November 6, 2024
The Dark Ages is a term for the Early Middle Ages (c. 5th–10th centuries), or occasionally the entire Middle Ages (c. 5th–15th centuries), in Western Europe after the fall of the Western Roman Empire, which characterizes it as marked by economic, intellectual, and cultural decline. We have unofficially entered the new Dark Ages. I will leave it up to future historians as to whether this marks the “official” beginning of the new Dark Ages, or, more appropriately, Dark Ages 2.0. I realize this seems terribly dark, but this is where I and millions of fellow citizens are today. It’s mourning in America, or for America. We are not despondent because we lost an election. That has happened many times in the past, and probably will happen many times in the future. No, we are discouraged because so many of our fellow citizens think this okay. A Republican friend of mine said that it must be tough losing to a Republican. I responded that losing to a Republican was not the issue. Losing to a Fascist and wannabe dictator was the issue. No one ever got hit by a train they saw coming. The train came barreling down the tracks, we all saw it, but we refused to get out of the way.
This is not about me. Whatever happens is not going to change my lifestyle although it might influence the people I choose to associate with. My modest stock portfolio is surging this morning as it continues its unprecedented rise from the Great Recession of 2008. As the Wall Street Journal said, the 47th President is inheriting a fabulous economy from Joe Biden similar to the one the 45th President inherited from Barack Obama. The markets are discounting another two trillion dollars in debt as tax cuts for the wealthy and corporations become permanent. Ironically, traders are already discounting higher inflation. Many voters are hearing for the first time that tariffs will hit their pocketbooks. Years ago, Jamie Dimon addressed a national conference of branch managers of Shearson Lehman Brothers. The Lehman Brothers research department had just been ranked #1 by Institutional Investor. Dimon, who was very good at getting to the bottom of things before he flinched on the last election, said, “If you gave my mother $40,000,000, she could have built the top research department on Wall Street.” Similarly, if you gave me $2 trillion of additional debt, I could give you a great economy. However, the bills will come due.
This is about future generations, which we have forsaken at the altar of greed and ignorance. It’s all about what can you do for me now, and I don’t mean the National Organization of Women. If something untoward were to happen to me, it would be unfortunate for me and everyone around me, but it wouldn’t be a tragedy. I have rounded third base, and am heading for home. However, future generations will have to live with the consequences of the mess we have made. We have turned over the keys of the car to a driver drunk on power and money, and the car does not have FSD (full self-driving) despite having Elon Musk in the passenger seat. I can only imagine what our children and grandchildren are going to think about The Worst Generation. How are you going to answer the question when your granddaughters ask, “Who did you vote for in the 2024 Presidential election, Gramps?”
I have turned off the television. Unfortunately, I couldn’t cancel subscriptions to the Washington Post and the Wall Street Journal because I never had them. My goal is to be as ill-informed as the average Trump voter. The average voter, when asked if Trump was an authoritarian, responded, “What’s an authoritarian?” Trump voters get their news primarily from family and friends, and random websites and podcasts. Democratic voters get their news from traditional news channels. I guess that’s our mistake. Ignorance may be bliss, but, in this case, it is very dangerous.