Author Archives: Charles Hugh Smith

Unrealistically Great Expectations

Let’s see if we can tie together four social dynamics: the elite college admissions scandal, the decline in social mobility, the rising sense of entitlement and the unrealistically ‘great expectations’ of many Americans. As many have noted, the nation’s financial and … Continue reading

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What Would It Take to Spark a Rural/Small-Town Revival?

The increase in farm debt while farm income declines is putting unbearable financial pressure on American farmers, who must be differentiated from giant agri-business corporations. This is placing immense pressure on farmers, pressure which manifests in rising suicide rates. If this … Continue reading

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Good Riddance to a “Nothing-Burger” Trade Deal

As I noted in Trade Deal Follies: The U.S. Has Embraced the World’s Worst Negotiating Tactics (April 8, 2019), the trade deal was a Nothing-Burger for the U.S. Without any consequences for violating trade deals, China violates all trade deals, starting with the … Continue reading

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The Accelerating Decay of the Middle Class

If we define middle class by the security of household income and what that income can buy rather than by an income level, what do we conclude? We have little choice but to conclude the middle class is decaying, both in the percentage of the workforce that … Continue reading

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‘Workarounds’ Galore: How Real Americans Deal with ‘Real’ Inflation

Today I’m publishing a guest post by writer Bill Rice, Jr., on “real inflation,”which as everyone knows far exceeds the “official” inflation rate of 2%. Bill and I corresponded earlier this year when he was researching and writing his recent … Continue reading

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