The sky is falling! The sky is falling!Everywhere, you can hear the din of the doomsayers -- an oddball bunch who draw from the grimness an obdurate contentment and satiation; like a clump of fortune tellers, with fiery eyes and scowling brows plumbing the depths of their crystal balls, they herald darkness and despair.
"U.S. UNEMPLOYMENT JUMPS", proclaimed CNN, barely containing their glee as Friday's employment report was announced.
"UNEMPLOYMENT RATE JUMPS TO 4.9%", screamed CBSNEWS' MarketWatch website.
To hear the prophets of gloom and doom tell it, America is finished.
An economic curse has descended upon us, say the soothsayers of sorrow with melancholy tongues.
Our cornucopic days of roaring opulance and riches are behind us, forever lost, as misery and indigence awaits us.
In the minds of lefties, images of soup kitchens and unemployment lines stretching as far as the eye could see dance in waves of enchantment, as the rush of adrenalin transports them to Nirvana's very embrace.
Exaggeration and hyperbole, you say?
Some might think so.
But think again.
For, behind the long faces of solemnity with each new jolt in the unemployment rate; the feigned expressions of shock at the almost daily carnage on Wall Street, lies a thinly disguised narcissistic conceit, a ray of comfort, borne of a sense of "vindication", somehow.
Whether the gloomers and doomers admit it or not, their destructive resentment of wealth and achievement -- their implacable envy and pitiless grudge -- drives them to relish the bad news.
Donning their phony "populist" facade, the mission is to spread panic, to whip up hysteria into a lather, in hopes of provoking a mass stampede for the exits.
Their ultimate goal? A glaringly apparent desire to undermine confidence and faith in America itself; to cast a pall on Reagan's 'Shining City on a Hill'.
But here's something for the namby-pambys to chew on: America is coming back.
The notion that the most vibrant economy in the world can not and will not ever recover, that our people are condemned to slouch perennially in abysmal morass is the stuff -- not of realists -- but of cowards and milquetoasts.
American capitalism is irrepressible -- a pulsating fore of unbridled dynamism; the focus -- not of evil -- but of boundless envy, the world over.
It survived the Carter administration -- what more need be said?
From the beginning of the year, the sequence of events remarkably parallel the situation Reagan inherited in 1980, differing only in degrees of severity.
Then -- as now -- the incoming GOP president grappled with the mess his predecessor so thoughtfully left behind.
And, then -- as now -- the fiercely disloyal opposition, unrestrained by notions of shame nor decorum -- were on the warpath as ever, attempting to blame the incumbent.
Little did the miscreant fools realize they unwittingly set the stage for Reagan to accrue all the credit when the economy came roaring back.
Fasten your seatbelts: History is about to repeat itself.
It's a good time to quit spending and pay off any debts. A bad economy is part of a cycle, a lot of people will lose their jobs and their homes but when they've foreclosed and become bankrupt, they also aren't in debt anymore and can start all over. Also the 90's wasn't that good of an economy.