Well…this is going to be a quick hitter for now….as the world has been gripped by the nonsense of the right across the world that austerity is the right path to take in a recession, we have started to see what the results of these programs are in Europe and they mirror the slowdown here in the US. I cant wait to say that Keynes is right and has always been right…the proper path to take in a recession is to continue to stimulate until the economy’s growth is self sustaining by the increase in demand that comes with rising incomes. It’s not really that complicated and it works every time when there are educated adults in charge….that are not so ideologically driven as the right is here….and since the austerity program was enacted first in Europe, the troubling slowdown in France and Germany that is happening now is what we can expect here, too…nonsense, nonsense, nonsense….thank you tea party….geez…
Tag Archives: europe
Wandering around again…
Well…I’ve been in too good a mood today to get outraged about anything so I thought I’d just talk about a few things and see where it goes…I did see a red-tailed hawk right next to the trail this morning that had a cloud of sparrows around it that were attacking and trying to drive it away. I could have reached out and touched it…almost drove off the trail watching…have to pay more attention, I guess. I did read an interesting article about the rioting that is taking place in Europe in response to the austerity measures that are going on there where the people are being asked to pay the bills for the financial malfeasence of business and the rich by having the social contract there shredded like it is here. The question that was asked was “can that happen here?” and the only answer I have is that I’m surprised it hasn’t happened yet. With the bills that have been paid by the middle class to subsidize the rich getting richer, what can be the outcome if the politicians that are supposed to protect the little guy abdicate that responsibility to fill their pockets? There is no longer any way for the poor and middle class to get their grievances redressed since they don’t have the money it takes to be heard in this money driven political system.
Hmmm.do I have an answer? No, unfortunately I don’t….and that is the problem…no one has the answer, or an answer that can be implemented in today’s political climate. Maybe mass demonstrations and riots are the only answer that is left for us….