Some really depressing/pragmatic economist guy was on Glenn Beck’s horsecrap show tonight saying that we’re heading for a really bad economy. Like on par with the 1970’s and whatnot. But the thing was the guy wasn’t like many of Beck’s usual guests who puff up their chests and scream. He was all resigned and stuff. Like all prognosticating hell on earth while shrugging his shoulders.
I believe this man.
When bad news is packaged with abject resignation on a t.v. show known for its bombastic guests/host, and it’s a very conservative show at that (I don’t care how hard he tries to come off as middle of the road gee whiz Midwest guy, Beck is a complete narcissist a-hole), when it’s packaged like this, I absolutely believe the economist. He’s saying that in the not-too-distant future we’ll no longer think of the American Dream as attainable and it will cease to exist. This is how bad it has gotten. No one trusts the government. It has lost the trust of its people. This is very bad. Our buying power will diminish significantly in the coming years as Asia rises. So build those fallout webs, my pretties.