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TheOldBarn

Where does the invisible hand point

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The invisible hand, the best hand, for all of society, the one invisible hand,  the one that singularly constructs 

the hand that we are dealt

The hand, in porcelain,

in repose. 

A piece of the body, taken by itself

almost heavenly, a magnificent thing,

A perfect study.

All the work was done by it.

All the art was drawn and painted by it.

And yet it was guided by the brain, 

and the eye working together, 

toiling together as one. 

But why?

 

What does the empire signify

What drives the market

What is so important to learn

in any University

 

And who should be allowed

to go

 

Who is the first person to want to 

work hard without the motivation

of monetary gain

 

Bernie Sanders

Joseph Stalin

Donald Trump

Cesar Chavez

Sonny Stitt

 

 

 

 

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Adam Smith's concept,

the invisible hand,

is for an ideal

that cannot be planned,

one for which we yearn,

an unreachable bourn,

one that perforce

cannot ever exist.

 

Perfection isn't real

no leader can create

a good enough world

a society that's great.

Mommy won't kiss booboos.
That's not really new news

but it's a little less distressing,

if instead you're getting pissed.

 

John Lennon says "Whatever

gets you through the night",

so if Sonny Stitt does that,

"it's alright, it's alright".

In the long run it's moot

if it's whiskey or toot:

if your poison is Mozart,

and someone else's, Liszt.

 

It's broken, it's broken,

it never worked the way it should.

But now it's in pieces,

it's broken for good.

The party's over,

we did what we could

it was fun while it lasted,

now its over for good.

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Just reading the news about a possible recession for the US might be in the cards. 

The Bureau of Labor Statistics just downgraded it's job growth numbers from March 2018 to March 2019 by 501 thousand jobs. 

It was supposed to be 2 million new jobs in that time frame - that's a 25% error. 

Then there was of course all this talk about the inverted yield curve coupled with meager growth in both China and in the EU.

And meanwhile, in Tarrif News:

https://www.cnbc.com/2019/08/19/heres-what-new-tariffs-will-cost-an-average-american-household.html

 

I'm not an economist. I don't have any idea whether or not this spells out a certain recession is about to happen. 

Unemployment numbers are still good. Our own GDP numbers have been downgraded but I think it's still projected to be 2.1 % for 2019.

Trump did inherit an economy on the rise and he's ridden it. His tax cuts overall did not create much job growth. In fact, one would think

US companies would be doing very very well these days, seeing that they were doing pretty darn good prior to the huge tax cuts. 

 

The US response to the great recession in 2008 was expansionism. The EU took the opposite approach. 

US debt has grown since Trump took office. 

https://www.thebalance.com/trump-plans-to-reduce-national-debt-4114401

 

Long-term we need to do something about the Federal Debt but for now we have low interest rates so our payment on the debt is quite low, and yes, we are in a lot

better shape than most other countries these days. 

 

Climate Change--- mitigation of what has already transpired, and what needs to accomplished in the next 20-30 years should be talked about a great deal more

than it is.

 

 

Peace!

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On 8/17/2019 at 1:00 PM, laripu said:

Adam Smith's concept,

the invisible hand,

is for an ideal

that cannot be planned,

one for which we yearn,

an unreachable bourn,

one that perforce

cannot ever exist.

 

Perfection isn't real

no leader can create

a good enough world

a society that's great.

Mommy won't kiss booboos.
That's not really new news

but it's a little less distressing,

if instead you're getting pissed.

 

John Lennon says "Whatever

gets you through the night",

so if Sonny Stitt does that,

"it's alright, it's alright".

In the long run it's moot

if it's whiskey or toot:

if your poison is Mozart,

and someone else's, Liszt.

 

It's broken, it's broken,

it never worked the way it should.

But now it's in pieces,

it's broken for good.

The party's over,

we did what we could

it was fun while it lasted,

now its over for good.

Laripu, 

I like your poem in a different way. 

Mine was innuendo bred by a contempt

for colonialism. 

While yours is based more squarely

on the laissez faire way in which

Adam Smith first mentioned it.

Either way, it's not always the planning

that makes the final pudding 

it seems. 

 

Peace!

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11 hours ago, TheOldBarn said:

Either way, it's not always the planning

that makes the final pudding 

 

True!

I guess that's why they say "The proof of the pudding is in the eating."

 

There's another expression I heard growing up, in Yiddish. In Yiddish it rhymes too, but that doesn't survive the translation. It's this: "Man thinks and god laughs." It's always mistranslated as "Man plans...", to make a rhyme, I suppose.

 

Anyway, I guess if you're omniscient, all the failure is just hilarious.

 

I found it on line!

 

laugh.jpg

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On 8/23/2019 at 4:59 AM, laripu said:

 

True!

I guess that's why they say "The proof of the pudding is in the eating."

 

There's another expression I heard growing up, in Yiddish. In Yiddish it rhymes too, but that doesn't survive the translation. It's this: "Man thinks and god laughs." It's always mistranslated as "Man plans...", to make a rhyme, I suppose.

 

Anyway, I guess if you're omniscient, all the failure is just hilarious.

 

I found it on line!

 

laugh.jpg

I like it. Yiddish is filled with lyrical truism and sprinkled with the salts of Earth they say - there I am, starting to sound like Trump.

https://time.com/5653990/john-oliver-last-week-tonight-bias-medicine/

 

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14 hours ago, TheOldBarn said:

there I am, starting to sound like Trump.

 

You couldn't possibly sound like that garden gnome, and that's a good thing.

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