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Rage Onand on and on
VDH
The End of the DreamIn sum, there is panic. Obamacare, near-zero interest rates, more environmental and fiscal regulations, government takeovers, bailouts, and stimulus, nearly $5 trillion in debt, $1.6 trillion in annual deficits, vast increases in food stamps and unemployment insurance, and hectoring the private sector all that and more did not restore prosperity. More likely we ruined a natural recovery if 9.1% unemployment, anemic GDP growth, ruinous debt, precipitous declines in the standard of living, and the return of the old record misery index are any indication. All Obama in 2012 is left with is the old trifecta of Bush did it, they will cut your Social Security, and a subtle racism fuels all opposition. There is a deer-in-the-headlights paralysis in all those who believed that you could get a government subsidized $100,000 loan, receive easy As in environmental studies or sociology, buy a prestigious BA certificate, and then enter the lucrative world of the government bureaucracy teaching, administering, suing, and regulating. Not Enough Smelts or Pipelines to Go Around But it did not work that way (there is not room enough for all of us to champion the delta smelt, find insidious racism in the Detroit schools, shut down an oil pipeline, or sue Arizona). Instead, we are left with an energy-poor country sitting on energy riches, a moribund economy with millions in the private sector piling up cash rather than investing or hiring, and cohorts of young, flat-broke, indebted, and politically prepped but poorly schooled students wondering where is the good life and why a Wall Street fixer, or computer nerd, or company man civil engineer makes so much more than they, the anointed, do. So they rage on and on and on Posted by: Beavis 2011-10-24 |
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