Sunday, February 10, 2013
A brief musing ...
A system that not only depends on thoughtless consumption in order to artificially "stimulate" the economy and artificially keep it afloat by buying lots of things we might otherwise do without. But saving is bad, consuming good. Saving is hoarding. Hoarding money that allows banks to apply investment capital to new business is what ugly rich people do.
When the American people are exhorted to believe in the recovery and demonstrate that faith by consuming more, or certain communities are exhorted to quit whining, has the Obama presidency changed from a silver bullet for "fundamental transformation" (stopping the apocalyptic rise of the seas) to a sort of voodoo fetish which needs to be believed in strongly enough in order to do its magic?