Excuse me as I act shocked by the news that our super star, the Dow Jones, dropped 500 points the other day. How is it that we didn’t see this coming? Maybe it is because we do not all see things through the same lens.
How can we justify record high stock prices while our nations unemployment roles record one in five of us are either unemployed or underemployed and that tens of thousands of homes sit empty and unlit? Is it that we have partaken of this corporate cool aid for so long that we actually believe that higher stock prices mean a bright future for our economy or does it just represent the stripping of the last possible penny from our nation to line the pockets of our wealthiest economic participants?
Average people like myself have been feeling the recession beating down on their shoulders for two and a half years and yet there are those among us who have felt nothing, yet.
I submit to you that maybe this market downturn combined with the historical downgrade of our Republic’s debt are indicators of what is yet to occur. These insulated participants in our economy produce nothing but arguments and papers to benefit themselves and corporations. They do not produce food, machinery or shelters. It now may very well be their moment to feel the weight of this recession upon their shoulders, to have no home, no credit and no capital. This experience may clean the lens through which they have been so empathetic ally consoling the rest of us throughout this period of suffering.
Adding insult to injury, our nation’s leadership seems shocked by the downgrade of our debt, as if it was news to them. Shame on them for their irresponsible behavior on the left and on the right, our nation deserves better and let us hope that we will have the opportunity to make things right again.