I have written many times about global social unrest...my comments are largely ignored, I don't mind that, but the facts present themselves no matter what. In a recent article linked to below, it is becoming increasingly obvious that the vaunted Chinese economy and their citizens are becoming restive...the government is paying people off to try to quell the unease. Here's the link:
In this country we are so fat (physically, really FAT) dumb and happy that we don't have the gumption to express ourselves in a political fashion as eloquently as the Chinese middle class. But the time is coming when the government will no longer be able to stifle all the misery that is out there.
In a separate note, Mort Zuckerman, publisher of US News & World Report (in full disclosure, my brother-in-law is a senior publishing executive there, but we have not discussed these subjects) is apparently paraphrasing (inadvertently) my blogs with respect to the problems with employment in this country. In an article entitled "The Economy Is Worse Than You Think," reported recently in the Wall Street Journal, Zuckerman picks up on ALL the items that I have been reporting on for months now (just go down the blog list, and you'll see that evidence.)
It's nice that high-profile folks are beginning to get the message...THERE IS NO SUCH THING AS A JOBLESS RECOVERY, AND THE GOVERNMENT UNEMPLOYMENT STATISTICS STINK TO HIGH HEAVEN.
Here's the link: