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Cake day: June 15th, 2023

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  • Yup. Just going by the indexes, the stock market is down all the way to last summer. It’s been a precipitous and steady drop, but if you’re a true believer, it would be easy to say it’s just giving up a little bit of Trump bubble, hope it’s almost over, and relax. After all, they’ve still got their job or most of the stock market gains collected over the last 20 years, so their immediate personal conditions look great.

    Apparently, one of the things that becomes really difficult as IQ drops even a little bit below 100 is hypothetical-conditionals. Like, “How would you feel if you hadn’t eaten breakfast?” becomes, “But I did eat breakfast, and I feel fine.” So, looking at the economic disruption Trump’s causing, imagining that it could continue or get worse, and what that might mean for their personal situation can be a real, does-not-compute struggle.