Tag: economics

SubscribeStar Saturday: End-of-Decade Reflections; Age and Class

The Portly Politico2 Comments

Today’s post is a SubscribeStar Saturday exclusive.  To read the full post, subscribe to my SubscribeStar page for $1 a month or more.  For a full rundown of everything your subscription gets, click here.

Today’s post is a bit of a counterpoint to yesterday’s Trumpian triumphalism—not a repudiation of my own points, but a mild qualifier.  Yesterday’s post discussed the hard numbers behind the Trump economy, and the enormous gains in the S&P 500.

I argued that, unlike the “sugar high” years of the Obama Fed—when stock prices soared, but wages remained low and unemployment high—the growth we’re currently enjoying more accurately reflects the reality on the ground.  Americans are benefiting in their 401(k)s and their IRAs, to be sure, but they’re also enjoying higher wages, and more of us are working than at any point in our history since 1969.

All of that is true, and good.  But as I wrote yesterday’s post, I couldn’t escape the nagging feeling that something is still off.  There remains a real disconnect between the prosperity we see both in reality and on paper, and the sense that there is a lack of prosperity.

Since popular politics is a matter of emotions and feeling far more than it is about reasoned discourse, addressing that enduring sense of economic disparity and privation is critical.  My foolish but troubled generation, which came of age and fought for jobs during the Great Recession, perceives that gap profoundly—with potentially major consequences for the future of the United States and the West.

To read the rest of this post, subscribe to my SubscribeStar page for $1 a month or more.

God Bless Us, Every One: The Gift of the Trump Economy

The Portly Politico1 Comment

Christmas Week is always full of blessings.  Thanks to the good folks at pro-MAGA news aggregator Whatfinger News (and a helpful tip from photog of Orion’s Cold Fire on how to submit links to them), The Portly Politico has seen its best week in terms of traffic all year.  Two pieces, “Napoleonic Christmas” and “Christmas and its Symbols” made the main page, leading both to surpass my previous top post for the year, “Milo on Romantic Music.”  Apparently, people still get riled up about Napoleon.

It’s also been a wonderful opportunity to spend time with family and to overeat lots of delicious, rich foods.  If you’ve never heard of the Appalachian delicacy “chocolate butter,” do yourself a favor and look it up.  Yes, it’s even better than the name suggests.

Of course, all of that good cheer requires a solid financial foundation.  And in his three years in office, President Trump has shattered records for unemployment, wage increases, and economic growth.  Economics isn’t everything, but the Trump economy is something for which we should give thanks.

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Lazy Sunday XLI: Food

The Portly Politico34 Comments

‘Tis the season for excessive consumption, dear readers.  For a blog with a synonym for “fat” in the title, I’ve yet to feature a Lazy Sunday about food.

Well, that’s about to change.  Here are four succulent pieces about food—and my favorite vice, gluttony:

  • “#MAGAWeek2019: Fast Food” – One of the pieces from MAGAWeek 2019 (all exclusive to my SubscribeStar Page with a $1/month subscription), this little essay is an ode to the glories of fast food.  Fast food truly is a modern-day miracle, bringing together advancements in agriculture, food preparation, logistics, etc., into one gloriously low-priced, high-fat package.
  • “The Future of Barbecue” – The inspiration for this post was a piece at the Abbeville Institute, which detailed the deleterious effect of “mass,” or mass-market, barbecue chains on mom and pop barbecue joints, as well as the tradition of community barbecue.  It’s one of the many interesting chapters in the negative consequences of unbridled economic growth and efficiency at the cost of tradition and community.
  • “Shrinkflation” – Another SubscribeStar Saturday exclusive, this piece examines the shrinking size of beloved foodstuffs.  Did you know a two-liter Coke isn’t really two-liters anymore?  Ever noticed how Twinkies don’t seem as big as they used to appear?  Well, in an effort to cut cost (and, presumably, to bamboozle consumers), many food processors cut the sizes of their products in order to hide cost increases from customers.  I’ve had the gnawing feeling lately that the future we live in is far less amazing than it’s supposed to be; here’s another example of reality disappointing us yet again.
  • “Bologna” – I was really stretching when I wrote this post (just this past Friday), but, well, I love bologna.  In our current age of hyper-politicization, even the sandwich meat we consume says something about socio-economic status and our outlook on life.  Bologna is the humble mystery meat of the workingman, and I cherish its delicious, cost-effective flavor.

That’s it!  I’m looking forward to stuffing my face with gleeful abandon over the next few days (you know, to celebrate the Birth of Jesus).  Then I’ve got to reverse course; my jeans are ever-snugger, and my double-chin has slowly made a comeback.  Yikes!

Happy Eating—and Merry Christmas!

—TPP

Other Lazy Sunday Installments:

Size Matters

The Portly Politico2 Comments

The big Christmas concert has come and gone.  It was pretty wild week, but now we’re on the downward slope.

When I first started doing these little Christmas concerts, we had maybe 100 students at the school.  There were no dance classes, and drama was kind of tacked onto English.  The focus was on the music, and in such a small environment, everything was simpler:  setup, planning, logistics.  It was all accomplished more informally.

Now the student body has nearly tripled in size.  With that growth has come added complexity.  Put it all in a gymnasium during basketball season—the sport third to only baseball and hockey for numbers of games and practices—and it makes for a herculean task.

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Rationing and Abundance

The Portly Politico1 Comment

Today’s post is a SubscribeStar Saturday exclusive.  To read the full post, subscribe to my SubscribeStar page for $1 a month or more.  For a full rundown of everything your subscription gets, click here.

Thanksgiving and related observations have been a running theme this week.  Thanksgiving reminds us of how much abundance we truly have.  It’s hard not to recognize when there are tables full of fattening, succulent dishes, enough to rival the feasts of medieval kings.

In spite of that marvelous abundance, however, rationing is still very much a reality.  The inescapable fact of economics—indeed, the whole purpose of the field—is that there are only so many resources to go around, and societies struggle to figure out how best to allocate those resources.

This problem is particularly true when it comes to our most valuable resource:  time.

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SubscribeStar Saturday: Shrinkflation

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Today’s post is a SubscribeStar Saturday exclusive.  To read the full post, subscribe to my SubscribeStar page for $1 a month or more.

When Americans experience a sense that the world we live in is not what it should be, we’re often scolded for not being thankful for all of our material abundance.  Indeed, we are extremely blessed to live in an age with plenty of food, infrastructure, and novelties, and we accordingly enjoy a standard of living beyond the wildest dreams of most of our forebears.

That said, there’s a nagging sense that, for all that abundance, things are amiss.  There’s a strong tug of to that undercurrent among conservatives today.  Material abundance is great, but it hasn’t addressed deeper moral problems or battles in the culture wars, because those problems aren’t materialist in nature—they can’t be.

Even within the plane of the material world, things seem a bit off.  That was the crux of my post about the new Mustang, a redesign so beyond the scope of the name “Mustang” that it’s ludicrous to call it as such.  Everywhere we look, there seems to be disintegration and decay—of value, of standards, even of size.

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The Invasion and Alienation of the South

The Portly Politico11 Comments

A few weeks ago, I wrote about the changing, dying rural communities I observed on a trip through western South Carolina.  You’re not supposed to say as much, but I don’t like that the culture and the world I grew up in are changing.  I’m not sure when it became taboo to say, “This is my home and these are my kin,” but apparently that’s no longer acceptable if you’re a conservative Christian in the American South, especially if you’re a white man.

Around the time I wrote that post, I stumbled upon two excellent posts from the Abbeville Institute that express that sentiment beautifully.  One, “Stranger in a Strange Land” by Leslie Alexander, is a poetic, heartbreaking glimpse at a personal sense of alienation:  the writer, a Louisiana native with deep roots, finds herself adrift in Dallas, a land that lacks not only has “no regional culture here—one of common language, mores and manners–there is not even an American one.”

The other, from Nicole Williams, is a more technical and historical dive into the emergence of the “New South,” the story of how an economically devastated postbellum region, in a search for economic opportunity, ultimately sold its culture and identity for a mess of pottage.  The title says it all:  “What Price Prosperity?”

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Lazy Sunday XXXVI: Best of the Reblogs, Part I

The Portly Politico39 Comments

Last week’s posts had me diving into the blogs of some good friends.  Friday’s post featured blogger and musician friend fridrix’s Corporate History International.  Wednesday’s post looked at the writings of another blogger friend, Bette Cox.  And I daily read the blogs of photog (Orion’s Cold Fire) and Nebraska Energy Observer.  Indeed, one of the joys of blogging is discovering other bloggers’ work (I almost forgot Gordon Scheaffer‘s excellent history blog, Practically Historical).

In the spirit of these intrepid citizen journalists and commentators—and the cheeky fun and intellectual grit of their blogs—I thought I should pay homage to the posts that, when I’m struggling with writer’s block, helped me slap together some daily content.

I’ll be presenting these posts in chronological order in which I initially reblogged them, so if you don’t show up these week, Internet Friends, don’t worry; you’ll make it up here eventually!

  • “Reblog: The Falling Down Revolt” –  This post examined photog’s “The Falling Down Revolt” essay, one of the most trenchant pieces I’ve read this year.  The issue that photog address is what dissident blogger Z-Man calls “anarcho-tyranny“; that is, the state in which all manner of violent and property crimes occur unmolested, but law-abiding citizens get the shaft.  The tiniest infraction gets convicted if you’re the average American citizen, but if you’re an illegal immigrant or a welfare-moocher of a certain background, you skate.  Police are ineffective at catching the real bad guys, so they ding you for rolling through a stop sign with no traffic on the road, or the government comes after you because you’re eight bucks short on your taxes.

    That situation leads to frustration among society’s straight-man.  Why do rule followers get the brunt of the state’s terrible force, but criminals blatantly break the rules, and get off scot-free?  It’s a recipe for an awakening.

  • “Reblog: New White Shoe Review for You” – This piece reviewed fridrix’s review of a book about Wall Street during the Progressive Era of the early twentieth century.  It’s a fantastic review, and I recommend you check out it and fridrix’s other writings at Corporate History International.
  • “Reblog: Of Grills and Men” – One of the most important bloggers in both the manosphere and the traditional Christian Right today is Dalrock.  I featured Dalrock on one of my lists of excellent dissident writers.  The occasion for this post was the infamous Gillette ad in which men were portrayed as toxic abusers and advocates of kid-on-kid violence.  Yeesh!  Get woke, go broke, as they say.

That’s it for this week.  Enjoy the waning hours of your glorious weekend!

—TPP

Other Lazy Sunday Installments:

Corporate Grind II: The Return of Corporate History International

The Portly Politico7 Comments

It’s been a golden week for reblogging, as some of my blogosphere buddies continue to generate some amazing content.  It looks like I may have to do another Dissident Write feature soon (here are I and II).  Armistice Day always brings out the best material, too.

As we head into the weekend—mercifully free of professional obligations—I’m pleased to note the revival of my buddy fridrix’s blog, Corporate History International.

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Lazy Sunday XXX: Trump, Part I

The Portly Politico46 Comments

It’s hard to believe we’ve reached thirty Lazy Sundays.  I’ve found these posts are an excellent way to link to multiple posts simultaneously; I’ve written so many now that I occasionally forget that I’ve written some of them, but Lazy Sunday is always there to curate and aggregate those forgotten posts.

Indeed, today’s post marks 280 days of consecutive posting.  That’s forty weeks of at least one post per day.  Noah would be getting off the Ark right about now.

So, to celebrate the thirtieth week of posts—and to honor our amazing, if embattled, President—today’s edition of Lazy Sunday is dedicated to the God-Emperor himself, Donald J. Trump.

  • “Indian Man Worships Trump as a God” – This little piece was a bit of a throwaway novelty, but I still find it amusing:  an Indian gentleman devoted himself to GEOTUS so intensely, his parents moved out of the house.  I was hoping some Twitter-savvy user would get this piece to Trump or Sarah Huckabee Sanders, and President Trump could use it as an opportunity to witness to this well-intentioned-but-misguided man.
  • “Mueller Probe Complete, Trump Vindicated” – The subject of a recent TBT feature, I wrote this piece when the Mueller Report first broke and all indicators were that “Russian collusion” was, at best, way overblown.  Yes, yes—Mueller insisted that Trump wasn’t “exonerated,” but he and the Democrats had to admit sheepishly that the drum they’d been beating for nearly three years was busted (not that they actually did admit that).  Of course, now they’ve just changed from one scary Eastern European country to another with tales of “Ukrainian collusion” to bolster a bogus impeachment inquiry.  Sigh.
  • “Symbolism and Trumpism” – An unfortunate side effect of Protestant efficiency and pragmatism is the lack of attention to symbols, which we tend to view with suspicion—“it might be an idol!”  But symbols matter immensely to uniting a people.  That’s the key insight this piece explores, care of an American Greatness essay about Trump’s ability to understand the need for and use of unifying symbols like the National Anthem, the American Flag, and so on.
  • “Trump’s Economy and 2020” – President Trump can boast a hugely successful economy, almost directly as a result of his tax cuts and regulatory reforms.  After Trump’s election, I could almost physically sense a weight lifting off my shoulders, and those of millions of Americans—and I was doing okay even in President Obama’s moribund economy.  Even in 2016, with things gradually improving from the low-point of the Great Recession in 2009, the job market seemed tight.  By the time Trump was inaugurated in January 2017, phenomenal economic growth was well underway.  Here’s hoping that buoyant economy continues to roar through 2020.
  • “#MAGAWeek2019: President Trump’s Independence Day Speech“:  This post was a Subscribe Star exclusive, so you’ll have to pay a buck to read the full thing, but it’s about how great President Trump’s Independence Day speech was.  After all the hand-wringing from the Left and the noodle-wristed Right about Trump hosting a yuge military display on the Fourth of July (see also:  “Symbolism and Trumpism“), Trump delivered a speech that reminded us of why we can be proud to be a part of this incredible, unprecedented nation.  I didn’t hear the whole “airport at Yorktown” comment, but I’m also not attuned to picking up Trump’s every minor error and calling it treason the way Leftists are.

That’ll do it for this “big league” Lazy Sunday.  Enjoy your day off, and Keep America Great!

God Bless,

—TPP

Other Lazy Sunday Installments: