"Sorry. There's no way the USA can ever "recover" to that lush breeding ground of swindling, fraud, and childish irresponsibility."
The Jobs Picture By James Howard Kunstler
on December 6, 2010 9:57 AM
XXX The clarion cries of "recovery" cut painfully through the crisp pre-Christmas air while the now-perpetually unemployed huddle in their tents around the Sacramento delta, and the state AGs slug it out with the foreclosure goons, and not a few mortgage payment drop-outs enjoy luxury living in McMansions with no monthly carrying costs, and the minions of Goldman Sachs (with fellow squids) groom their beaks waiting for the massive chum slick of bonus checks to be dropped by helicopters in this the third holiday season since Wall Street committed suicide by an overdose of Ponzi.
XXX It's pathetic to hear the wan cry of "recovery" issued by the high priests and tribunes of this land. Do the president and his train of wizards really suppose that all the necessary pieces are in place to re-start the economic dynamics of, say, 2003? A million busboys and lawn service lackeys lining up for half-million dollar liar loans at the Countrywide office? BCA, Citi, and all the other big banks pawning off bundles upon bundles of these worthless obligations to insurance companies, pension funds, foolish endowment fund managers and any other reckless entity desperate for yield? A hyperbolic consumer economy pyramid resting on a base of empty promises to repay?
XXX Sorry. There's no way the USA can ever "recover" to that lush breeding ground of swindling, fraud, and childish irresponsibility. The hardships of today do not represent a dip in some regular cycle of financial push-me-pull-you. This is a systemic, structural change in the socio-economic ecology of human life. Those who have been shuffling from one office to another with their dog-eared resumes, and clothing pressed under the mattress while sleeping, are bound to be disappointed. The very idea of a "job" may be obsolete, in the sense of bureaucratically organized endeavors complete with a "human resources" department that can just plug in human components like diodes in an engineered system.
XXX Among the surprises I've suggested over the years is the idea that people used to spending long hours in cubicles staring at video screens may, at some point ahead, begin to spend their days in the fresh air, cultivating food crops. I'm sure this sounds outlandish. But we begin to see the new dynamic of this world resolving in the nexus between a crisis of capital, climate change, and peak oil.
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