Why Did the Dow Hit 25,000?

A few days ago, the Dow Jones Industrial Average hit 25,000, setting a new all-time record high for the U.S. stock market. As they are wont to do, the experts are speculating and opining as to what it all means. Some think this is good news, some think it’s bad, some believe it can continue, some believe it’s the boom before the bust.

Does the Dow’s breaking the 25,000 barrier really mean the economy is better than it’s ever been? Does it mean we’re all richer now? Was the market stagnated until Trump came along and breathed life into it, causing us to ascend to new heights of economic ecstasy? Or, could it be that the more things change, the more they stay the same, and that the Dow reaching 15,000, then 20,000, and now 25,000 was inevitable?

Most conservatives will no doubt revel in the current upward trend, taking it as token evidence that Trump and the Republicans are the saviors of the American way of life, single-handedly rescuing the economy from the financial doldrums imposed by eight years of Democrat rule. However, I have a different perspective. Continue reading “Why Did the Dow Hit 25,000?”

Endorsements and the Effect of Compromise

Thumbs-Up.jpgWhen we give our endorsement to someone or something, we intrinsically connect ourselves to the object of that endorsement and to the values which it embodies, thus lifting – or lowering – ourselves to the level of the entity we have endorsed.

When we give our endorsement to something moral and virtuous, we elevate ourselves. Our names and our reputations partake of the honor inherent in the object of virtue with which we become associated, and which we acknowledge as representing the righteous standard. Even if our own conduct does not currently embody all of the virtues of the object of our endorsement, our decision to embrace that higher standard will ultimately draw us upward into increasing conformity to it.

Conversely, when we give our endorsement to something of lower morals, or which lacks virtue, we diminish ourselves. Our names and our reputations partake of the dishonor inherent in the object with which we become associated, and which we condone as representing an acceptable standard. Even if our own conduct currently embodies greater virtues than those of the object of our endorsement, our decision to embrace that lower standard will ultimately draw us downward into increasing conformity to it.

You cannot remain on a higher level of virtue than that which you choose to endorse. When you give your endorsement, you make the object of your endorsement the measure of your virtue.

Continue reading “Endorsements and the Effect of Compromise”