10/26/09
I have heard much about the jobless recovery underway as of late from different pundits and factions both inside and outside the realm of the mercantile system where the general philosophy extended is that the financial recovery is now underway signaled by gains on Wall Street and the housing markets. Here once again the feeding frenzy has begun on the last vestige of any fluid capital still remaining out there capable of use toward any physical economic development. Over the last couple years given the few trillion dollars allocated the monetary system as bailout money to the banking establishments I would expect by now a full array of plans, projects and goals being applied across the board toward meeting infrastructural needs like an over haul of the U.S. electrical and transportation systems pointed at the challenges of future population and industrial growth. Still, I wait to here on the news the disclosure of this vast array of plans to hit the air waves in a free and open fashion understood by all and yet I hear little or but nothing.
I do here a lot about Health Care Reform which is great and I believe it is high time the medical situation in the U.S. and around the world needs an overhaul but if we are out there supporting it by way of a monetary system we might well consider that the best way to support that system is to have a vibrant and vigorous physical economic system laid out as an array of positive future plans, projects and so on backing such a supportive human medical system across our world.
Now as for the term Jobless Recovery know that this is a fallacy and solely made up to keep the masses at bay and comfortable as possible with these troubling times. Best to keep the masses as distracted as possible and in some kind of drunken slumber with empty words that surround total inaction on any system level, actions that if taken would begin a process of redistributing wealth with a chance of revitalizing a middle class which would if harbingered take up dominance harkening to the days of the 1950s through until the mid or latter part of the 1970s. This was the time when the physical economic system was harnessed with great zeal backed with an absolutely first rate educational process. But now let us see the equation.
Trillions of dollars going into the bailout = No trillions of dollars coming out of the bailout at least nothing much seen as hardware so I guess you could say that would indeed equal a Jobless Recovery.
Somehow I keep looking for the grand hardware coming out of this recovery which would in fact create jobs I think it safe to say that one has to look very closely between the words Jobless and Recovery to find it.
Something to think about,
Randy
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