Darrell Castle talks about the troubling dissatisfaction that is present in American life today caused by the economic reality of the middle class and the indifferent attitude of America's politicians.

Transcription / Notes

DISPIRITED PEOPLE

Hello, this is Darrell Castle with today’s Castle Report. This is Friday the 22nd day of September in the year of our Lord 2023. I will be talking about the troubling dissatisfaction that is present in American life today and I argue that much of it is caused by the economic reality of life in Middle Class America, and by the indifferent, let them eat cake, attitude of America’s politicians.

Polling data indicate that my theory is valid and that the middle class is disappearing because it is being incinerated by the economic reality it faces. For example, the President spoke to the UN General Assembly earlier this week and he told them that he supports delivering the health care of Americans into the hands of the globalists at the UN World Health Organization. In the choice between freedom and enslavement he clearly comes down on the side favoring enslavement. Mr. Middle Class sees all this and he doesn’t know what to make of it but he is very suspicious. Not suspicious enough to go to the barricades, not yet anyway, but a report coming from the Census Bureau this week might help him on his way.

Yes, while the President was telling the UN that we just have to persevere in Ukraine the Census Bureau was telling Mr. Middle Class that he was descending into poverty as if he didn’t already know that. Yes, it seems that the poverty rate increased last year for the first time in 13 years. So, the President goes to the UN or he takes another 10-day vacation and the working people of America slip into poverty. That’s more than likely going to cause some unease among Americans, even Democrats. I suppose the President’s usual answer of Trump did it will have to suffice at least for a while.

Instead of the usual political clap trap, let’s look at some things that might really be causing it. Recent polls indicate that something is wrong out there in Middle America. Democrats and Republicans alike understand that the problems are eating away at their lives and their standard of living. Whether Democrat or Republican or whether they are ashamed to be publicly identified with either of those groups, and therefore identify themselves as independent, they know something is wrong. They may blame each other as their masters at the heads of the two political parties have trained them to do, but there seems to be a growing unease as business-as-usual fails to provide answers.

The disease is economic although it may exhibit many symptoms, it is economic. When James Carvelle advised Bill Clinton in 1992, “it’s the economy stupid” he was right and it’s still the economy today. A recent poll indicated that 61% say they lack confidence in what has come to be called Bidenomics to manage economic problems. 54% said Congressional Republicans gave them more confidence that they could successfully deal with the issues facing the country while 45% said they had more confidence in Biden, so they are confused and that is no accident either.

Americans are not happy and clearly the driver of their unhappiness is the economy. These polls I have been reading can be confusing but significantly only 37% approve of the way Biden has handled the economy. 70% disapprove of how he has addressed inflation while 75% say they think economic conditions are poor for them. By a large margin the economy is far and away the most important issue facing the country and people in the Middle know that economic reality is stacked against them.

Freeing the dollar from the restraints that held it and which forced politicians to be at least a little bit accountable for what they did to the rest of us, has caused a stagnant economy and declining standard of living and worse result for the Middle Class than for others...