Eva Longoria revealed this week that she and her family have moved out of the “dystopian” United States, now splitting time between Mexico and Spain.
intercst
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We seem to be having a battle for power between the establishment Republicans who want to dismantle SS, Medicare, Medicaid and environmental regulations, somewhere to the right of Reagan, and the farther right republicans who want to do all of the above plus establish a dictatorship. Sounds dystopian to me.
I feel like I am coming to places like this to rearrange the deck chairs on the Titanic because I am helpless to stop it from sinking.
The richest and most powerful of us can choose to rule here or somewhere else.
Ispouse and I have a paid-for house in a small city and I have hundreds of miles of mountainous hiking trails available to me at the moment that I will continue to seek refuge in - at least until they start selling the national parks to developers.
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Look on the dark side as people lose healthcare the government will have them die fast.
Some would call that murder.
We will save money for the rich. OFW
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I read that such a proposal is in the works, carve areas off of parks, so the land can be sold to mining, timber, and developer interests.
Steve
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I expect that everyone will calm down in a few months.
In 2016 California was threatening to Secede.
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Operative description of who/what called for it: “fringe political group.”
Pete
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Interesting. Its easy for the wealthy to have multiple homes and declare their residency somewhere with favorable laws–especially tax laws. A standard response to a tax the wealthy plan.
But that was the plan of the other party. Did someone not get the news that the tax cuts for the wealthy people won this time?
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I expect most people like you will see things in a 180 some 24 months from now.
The inflation is going to be killer.
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Most of the guess-timated prognoses I am reading/hearing fail to account for the key role of chaos creation in what is coming.
I do not know what will come down, and I do not like most of what I see as possible likely.
d fb
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California is one of the few states that could easily thrive as it’s own country.
And it’s a “donor state” (i.e., it’s residents pay more in Federal taxes, than they get back in Federal benefits and Gov’t contracts. Seceding would be a financial win for them.
intercst
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Seriously scoffing, sneering, and chiding CA does not make anyone’s counter-opinions more serious. It just says you can not discuss your opinions by the light of day.
Do you think the inflation between 2025 and 2029 (next 4 years) will be higher or lower than the inflation between 2021 and 2025 (last 4 years)?
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Are you allowing for the nearly guaranteed 20% bump in prices due to the tariffs?..oh yeah, those evil foreigners will pay the tariffs…
Steve
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If history is any guide, we will pass more tax cuts which will increase an already absurdly high $35T deficit to a new absurdly high number, we will blame liberal spending for those deficits rather than seriously cut spending, which will be inflationary. If we impose widespread tariffs, it will be inflationary. Deportations of workers will be inflationary. The Fed, which has had to manage the economy single handedly for twenty years in the absence of coherent fiscal policy, will be forced to tighten which historically offset all those other factors. But if the Fed submits to political pressure like it did in December 2018….inflation even worse than the last 4 years.
But how can anyone make a meaningful prediction before the powers that be start acting? We will know more next spring.
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They are working to pass extensions to keep from shutting down the government. But so far no one is talking about the deficit.
Is it time to call or write your Congress person and Senators?
Give it your best shot, but I am guessing that deficits don’t matter and won’t matter for at least four more years. Only the shadow knows for sure.
As of today, the markets still take their direction from the Fed. Inflation came out a little high, the Fed signaled a potential slowdown in the pace at which they will reduce interest rates, and stock prices dropped a bit. It seems to me that short term perturbations in the markets since 2009 have all been dictated by monetary policy in the absence of fiscal policy. With deficits at $35T and rising at an accelerating rate, it looks like the universe itself - somehow simultaneously infinite and expanding at an accelerating rate.
Last four and next four. It seems to be the new norm. 
DB2
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Last four? Seems like it’s been longer.
When tax cuts have been passed without spending cuts, when spending has increased without raising taxes…neither party has been serious about managing the deficit for decades.
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Clinton was the last one. But in 2010 there was a bipartisan deal struck between leaders of both parties in Congress to raise taxes and cut spending. But there were too many hard choices that were unpalatable to their bases, so they reneged on the deal. That rarely talked about moment in history may have signaled the end of fiscal restrain and a new era in which the U.S. became a casino that prints its own money.
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