Things aren’t good. Everyday I get slapped in the face with harsh economic news with very dark and evil predictions of things to come. I think it’s a bit early to prophesy doom, but on the other hand the indicators aren’t exactly pointing up at the moment.
The governments of Europe and the United States are all talking about restraint and cutting spending. The problem with such a course of action is that it will inevitably hurt the poorest of the poor and mean nothing to the rich. If we look closer at the United States as a whole, the current political philosophy being espoused by the right wing block and from some centrists is some form of Beatlesque “Let it be” mentality. Where am I going with all this? Well for starters the infrastructure of the United States could use a serious upgrade (ports, rail, and airports), but no one is willing to shell out the cash for it. These kinds of things allow the creation of jobs and allow for the creation of jobs in the private sector as well as it allows for better production and shipping options for firms.
However, the populist scream of the moment is that we do nothing, because in the United States the notion is that government is the problem (I seem to recall it was the private sector that got us into the whole mess but hey why go against the rage on the street). Since we won’t be building for the future, I am going to continue the dark prophesies with my own: if you don’t build it, they (prosperity) won’t be coming.
__________
No comments:
Post a Comment