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Mike Ness's avatar

Jeff, you are absolutely correct on all fronts. However, the society, culture in America has been infected with a form of humanism that has taken things like facts, statistics, data and realized outcomes from all of this and thrown it out the window. I can't tell you how many times in my time living in NYC and working in the greater Wall Street world I would go out after work, get into conversations regarding all things economic and political and I would bring facts to the table and those who I would be speaking with would simply retort, "I just don't feel any of what you have said is correct." Notice their justification for disagreeing with me, "I don't FEEL", this is where we are and what has become the true divide. Those who like to take in things, digest it, then look into the facts surrounding something, as best they can be ascertained in a western Media world that has been left to very hard left now for 80 plus years, then pass judgement on something. The other side simply takes in the emotionally centered and very purposeful subjects the MSM puts forth and they buy what they are selling hook line and sinker because it comports with their emotionally centered approach to life. They also, in places like NYC, San Fran, Chicago, Seattle, etc live in an echo chambers filled with other emotionally centered pseudo intellectuals. Throw in a truly well read, fact based individual and all Haites breaks loose.

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David Foster's avatar

Need to also adjust S&P price changes for inflation over the period.

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