Friday, June 17, 2011
Who's recovered?
Polistra has hit this point before, but it deserves another slap in a new context.
From Seattle:
"The U.S. economy has entered another soft-patch in a recovery that is proving to be far more bumpy and fragile than usual. While growth continues, it does so at a slower rate than before," he said.
From Fox:
Builders broke ground on more new homes in May, but not enough to signal a recovery in the housing market.
= = = = =
Think about the normal use of the word recovery. Let's say you had been addicted to crack for several years, outside of reality for several years, devoted solely to the drug for several years. With great effort you got 'clean and sober' for a while. Then you fell back into the habit.
Which of those stages would we call recovery? The part where you came back to reality and stopped shooting up, or the part where you relapsed and started shooting again?
Same with the economy. We were on crack for several years, overconfidently assuming that everything would be all right as long as we kept borrowing and borrowing and borrowing. In 2008 we hit bottom and recovered our sense of reality, our sense of balance. Now most of the ordinary people are instinctively trying to stay recovered, while our murderous ruling class tries to get us addicted again. They call the relapse to addiction recovery.
Unfortunately the economic crack dealers have a huge advantage over the chemical crack dealers. They own the government, the media, the vocabulary, and the "scientific" "experts". Even though we know better, the dealers will probably succeed in knocking us back into the suicidal addiction they call recovery. ¶ 6:01 AM
From Seattle:
"The U.S. economy has entered another soft-patch in a recovery that is proving to be far more bumpy and fragile than usual. While growth continues, it does so at a slower rate than before," he said.
From Fox:
Builders broke ground on more new homes in May, but not enough to signal a recovery in the housing market.
= = = = =
Think about the normal use of the word recovery. Let's say you had been addicted to crack for several years, outside of reality for several years, devoted solely to the drug for several years. With great effort you got 'clean and sober' for a while. Then you fell back into the habit.
Which of those stages would we call recovery? The part where you came back to reality and stopped shooting up, or the part where you relapsed and started shooting again?
Same with the economy. We were on crack for several years, overconfidently assuming that everything would be all right as long as we kept borrowing and borrowing and borrowing. In 2008 we hit bottom and recovered our sense of reality, our sense of balance. Now most of the ordinary people are instinctively trying to stay recovered, while our murderous ruling class tries to get us addicted again. They call the relapse to addiction recovery.
Unfortunately the economic crack dealers have a huge advantage over the chemical crack dealers. They own the government, the media, the vocabulary, and the "scientific" "experts". Even though we know better, the dealers will probably succeed in knocking us back into the suicidal addiction they call recovery. ¶ 6:01 AM
