Lack of trust at the top.
It is almost as if the message being given is that it is desirable for the markets to implode, unemployment to increase, standard of living to decline, anxiety to increase. There must be a political or economic benefit to this way of thinking. The smart money says, "they want it to go down, get out of the way, it's going down"
Not only is this guy dumb, he's associated with shady folks in the background who are running the show, and we don't know how. Time to pull back, to wait and see.
We're given warnings that effectively (a)spell the end of the nuclear industry due to public panic and realization of the dangers of radiological material, (b)point to disruption in the markets, and drastic reduction in the value of urban real estate in the center of major cities, (c)tell us we'd better believe another attack is coming, and (d)only an idiot would ignore the damage this anxiety and increased security costs are causing to our economy.
Unless you are in oil or defense, of course!
Worst of all: no one in the administration is talking about the economy, or how to counter these effects. They look too embroiled in attempting to confuse Congress, thwart investigations, and divert public opinion away from whistleblowers. |