From When in Trouble, When in Doubt, Run in Circles, Scream and Shout! by Horace Coleman:
The day I was finishing this piece a news item about Arizona said the state was borrowing funds from the federal government to pay unemployment compensation to its citizens. As former NFL announcer and football player Don Meredith used to sing (badly) when the outcome of a game had been decided before it ended, "The par-ty's ooh-ver!" Reality is hitting us all in the face, asking for his. Decades of out sourcing, off shoring, union busting and "contracting" workers have brought us to our knees. Two unpaid for wars haven't helped.
So much money has been sucked to the top that fat cat individuals and institutions forgot that overall national health depends on national consumer spending—not just their druthers. The price of a loaf of bread approaching the price of a gallon of gasoline was a strong hint we're on the way to insolvency. You can't spend it unless you have it. Unless you go into debt. You can't even do that if you're laid off or have low income... Read More