The Decline
Posted: January 9th, 2010 | Author: Tom Simpson | Filed under: General | 1 Comment »Watching this map makes me feel lucky that I’m in one of the few counties that is still “yellow”, and I still have a job, but to see that it’s coming this way is disheartening. The data on this map (at this time) has only been updated through December 2009, when the unemployment rate was 9.3%. We all know that it’s went up, since then.
To know that there seems to be no real economists involved in making any decisions about how to recover from this makes me doubt that we will recover… at least for quite a long time.
Does anybody involved in making decisions about the economy actually know their history? I guess that they decided to skip the 1920-1940 years, since we learned that throwing money at the problem just prolonged the suffering, back then. Not only are they throwing money at a problem that they shouldn’t… they’re throwing it in all the wrong places. Top-down is not the way to fix this and stimulate the economy. This needs a bottom-up fix… something I haven’t seen anybody mention. Comment or Talk
See Southern California looking more and more like Mordor in that video? That’s why we had to leave L.A. for Huntsville, Alabama. Though there’s always unemployment in Alabama, Huntsville was (and still is, for the most part) a “yellow city”. But the Dark Riders have been drifting in, slowly but surely; our little region of Middle Earth won’t be able to hide from the eye of Sauron forever.