On
Wednesday, the Congressional Budget Office (CBO) published a report which
predicts very serious recessionary conditions in the USA for 2013 - with the
loss of two million jobs - if Congress does not manage to get to grips with the
colossal public finance deficit. In fact, the CBO is really addressing a paralyzed
political leadership, with a report that constitutes a fundamental political
and psychological shock for the USA.
Here are a
few words from the National Post, taking up Reuters, on the 23rd August 2012, to give us an idea of the tone of
the report – a catastrophic tone also found in other studies like that of the PEW
Research Center, which paints a scary
picture of the material and psychological state of the population, particularly
of the middle classes which have been devastated by the crisis. (We use the
term catastrophic objectively, in an approving sense rather than a critical
one. It is not an alarmist spirit, but a spirit which objectively observes a
general and irreversible drift towards catastrophe as a general state of
affairs, much more than any announcement of a specific catastrophe, even if
this constitutes a part of it.)
Showing posts with label MISSISSIPPI. Show all posts
Showing posts with label MISSISSIPPI. Show all posts
Monday, August 27, 2012
THE AMERICAN DREAM CONTEMPLATES THE BLACK HOLE IT IS DISAPPEARING INTO
TRANSLATED FROM DEDEFENSA, 24/08/12
Saturday, August 25, 2012
BACK TO THE NATURAL ORDER OF THINGS
TRANSLATED FROM THE BLOG DE PATRICK REYMOND, 24/08/12
The means
of communication destroy information, the means of transport waste time, the
health system alienates and kills. And to take up another Illich quote: “schools
are factories for unemployment”
I have
often said that the ‘American economic miracle’ owed more to geographical circumstances
than to the merits of one economic system over another.
Today, the
model is limping, and even limping badly, at several levels. The Mississippi is
finding it difficult, with the drought, to assume its role as a thoroughfare,
through which 500 million tons transits every year, particularly cereal and
coal.
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