When up to one year ago, leading Economist declared a Recession. The fourth estate's equivocal lexica suggested everything was either rebounding or dismal depending, of course, on which side of the political fence one sits.
Due to a certain milestone going unreached, a suggestion regarding an economic recessional period seemed overly pessimistic. Those seated across the aisle suggested that, already reaching the real indicator, we were in a recessional state.
Thus, we sat as a confused nation with very little grasp of economic indicators while at the mercy of the fourth estate also known as the keepers of Truth. Fortunately, they were there and, with their grand beneficence, told us what to think.
January 20, 2009, heralded as a quasi-second coming by many people; a date, after which, a nation will heal and our recovery will begin. In our simplicity, we place causation on one single entity, the Bush Administration. We cast aside centuries of economic theory, new age principles of a global market economy and complexities contained therein. No more Bush becomes the mantra of a nation.
Poincare's theory, later morphed into Chaos Theory, suggests that minor events over time become exponentially immense. So too is the state of our nation's economy. Bailouts of lenders and automakers are measures to slow the precipitous decline of an ailing economy.
Over the upcoming year, we shall witness hardships unlike any we have seen in several generations. Certain events within both the global and national economies have occurred over recent months and years. The negative impact of which will go, unfelt, for several months.
To fix the nation's economy, it requires years if not decades. On January 21, 2009, we will not awaken to a Utopian nation. We will find former Bush backers pointing fingers, while former Bush bashers will defend the new administration.
It does not take one person to destroy a nation's economy just as it takes more than one person to recover an economy. We, as a nation, must come together and participate in this recovery effort. We must educate ourselves and sacrifice our naïveté, sacrifice our innocence.
Published by Paris Kaye
I am a writer! A "writer" in the sense that the act of writing is neither a pastime nor a luxury but a necessity. I have published a novel, several short stories and freelance articles and abstracts. View profile
Barack Obama: Fired Up and Ready to GoBarack Obama, introduced by former Four Star General "Tony" McPeak, rallies potential Iowa caucus-goers on December 28 in Davenport, Iowa.- Barack Obama and the Youth VotePoll after poll has shown it. Barack Obama is winning the youth vote, and winning it decisively. Iowa answered the question whether this enthusiasm would reflect at the polls, against the wishes of many pundits. Why d...
- Racial Issues in the Barack Obama Campaign: Jeremiah Wright, Obama-Bashing and Med...Is Barack Obama being over-scrutinized when it comes to racial issues in and around his campaign?
- Barack Obama: Facts and FairytalesDemystify the man! Learn how Barack Obama has been swiftboated in cyberspace! Look here for accurate information regarding the truth about Barack Obama.
- Barack Obama Addresses Newton, Iowa, Crowd on December 30Barack Obama (D, IL)spoke to a crowd of would-be caucus-goers in Newton, Iowa at the Newton Senior High School on December 30th, and obliquely rebutted some of the charges being aimed at him by other front-runners in...
- How Will History Judge George Bush?
- Bush Administration Targets Nations for Piracy
- U.S. Economy Could Overshadow Presidential Election
- Rhetorical Use of Fear by the Bush Administration
- The Reasonable Barack Obama
- Over-Capacity Crowd at Barack Obama Rally in Seattle, Washington
- Presidential Hopeful Barack Obama Pays Youngstown State University a Visit
