Category Archives: economic collapse

Tom Friedman’s brave new fantasy world

Posted on August 2, 2013 by oddmanout215

Richard Eskow’s insights regarding Thomas Friedman will make perfect sense to anyone who has read Friedman’s gung-ho dispatches about globalization and entrepreneurship in the digital age, or his advice to the discouraged — “But you know what they say to … Continue reading →

Posted in economic collapse, globalization, Great Recession, Iraq war, mainstream media, New York Times, unemployment | Tagged , , , , | Leave a comment

Dems-in-name-only won’t help close income gap

Posted on July 29, 2013 by oddmanout215

Paul Krugman, commenting on one of the moral midgets who pushed through the House a new farm bill that would maintain generous government subsidies for agribusinesses while eliminating food stamps: Now, some enemies of food stamps don’t quote libertarian philosophy; … Continue reading →

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Obama, The New Depression, unemployment, Wall Street | Tagged , , , , , , | Leave a comment

Krugman strains eyes, can’t see light at tunnel’s end

Posted on July 18, 2013 by oddmanout215

Give credit to Paul Krugman for consistently refusing to pretend the so-called Great Recession was anything less than a depression. Now he’s suggesting hard times might be here to stay, because working-class Americans are too brain-dead to take action on … Continue reading →

Posted in economic collapse, Great Depression, history, mainstream media, The New Depression, unemployment | Tagged , , , | Leave a comment

Ding dong! Maggie’s dirty deeds live on

Posted on April 13, 2013 by oddmanout215

From a 2004 column in Daily Mail on what happened to the working class in Britain after Margaret Thatcher’s successful crusade to kill the miners’ union: … What the [coal miners’] strike represented to us was a set of values … Continue reading →

Posted in economic collapse, history, humor, mainstream media, pop music, The New Depression, unemployment, world-wide economy | Tagged , , , , | 3 Comments

When life feels like ‘Groundhog Day’

Posted on April 7, 2013 by oddmanout215

I was biking through a school-free drug zone, on my way to a temp job, cultivating bad habits. Not overtly bad habits — Marlboros and meth, and so on — but rather those drab little habits meant to ensure the … Continue reading →

Posted in economic collapse, humor, Iraq war, life in the big city, mainstream media, movies, Philadelphia, pop music | Tagged , , , , , , , | Leave a comment

Shoeshine boys debate job creation

Posted on March 17, 2013 by oddmanout215

[The job creators] have no intention of creating jobs now or in the future. They don’t have to create jobs and there’s nobody out there to make them do it. They simply will reduce the number of jobs they have … Continue reading →

Posted in economic collapse, Great Compression, life in the big city, mainstream media, Philadelphia, The New Depression, unemployment | Tagged , , | Leave a comment

Thank Obama, the anti-FDR, for the sequester

Posted on March 4, 2013 by oddmanout215

America is waiting for a message of some sort or another. – David Byrne and Brian Eno It ain’t pretty, the damage Barack Obama has done to working people by trying to cozy up to Republicans over the last four-plus … Continue reading →

Posted in economic collapse, Great Depression, history, mainstream media, Obama, The New Depression, unemployment | Tagged , , , , , , | Leave a comment

There will be blood (or more apathy)

Posted on February 19, 2013 by oddmanout215

There’s nothing new about eras in which the rich grow richer as the majority slips into the ditch. Or about gilded ages being followed by periods in which worker incomes rise. In between are those interesting chapters in which the … Continue reading →

Posted in economic collapse, globalization, Great Depression, history, mainstream media, Occupy Wall Street, The New Depression, unemployment | Tagged , , , , | Leave a comment

Obama’s jobs plan… Is that all there is?

Posted on February 13, 2013 by oddmanout215

OK, here it is, the one substantive suggestion regarding job creation in Barack Obama’s State of the Union address, dutifully reported by The Hill: “Tonight, I propose a ‘Fix-It-First’ program to put people to work as soon as possible on … Continue reading →

Posted in economic collapse, globalization, Great Recession, mainstream media, Obama, The New Depression, unemployment | Tagged , , , | Leave a comment

Will Obama get real about jobs?

Posted on February 12, 2013 by oddmanout215

[Hard to tell why the woman in the video is working herself up to jump off a bridge. Maybe it’s Jolson’s voice.] I’m posting this right before the State of the Union address, in the hope that my remarks will … Continue reading →

Posted in economic collapse, globalization, mainstream media, Obama, The New Depression, unemployment | Tagged , , , , | Leave a comment