The Money Dread, Redux

Like everyone else I know, I grew up—really grew up, if I’ve ever actually grown up—in the Reagan 80’s. Take my childhood, please. Actually, it wasn’t all that bad. During the extreme periods of boom and busted, pro and convicts, the majority in the middle seldom feel the pain, they rarely see the cocked fists and hoisted heels. It’s the people on the poles, the haves and haven’ts, who taste the changes the have lesses can afford to ignore.         

But now, after the 90’s—on the verge of oblivion, as always—we see ourselves being borne ceaselessly into the past. Same as it ever was. Those who have (as always) have more money than they know what to do with; they’ve gotten so good at counting it they need to make more just to keep up, they keep making it so that they will still have something to do. Capitalism isn’t wrong, but neither is intelligence: you cannot spend money and make money; someone is always paying the tab (and it’s usually the poor suckers who can’t spend it who take it in the ass so that anonymous, ancient bored members can pulverize their portfolios). It’s all about numbers. Like an army, like America. Whether you’re a company or a cult (like an army, like America), you simply want to amass enough manpower so that nothing else matters. Quality? Integrity? Originality? Nice, all, but they’ve got nothing on the numbers. When you’re big enough, you don’t have to beat anyone up, your rep precedes you and quells all contenders. You don’t have to fight anymore. Safety in numbers, sure, but there’s more at stake than simply survival—people are trying to make money.

In the 80’s, or any other time (like, say, today), you see the fat-walleted fuckheads trying to multiply their millions by any means necessary; they didn’t just disregard the reality of putting their foot on nameless faces to divide and conquer, they reveled in it. It wasn’t personal, it was strictly business, and it wasn’t their fault they excelled at it, it isn’t their fault they were born into this. The only responsibility they had was to ensure that all this affluence they had no part in amassing stayed safely outside the reaches of normal, taxpaying proletariat.

Let’s face it: it’s not as though the five or six folks who actually flip the switches and decide who gets what (after, of course, they’ve had theirs) ever consented to that sudden, and by all accounts inexplicable, turn of events in the mid-to-late ’90s. But that’s the thing: they couldn’t help it. They never saw it coming. I definitely didn’t see it coming. Yet, I saw it every time I looked at co-workers who looked like they just learned to shave: who could possibly have predicted this? The guys that—if they were lucky—were going to be chain restaurant managers and counter-jockeys at Radio Shack suddenly with keys to the kingdom, because they understood how the world-wide-web worked. The dot.com revolution was all about democracy, at least until we discovered that we were playing with Monopoloy money. And you better believe those unsettled old sons of bitches saw it too, (the people who play Monopoly for real don’t appreciate it when other people play their game) and became very interested in redirecting wealth back into the hoary hands of those used to handling it. How, they must have stayed awake during the day worrying, can this country continue to run right when so many regular people start getting involved? It happened before, in the 20’s, and if they had to eliminate alcohol for a few years then maybe it’s time to start confiscating computers. Or maybe we need to unplug the fucker, they thought.

Fortunately, a miracle occurred; all their prayers were answered. The country, led down the path of least resistance by the best and the brightest, soiled itself and we settled quickly into the next great recession. A gigantic reset button for those whose idea of trickle down economics is pissing on the collective heads of the middle and lower classes.

And now we’re back to the way we were: everyone is scared to lose their job these days, and it’s for all the wrong reasons. The lucky people who have jobs, that is. It’s back to paying bills and feeling the dread of not having you-know-what. For the few and the fortunate, it’s all about the money, because nothing ever changes. The money this and the money that. It’s not exactly a religion, it’s even better: You lose money to make money, you make money to make money, you take money to make money, you make up anything—to make money. Right now, as the new century sucks in its gut for the changing of the guard, unearned money hangs heavy in the air like encouraging ozone: a soft rain’s gonna fall eventually, inevitably, and everyone will wonder why they’re soaking wet and insolvent. Oh, wait, that already happened? Check them out: their fattened wallets broke their falls.

Check us out: we’re still playing the same game.

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Tar and Feather Time?

From Truthdig, courtesy of RJ Matson (The St. Louis Post Dispatch).

Not much to add here, but something does occur to me. The tax cut maniacs are single issue obsessives for the simplest of reasons: tax cuts don’t work. Lest that sound too cute by half, or like I’m invoking some Orwellian doublespeak, it’s much less complicated (and more insidious) than that. This mantra (that tax cuts spread wealth, create jobs, and stimulate er…the economy) has proven to be patently false, often, in spectacular fashion. First during the Reagan years, and now during the Bush catastrophe. Indeed, even now it is screaming out its impotence right before our foreclosed eyes. But here’s the rub (literally): the folks who propagate this myth and define this debate (the ones with actual power, not the millions of beguiled True Believers who continue to blame the government instead of the scheming autopilots who intentionally debase it) have little to lose and quite a bit to gain. Put simply: these folks are not merely shameless and without souls, they are also remarkably shrewd. It’s not that they actually believe increased and unceasing tax cuts, particularly for the wealthiest percentile, are viable in any demonstrable way; it’s precisely the ways they fail as a strategy that makes for such a win/win proposition.

Check it out: in the short-term, tax cuts put more money in your pocket. Well, at least if you’re wealthy. And the wealthier you are, the more money you get. See? The other folks, not so much. Sure, it seems swell to get that extra few hundred bucks, but those Benjamins are not going too far when, at the same time, your health care premiums have doubled. Or additional benefits are cut at work. Or your credit card interest rate is jacked up. Get the piture? But here’s the ugly beauty: these cretins know it will cause the economy to bloat, then implode. And that’s usually the time a Democrat gets called in to clean up the mess (see: Carter, Jimmy; Clinton, Bill and Obama, Barack). The more indebted the U.S. is, the more government programs get cut, and the less efficient government is as a result. So that Republicans can point and say “See? We keep trying to explain that the big, bad government isn’t going to help you; and do you want these inefficient programs taking hard-earned money out of your pockets?” And the cycle continues again.

The spin always outperforms the true story. We’ve seen it before (there were people, then, and there are actually people, now, blaming FDR for making government too intrusive; there are people, discussed here recently, who point to the “Reagan Revolution” as a time when the free market prevailed and prosperity abounded, despite all annoying evidence to the contrary), and we’ll see it again. In fact, we are already getting a taste: listen to the blowhards bitching about the Big G (Government); nevermind that the size of government increased the last 8 years.

Look: politicians of either party will always be politicians, and to a certain extent, people are people, no matter who they vote for or what they believe (because the bottom line is, the overwhelming majority of us have to work and pay bills and our taxes are non-negotiable). Or to put it less kindly, we are all of us sheep, hoping the grass in our pen doesn’t stop growing. And that’s the way it’s always been, so there’s nothing really to begrudge: it takes people to make a democracy, after all (like, literally: no matter how mendacious or benevolent the party in power at a particular time, without the citizens, and our taxes, our labor and our consensus, we glide right past aristocracy and into oblivion). The only folks we can, and should, reserve our contempt for are the relative handful actually in power, often scheming behind the scenes: the ones who can make or break lives with the policies or decisions they implement; the ones fully aware how much their temporal and short-sighed intentions affect innocent lives. Those are the ones for whom we should break out the tar and the feathers.

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