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Things are getting better. Democrats can’t ruin it. Republicans can’t ruin it. Voters can’t ruin it. People are getting vastly richer. Our children will be far better off than we are, no matter how insurmountable the national debt seems to be. Just think about technology. Even if wages stay constant, the things that people buy will get cheaper, and food and energy will continue to be ever-shrinking portions of our budgets.
Morgan Housel wrote an article for The Motley Fool that expresses this perfectly, and has a wonderful explanation for the allure of intelligence surrounding pessimism. Check out this graph (logarithmic, mind you). It’s the ultimate example of “climbing the wall of worry.”