America's Sociopath "Elites" Are Out of Economic Tricks

America's Needy vs America's Greedy

Addendum:

Too many Americans always assume that intelligent people have everyone’s best interests at heart and that any technologies and notions they advance and advocate in the name of “Progress” will solve all of the people’s difficulties and social ills without causing any pain, and yet over the past few decades the consequences of illiberal “liberalism” and the “progress” attained by it has revealed the exact opposite. If their ideas bring great benefit to others, they really don’t care, just as they don’t care if they bring great harm, so long as their needs and agenda are ultimately met and fulfilled.

We’ve left behind a government of, for and by the people many long decades ago, and it only became truly clear for many during the advent of the Obama era. And no matter how one looks at it, Republicans / RINOs have played their own miserable part in bringing America to this miserable juncture in time.

And the talking heads and clowns putting out their public relations Propaganda campaigns have managed to dupe Americans into accepting Marxist mechanisms into the system and embracing Keynesian economics and the Modern Monetary Theory. They have convinced far too many to go along for the ride on this unstable hyper-state carnival ride of spiraling inequality and squandering resources in the name of growth as a permanent feature of our system and something inevitable.

Our so-called “leaders” have done the American people and future generations a great disservice by way of their treasonous fiscally irresponsible ways over the past 60 years, and what will come over the horizon both politically and economically will be terrible, horrific even, for those unfortunate enough to get caught in the circumstances of the times.

~ JOS

Most of America cannot afford a three-bedroom home on the salary of one person, since the mean average salary is approximately $60k per year, an average three-bedroom runs about $350k and forty-seven percent of Americans make less than $100k per year. The economy is far from good for the average American, who is still struggling to place food on the table, pay utilities, put clothes on his children's backs and buy groceries, not to mention those twenty-five million households that are scraping by on less than $32k annually -- paying rents on average of two thousand dollars a month and forced to take in boarders. And yet, as the national debt surpasses $37 trillion dollars, President Trump is pressing the Republican majority senate to pass his Big, Beautiful Bill which adds trillions more debt, ensuring higher inflation in its wake should it pass as is.

Yes, the immediate current inflation rate has decreased for the moment, thanks to the Trump administration's economic and energy policies, but the accumulated inflation since Trump's first term is massive and has done its damage. No matter what Trump wants to suggest about how "I brought inflation down", he and Traitor Joe and their respective Congresses are directly responsible for the inflation that followed $7.5 trillion in spending under Trump and $8 trillion more under Biden.

Just in a one block area of my little neighborhood, one sees several households serving as shelter for either two and three families of grown children remaining or returning to their parent's home because rent and home ownership is out of reach at this time in our nation's history. This is a far cry from the 1950s when one man's salary was enough to meet the basic costs of living for his family.

In many parts of America, approximately half of over 770k homeless people actually have jobs and are working, according to the United States Interagency Council on Homelessness. They are living in campers, tents, and automobiles, because that's all they can afford. As we note that a pound of ground beef averages $5.80 a pound, one must also understand that the cost of living has risen much faster than people's wages, and it hasn't helped that our U.S. dollar isn't worth the paper it's printed on. The middle class is still being destroyed, and economic pain has hit everyone in the country, especially the poor.

Add to this the fact that the true unemployment rate in America was over twenty-four percent in April 2025, according to a report released by the Ludwig Institute for Economic Prosperity in April 2025, and it is obvious to anyone that the American people on the whole are hurting. Sixty-seven million Americans currently receive welfare benefits.

Grace Hall, writing for the Miami Herald in April of this year noted:

"Recent data has revealed significant changes in the labor force participation in the United States during the Biden administration. Nearly 90% of new job growth since early 2020 reportedly went to migrants. Of these, approximately 60% were illegal aliens.

Center for Immigration Studies researcher Steven Camarota wrote, 'All this at a time when a near-record share of working-age U.S.-born men remain out of the labor force.'

Immigrants secured over 4.7 million jobs, while native-born Americans gained approximately 645,000 jobs. As of April 2024, approximately 43 million working-age native-born Americans were not in the labor force."

It isn't any wonder so many corporations were telling American workers who asked for raises that they could work without a raise or hit the road. In the construction fields it's been a running joke as foremen tell their workers to put a jack under their ass if they want a raise, or words to that effect.

So, we persevered as we watched the U.S. economy circle the drain and many of us recalled when the U.S. manufacturing base was murdered in the 1980s, sent overseas to ramp up globalization and the outsourcing of what used to typically be American jobs. And past presidents and elected-officials tried to tell us all that Americans could do well as service workers, as whatever that transition was supposed to look like revealed itself to be an ugly failure and nothing that was promised.

Every hardworking, self-respecting American, everyone in the world, who has ever been down and out and broke beyond broke in every real sense of the phrase knows just how debilitating money-worries can be.

And then we have the Millennials and Gen Z generations between 18 and 30 years old who have been so protected, shielded and coddled that they grew up lazy and more entitled than one can hardly believe or even begin to comprehend. They can lay down next to a ton of work, as someone else gets it done, and then awaken, stretch and ask the job foreman to go get them a large coffee and a dozen Krispy Kreme Donuts. They have a golden platter approach to life, many of whom attended college only to emerge without a degree or a useless degree and no real-world life skills, complaining about their low paying job at the local convenience store.

This general malaise within American youth and the lack of desire to achieve anything of real worth, to be strong and independent and to give an honest day's work for an honest day's pay really is another side of the economic coin that must be addressed, if America's future is to ever look any brighter.

In the meantime, nothing has become more apparent than the fact that the income gap between America's poor and wealthy has grown by leaps and bounds. New data was revealed by the Wall Street Journal that detailed how one trillion dollars was created for the nineteen wealthiest households in America in 2024, which includes Elon Musk, Jeff Bezos, Mark Zuckerberg, Bill Gates and Warren Buffett. One trillion dollars -- more than the value of the entire economy of the nation of Switzerland -- and these nineteen have a combined net worth of $2.6 trillion, as much as 110 million Americans, which seems to be of little consequence to far too many in Congress on both sides of the political aisle.

We don't hear any complaints coming from the top One Percent who regularly receive subsidies for major projects and have their own market niches regularly protected. But they will all cry and gnash their teeth when the bottom fifty percent of wage earners demand more, as if to ask "why oh why aren't these ungrateful people overjoyed to own 2.4% of America's wealth".

At least Musk had the decency to call out the situation for what it is on June 2nd 2025 in a tweet:

"Mammoth spending bills are bankrupting America! ENOUGH."

But this became the rule of the day for America after the 2008 economic collapse, which very nearly completed the upending of the American capitalist system. Companies that had acted completely irresponsibly with their investment portfolios were handed the taxpayers' hard-earned money to bail them out and prevent them from having to declare bankruptcy like any ordinary person would be forced to do. Rather than allowing these companies' creditors to bear the burden of the faulty contracts and agreements they had entered, they were allowed to escape all responsibility as their debt was simply placed into the national debt, along with a $787 billion stimulus bill, and America soon witnessed the first ever trillion-dollar spending bill for a single year under the Obama administration.

Rather than rebalance a corrupted fascist economy and the federal U.S. Treasury, the powers-that-be that subscribed to the notion that "we must temporarily abandon the free market economy in order to save it" decided to financialize private debt and transfer huge sums of American wealth overseas to foreign creditors who had invested in these U.S. firms. After the housing bubble burst, some extremely corrupt federal officials worked very hard to rape America and take every last penny they could steal, shoving the throttle of spending and debt to full speed ahead, as they maintained the illusion of economic stability through public relations policy tweaks and continued to financialize debt that by rights was not the American people's debt to carry.

The sociopaths in Congress, the White House and Corporate America never care who ends up with the losses, just so long as it isn't them. Their main intent always seems to be to maximize gains and minimize losses by forcing those losses on others by any means available, and it is almost always those people of "the middle class" who can least afford it who ultimately are left bearing the burden.

Posting on Truth Social in the first week of this month, President Donald Trump sounded virtually indistinguishable from every far left Democrat Party Communist I've ever heard speak on the economy, as he essentially embraces Keynesian and Marxist economics once again and touts the wonders of the Modern Monetary Theory, writing:

"I am very pleased to announce that, after all of these years, I agree with Senator Elizabeth Warren on SOMETHING. The Debt Limit should be entirely scrapped to prevent an Economic catastrophe. It is too devastating to be put in the hands of political people that may want to use it despite the horrendous effect it could have on our Country and, indirectly, even the World."

Trump's words are fallacious and deceitful at best, in this instance. He speaks of people who desire fiscal responsibility as if they would somehow wreak havoc on the country's economy, as he seemingly suggests if only America could eliminate the limits on profligacy, then the nation could borrow $10 trillion, $20 trillion and as many trillion dollars as the U.S. Treasury printing presses can churn out. This certainly isn't putting America and Her people first, and rather than a path that leads to great prosperity for all, this way leads to economic collapse and poverty for all -- think the Weimar Republic when a person needed a wheelbarrow full of cash just to buy a loaf of bread.

For the moment, it appears America is coming to the end of the road when it comes to the economic largesse it has enjoyed for the better part of the past century, as the nation struggles to collect enough resources to fund the minimum amount to satisfy the sociopath "elites" within the current fascist economic system and the bottom ninety percent of the American population, which has our country jumping through hoops at the moment to remain solvent, and the bills are coming due like a runaway train. The solution has always been simple for those who cannot face the hard proposition of actually cutting the federal government's spending: print or borrow trillions more dollars to fund the greed of the sociopaths in the Swamp and the Deep State and whatever it takes to keep the American people from raising up in rebellion against their illiberal, tyrannical control and the massive greed and corruption that has brought so much harm to all America.

I don't know just who exactly has Trump's ear at the moment, but it certainly does sound as though he has once again been captured by some of D.C.'s Swamp Creatures, or he just cannot contain his old inclinations and Big Spending, Big Government, Yellow-Dog Democrat, New York "Liberal" ways [read Socialist ways]. He never has been a conservative, and there's absolutely nothing conservative or traditional Republican about his Big Beautiful Bill, as it currently stands, unless the Senate gives it a good hard tweak before it finally passes it -- probably in August.

While it is quite likely that President Trump is quite sincere in his desire to save America by making Her resource wealthy again and decoupling from those trade "partners" that are a drag on Her economy, as well as resetting the monetary system in a manner tantamount to a debt default without the consequence of disappearing money, some of his recent actions seem counterintuitive to anything that actually has the desired effect. It makes one wonder if the overall plan is in fact to simply print trillions more fiat dollars until the U.S. dollar collapses completely, in order to usher in the Central Bank Digital Currency that he has initially opposed. If this happens, it will usher in another era of greater tyranny in America and the end of individual liberty.

There are not any real mechanisms or tricks left to fund both the greed of the few and the needs of the many. One million eight-hundred thousand Americans -- the One Percent -- own five times as much as 170 million Americans -- the bottom fifty percent. That's some ugly pandemonium dressed up as stability and hidden behind smoke and mirrors. And it is this massive wealth gap that currently makes the reshuffling of the social order -- once thought impossible -- not just possible but quite more than likely inevitable.

Interesting, dangerous and hard times lay ahead for us all… But, if things keep going as they are, it doesn’t really look like anyone is going to have much of a real future in our country, at least not a very easy or prosperous future!

~ Justin O Smith