the ice, the robots, the robot prepared and served meals, the mountain, etc. The “winter time sports” is completely divorced from anything winter (natural or historic). Xi’s mastering and maturing of Goebbels origination by making propaganda the end (and leaving the “Winning” to take care of itself) is not only brilliant but very instructive and informative of the time we live in. The 2022 Winter Olympics is more of a World’s Fair than a celebration of seasonal sport. Global warming scientists say such spectacles are limited in site and duration. Analysis finds all this informative and insightful with regard to the recent projections of the Intel chip manufacturing facility in Licking County. Like the renovation of the Arcade in downtown Newark, it looks like it will happen as long as the public money is there. Should supply chain issues be once again assured, not so much. The curious analogy which the two Olympic examples suggest is that the reception of the announcement by local county and state leaders of Intel’s decision closely mirrors that of Goebbels and the Nazi’s in the 1930’s.  It is couched and mired in the past, the 20th century outlook with its factory production thinking. Whereas Intel’s disposition is more in line with Xi’s China, the future, and fabricating everything with no regard to context or surrounding. Intel will have its way no matter the burden placed on the surrounding community, be it water supply, environment, housing, traffic congestion, or quality of life.

One Picture Is Worth A Thousand Words

January 23, 2022

            The latest big news out of Licking County this past week also happened to make the national news. Intel is projecting to build (and install) a 20 billion dollar chip manufacturing facility (no, not the crunchy kind). It is to be located on the western border of Licking County with Delaware and Franklin Counties, just north of the New Albany business park complex. For someone visiting from Mars (no, not Elon Musk) it would only naturally look like an extension of Les Wexner’s New Albany (minus the white fence). Remember the multi million dollar freeway extension built specifically to link Les’s Easton with New Albany? But this digresses. Intel put out many “artist’s renderings” of the proposed project (does any reader recall the excitement over the artist renderings of the proposed “affordable” housing to be located behind Walmart on N. 21st St?). Most are from a drone cam point of view (surveillance is so today!). The prominent one being circulated the most shows a 7 story main building with the fab units receding to the zero perspective point in the back, and the main building surrounded by acres of parking lots (and cars) in the foreground. There is not a public transit kiosk or Disneyesque monorail terminal to be found. So much for IT being concerned with a carbon footprint, or building with the latter part of the 21st century in mind. No, it’s all going to happen by car over freeways, most of which lie outside Licking County. It is a race to the Los Angeles freeway rush hour bottom (or Boston, NYC, Chicago, or even, gasp, Cols.). But the breaking news announcement was staged in Newark, the county seat that identifies itself as just a small, all American town in the middle of a rural Ohio county. The fab plants’ location is a huge feather in the red MAGA cap of the county’s three GOP commissioners. It is something to continue the “Aw Shucks’ rural (us) vs urban (not us) identity paddy cake that has been going on for decades. Since the plant is on the margins of New Albany, and has access to CBus amenities, urban problems like affordable housing, child care, public transportation, hunger or access to medical care are someone else’s (what me worry?). The “Aw Shucks” rural small town of Newark can maintain its timeless aura, and appeal (like the pedestrian friendly downtown “destination” for which you need a car to access). Just so long as the 3,000 projected Intel employees pay the county taxes. JobsOhio has seen to it that Intel and its executives won’t.

Punch And Judy 2021

October 25, 2021

            In a news exclusive, Rolling Stone headlined: “Jan. 6 Protest Organizers Say They Participated in ‘Dozens’ of Planning Meetings With Members of Congress and White House Staff” (Hunter Walker, 10-24-21). The article swirls around the accounts of two anonymous individuals involved with the planning and organizing of rallies and events prior to the grand finale of January 6. The members of congress included “Rep. Paul Gosar (R-Ariz.), Rep. Lauren Boebert (R-Colo.), Rep. Mo Brooks (R-Ala.), Rep. Madison Cawthorn (R-N.C.), Rep. Andy Biggs (R-Ariz.), and Rep. Louie Gohmert (R-Texas)” as well as Georgia’s Rep. Marjorie Taylor Greene. Walker reports that in an email to Rolling Stone “Nick Dyer, who is Greene’s communications director, said she was solely involved in planning to object to the electoral certification on the House floor.” “Dyer also suggested the public is far more concerned with issues occurring under President Joe Biden than they are with what happened in January. “No one cares about Jan. 6 when gas prices are skyrocketing, grocery store shelves are empty, unemployment is skyrocketing, businesses are going bankrupt, our border is being invaded, children are forced to wear masks, vaccine mandates are getting workers fired, and 13 members of our military are murdered by the Taliban and Americans are left stranded in Afghanistan,” Dyer wrote.” Analysis finds that to be a pretty gloom and doom, negative and dire to say the least, assessment of America today. Shelves were empty, unemployment was skyrocketing and businesses were going bankrupt in 2020 when Biden wasn’t President. Just trying to steer the conversation like Youngkin is doing with school board controversies in Virginia? Perhaps. But Analysis is intrigued by the description of America presented by Dyer, not in the strategies of rhetoric. What if it is true? If it were true, one would expect the repercussions to be pervasive, across the board. September 2021 unemployment rate was at 4.8%, the lowest since before the pandemic. Supply chain issues are causing shelves to be emptied. Economist point to the pent up demand creating a tsunami of buying as one of the factors involved with this gap (and our methodology is as old as the extinct Sears Roebuck catalogue – we order it and expect it to arrive on demand). As for businesses going bankrupt, as of this writing the S&P was at 35,700. It has and continues to rise. In the past that would be an indicator of confidence in the ability to make money in America. But wait, didn’t we just assume that Dyer’s description of America was true? If the dire assessment is so, that conditions in America suck, then what creates the rising value of stock certificates, continuously increasing the wealth of the 1% who own most of it? Analysis finds a disjunct between what Dyer says (as spokesman for MTG) and what the financial wealth actually being made and determined says. Analysis finds that, true or false, Dyer is trying to steer the conversation (and have MTG benefit from the fear and anxiety it creates). But Analysis also finds that, true or false, the controversy and strife caused by “the conversation” has not dampened the ability of the wealthy to make more money from their money. It seems that the greater the chaos and crisis, the more opportunity there is to reap financial reward for those not caught in the fray. Analysis finds it all to be an obverse Punch and Judy Show, where the puppet masters are heartily enjoying (and benefitting from) the spectacle of their audience pulling each other’s strings while beating themselves senseless.