Growth is slowing, and the odds are that unemployment will rise, not fall, in the months ahead. That’s bad. But what’s worse is the growing evidence that our governing elite just doesn’t care — that a once-unthinkable level of economic distress is in the process of becoming the new normal.
So, what is to be done? That’s the question. Carlin, to me, is so caustic that while his points may be valid, he kills any possibility of hope or change, and does so almost gleefully. In effect, he just plays into the hands of the elites he despises, because he says nothing can be done.
However, history shows that much can be done, and when income disparities reach a certain point, political and economic instability occurs and sometimes regimes then fall or can be forced to changed. You wouldn’t be reading this blog if you didn’t think real change was possible.