The circus that is our government continues to be on full display as our economy and country crumble. Whether politicians are calling for another impeachment trial, the invocation of the 25th Amendment, demands for resignations, etc… there is no shame, and the hypocrisy is thick enough to cut with a knife. If history is a guide with respect to the the fall and end of countries and empires, then the United States of America is sadly making her way down the list, checking off many of these boxes, one-by-one. As it stands this evening, President Trump will not be attending the inauguration ceremony. The Kapital News believes that this is a mistake. It is also uncertain as to whether the President will be giving a farewell address to the nation as is the tradition. Social media and tech companies, such as Twitter have permanently suspended President Trump’s accounts. Apple and Google are removing the social media app, Parler, from their app stores. Parler has risen in popularity over the last several months as conservative and Republicans seek out alternative platforms and media. As The Kapital News has been discussing and warning, when we create these types of platforms with a bias to a particular political party, then this is likely to divide us further since opposing viewpoints are not likely discussed, if even heard. This serves as an echo-chamber with people sharing the same articles, videos, and other media – all of which already conforms to their beliefs and what they likely deem as “true.” This can become extremely dangerous and we are already likely on that path. Debate is supposed to be civil and various viewpoints heard and discussed. If everyone pretends to already “know” what and how the “other” side thinks, then where is the debate?
Lastly, we discuss the jobs report for December of 2020. The unemployment rate remained unchanged at 6.7 percent and 140,000 jobs were lost. This report, in conjunction with the initial jobless reports as of late, are showing signs of continued economic weakness and persistent job losses. A printing press may be able to print US dollars, but it cannot print jobs. Various revisions and calculations will be made by the BLS and will be presented in the January 2021 jobs report. The economic decline that has already occurred has caused long-term structural damage and will not be repaired with the current set of policies. In fact, such actions have all but guaranteed a prolonged economic contraction. And with it, the likely continuation of political and social strain. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Liberty #Vote #Peace #Justice #Revolution #EndTheFed #BananaRepublic #Bailouts #Inflation #Recession #Depression #Gold #Silver #USA #Debt #FireCongress