Dying canaries

I have said before, one idea I have is that we are finally starting to see the real effects of 37 years of GOP control. In the 80's there was the oil glut with pumped huge amounts into the economy so soon after the OPEC embargos of the 70's. Along with the long delayed recovery people coasted through the 80's on easy credit while the middle class and lower's pay began to stagnate. Then with NAFTA and other "free" trade deals in the 90's and we really began to see the gutting of decent paying jobs. Almost every job created was at lower pay, lower benefits, less stability, the loss of the idea of pensions. When we get to 00's we see the monetization of home loans and suddenly everyone can get a home and tons of easy credit. All through this time we keep seeing the off shoring of jobs begin to creep further up into the economy beyond just manufacturing. Once the 08 meltdown hits, bills become due. Suddenly there is no more credit and since 2009 we have not seen it relax much at all for most consumers.

All sound like crap right, all made up?

Let me make my case

The troubles at the American mall are coming to a boil

Why 2016 Has Been a Lousy Year For Restaurants

Applebee's, TGIF Fridays, and Chili's are trying to claw their way out of a restaurant death trap


What do all of these have in common? They all depend on the middle class and lower for their sales. The malls that cater to the rich are doing just fine. Hear of any high end retailers in trouble? The band-aids are gone folks. The fact that the middle class has actually lost ground economically over the last 37 years can no longer be hidden. And given the inept way Trump and company are bumbling around their fuck ups could kick the GOP poor into action and see who is really screwing them. They already got a taste with Trumpcare v1.

ADDENDUM

Looks like I might not be so wrong?

America’s Retailers Are Closing Stores Faster Than Ever