A Timely Question
With the economic downturn still in the news while a fresh wave of “saying he’s inevitable makes it true” passes through the opinion world, one question comes to mind: How does a family prepare for a Great Depression? Keeping in mind that I’m an optimist on religious grounds, that particular trajectory carries fair odds with an Obama presidency.
With no technological revolutions on the horizon, we’re surely not in for a rapid economic recovery — do the media what it will to declare that the sun has risen in a giant, shining O. The Democrat executive and Democrat legislature can be relied upon to respond by giving away money to people who’ll use it to pay down debt or waste it and to increase government spending as a form of economic stimulus. To pay for this renewed attempt at socialism, they’ll borrow money and raise taxes on wealth and productivity. Consequently, the rich will sit on their wallets, and the productive will wallow in a lack of opportunity.
The silver lining is that the ruling regime of the United States of America will be so weak that our enemies will waste no time coalescing and pushing the world toward some brink or another, ultimately spurring the American people to rally the West toward a war-driven economic boom.
But again: How ought a family to prepare for such a future?
On a related note, I wonder whether the Saturday Night Live folks realize how close to a cultural divide they are when they give the following line to Tina Fey/Sarah Palin:
We don’t know if this climate change whoseywhatsit is manmade or if it’s just a natural part of the end of days.