Donkey Mountain says there is no economic recovery and that times here echo Russia during Yeltsin, when everyone knew the system was broken and corrupt. Read the whole post. This is great writing and he speaks the truth too.
You don’t have to be a comedian to get a laugh in my neighborhood. All you have to do is walk up to someone, just about anyone, and say, “Hey, cheer up, we’re in a recovery!”
The other day I was struck by this wierd feeling of deja vu. Where had I seen this kind of listlessness before? Where had I observed this sort of laggard, slumping despair? Then I remembered. It was back in Russia during the Yeltsin years. It was the exact same atmosphere: Things were shitty and getting worse. Life was shabby and dilapidated. Their rulers were corrupt and didn’t give a damn. Cosmically rich oligarchs were cannibalizing the country, and the system was so badly broken there wasn’t a damn thing anyone could do about it. Drink up.
When Obama and his supporters speak of the recovery as if it’s an established fact, it just sounds like so much hollow BS. That’s what the recovery looks like down here on the mudsill.
People know what the problem is. This system is corrupt. They just aren’t sure what to do about it. Yet.