Confusing Economics of the Twenty-First Century

Times Are Tough

Vincent  Summers
These are curious times in which we live. In the private and public sectors there is confusion when it comes to matters of livelihood, pensions and healthcare. Some feel things are just fine, while others don't know where to turn. You know the curious thing is that those who feel fine do not worry where they turn. Whichever whey they turn, everything is coming up roses. Why is the other guy so upset?

Now for those who are upset, here's part of the reason why. They're out of work. After two or three years, they're still out of work. Their neighbors are out of work. Houses are lost, pensions are forfeited as those looking forward to them are let go months before retirement. When they go grocery shopping, they see fewer cars on the road, yet prices have skyrocketed! That's odd, because the stores had always claimed costs rise when there is a gas shortage.

Back at home, they turn on the TV. Sitting back in their chair, the first thing they see is a lawyer advertisement. BONG. The spokesman promises the law firm will help get the cash you may be entitled to receive if you listen to the celebrity. Odd this commercial has been on a number of times, and the name of the law firm keeps changing. One thing's for certain. If the customer does get something he is entitled to, the lawyer gets nearly as much as if it was he who was hurt!

Don't know about you, but I always heard statistics don't lie. Now have you examined a family member's income insurance check, lately? The dollar amount hasn't changed in some time. Although the news cries out that costs keep skyrocketing, at least some statisticians are claiming there is no inflation. Maybe it would be good if one of these statisticians called the news stations to readjust their thinking?

Healthcare has never been better. So what if some can't afford bypass surgery or expensive medicines? Others can get tummy-tucks and breast enhancement. Besides, in Today's troubled world, it's great to hear some are concerned with the elderly. What? You never heard about the "Youth-in-Asia" program. Yeah, it's really thoughtful that some feel the elderly should surround themselves with the young? These people think such a program could solve the health care issues faced today.

Published by Vincent Summers

My secular expertise includes 23 years of experience at the National Radio Astronomy Observatory, with a share in NASA's extended Voyager 2 effort. I formerly wrote for Demand Studios, Bukisa, Suite 101, Exa...  View profile

11 Comments

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  • Mary Kirkland12/1/2011

    Very interesting read. Good job. :)

  • M.G. Hardiman11/29/2011

    Sign of the times. Good article, Vincent. Insightful.

  • Michael Segers11/15/2011

    Considering how well you explain the most complex chemical matters, I was expecting you to figure out all this economic mess for me.

  • Major Jester11/11/2011

    A great read, Vincent. Bravo!

  • Vonda J. Sines11/9/2011

    This is very well-written. Last week, a surgeon told me he had patients in the hospital who could not afford the cost of their pain meds after surgery.

  • Sivaramakrishnan Ananthanarayanan11/8/2011

    During these times, I also see many advertisements telling how easy it is to make money in the stock market and forex trading. Just an hour will do, to get astronomical returns. The course fee, of course, runs into the thousands. Some still make hay, while for others the sun seems to have set! siva

  • Vincent Summers11/8/2011

    Just a note: my piece isn't about politics. It is about greed and deception. It is about lies and want of heart.

  • Michele Starkey11/8/2011

    The Youth-in-Asia comment reminded me of the SNL skit a few years back. It was a hoot. Sadly, the way the country is going these days, it's not so funny. cheers

  • Lorraine Yapps Cohen11/7/2011

    Many good points covered here, Vincent. Statistics, mathematics, and analysis can be used to derive any answer you are looking to get. Politicians, global warming advocates, and realtors do it all of the time.

  • Vincent Summers11/7/2011

    Ah! Youth-in-Asia = Euthanasia.

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