Cartoon for August 4
Nations could burn. But we still won't be in a recession.
Nations could burn. But we still won't be in a recession.
posted by Ted Rall at
12:01 AM
Monday, August 04, 2008
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U.S. ECONOMIC COLLAPSE
- Actual Unemployment Rate (courtesy of Shadow Government Statistics)
- Actual Inflation Rate (courtesy of Shadow Government Statistics)
19 Comments:
Well dduuuhhhhh!
It's a depression!
Nothing's wrong. KEEP SPENDING!
Mmmmmmmm.....cannibalism
Brilliant, Ted. Brilliant.
Did anyone else find it infuriating when the Cato Institute discovered this year that poverty does not exist in this country? Turns out the solution was right under our noses: they simply redefined poverty as anyone who doesn't own a television. Problem solved!
But, you see, according to the pathos of those who say "there's no recession"; if a group of people don't matter to them, then those people don't exist. Since nobody who is suffering economically matters to them, those people don't exist, so therefore there's no recession.
It's the same pathos that led Rush Limbaugh to say five years ago that "there were no protests against the Iraq War" after the war started, when we who live in the real world know that there were. It's just that to Limbaugh, the people who protested didn't matter, so therefore they don't exist, and therefore since they don't exist, the protests never happened. Get it?
It is the ultimate, narcissistic arrogance. If you don't matter to them, you don't exist to them.
Maybe we'll matter to them when we storm the bastille.
A poem I learned in elementary school:
"Quiero leche y quiero pan
Quiero cosas ellos no me dan"
An apocryphal 18th Century remark:
"S'il ait aucun pain, donnez-leur la croûte au loin du pâté."
Heard recently in the news:
"You've heard of mental depression; this is a mental recession."
K Susan, maybe you were to busy in your liberal arts classes and womyn studies and didn't take critical thought, so let me help you. The statement "We are not in a recession" and "People are suffering" are not mutually exclusive. A recession has a definition. An economy can not be in a recession and people can be suffering.
Good Lord some of you people who claim to be so intellectual can't seem to grasp this fact.
Were the Sons of Liberty a terrorist group?
edward,
Its actually pretty interesting because the way you describe "critical thought" is the neo-liberal archetypal view of the world, namely post-modernism.
Apparently, you didn't take logic. You are taking a statement which is tied together and unriveting it into two different parts for dissection. All the while forgetting they were together in the first place.
I.e. "The statement "We are not in a recession" and "People are suffering" are not mutually exclusive."
These statements go together. Its not one person saying "We are not in a recession" and another saying "People are suffering." The correct way to look at the statement is People are suffering due to a recession. Not either or.
A recession actually doesn't have a true definition. It's been proven time and time again that the U.S. Government falsifies figures or either adds or deletes variables to come up with a satisfactory answer. So how can you go with the definition made by an embodiement of people who are adept at falsification and forgery?
Also, the term people are suffering is a post-modernist invention. Its all relative, acc. to p-m.
But let me tell you this. If capitalist speak of the economic or mental or both, suffering of the communist countries; they sure as hell could use some back at them.
However, their definition of suffering is much like the definition of a depression. One which cannot possibly happen again.
So edward, its back to the drawing board for you. You seem to assert your conservative ideals; however, you fall victim to the highest ideals of liberalism.
Me being one which would be delighted to see post-modernism abolished (and constantly works towards this); I can say with a certain degree of knowledge that you, edward, are a liberal.
Cheerio!
Allow me to beat Edward to the punch. Terrorism is DEFINED (UN Security Council Res. 1566) as:
criminal acts, including against civilians, committed with the intent to cause death or serious bodily injury, or taking of hostages, with the purpose to provoke a state of terror in the general public or in a group of persons or particular persons, intimidate a population or compel a government or an international organization to do or to abstain from doing any act.
So, yes. Yes they were.
Edward,
Your right, Recession has a definition, however it is meaningless because we keep redefining what the CPI is and redefining what the GDP is. Were the GDP measured the same today as it was in 1975, we have been in a recession since 2001. Since we now include production that occurs overseas in our GDP, the very term Gross Domestic Product has become a joke. Its like the metrics in Iraq. Pre-surge, everybody who got shot died of violence. Now if somebody is shot in the back, they don't count because it was accidental, but if they got shot in the front, they were a victim of an act of violence. Its amazing how much better the numbers look now that we have changed how we count. The delta, however, is meaningless. Just like the 1.9% growth in the GDP is meaningless.
The following is from the Universal Declaration of Human Rights. The United States of America signed this document. It does not specify acceptable deviations. It says "everyone" and is also quite inclusive with respect to time. Other articles make it difficult to split hairs about what the words mean.
Article 25
(1) Everyone has the right to a standard of living adequate for the health and well-being of himself and of his family, including food, clothing, housing and medical care and necessary social services, and the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond his control.
EDWARD SAID:
Good Lord some of you people who claim to be so intellectual can't seem to grasp this fact.
I challenge you to find one example of someone claiming to be intellectual.
"K Susan, maybe you were to busy in your liberal arts classes and womyn studies and didn't take critical thought, so let me help you."
needless condescension: the best way to get people to listen to you!
christ, what a prick
I feel left out, nobody came to my defense when Edward pestered me with that condescension.
Dear Edward,
I must have succeeded in taking flight, because otherwise you wouldn't have had any need to shoot at my wings.
Susan
slowly, and silently, if we are not too mean, edward will get real.
Ted Rall won't be able to buy the newest iPhone model, oh noes the living will envy the dead!
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