“Reality is beginning to break through. Gas and grocery prices are on the rise, home values are down, and vast majorities think the country is on the wrong track. The result is sadness and frustration, but also an inchoate rage more profound than the sign-waving political fury documented during the elections last fall.”
Doesn’t this assume the states have no vested interest in stability within their borders and that they’re just going to leave it up to FedGov to manage?
I wouldn’t be surprised, if things continue to spiral downward, if states start telling the Federal Government to get its act together and in the meantime they’re going to ensure that their states and citizens thrive.
Sorry ‘bout that three-horned titmouse, OSHA regulation #837,829,717, etc. but yah, we’re going to need to build refineries, grow food, access our natural resources and build some manufacturing plants, etc. here for a while. Get back to us when you can manage a cafeteria.
Titmouse Eureka (TE). Thanks for bringing this to my attention, Nickname. It is exactly right and just that we save ourselves by returning to Federalism, perhaps even to the Colonial Period.
bttt!
“home values are down”
Just imagine when they drop another 50%+ to reflect historical values (IOW “what they’re actually WORTH”). The price is still in a bubble, and a lot of people were duped into buying when housing was nearly double what people could, in reality, actually pay. Unfortunately the con of a home rising in price more than inflation (actually, home values should stay the same or fall with age, but I digress), and being an investment, was a fool’s notion, and sadly tens of millions were sucked into the game, many of whom are underwater and defaulting by the millions. That’s not a recipe for happiness.
That aside, there are a whole lot of things that need fixing, and there’s a long way down before people hit rock bottom. Then they finally start to wake up.