How does the American economy work is a question that is beyond my abilities to comprehend. Trillions of dollar in debt and yet the most powerful country in the world is not a contradiction for those who have figured things out. To me, it seems one of those far out of reach esoteric things only a privileged few can claim to understand.
Someone has taken a stab at dumbing it down to the level of the common person who does not have the requisite education or awareness. I liked the farm and farmer analogy to explain a far bigger and complex picture. It sounds like a lot of trouble and an almost inextricable mess.
I also realize that pundit-speak rife with jargon and statistics on economics will continue to confound me as always. I will still not understand how a multi-trillion dollar debt is all about a nation's health and vitality, under-employment and job-lessness is not as bad it seems and finally the housing boom is the real McCoy and not a mega-bubble of the dot com scale.
Some forms of dumbness are patently incurable perhaps. A glimmer of realization comes through an over-simplified theory which fades as soon as a strongly argued counterpoint is presented.
crossings as in traversals, contradictions, counterpoints of the heart though often not..
Subscribe to my Substack: Signals in the Noise
Subscribe to:
Post Comments (Atom)
Novel High
After two decades away from programming, I recently experienced what felt like a technological miracle. What would have taken me days of met...
-
An expat desi friend and I were discussing what it means to return to India when you have cobbled together a life in a foreign country no ma...
-
Recently a desi dude who is more acquaintance less friend called to check in on me. Those who have read this blog before might know that suc...
-
Published in Serenelight Shiv is fond of saying that he is left where magic realism meets Haiku and remembers having mentioned this to Joie...
No comments:
Post a Comment