▪️This is so delusional. The idea that poor countries are actually rich, it’s just the people who are poor(!) is nonsense. The GDP per capita for Mexico is less than $14,000. For Brazil it’s $10k and Philippines just $4,150. That’s poor!
▪️The idea that real wealth comes from natural resources like timber and mining is also nonsense. The market cap of Nvidia is more than the entire GDP of Brazil, so is Apple and Amazon. Tesla’s is nearly as large as Mexico’s GDP and triple the Philippines.
▪️Real wealth comes from innovation and industrialization. South Korea and Hong Kong went from wretchedly poor to fairly wealthy in just a few decades not because they suddenly found natural resources, but because of capitalism. It’s also why much of Europe is now stagnant and actually quite poor compared to the US, they have little innovation.
▪️The reality is that the poorest countries are generally the least capitalist, and least economically free. They are not friendly to private business and often nationalize many industries. Which is why they are undeveloped, despite often having much potential. There was never some era in the past, prior to Europeans or capitalism, where they were rich.
It’s funny to see the left use the same conspiratorial rhetoric as the right did a year ago regarding the jobs numbers being downwardly revised. So many on the right, who knew nothing of how the jobs numbers are calculated or why they revise them, were convinced the downward revisions were a conspiracy to help Biden win.
If people want to have a debate about the birth death model or the survey methods, ok, but that’s not what’s happening here. Most people are under the delusion that the BLS report is the govt reporting every job created and lost, and are thus easily swayed it’s rigged when it suits their political ends.
This is almost laughingly misleading, as it leaves out everything before the letter.
▪️After being repeatedly lampooned by the Smothers Brothers over Vietnam, Johnson finally had enough. One night at 3 am he called the head of CBS William Paley, demanding that he “get those bastards off my back.”
▪️Paley then asked the heads of CBS entertainment to get them to back off of LBJ. However, instead of backing off the Smothers Brothers doubled down, booking a folk musician performing “Waist Deep,” an anti-war song about a soldier being stuck in the mud while “the big fool says to push on,” clearly a dig at LBJ.
▪️At the last minute, CBS cut the song from the pre-taped show to the outrage of the Smothers. They continued to push the boundaries off and on for the rest of his presidency, with CBS sometimes cutting segments that they thought went too far. Basically, it was a soft form of censorship.
▪️It wasn’t until Johnson made his surprise announcement not to run in 1968 ...
