Saturday, October 8, 2011

Lost Decades

Greetings good citizen,

Folks my age (basically the middle/end of the baby boom) have seen a lot of bull shit in their fifty plus years.

Worse, today’s youth think we’re the ones responsible for destroying (whether they realize it or not) the ‘global economy’.

The ‘roots’ of today’s global unraveling reach all the way back to the sixties and the hellaciously bad idea of attempting to open up the Asian markets as consumers of the Western lifestyle…

Although today’s youth would be spot on in charging us with being worthless lumps when it came to preventing the, er, ‘excesses’ of the past forty years.

All it takes for evil to succeed is for good men to do nothing…and we got bagged again, although, in our defense, we didn’t have any good role models.

Think about that for a minute, even Superman was a good corporate toad…and you just know “The American Way” was really spelled C-A-P-I-T-A-L-I-S-M.

With capitalism approaching its dotage, we are seeing the end result of a system that relies on ‘constant, exponential growth’…crash and burn!

Unsurprisingly, the corporate media is still in denial despite the ‘evidence’:

The New Lost Decade
As for this decade, less than two years in, we already know that the news isn't likely to be much better. The problems that plagued Americans in the previous decade show little sign of improvement.

Take the jobs market. Tally the number of jobs eliminated since the recession began and also the labor market's failure to create enough jobs to keep up with normal population growth, and you're left with an 11.2 million jobs deficit, a chasm between where the economy should be and where it is now. Filling that gap is the key to any recovery, but to do so by mid-2016 would mean adding 280,000 jobs a month -- a pipe dream in an economy limping along creating an average of just 35,000 jobs a month for the past three months. Unless the country's jobs engine were somehow jump-started, 11.2 million jobs in this decade would be a real stretch.
But few in Congress, and none of the controlling Republican politicians, will even think about using the jumper cables. President Obama's relatively modest American Jobs Act, for instance, was declared a corpse on arrival at the House of Representatives. On Monday, a reporter asked House Majority Leader Eric Cantor (R-Va.), "The $447 billion jobs package as a package: dead?" Yes, Cantor assured him, indeed it was.

While this article laments the ‘lost decade’ just passed, those who have had their eye on the ball know we, the politically marginalized ‘working class’, has been ‘losing’ since the Seventies!

Now that we’re into the ‘end game’ the unraveling becomes impossible to hide:

Other precursors of future hiring, like temporary employment, showed modest improvement last month. Temporary help services added 19,400 jobs. The average weekly hours worked, which tend to climb before companies start hiring again, rose slightly, as did average weekly earnings.

Allen L. Sinai, chief global economist at Decision Economics, a consulting firm, said he supported the president’s jobs plan and estimated it could lead to 600,000 new jobs. Other economists have said it could create as many as 1.9 million jobs.

Right now, even profitable companies are reluctant to hire in Mr. Sinai’s view. “C.E.O.’s are paid to grow shareholder value,” he said. “They are not paid to hire people if demand isn’t there and if they can substitute machines for people. That’s a no-brainer for the people who run companies.”

Understand good citizen the ‘physics’ haven’t changed. Pour money into a leaky bag and it is still going to leak. The, er, ‘hopeful idiots’ are ‘wishing’ for economic improvement while NOTHING has been done to improve the ‘customer base’.

Pay a body to dig and fill in holes and where are they going to spend their wages? Locally, but the money will vanish into the ‘multinational void’ of the global banking system, never to be seen again.

Once the ability to pay for ’busywork’ is exhausted, what’s left?

What’s next is Zimbabwe style inflation…which shouldn’t make anyone feel warm and fuzzy!

We’ll starve to death in an ocean of ’funny money’ (take that deflationist’s!)

Why do deflationist’s keep missing the fact that money DOESN’T ’dry up’ when ‘credit’ blows away…that’s where the criminals use the printing press to cover their escape!

Why do they keep insisting this doesn’t happen when evidence to the contrary is everywhere?

But no matter because the ‘end result is ‘identical’…you’re dead…and so are the thieves!

Sure, some of them have ‘planned ahead’ and established what they think are ‘safe havens’ in the tropics…but look at who they’re escaping with?

Even if they manage to evade the detection of the ‘avenging angels’, they don’t have the ‘right stuff’ with which to build a new society with.

And their kids sure as hell won’t have a good ‘work ethic’…

Makes you wonder what they’re going to do after the hired help revolts?

But that won’t be our problem…until they decide they need to come back and enslave us.

Isn’t that always their ‘Plan B’?

Thanks for letting me inside your head,


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