The alternate-reality decade
If you had invested $100 in the stock market in January 2000, by now it would be worth just $90. This has led some writers to describe the past 10 years as the lost decade.
I disagree. Loss assumes an unconscious act of forgetfulness. This, by contrast, was a decade of deliberate escape, an era in time when America chose to enter an alternate reality. A 10-year interval where otherwise responsible citizens decided that the best way to deal with their problems was to simply ignore them.
Posted by: g(r)omgoru 2009-12-30 |