There’s no reason to be hopeful. Obama’s economic program is too little, too late. His cabinet is too moderate, too in-the-box to understand that he may well end up being the last president of the United States. There’s no dot-com-type event on the horizon that could rescue our overextended asses. And yet, despite everything, hope persists for the rats in the cage.
What would get people to go back into stores? Indeed, shoplifting is up nationwide.
Chronicling the end of the empire is fun.
Now that the U.S. is used up like an old crumpled piece of tissue paper, they hand it over to a black guy.
The U.S. can’t find $25 billion to save three million jobs related to the auto industry, yet it keeps shelling out $9 billion a month on Iraq. And Obama will keep it up (see this week’s column).
The economy would recover if everyone started spending again. But who goes first?
Getting a pair of shoes tossed at him may end up being the only punishment Bush gets. Pathetic.
Until recently, 99 cent stores were having trouble finding stuff to sell at such a low price. Fortunately, deflation will come to their rescue.
