JUST
BLOWING MY HORN.
According
to rational expectations and hypothesis, people do not make errors in a systematic
form. People make errors, but are able
to correct them instead of repeat them.
Therefore, they can fall back on their sense of logic to bring the best
out of most situations.
Sometimes,
one rises above the base instincts, but it is often at a bloody cost. People become sorry they tried, especially when
the reaction that results is terrible. The rational expectations are that experts
will never make forecasting errors and the economy will always remain at the
full-employment level. However, we live
to find that experts are humans just like everyone else.
The
political deal is that there is an improvement, but so did a new kind of wage
slavery. Everything changes when working
people grew too powerful, and unions too corrupt, jobs do and will continue to
move overseas, where labor is cheap.
America is trying as the third world watches and emulate. In this land of dreams, are two elephants that
star each other to a standstill and there is a backlash. The logic behind these two giants is that if
one is ruling, the other will make things hard to make the ruling giant seem
ineffective.
Programs
that are supposed to be established by the ruling giant to help small
businesses and people are analyzed, overanalyze, and put on hold. The frustration shows in the failing businesses
and masses that are not getting what is promised them. The fighting by these two elephants tears the
ground and brings down trees.
Regardless, things do work in spite of the fights. However, it would work better if there were
fewer obstacles in the way of good programs.
Now, the two giants are squaring up again. Accusations against counteraccusations fill
the airwaves. America which way is
up?
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