State of Things...$7 coffee
Seven dollar coffee as representative of American illogical consumerism
RC 8/20/25
Hello everybody, thanks for your patience. I've been thinking a lot about what my role might be in public communications, if there is to be a role going forward. I have found myself rather nauseated by podcasts in recent months. It's hard to explain why, and I'm not sure I even fully understand. I can't seem to listen to anybody, Rogan, Peterson, any of them. And those are the good ones…
I've started to become much more interested in my career turn back to forensics. It's possible that once I am feeling more anchored there that I will once again resume into more frequent broadcasts. I do want to talk with you, and I even more want to hear back from you. So here are my thoughts at present on the state of the world from my vantage point. I'd like to hear what your thoughts are. Comment altogether on the post.
We are at a tricky time in American society. Economically we sit at the brink of either a momentum toward prosperity or a regression into serious stagflation. The Trump administration is taking the position that full steam ahead is the way out and through. This is a Reagan like position that leading from a stance of American nobility and gusto is the way to transcend economic constraints based in behavioral pessimism from the consumer standpoint. This position makes clear that reducing prices at the pump is central to getting the arteries moving more blood around. Of course, incentives for shoring up American production is another feature of the Trump administration at present. I don't know if this is really going to produce the kinds of effects that the president hopes for. After all, the conundrum of American modern prosperity involves our superior dollar value in contrast to foreign currency. If we're going to domesticize American production, then we're going to increase the cost of goods because American wages are much more expensive than production offshore.
So we'll see what happens at the macro economic level of America's present and immediate future. For now, it seems as though we have avoided what appeared to be an imminent recession. If you recall my episode with economist Jeffrey Tucker, there were some pretty grim predictions. I'll have to have Tucker back on because I imagine he still believes that we are operating in a kind of illusory Disney World of economics.
