Conservative outrage du jour. http://hotair.com/archives/2015/01/07/white-house-couldnt-be-sure-at-first-if-paris-bloodshed-was-a-terrorist-attack/ Didn’t we go weeks before the President called Benghazi a terrorist attack? Maybe this is an example of Obama unbound, and it caught Ernest offguard. But really…this probably isn’t a case of Ernest or the administration initially giving in to an instinct to not offend Muslims. It’s that the administration usually declines to use the word terrorism, eg Ft. Hood, Benghazi, because they don’t want the observation to stick that they’ve been lax in their security efforts. So Ernest basically has a rule, never use the T word, even if it’s totally obvious, until we can figure out if someone can make political hay over it. Now this was in France, so there’s no hay, and so Ernest can cease obnoxious dissembling.
Politically, this probably does require an explanation. http://theweek.com/article/index/274544/the-gop-said-obamanomics-would-kill-the-economy-it-didnt-now-what I still think the practical answer is that the American economy is naturally buoyant and given its druthers will return to a state of vigor. 6 + years down the road from the problems of 2008, after 4 years of stability that comes with gridlock, we’re back to a bit of vigor. Voila. But it’s hard to explain this way, and you do get some sense that Republicans will be in the position like that of Democrats who claim the 80’s were bad economically. Not a lot of believers for it.
I was thinking yesterday….In the 90’s I was a young man starting out, I was in my 20’s for most of the go-go 90’s. And I got my foot in the door so to speak, I got past some barriers to entry that the young face. But I didn’t materially prosper so much, as I was working my way up from a low starting point and I owned little. It was the boomers, by and large, who seemed to materially prosper in the 90’s. They were of an age where they were ripe to do so, they were in their 40’s, in the sweet spot of life with a lot of energy. And as there were so many of them, the boomers imposed their will on the zeitgeist with the economic boom being a function of demographic self-fulfillment. How’s that for a sentence.
Given proper conditions, you wonder if that can happen now. Xers at 45 have as much energy, and Yers at 45 will too, but there just aren’t as many of us. But if you assume the outlook is dour because of this, I do think you’re thinking only in Caucasian middle class terms. I do wonder about the relative age of the immigrant population. I think they are youngish. If they get mainstreamed and experience their peak earnings at 45 – 50 like everyone else, they’ll be a boom / boomlet, and everyone in the economy prospers.